Inflation Week • REIT Earnings • Simon Reports Results

February 7, 2022 | Hoya Capital

Inflation Week • REIT Earnings • Simon Reports Results Real Estate Daily Recap Feb 7 Written By U.S. equity markets were mixed Monday ahead of a busy week of corporate earnings season and key inflation data expected to show the highest rate of consumer inflation in four decades. Following gains of 1.5% last week, the S&P 500 finished lower by 0.4% today while the tech-heavy Nasdaq 100 slumped 0.8%. The Mid-Cap 400 finished flat while the Small-Cap 600 edged out gains of 0.2%.

Real estate equities were mixed ahead of a busy week of REIT and homebuilder earnings reports as the Equity REIT Index finished lower by 0.2% today with 8-of-19 property sectors in positive-territory. Mall REIT Simon Properties (SPG) kicks off a busy week of real estate earnings season this afternoon. Simon nearly doubled in value last year even as a trio of smaller mall REITs were in-and-out of bankruptcy. The busy week of earnings season is highlighted by 82 S&P 500 companies and results from more than two dozen REITs.

We'll have full coverage of REIT earnings for Hoya Capital Income Builder members. Income Builder Daily Recap We recently launched Hoya Capital Income Builder - a premier income-focused investment research service through Seeking Alpha Marketplace - that will be the new exclusive home of all of Hoya Capital's investment research. Income Builder focuses on real income-producing asset classes that offer the opportunity for diversification, monthly income, capital appreciation, and inflation hedging.

If you're not already on board, give us a try with a completely risk-free two-week trial and take a look around. U.S. equity markets were mixed Monday ahead of a busy week of corporate earnings season and a key inflation report that is likely to show the highest rate of consumer inflation in over four decades. Following gains of 1.5% last week, the S&P 500 finished lower by 0.4% today while the tech-heavy Nasdaq 100 slumped 0.8%. ...