Rebound Rally • Inflation Data • Special REIT Dividend

January 28, 2022 | Hoya Capital

Rebound Rally • Inflation Data • Special REIT Dividend Real Estate Daily Recap Jan 28 Written By Summary U.S. equity markets rebounded Friday - erasing their weekly declines on another volatile session - as upbeat corporate earnings reports eased recent investor jitters about rising interest rates and persistent inflation. Ending a historically volatile week with cumulative gains of nearly 1%, the S&P 500 rallied 2.5% today while the tech-heavy Nasdaq-100 gained 3.1%.

Mid-Caps rebounded 2.0% while Small-Caps gained 1.5%. Real estate equities delivered their best day in several months to erase weekly losses. The Equity REIT Index finished higher by 3.2% with all 19 property sectors in positive territory. Consumer prices in the US continued surging in December with the PCE Price Index - the Fed's "preferred" measure of inflation- rising more than 5.8% from last year - the highest rate of inflation in more than three decades, sending Consumer Sentiment to the lowest since 2011.

Timber REIT Weyerhaeuser (WY) rallied nearly 5% after posting strong Q4 results and declaring a special dividend of $1.45/share, propelled by robust demand for wood products from homebuilders and repair/remodel contractors. 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 rebounded Friday - erasing their weekly declines on another volatile session - as upbeat corporate earnings reports eased recent investor jitters about rising interest rates and persistent inflation. Ending a historically volatile week with cumulative gains of nearly 1%, the S&P 500 rallied 2.5% today while the tech-heavy Nasdaq 100 gained ...