Some real estate investment trusts (REITs) have been hammered due to high interest rates. That’s because high interest rates drive up the cost of borrowing capital and cut…
By John Whitefoot, 2024
It’s taken some time, but things are looking up for hotel and motel real estate investment trusts (REITs) like Park Hotels & Resorts Inc (NYSE:PK). The U.S. hospitality…
By John Whitefoot, 2024
The global marine shipping industry has done well so far in 2024, thanks in large part to transit restrictions in the Panama Canal and ongoing challenges in the…
By John Whitefoot, 2024
During the gold rush of the mid-1800s, hundreds of thousands of optimistic gold miners made their way to California and the Yukon to find their fortunes. Few did.…
By John Whitefoot, 2024
Since July 2023, the U.S. Federal Reserve has held its interest rates at 5.25% to 5.5%, their highest level since 2001. There’s some relief coming, with interest rates…
By John Whitefoot, 2024
Ellington Credit Co (NYSE:EARN) is a financial services company that has, like its peers, seen its share price steadily trend higher since the beginning of November 2023. That’s…
By John Whitefoot, 2024
Dorian LPG Ltd (NYSE:LPG) is a great midstream energy stock I’ve been following closely for the last couple of years. And for good reason. Strong industry tailwinds have…
By John Whitefoot, 2024
While cash-strapped American individuals and businesses are waiting for the Federal Reserve to start lowering its decades-high interest rates, lenders—including business development companies (BDCs) like Hercules Capital Inc…
By John Whitefoot, 2024
Real estate investment trusts (REITs) have been some of the hardest-hit businesses in the high-interest-rate environment. That’s because high interest rates drive up their borrowing costs and cut…
By John Whitefoot, 2024
The restaurant industry took a beating during the 2020 COVID-19 crisis, and some wondered if it would ever fully bounce back. It has, at least for restaurants with…
By John Whitefoot, 2024