Nuvo Capital Partners’ Post

Tune in to hear Lenny Pisano, and Brian Underdahl discuss our recent #NuvoResearch article titled “The Fed Cut 50 Bps. Now What?”. 👇 Check out the full article in the comments! Lenny Pisano Brian Underdahl #NuvoCapitalPartners

📊 #NuvoResearch The Fed Cut 50 Bps. Now What? The key highlights: 🔹Economic Uncertainty: With a 50bps rate cut and expectations of another 50 by the end of 2024, questions arise about whether these cuts are really just a recalibration of monetary policy or if they signal deeper economic troubles. 🔹Real Estate Outlook: For now, real estate professionals are celebrating much anticipated rate cuts. If fears of a downturn grow, lending standards could tighten and limit real estate activity rather than boost it. 🔹Housing Inflation: The housing sector is a major component of CPI, accounting for approximately 30% of the index. Lower financing costs may keep housing inflation high and limit the Fed’s ability to justify future cuts (which are largely priced in). 📩 Sign up in the comments #NuvoResearch #NuvoCapitalPartners #UndercoverRealEstate #MultifamilyInvesting

Celebrating the strength, dedication, and hard work of all workers this Labor Day. Your contributions shape our world. #NuvoCapitalPartners

📊 #NuvoResearch Rate Cuts Are Good For Real Estate. Right?? The key highlights: 🔹Uncertain Economic Signals: The market has priced in 100bps of rate cuts by the end of 2024, raising questions about whether these cuts signal deeper economic troubles or merely a recalibration of monetary policy. 🔹Real Estate Impact: Real estate owners often expect rate cuts to lower mortgage rates and spur market activity, but cuts made in response to recession fears could actually freeze lending and investment. 🔹Labor Market Focus: Recent downward payroll revisions and cooling job growth have increased market sensitivity to upcoming labor and inflation data, which will likely dictate how the Fed's next move is perceived by markets. 📩 Sign up in the comments #NuvoResearch #NuvoCapitalPartners #UndercoverRealEstate #MultifamilyInvesting

📊 #NuvoResearch The Rise of Part-Time Employment The key highlights: 🔹Flexibility in Work: Part-time work and the gig economy, led by companies like Uber and DoorDash, are gaining popularity, whether for work-life balance or out of necessity to supplement income. 🔹Housing Market Shifts: The increase in part-time employment may lead to fewer qualified borrowers and more ‘would-be’ owners pushed into the rental market. 📩 Sign up in the comments #NuvoResearch #NuvoCapitalPartners #UndercoverRealEstate #MultifamilyInvesting

Tune in to hear Lenny Pisano, and Brian Underdahl discuss our recent #NuvoResearch article titled “This Time Is Different (Somewhat) Reliable Recession Indicators”. 👇 Check out the full article in the comments! #NuvoCapitalPartners

📊 #NuvoResearch This Time Is Different (Somewhat) Reliable Recession Indicators The key highlights: 🔹Yield Curve Inversion: An inverted yield curve, where short-term interest rates are higher than long-term rates, often signals looming economic slowdowns. The inversion implies investors are uncertain about the near term future of the economy, opting to buy longer dated 10 year treasuries as the “risk free” rate of return and driving long term yields down while lack of demand pushes short term rates up. Below are charts on a normal yield curve and an inverted curve. An inversion has preceded every recession in modern history. 🔹Negative Full Time Employment: Perhaps even more indicative of recessions than yield curve inversions, a loss of full time jobs has occurred simultaneously with every recession since 1980. 📩 Sign up in the comments #NuvoResearch #NuvoCapitalPartners #UndercoverRealEstate #MultifamilyInvesting

📊 #NuvoResearch IRR v AAR, A Pragmatic Review 📩 Sign up in the comments #NuvoResearch #NuvoCapitalPartners #UndercoverRealEstate #MultifamilyInvesting

We just wrapped up an insightful webinar on the #Economy, the #FED, and the #Election. Brian Underdahl and Lenny Pisano had the pleasure of hosting some of our investment partners along with several of the families we collaborate with. We are truly humbled by the great turnout at our first webinar and are excited about the opportunity to engage and grow our audience! 🔍 𝗛𝗲𝗿𝗲'𝘀 𝗮 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁 𝗼𝗳 𝘄𝗵𝗮𝘁 𝘄𝗲 𝗰𝗼𝘃𝗲𝗿𝗲𝗱: » Overview of current monetary policies and their potential impacts on investment climates. » Analysis of key economic indicators and their implications for the markets as 2024 progresses. » Insight into how the upcoming election could influence market conditions and investor strategies. 👉 🔗 : [𝗩𝗶𝗱𝗲𝗼 𝗟𝗶𝗻𝗸 𝗜𝗻 𝗧𝗵𝗲 𝗖𝗼𝗺𝗺𝗲𝗻𝘁𝘀] #NuvoCapitalPartners

📊 #NuvoResearch Europe Just Cut Rates. Does It Matter? The key highlights: 🔹Changes in ECB rates are not a strong leading indicator for Fed rate changes and vice versa. 🔹Since 1999, the Fed Funds rate has been higher than the ECB rate approximately 75% of the time. 🔹New apartment construction has only experienced drastic Year over Year (YoY) declines one time since 1996. This was during the GFC in 2010. 🔹Using new permits as a leading indicator, it appears that we’re about to experience another significant YoY decline. If historical correlations hold, we haven’t found the bottom in apartment prices. 📩 Sign up in the comments #NuvoResearch #NuvoCapitalPartners #UndercoverRealEstate #MultifamilyInvesting