Daily Reads 7/9/2019
Hi, everyone. For Tuesday, news from Europe shows that central bankers are hinting at more monetary stimulus, contributing to sub-zero yields in the Europian Junk-Bond market. Millennials are favoring rentals over homeownership, thinking it costs less, but this has resulted in soaring rental prices. When it comes to personal finance, a new study shows that 58% of women leave financial decision making to their spouses, shedding light on a troubling trend in family finance. A new startup looks to capitalize on the vacation segment of renters looking for an alternative to timeshare homes. And the Women’s World Cup broadcast ratings hit a record high for 2019, achieving a 20% higher rating than the men’s finals.
Central bankers hinting at more monetary stimulus have depressed yields so much that even some European junk bonds trade at levels where investors have to pay for the privilege of holding them.
In the D.C. suburb of Chevy Chase, Maryland, a massive apartment rental and condominium complex is going up, and apparently it can’t happen fast enough. Demand for rental apartments in and near cities across America is soaring, just when most thought it wouldn’t be.
When it comes to steering the financial ship, women are hesitant to make waves
Vacationers have long enjoyed shared ownership of homes. Now, a California startup is hoping investors will buy portions of houses as well.
The U.S. women’s World Cup victory was also a ratings winner for its broadcasters.