Zoran Miling @milingz
Director, Acquisitions | Industrial, Multifamily, Retail Joined February 2009-
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What is happening with the stock market? Let us explain. First, tomorrow's Micron earnings release, $MU, now feel a lot like Nvidia earnings days in 2023 and 2024. Speculation over Micron's earnings is a key factor driving this volatility. The stock is now worth over $1.2 trillion and driving a broader momentum-based rally that is largely dependent on sentiment around Micron's stock. On top of this, South Korea's stock market, which has quickly become one of the top 6 in the world, fell -10% last night on reports that Korean lawmakers are discussing imposing taxes on unrealized gains from stocks. Then, combine this with the fact that Korean market leverage is at record highs, with margin loans now up to $26 billion in South Korea, and levered ETF trading in the US is at record highs. The result is amplified volatility in both directions, which also explains why the S&P 500 is already up +60 points from its opening low. When you zoom out, the broader AI narrative has only strengthened and market volatility is completely normal after the run we just saw. Capitalize on the volatility.
CAM reconciliations. Can anyone recommend a 3rd party that provides these services for landlords?
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@TKLSubscribers Will you start charting silver?
@ChrisRamsey60 What are best locations? Near typical shallow bay industrial?
@TKLSubscribers usatoday.com/story/news/wea… Thoughts as it relates to NatGas short
@ericjackson What is the risk of $OPEN issuing equity? Do you see this as a possibility - we saw it with GME and AMC.
@CREanalyst1 Is this stepstone, or someone else?
❖ POWELL: LIKELY APPROPRIATE TO CUT RATES AT SOME POINT THIS YEAR ❖ POWELL REITERATES FED NEEDS MORE CONFIDENCE ON INFLATION TO CUT
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