Laker Asset Management

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Laker Asset Management

Director

Domestic

Home Pricing Staying Steady

Home Pricing and Sales Staying Strong During Pandemic Home price growth began increasing in July, this is a sign that the slowdown in home prices caused by the pandemic may be reversing. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 4.8% in the year ending in July. Sales of existing homes have risen 10.5% on an annual basis in August. That included a 44% increase in the sales of homes costi

by Director
Domestic

Election vs. the Stock Market

This Year's Election Will Likely Affect the Stock Market Presidential elections in the U.S. can drastically alter the nation’s direction and economic well-being. While it may not have a direct impact, stock market returns in the year following an election could be affected by its results. According to be US Bank, when the presidency changes hands, the stock market gains an average of 5% in the following year. When the president is re-elected, however, the stock market averages an increase of

by Director
Domestic

Retail Bankruptcies and Store Closures

Retail Bankruptcies and Store Closures In the first six months of 2020, 18 retailers filed for protection.  Majority of these retailers were a part of the apparel and footwear, home furnishing, and grocery and department stores.  From July to August another 11 retailers filed.  This could be the worst year for retailers to file for bankruptcies since 2010 when there were 48 retailers who filed.  Since the government mandated a stay at home order, many of these stores were out of operations f

by Director
Domestic, Macro

Bond Yields are Explaining the Market | Domestic

Bond Yields are Explaining the Market The market has been pretty unpredictable recently but if we are to take a look at bond yields, it can help us investors know what might happen in the market. The treasury note has decreased from 1.9% to 0.7% year to date. This could be why the markets have done well recently too. Stock price estimates are formed from formulas containing yields, and with lower yields it can help pull down discount rates. This can make future earnings more valuable, althou

by Director
Domestic

School Closings and Long-Term Damage | Domestic

School Closings Could Cause Long-Term Damage to the U.S. Economy As the COVID-19 pandemic continues to affect the U.S., elementary and secondary schools across the nation have been forced to shut down and transition to remote learning to reduce the spread of the virus. These closures have an obvious effect on learning in the short-term, as many schools were unprepared to convert their curriculum to digital platforms. However, school closings could also have a massive effect on the long-term

by Director
Domestic

Domestic | The Costs of Shutting Down | Mar 24th-Mar 31st

Big Business Steps Up As Covid-19 continuesto rip through countries, it leaves behind a chaotic and beaten economy. Thepandemic has forced many businesses and even whole sectors to close in order tostop the spread of the virus. In times like this it is important to seek out positivityand resist being swallowed up by all the negative news. Many larger companiesare providing us with that beacon of hope. As the virus continues crippling the economy, it leaves many gaps. Larger companies are ste

by Director
Macro

Macro | Impacts of Covid-19 | March 24th-31st

America's Largest Relief Bill The coronavirus has left the world's markets volatile and staggering.  Aggressive actions are being taken to prevent these losses from becoming extraordinary.  President Trump signed a $2 trillion dollar stimulus package into law.  This is the largest relief bill that the United States has ever signed.  It includes additional unemployment insurance and also will support aid to many struggling Americans.  It is predicted that millions of Amer

by Director