Week Ended 4/26/19

1Q19 Earnings are upon us For our take on the earnings reports of individual stocks please check out the portfolio analytics section of the website.  Thus far, WPG, IRM and WY have reported and the earnings updates are now live. In this update, I want to discuss the...

Week Ended 4/18/19

Behind the scenes There are subtle changes to REITs that are occurring behind the scenes that are highly impactful yet going un-noticed. Leverage reduction Property quality improvement Tax change REIT FFO/share growth has appeared impotent in recent quarters and many...

Week Ended 4/12/19

Cyclical distortions appearing in the market We are now at over 10 years of economic expansion and largely uninterrupted bull market.  Economic expansions do not die of old age and most aspects of the U.S. economy still look quite healthy.  The sheer length of this...

Week Ended 4/5/19

Having just updated on all the stocks in 2CHYP through the portfolio analytics uploaded earlier this week, I will instead dedicate this post to stocks that are on the cusp of being added to 2CHYP pending pricing and other factors. Farmland Partners (FPI) is...

Portfolio Analytics 1Q19

Welcome to the 2CHYP quarterly analytics.  Each quarter we analyze our holdings both at a portfolio level and at a company level. PDF link: 1Q19 Portfolio Analytics Washington Prime (WPG) WPG 1Q19 Earnings PDF Iron Mountain (IRM) IRM 1Q19 Earnings PDF Weyerhaeuser...