Fed Dot Plot Explained: How to Read the SEP
The Fed dot plot shows where 19 policymakers think interest rates should go. Here is how to read it, what it does not say, and what the June 2026 dots signal.
Real Estate
Mortgage-Backed Securities Explained: Pass-Throughs & CMOs
How an MBS actually works: who issues it, how cash flows from borrower to investor, why CMOs exist, and the prepayment risk every investor must understand.
AvalonBay-Equity Residential Merge: $52B REIT Behemoth
AvalonBay and Equity Residential agreed to an all-stock merger of equals on May 20, 2026, creating a $52B-equity, 180,000-unit apartment REIT.