Feb. 22, 2025 2:20 AM ETACTV, AFMC, AFSM, ARKK, AVUV, BAPR, IVOO, IVOV, IVV, IVW, IWC, IWM, IWN, IWO, IWP, IWR, IWS, IYY, QQQ, SPLV, SPMD, SPMO, SPMV, SPSM, SPUS, SPUU, SPVM, SPVU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SPYD, SPYG, SPYV, SPYX, SQEW, SQLV, SSO, SSPY, SVAL, SYLD, TMDV, TPHD, TPLC, TPSC, UAUG, UJAN, UMAR, UMAY, UOCT, UPRO, USMC, USMF, USVM, MAGS, TLT, TLH, EDV, SPTL, ZROZ, VGLT, LGOV, SCHQ, TFJL, TBJL, GOVZ, TBT, TMV, IEF, SHY, TBF, TMF, PST, TTT, IEI, BIL, TYO, UBT, UST, UTWO, VGSH, SHV, VGIT, GOVT, SCHO, TBX, SCHR, GSY, TYD, EGF, VUSTX, FIBR, GBIL, SGOV, SPTS, UDN, USDU, UUP, RINF, AGZ, FTSD, LMBS, VLGSX, PRULX, VEDTX, FBLTX, PEDIX, ITB, XHB, NAIL, HOMZ, PKB, IYR, REZ, REM, RWR, VNQ, ICF, FRI, PSR, JRE, KBWY, SCHH, MORT, REET, FREL, SRET, RSPR, XLRE, USRT, NURE, PPTY, SRVR, INDS, BBRE, NETL, RDOG, IVRA, REIT, FPRO, DDM, DIA, DOG, DXD, EPS, EQL, FEX, HUSV, IWL, JHML, ILCB, OTPIX, PSQ, QID, QLD, QQEW, QQQE, QQXT, RSP, RWM, RYARX, RYRSX, SCHX, SDOW, SDS, SH, SPDN, SQQQ, SRTY, TNA, TQQQ, TWM, TZA, UDOW, UDPIX, URTY, UWM, VFINX, VOO, VTWO, RTH, IYC, XRT, XLY, VCR, RXI, RSPD, PEZ, FXD, PSCD, FDIS, IEDI, IYK, XLP, VDCInfrastructure Capital Advisors87 Followers(6min)The Services PMI for January dropped to 49.7 which indicates that services are now contracting.January retail sales declined a disconcerting .8% last week and the Q4 GDP report weakened to 2.3% from over 3% the prior quarter, with the critical investment component dropping 1.1%.Weakness in the old economy has been driven by the sell-off in the 10-year treasury to a 4.8% in response to harsh Fed rhetoric, causing the 30-year mortgage rate to rise above 7%.Maks_LabOn Friday, the Services PMI for January dropped to 49.7 which indicates that services are now contracting. In addition, existing homes sales declined 5% M/M and consumer sentiment came in at 64.7 vs. expectations of 67.8.January retailThis article was written byInfrastructure Capital Advisors87 FollowersInfrastructure Capital Advisors ("Infrastructure Capital") is a leading provider of investment management solutions designed to meet the needs of income-focused investors. Jay Hatfield is CEO and CIO of the investment team. Mr. Hatfield is the lead portfolio manager of the InfraCap Small Cap Income ETF (NYSE: SCAP), InfraCap Equity Income Fund ETF (NYSE: ICAP), InfraCap MLP ETF (NYSE: AMZA), Virtus InfraCap U.S. Preferred Stock ETF (NYSE: PFFA), InfraCap REIT Preferred ETF (NYSE: PFFR), and a series of private accounts. Infrastructure Capital frequently appears on or is quoted in Fox Business, CNBC, Barron's, The Wall Street Journal, Yahoo Finance, TD Ameritrade Network, and Bloomberg Radio/TV. The team at Infrastructure Capital publishes a monthly market and economic report, quarterly commentaries, investing primers, and asset class and strategy research. In addition, Infrastructure Capital hosts a monthly webinar and attends industry conferences in an effort to provide educational investing resources.CommentsRecommended For You