Category: Economy

Covidenomics: The Morbid Reason the 1918 Spanish Influenza Caused Wages to Increase

Mar 11, 2020 - Economy - 0 Comments - Standard

A recent post by the St. Louis Fed, The Economic Effects of a Pandemic, discussed the economic effects of the Spanish Influenza of 1918-1920, referencing the chart, embedded herein, of average hourly earnings in various United States sectors. According to the Centers for Disease Control and Prevention, the Spanish Flu pandemic infected about a third […]

Chart: Miami-Dade County Unemployment Rate Creeps Up, but Remains Low at 3.5%

Oct 25, 2019 - Economy - 0 Comments - Standard

As can be seen in the accompanying chart, the unemployment rate remains low at 3.5%. It has, however, crept up from its recent even lower -the lowest since 2007 – levels of 3.0%. These minuscule levels of unemployment are a marked improvement from the 12.4% peak reached in 2009 following the subprime mortgage crisis. An […]

Video: PwC Partner Mitch Roschelle Discusses Tariffs and Commercial Real Estate

Oct 22, 2019 - Economy - 0 Comments - Standard

 Mitch Roschelle, Partner and NY Metro Business Development Leader with PwC, joins America’s Commercial Real Estate Show to talk about the potential impact tariffs could have on our economy and the commercial real estate industry. In this episode, he quickly adjusts the conversation to talk about the economy, and potential effects of tariffs and […]

Video: CCIM Economist KC Conway on Tariffs, Commercial Real Estate, and the Cycle

Sep 18, 2019 - Economy - 0 Comments - Standard

 K.C. Conway, Chief Economist with CCIM and Director of the Alabama Center for Real Estate, appears on America’s Commercial Real Estate Show with host Michael to discuss his opinions and thoughts regarding tariffs, the economic cycle, and how they may or may not impact the commercial real estate market. He discusses the devastating effect the […]

Chart: USA’s Leading Economic Indicators Decline, but Remain Better than Others

Sep 04, 2019 - Economy - 0 Comments - Standard

Best house in a bad neighborhood. (via @CreditSuisse) — Carl Quintanilla (@carlquintanilla) September 3, 2019 As can be seen in the chart in this “best house in a bad neighborhood” tweet by Carl Quintanilla, the leading economic indicators for the United States have declined significantly, of late registering below 100. However, as indicated by […]

Chart: Another Perspective on the Inverted Yield Curve

Aug 22, 2019 - Economy - 0 Comments - Standard

1/3 St. Louis #Fed: Does the recent flattening of the #yieldcurve portend #recession? Not necessarily. The flattening of the real yield curve may simply reflect the fact real consumption growth is not expected to accelerate or decelerate from present growth rate of about 1% y/y — Don Curren (@dbcurren) August 20, 2019 This is […]

Chart: Near Half of Non-USA Corporate Investment Grade Bonds are Trading at Negative Yields

Aug 15, 2019 - Economy - 0 Comments - Standard

Excluding the US 45% of corporate investment grade bonds globally trade at negative rates! @DeutscheBank via @SoberLook — Adam Tooze (@adam_tooze) August 15, 2019 This most definitely goes under the heading of “different.” For commercial property investors considering cap rates, the heading might be “consider the alternative.”

Video: Highlights of Deloitte, NAR, and Situs RERC Produced Report, Expectations and Market Realities Outlook Report 2019 ~ Uncharted Territory, are Discussed by NAR’s George Ratiu

Mar 07, 2019 - Economy - 0 Comments - Standard

 George Ratiu, Director of Quantitative & Commercial Research with the National Association of REALTORS (NAR), joins the host of America’s Commercial Real Estate Show to discuss in some depth the annual Market Expectations and Realities Outlook Report for 2019 ~ Uncharted Territory, just published by NAR, Deloitte, and Situs RERC. They’ve elected to add “Uncharted […]

Video: Atlanta Federal Reserve Commercial Real Estate Expert Brian Bailey Discusses Cycle Timing

Feb 20, 2019 - Economy - 0 Comments - Standard

 Brian Bailey, Subject Matter Expert, Commercial Real Estate at the Atlanta Federal Reserve,  joins Michael Bull on America’s Commercial Real Estate Show to discuss his perspective on the commercial real estate market, including our current economic cycle and timing thereof. He talks about different commercial property sectors, increased construction of luxury multifamily in the face […]

Video: JLL Chief Economist Ryan Severino on 2019 Economy Now

Jan 29, 2019 - Economy - 0 Comments - Standard

 Chief Economist at JLL Ryan Severino appears on a commercial real estate related show to discuss the current status of the economy and related implications for commercial property investors. He notes that he does not expect a big slowdown, projecting 2% to 2.5% growth in the coming year. He thinks the fundamentals of the […]

Video: PwC Partner Mitch Roschelle Discusses 2019 for Commercial Real Estate Investors

Jan 22, 2019 - Economy - 0 Comments - Standard

PwC Partner & Business Development Leader Mitch Roschelle joins the host of America’s Commercial Real Estate Show in-studio to discuss his analysis of the real estate market in 2019. Among the topics discusses are the current economic climate, including how the United States is linked to developments in other economies around the world, supply and […]

Ordinary vs. Inflation Indexed Treasuries “TIPS” Spread Indicates Inflation Expectations Dipping

Jan 11, 2019 - Economy - 0 Comments - Standard

The difference in yield between that of Treasury Inflation Protection Securities, commonly referred to as TIPS, and the yield of ordinary U.S. Treasury securities with the same maturity dates is referred to as the  TIPS spread.  The chart above shows this spread for various maturites for the past 15 years. Ordinary U.S. Treasury securities don’t initially […]