Category: Economy

Video: NAR Senior Economist Gay Cororota Discusses Their Economic Outlook 2022

May 17, 2022 - Economy - 0 Comments - Standard

In this 25 minute videos, NAR Senior Economist Gay Cororotan shares their outlook. This discussion includes the impact of inflation, rising interest rates, the infrastructure bill, and the Russian invasion of Ukraine (and knock-on effects). Gay notes that the recent inflation number of 8.5% is the highest in 40 years. The discussion moves on to […]

Chart: The Stunning Pandemic Driven Plunge in the Labor Participation Rate

Mar 15, 2022 - Economy - 0 Comments - Standard

With news of Starbucks unionizing and personal experiences we have all had with unavailability of workers, this chart should come as no surprise. Nonetheless, it is a stunning thing to see it visually in a chart like the one above. The peak just before the plunge was 63.5%. Two months later, it bottomed out at […]

Chart: Inflation Watch 2021 Intra-Quarter Update; Inflation Expectations Climbing

Mar 10, 2022 - Economy - 0 Comments - Standard

The 5-year TIPS spread, after almost calmly sitting a bit elevated over pre-pandemic levels in late 2021, has now spiked of a sudden spiked to the highest level in a number of years and to a level about 70% higher than where it was generally hovering pre-pandemic. There has been much talk in the financial […]

Chart: Inflation Watch 2021 Intra-Quarter Update; Inflation Expectations Climbing

Oct 26, 2021 - Economy - 0 Comments - Standard

The 5-year TIPS spread, after almost calmly sitting a bit elevated over pre-pandemic levels, of a sudden spiked from its prior month close of 2.51% to 2.95% on October 25th. There has been much talk in the financial press of inflation pressures, but except for an initial move to the 2.5% range this has not […]

Video: Atlanta Fed’s Brian Bailey Presents View on Commercial Real Estate 2021

Oct 19, 2021 - Economy - 0 Comments - Standard

Brian Bailey, Real Estate Subject Matter Expert at the Federal Reserve Bank of Atlanta, shares his view on the commercial real estate market, including retail and office properties, supply chain issues, inflation expectations and the jobs outlook. He talks about the effects of vaccination rates on manufacturing and issues with people not being yet able […]

Chart – Inflation Watch 2021 Q3: Inflation Expectations Holding Though Elevated

Oct 01, 2021 - Economy - 0 Comments - Standard

The 5-year TIPS spread continues to steadily hover around the 2.5% range, closing at 2.51% on September 30th, nearly exactly the same as the prior quarter close of 2.46%. If one considers the pre-pandemic level to be 1.75%, then the TIPS spread, and thus inflation expectations, continue to be about 75 basis points higher than […]

Video: NAREIT’s Midyear Outlook; Robust Recovery, Growth

Aug 26, 2021 - Economy, Trends - 0 Comments - Standard

Economist Calvin Schnure from the National Association of REITs, more commonly referred to as NAREIT, appears on America’s Commercial Real Estate Show with its Michael Bull to share an update on REITs (real estate investment trusts) and how the economy, trends in work from home, and the recovery will impact the interest rate environment, various […]

Chart – Inflation Watch May 2021: Rise in Inflation Expectations Pauses at Elevated Levels; 5-Year TIPS Spread Indicating 2.57%

Jun 15, 2021 - Economy - 0 Comments - Standard

Above is the chart for the 5-Year breakeven inflation rate, commonly referred to as the TIPS spread, for the five years ending May 31, 2021.A calculation of the difference in the yields, i.e. the spread, between United States Treasury bonds and Treasury Inflation-Protected Securities (TIPS) of the same maturity, this spread is a useful and […]

Inflation Watch April 2021: 5-Year TIPS Spread Levels Out, Indicating 2.5% Inflation Expectations, as 10-Year Continues Climb

May 10, 2021 - Economy - 0 Comments - Standard

Above are charts for the 5-Year and 10-Year breakeven inflation rate, commonly referred to as the TIPS spread, for the five years ending April 30, 2021. This is a calculation of the difference in the yields, i.e. the spread, between United States Treasury bonds and Treasury Inflation-Protected Securities (TIPS) of the same maturity. It is […]

Chart: TIPS Spread Indicating Highest Inflation Expectations in 13 Years

Apr 06, 2021 - Economy, Financing - 0 Comments - Standard

The TIPS spread is the difference in the yields between United States Treasury bonds and Treasury Inflation-Protected Securities (TIPS). It is a useful and oft-quoted measure of expectations for (CPI) inflation in the financial markets. The spread indicates expected inflation. Real money is buying these bonds. TIPS pay interest every six months, based on a […]

Video: Stephen Ross Discusses COVID CRE Effects ~ CNBC Power Lunch

Oct 29, 2020 - Economy - 0 Comments - Standard

Stephen Ross, the chairman and majority owner of The Related Companies, a global real estate development firm he founded in 1972 that has been and continues to be very active in Miami, and owner of the Miami Dolphins, discusses reopening and the state of commercial real estate projects like Hudson Yards in New York in […]