by Bloomberg.com | Aug 23, 2023 | alerts, Markets/Economy
Newmark sees defaults mounting for overleveraged owners Offices account for biggest share of potentially troubled debt ABOUT $1.2 trillion of debt on US commercial real estate is “potentially troubled” because it’s highly leveraged and property values are falling,...
by Bloomberg.com | Aug 9, 2023 | alerts, Markets/Economy
July’s data left no doubt: China is now clearly dealing with a deflation threat. Consumer and producer prices fell together for the first time since 2020, adding to concerns about the health of the world’s second-largest economy. News that China’s prices...
by Bloomberg.com | Aug 4, 2023 | alerts, Markets/Economy
Everything selloff is mirror image of July’s everything rally Treasuries drop amid Fitch downgrade, government bond sales When skepticism shifts to euphoria as quickly as it has in 2023’s stock and bond markets, the comeuppance is apt to be swift. That was the tale of...
by Bloomberg.com | Jun 16, 2023 | alerts, Markets/Economy
The S&P 500 may have entered a technical bull market last week, but Bank of America Corp.’s Michael Hartnett says it’s not the start of a new major rally in equities. The strategist who correctly predicted the selloff in stocks last year said in a note Friday he’s...
by Bloomberg.com | Jun 6, 2023 | alerts, Markets/Economy
About 40% of US family office CIOs make at least that amount ‘They’re prepared to pay for the best’ in US, recruiter says It pays to be chief investment officer at a US family office. The private investment firms of ultra-wealthy Americans have the greatest number of...
