The debate about the current recovery centres on whether a secular change is taking place in the United States economy. If it is not, then we should all be optimistic because peak-to-trough declines in real GDP of 4 per cent are usually followed by gains of 6-8 per cent. READ MORE »
Posts in category Commercial Real Estate
Stocks rise on upbeat earnings, economic reports
Upbeat earnings from Deere & Co. and a better-than-expected housing report are sending stocks modestly higher in early trading. READ MORE »
Leading indicators rise 0.3 pct in January
A forecast of future economic activity rose for a 10th straight month in January, but the pace of growth is slowing. READ MORE »
Bernanke, retailers hold key for stocks
Wall Street could keep rallying after notching its best week this year if Federal Reserve Chairman Ben Bernanke gives a reassuring assessment of the recovery and retail earnings show improvement. READ MORE »
German business confidence drops in February
A closely watched survey Tuesday showed German business confidence dropped for the first time in 10 months in February, with the retail sector especially hurt by harsh winter weather. READ MORE »