08-15-2018

Why hasn’t rental growth climbed higher during this economic expansion?

08-03-2018

U.S. employment rose by 157,000 jobs in July—short of both the consensus expectation for 190,000 and the past year's average monthly gain of 203,000. Excluding losses from the Toys R Us bankruptcy, the figure was very close to target. Unemployment fell slightly to 3.9%, while labor force participation went unchanged at 62.9%. Average hourly earnings rose by 7 cents month-over-month, and wages were up 2.7% year-over-year. Substantial revisions to May and June jobs numbers resulted in a net gain of 59,000 jobs. The past year has seen employment grow by nearly 2.4 million jobs...

08-02-2018

Many critics claim that China’s property market is entering choppy waters, given escalating trade conflict with the U.S., domestic developers' mounting debt, and unprecedented deleveraging. The reality is more nuanced; while some sectors may endure short-term discomfort, the resilient market is likely to emerge unscathed from the current turbulence. Recent government measures, such as those opening the financial sector to qualified foreign investors and relaxing some FDI restrictions, are likely to offset much of any negative impact...