Real Estate Physical Market Cycle Analysis – 5 Property Types – 54 Metropolitan Statistical Areas (MSAs). It appears mid-term elections should not substantially change the pro-growth policies being pursued by the current administration, thus moderate economic growth should continue for the next few years. While US GDP growth has trended above the 2% average experienced […]
It is the fate of successful party managers to be liked by no one, but to be indispensable to all. On the 28 November, Nancy Pelosi won the House Democrats’ nomination for the next Speaker of the House. Her majority, 203 votes to 32, shows how she has managed to stay on top in her […]
Donald Trump likes to shoot from the hip. It has helped him consolidate domestic support, bring North Korea’s Kim Jong Un to the negotiating table, and has led America’s main strategic rival – China – to reassess how it engages with Washington. When it comes to fragile international treaties, however, Trump’s unpredictability is dangerous. His […]
The latest US jobs report showed that the American economy gained 157,000 jobs in July, and the unemployment rate inched down to 3.9 per cent. Meanwhile, the quarterly economic reportshowed the economy growing at 4.1 per cent, the highest quarterly growth rate since 2014. However, the labour force participation rate (the share of working-age people who […]
One of the wonderful perks of being an academic is that most of us have the summers “off”. They are not really off, as many of us work hard on our research or take students on summer tours to study real estate… but that is often in a fun and exotic place. I have been […]
The retirement of Justice Anthony Kennedy from the Supreme Court, and the imminent nomination of his replacement by Donald Trump, confirm that the United States has entered a new era. Or rather, it has left an old one. We might or might not be seeing the birth of an institutionalised, twenty-first century populism; we’ll have […]
2018 has registered a very healthy start with strong global GDP growth and historically low G7 unemployment rate. The global economy is poised to record the fastest growth (3.1%) in seven years, driven by the turbo charged U.S. economy and continued strength in emerging Asia. Occupier demand is robust due to rising consumer confidence and […]
Tom Wolfe didn’t just provide us with enjoyable books to read, noble accomplishment as that is. He helped us understand the world. Wolfe’s insights made explicable the flaws in our fellow man which were hitherto puzzling. Most particularly he set us wise to the array of vanities and hypocrisies of that tribe loosely described as […]
There we have it. The date and time for Donald Trump’s meeting with the Kim Jong-un are set. It was announced when Trump’s newly appointed secretary of state, Mike Pompeo, returned from Pyongyang with three Americans who had been imprisoned in North Korea. The summit – an outbreak of diplomacy after the two countries traded […]
For all Boris Johnson’s best efforts to persuade him otherwise, President Trump seems likely to pull the United States out of the 2015 Iranian nuclear agreement, formally known as the Joint Comprehensive Plan of Action (JCPOA). This weekend Rudy Giuliani symbolically ripped up a copy of the JCPOA when speaking to a conference of the […]
