Here’s how overvalued the stock market really is
Valuations today are so stretched that it may not take much more straw to break the camel’s back.
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Household Goods Seller Diamond Home Signs 7K-SF Lease at 20 West 36th Street – Commercial Observer
A household goods importer and distributor has signed a new office lease in Midtown South, Commercial Observer has learned. Diamond Home signed a 7,272-square-foot deal for the entire fifth floor of the Rosen family’s 20 West 36th Street with a term of seven years and seven months in a relocation from 28 West 36th Street,…
Home-purchase deal cancellations hit nearly 3-year high in July
Atlanta recorded the highest cancellation rate among the 50 most populous US metros with sufficient data at 19.8% in July. Houston followed at 19.6%, ahead of San Antonio (18.7%), Las Vegas (18.6%), and Orlando (18.2%). Houston’s imbalance is particularly pronounced: the metro currently has 130% more sellers than buyers, one of the widest gaps in the…
Augustus raises $180M as it builds out a de novo bank
Key insight: An international clearing company building a de novo U.S. bank has raised $180 million from both VC firms and individual executives from several major international fintechs. What’s at stake: Augustus aims to provide international bank and fintech clients with direct access to U.S. dollar rails for clearing transactions, which could edge out intermediary…
‘I know what he wants to do,’ Trump says of Fed’s Warsh as president presses for rate cuts
New Federal Reserve Chair Kevin Warsh “wants to do the right thing” but is facing a Fed board that might oppose him, the president said.
Industrial sector shows renewed strength in the second quarter: Cushman & Wakefield
Industrial sector shows renewed strength in the second quarter: Cushman & Wakefield – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our…
Housing shortage caused by red tape, not lack of capital, says former FHA head
“Money doesn’t solve the problem. Supply is the problem,” he said. “There’s no shortage of investors looking to invest in housing. The biggest bottleneck isn’t the financing, it’s the government process. If it takes five years to approve a project, no amount of capital from Wall Street can fix that.” He said the fix requires…
