http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[id]=GS10&s[range]=5yrsGS10 (See slides 83 & 87) - Updated: 9/7/11 (Mo)
The Economic Outlook for Real Estate Investors and Decision Makers
The Economic Outlook <br />
The Economic Outlook for Real Estate Investors and Decision Makers<br />Dr. Mark G. Dotzour<br />Chief Economist<br />Real Estate Center at Texas A&M<br />College Station, Texas<br />email@example.com<br />
Topics for Today<br />The outlook for job growth and the economy<br />The investment environment<br />
Consumer Confidence Index<br />Source: The Conference Board<br />
Consumers Paying Down Debtfor First Time in 50 Years<br />
International Capital Flows<br />1983 to 1986 U.S. Commercial RE<br />1987 to 1989 Japanese Stocks<br />1992 to 1997 Asian Tigers<br />1997 to 2000 U.S. Stocks<br />2004 to 2007 U.S. Commercial RE<br />2007 to 2010 BRIC Countries and Commodities<br />2010 to 2011 U.S. Treasuries, Gold, Swiss Franc U.S. Trophy CRE<br />Next stop U.S. stocks ?<br />Next stop U.S. real estate?<br />
Key Issues for 2012<br /><ul><li>When will the housing market clear?
When will the commercial real estate market clear?
Who is right? The gold buyer at $1800 per ounce or the 10-year treasury bond buyer at 1.75%.
It appears that major business and investment decisions will be postponed until after the 2012 election.