The Zweig Letter : 2010 Industry OutlookZweigWhite
The Zweig Letter Special Issue: 2010 AEC Industry Outlook.
Click on the below link to purchase this issue:
http://www.zweigwhite.com/trends/thezweigletter/index.asp
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Weekly Market Snapshot, October 23, 2009Jeff Green
The economic data remained mixed, but were consistent with a moderate economic recovery. The Fed’s Beige Book, the anecdotal summary of conditions from the 12 Federal Reserve districts, noted “stabilization or modest improvement in many sectors” since the previous report. Reports of gains continued to outnumber declines, “but virtually every reference to improvement was qualified as either small or scattered.”
The Zweig Letter : 2010 Industry OutlookZweigWhite
The Zweig Letter Special Issue: 2010 AEC Industry Outlook.
Click on the below link to purchase this issue:
http://www.zweigwhite.com/trends/thezweigletter/index.asp
Visit us at www.zweigwhite.com
Weekly Market Snapshot, October 23, 2009Jeff Green
The economic data remained mixed, but were consistent with a moderate economic recovery. The Fed’s Beige Book, the anecdotal summary of conditions from the 12 Federal Reserve districts, noted “stabilization or modest improvement in many sectors” since the previous report. Reports of gains continued to outnumber declines, “but virtually every reference to improvement was qualified as either small or scattered.”
The economic data were mixed, but, generally, on the strong side of expectations. Consumer confidence improved in August. It is still relatively weak by historical standards, but moving in the right direction. Evaluations of current job availability remained depressed, but were not quite as bad as in July. New home sales rose 9.6% in July, while figures for the three previous months were revised higher. Durable goods orders jumped 4.9% in July, reflecting a spike in civilian aircraft orders (a moderately positive trend otherwise).
Consumer perceptions of the UK financial services revealed, 1:5 bitter & hostilePhilip Brooks
Welcome to the first edition of the Harris Interactive financial services newsletter, Viewpoint.
This first edition explores:
- Current perceptions of the financial services industry
- The slump in confidence experienced by consumers
- Ways to restore faith in the industry
Sign up to future editions below:
http://www.harrisinteractive.com/europe/industries_financial_trends.asp
Weekly Market Snapshot, September 25, 2009Jeff Green
Recent economic data were mixed and somewhat disappointing, but still consistent with a gradual economic recovery. In August, the Index of Leading Economic Indicators rose for a fifth consecutive month. Existing home sales slipped 2.7% in August, following a 15.2% rise over the four previous months. New home sales rose in August, but less than expected.
Weekly Market Snapshot, September 18, 2009Jeff Green
The economic data remained consistent with the view that the recession has likely ended. Retail sales for August were boosted considerably by the “Cash for Clunkers” program. Ex-autos, sales rose more than anticipated. Industrial production, an important coincident economic indicator, improved in August for a second monthly gain. Residential construction figures were mixed in August, with a slight weakening in single-family activity (but the trend is higher). Inflation figures reflected higher energy prices – amplified by the seasonal adjustment – but core inflation remained mild.
Is there a fate worse than debt? If there is, it seems to be not dealing with the debt. When there is too much leverage in the system, there is always a risk that things go wrong quickly and unexpectedly. Ken Rogoff and Carmen Reinhart have an op-ed piece on Bloomberg today about the debt overhang and its implications for economic growth. They are among the few commentators who have been consistently correct about the path of the financial crisis, probably because they are among the few who have studied the actual data.
Præsentationen blev hold ved InfinIT-arrangementet "Hands-on workshop om Interaktive Materialer", der blev afholdt den 22. maj 2014. Læs mere om arrangementet her: http://infinit.dk/dk/hvad_kan_vi_goere_for_dig/viden/reportager/hands-on_workshop_om_interaktive_materialer.htm
The economic data were mixed, but, generally, on the strong side of expectations. Consumer confidence improved in August. It is still relatively weak by historical standards, but moving in the right direction. Evaluations of current job availability remained depressed, but were not quite as bad as in July. New home sales rose 9.6% in July, while figures for the three previous months were revised higher. Durable goods orders jumped 4.9% in July, reflecting a spike in civilian aircraft orders (a moderately positive trend otherwise).
Consumer perceptions of the UK financial services revealed, 1:5 bitter & hostilePhilip Brooks
Welcome to the first edition of the Harris Interactive financial services newsletter, Viewpoint.
This first edition explores:
- Current perceptions of the financial services industry
- The slump in confidence experienced by consumers
- Ways to restore faith in the industry
Sign up to future editions below:
http://www.harrisinteractive.com/europe/industries_financial_trends.asp
Weekly Market Snapshot, September 25, 2009Jeff Green
Recent economic data were mixed and somewhat disappointing, but still consistent with a gradual economic recovery. In August, the Index of Leading Economic Indicators rose for a fifth consecutive month. Existing home sales slipped 2.7% in August, following a 15.2% rise over the four previous months. New home sales rose in August, but less than expected.
Weekly Market Snapshot, September 18, 2009Jeff Green
The economic data remained consistent with the view that the recession has likely ended. Retail sales for August were boosted considerably by the “Cash for Clunkers” program. Ex-autos, sales rose more than anticipated. Industrial production, an important coincident economic indicator, improved in August for a second monthly gain. Residential construction figures were mixed in August, with a slight weakening in single-family activity (but the trend is higher). Inflation figures reflected higher energy prices – amplified by the seasonal adjustment – but core inflation remained mild.
Is there a fate worse than debt? If there is, it seems to be not dealing with the debt. When there is too much leverage in the system, there is always a risk that things go wrong quickly and unexpectedly. Ken Rogoff and Carmen Reinhart have an op-ed piece on Bloomberg today about the debt overhang and its implications for economic growth. They are among the few commentators who have been consistently correct about the path of the financial crisis, probably because they are among the few who have studied the actual data.
Præsentationen blev hold ved InfinIT-arrangementet "Hands-on workshop om Interaktive Materialer", der blev afholdt den 22. maj 2014. Læs mere om arrangementet her: http://infinit.dk/dk/hvad_kan_vi_goere_for_dig/viden/reportager/hands-on_workshop_om_interaktive_materialer.htm
Nearly half of the City’s property is
tax exempt – 49.5 percent, compared to 32.0 percent for
the median city. This is due to the presence of Syracuse
University and other colleges, as well as hospitals and
government buildings. Meanwhile, eight percent of the
properties are tax delinquent.3 These factors limit the ability
of the City to fully collect property taxes, and force it to be
more dependent on other revenue sources.
HCLT Whitepaper: Insurance~ The market will contract not collapseHCL Technologies
The insurance market will surely contract, but it will not collapse. Consumers and companies will still require risk management - albeit, the number of buyers are fewer. Some of the now marginal mid-tier and small carriers may be acquired, or simply fail. Prices will flatten, and rate increases will be needed to raise capital, but the size will be restrained by the contracting economy. However, most insurance industry leaders think that we will be in that contraction through the first half of 2010. With that return to expansion, the industry will still be confronted with the challenges/ opportunities discussed in my last two missives - expanded demand for more sophisticated products and
the need for time-to-market agility while managing losses and expenses.
“Ironically, if central bank ‘financial repression’ continues to work and increases
economic growth, we will likely see markedly higher bond yields by year-end
following intervention by the Fed to rein in stimulus as unemployment falls.“
Commercial real estate section from Beacon Economics\’ San Diego conference on May 21st, 2010. Commercial real estate section written by Patrick Duffy of MetroIntelligence Real Estate Advisors.
FHO Partners Mid Year 2009 Market Report provides an overview of the office, laboratory and R&D markets in Greater Boston, how they have performed year-to-date and what you can expect for the rest of 2009.
The report addresses U.S. household debt and it's impact on discretioniary spending in the U.S. gaming industry. It also provides a regional analysis of Household debt and personal income levels.
2. CB RICHARD ELLIS :: MIAMI-DADE
Elizabeth Santos | Office Specialist | 305.779.3133 | elizabeth.santos@cbre.com
August 2010
Are we there yet?
I am frequently asked “do you think the increasing staff and other overhead. a commercial real estate broker – it costs you
recovery has begun?” My answer is not the nothing. Use a broker that focuses on office
one many want to hear. My gut is telling Why does this matter in your office decision? space and particularly in your area. Com-
me that we are at the bottom of the reces- Because business leaders are not making bold mercial office landlords crush residential and
sion. However, the bottom is going to be decisions. When faced with either relocating industrial brokers because they do not have
long and bumpy. I compare the bottom of or renewing, the vast majority is opting for the the expertise specific to office leases. Even
this recession to a dirt road – it’s bumpy with safe decision – renew. Even if the renewal I use experts. Last year my client needed
occasional potholes. This means that typically costs more or the space is slightly too large, a 60,000 sf warehouse. I brought in an
the road is flat, but then you hit some upward a renewal can be more easily justified than industrial broker to team with me because
bumps or you dip into a pothole. the expense and headache of a relocation. even though I was very familiar with both
Landlords realize this as well. Building owners the landlord and his leasing agent, my client
My theory comes from my conversations with are becoming extremely frustrated as they see deserved the best team possible. By bringing
the numerous business and community lead- quality tenants tour the market and then use on an industrial broker to team with me, the
ers I meet and confirmed by the information them as leverage in negotiations with their ex- landlord and leasing agent realized our client
provided by my Global Research group. I isting landlord. It means your landlord knows was getting the best advice and market data
have spoken to several companies that are it has an edge over its competitors. Having available. As a result, our transaction lowered
hiring, but from our discussions I find that said that, it is still a tenant’s market and land- the bottom on rental rates for the Airport West
these jobs are just pent-up demand and not lords are struggling to preserve income stream industrial market.
due to a strong increase in business. Fortu- during this downturn. No one wants to lose a
nately I am not seeing the fear I observed dur- single tenant, however, some fight harder than Call me for a free lease analysis and strategy
ing 2009. Even though business leaders are others. session. Meeting new people and learning
cautious this year, their panic has subsided. about their business is one of my favorite parts
The consensus is that productivity and rev- If your lease is a year from expiration, level of my profession.
enues must increase and stay elevated prior to the playing field with your landlord and utilize
The Oracle Agrees With Me
The Huffington Post and Yahoo! interviewed Warren Buffet recently. He described this recession as a “particularly tough” recession because it was
the “biggest bubble” he had ever seen and its effect “reverberates throughout the economy”. Mr. Buffet explained that “the American economy
almost sputtered to a stop in September 2008” and people became afraid. “People get scared in crowds. Their confidence comes back one at a
time.”
He says the stimulus is working and the economy will improve in the next 2-3 years. "We're hiring," he adds referring to many of his Berkshire
Hathaway companies, another sign that the recovery is on track. Mr. Buffet disagrees with Nobel Prize winning economist Paul Krugman’s predic-
tion of the economy “in the early stages of a third depression.”
In the interview, Mr. Buffett says "we're on the right course" and encourages President Obama to speak with "enormous confidence" about the coun-
try's economic future. As for the deficit, he believes that it is not a sustainable course to have the deficit equal to 10% of the GDP but believed it
,
was necessary to stimulate the economy.
He believes that the two most important items in the financial reform legislation should be changing the incentives for the CEO’s and Boards of the
“really big financial institutions” and “reducing leverage where it exists in extreme amounts”.
The best slides to watch are #1, #2, #8 and #10. See the interview at:
http://www.huffingtonpost.com/2010/07/08/warren-buffet-on-the-econ_n_639165.html#s111449
Personal Note
I recently celebrated my birthday and it was a wonderful day because my friends and family all remembered it. It reminds me of
a beautiful quote by Henry David Thoreau. “The most I can do for my friend is simply to be his friend. I have no wealth to bestow
upon him. If he knows that I am happy in loving him, he will want no other reward. Is not friendship divine in this?” I agree – the
phone calls were the best gifts. J