Commercial real estate’s COVID-19 woes can’t be patched up with more debt. That’s Lisa Pendergast, executive director of the CRE Finance Council, an industry group focused on the $ 4.6 trillion commercial real estate finance market, on the pile of problems confronting properties as a result of the coronavirus pandemic. …
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The coronavirus pandemic is “not even close to being over,” according to the head of the World Health Organization, and the worst is still to come, in what was a grim assessment of the state of affairs some six months after the first cases were reported in China. “Six months …
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The global case tally for the coronavirus illness COVID-19 climbed to 9.5 million on Thursday, a day after the U.S. recorded its highest one-day peak since late April and cases continued to climb in Brazil, Mexico and other countries, in the latest indication that the pandemic is far from contained. …
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Joe Biden saw his lead grow to 14 points over President Donald Trump in a recent presidential poll, and for the first time this year, Biden has better odds than Trump to win control of the White House according to Betfair, a sportsbook based in Europe. The betting odds and …
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Dr. Anthony Fauci on Tuesday called the coronavirus pandemic his “worst nightmare,” and warned that while he’s confident a vaccine will be developed, the outbreak is far from over. “ “In a period of four months, it has devastated the whole world. And it isn’t over yet.” ” — Dr. …
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More than 130 million stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $ 2.2 trillion CARES Act, but furloughed and laid-off workers say a maximum $ 1,200 payment is not nearly enough to see them through what could be an …
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Winter in Australia is fast-approaching. Arguably, the country’s cold season is one of the most anticipated winters in the world. It features not just the winter wonderland effect to its attractions, but also a great experience for many travellers and locals alike. Although an excitement to some, winter has its …
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“ ‘Absolute chaotic disaster’ ” Those are the words former President Barack Obama used to describe President Donald Trump’s response to the coronavirus pandemic, according to a leaked recording obtained by Yahoo News. “It would have been bad even with the best of governments,” Obama, while making a push for …
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The equities market seems to be positioned for the old adage “sell in May and go away” to come to fruition. That’s the finding of Nomura quantitative strategist Masanari Takada, who said a shakeout is coming as scheduled. Most of what are called commodity trading advisors are trend followers, and …
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