Office towers’ values are falling fastest in large, old-order urban centers such as New York City and San Francisco, Ann Walsh, Guggenheim Partners’ chief investment officer, told the FT.
Tag: markets
ECONOMIC UPDATE – MARKET OVERVIEW
It’s a global economic freak show. Add up the numbers. Take a trip to Argentina. With inflation running at over 100 percent and its peso down 23 percent against the U.S. dollar, Argentina’s central banksters raised its key interest rate yesterday by six percentage points to 97 percent.
GLOBAL DEBT AND THE HUMAN BUBBLE
“The world’s central banks are responsible for creating a “market” for their product, “currency backed by nothing,” by fostering a population boom and consumers who are dependent on their product.” —GM
GAP BETWEEN THE STOCK MARKET, REALITY AND EVERYTHING ELSE IS NEAR INSANITY
For YEARS we have been witnessing an ever-increasing gap between any kind of reality, the stock market, and just about everything else. It’s always the same story, which also without exception always ends the same way- very badly.
ECONOMIC UPDATE – MARKET OVERVIEW
The big news on The Street is that after yesterday’s collapse of First Republic Bank, the second largest bank failure in U.S. history which followed the third largest bank failure in U.S. history when Silicon Valley Bank went bust on 10 March—two days before the fourth largest bank failure in U.S. history when Signature Bank went under—is that Happy Days are Here again... and everything is just fine.
SOMETHING WILL GIVE: THE ENTIRE SYSTEM IS BREAKING
Yes, the current monumental disconnect between the world economy and global equity/stock markets is today-off the Richter Scale. But that is just the tip of the iceberg.
EXPECT AN INFLATIONARY DEPRESSION
Collectively world central banks have been working in concert for many decades to devalue their respective currencies-FASTER. Moreover, this process of devaluation is going to accelerate.
ECONOMIC UPDATE – MARKET OVERVIEW
In February we warned Trends Journal subscribers to prepare for “March Economic and Equity Market Madness.” We also provided proactive measures to consider taking.
CENTRAL BANKS MUST NOW HYPERINFLATE, AND YOU WILL PAY FOR IT
For those of you who may not know, I am going to let you in on a nasty secret. THE POWER OF ANY GIVEN CENTRAL BANK RESIDES IN ONLY ONE THING, AND ONE THING ONLY… ITS ABILITY TO INFLATE.
FINANCIAL SYSTEM: AND WE ALL FALL DOWN
Once again! The global financial system finds itself in crisis. Indeed, a new full-on worldwide financial system/banking crisis is upon us. (And it’s just getting started).