06.24.2016
British Surprise with EU Exit — Uncertainty Poses Headwind; Falling Interest Rates a Silver Lining for Commercial Real Estate
Contrary to polls and predictions, citizens of the United Kingdom voted to leave the European Union, creating uncertainty that induced a sharp decline in global equity markets. The British currency fell dramatically, boosting the value of the U.S. dollar, and the quick re-deployment of capital to safer assets pushed U.S. Treasury rates to their lowest levels since 2012. Despite the short-term volatility resulting from this unanticipated outcome of the British vote, the risk to the U.S. economy risk should be limited... Download the Speceial Research Brief below for more information.
President Trump’s Tax Proposal Summary
Walgreens to Buy Half of Rite Aid on USA Today
