Tag Archives: hikes

Bloomberg Real Estate Investors Desperate to Spend $250 Billion Hoard (Bloomberg) — Investors with a record hoard of money to finance distressed commercial real estate are finding themselves in a tough spot: There’s nowhere to spend it.The massive wave of defaults expected after the coronavirus shuttered offices, hotels and stores last year has so far failed to materialize. Now, as the U.S. economy swings from pandemic lows to a vaccine- and stimulus-induced rebound, the window of… Source link

With a $1.9 trillion stimulus plan now under his belt, President Joe Biden and his administration are reportedly eyeing several tax hikes to pay for a significant new infrastructure bill and help coral the ballooning U.S. deficit. But getting tax hikes through even to support badly needed infrastructure investments will be a Herculean challenge, argues Stifel chief Washington policy strategist Brian Gardner. “The politics of a tax bill are likely to be more challenging than the politics of… Source link