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In the wake of the last five weeks' irrational exuberance its time to get real again. Via the Zack's investment blog, real estate giant Cushman & Wakefield reports office vacancies continue to rise around the country (out of 31 markets tracked, only one, Dallas, saw reduced vacancy). FT's Alphaville blog points out that CDS spreads for U.S. banks markedly widened on Tuesday, underscoring investor anxiety.OfficeVacancyRate posts
FeedDoomsday Scenario: Empty offices, scary banks, collapsing credit cards
In the wake of the last five weeks' irrational exuberance its time to get real again. Via the Zack's investment blog, real estate giant Cushman & Wakefield reports office vacancies continue to rise around the country (out of 31 markets tracked, only one, Dallas, saw reduced vacancy). FT's Alphaville blog points out that CDS spreads for U.S. banks markedly widened on Tuesday, underscoring investor anxiety.Continue reading Doomsday Scenario: Empty offices, scary banks, collapsing credit cards
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