/u/marketrent's posts in /r/Economics
This 23-floor Manhattan office building just sold at a 97.5% discount — a sign of how much the pandemic upended the market for office buildings in New York City
1486 upvotes
Mark as read: Add to a list
441 upvotes
Mark as read: Add to a list
Global markets are reeling, but economists say: Don’t panic yet — Monday’s slide might reflect overvalued stocks more than worries about fundamentals
153 upvotes
Mark as read: Add to a list
Australians told to monetize the family home to fund retirement — Policy needs to recommend people use home equity: Actuaries Institute
108 upvotes
Mark as read: Add to a list
Japan’s new foreign exchange chief says weak yen has done more harm than good for economy — flags impact of rising energy, food prices on consumers and importers among the drawbacks of feeble yen
37 upvotes
Mark as read: Add to a list
Global market rout has more to do with end of cheap funding — “A number of macro funds have been caught the wrong way around on a trade, and stops have been triggered, initially starting with FX and the Japanese yen”: BlueBay
35 upvotes
Mark as read: Add to a list
Global stock sell-off deepens as traders bet on rate cuts — “The parts of the economy that are interest rate-sensitive are suffering — small businesses, the lowest tiers of consumers”: BlackRock investment officer
32 upvotes
Mark as read: Add to a list
“I am not concerned that, at this moment, we are in a recession — no one should be in panic mode today, though it appears some might be”: Claudia Sahm
28 upvotes
Mark as read: Add to a list
Australia: Markets don’t believe the central bank’s warning on rates — “I don’t believe for one second they seriously considered a hike. They would blow the economy sky-high if they hiked, and they know it.”
25 upvotes
Mark as read: Add to a list