Jul 03 2012
In the spring I wrote about indications that interest rates might start trending up relatively soon. Given how low rates have dropped and how long they’ve stayed there, I think it’s useful to avoid complacency and to keep in mind that they’re bound to rise sometime.
Nov 01 2007
Despite the recent turmoil in US mortgage markets, real estate as an asset class continues to perform well on a global basis. And, not surprisingly, a great many investors – including many large pension plans, for example – have increased their real estate-based holdings...
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