Housing market too strong for more Fed cuts

President Trump has tweeted that the “boneheads” at the Federal Reserve should lower interest rates to “zero” or “less,” but Federal Reserve Chairman Jerome Powell took a more moderate approach. Continue reading

Central banks scramble to ward off fears of a recession

Every thought in President Trump’s tweets is mistaken, which markets and businesses understand. They also understand that these tweets have no effect on Fed decisions. However, the erroneous content is worrisome because he does directly control trade a… Continue reading

Fed conference draws harsh reaction from Trump and China

After Federal Reserve Chair Jerome H. Powell’s long-awaited speech early Friday morning, which was calming to markets, President Trump and China unleashed their fury — one on Twitter, the other in the form of new tariffs on the U.S. Continue reading

Chinese real estate giant Juwai strikes deals with North American firms

Juwai.com, a massive real estate portal that is a kind of Zillow-for-China, has struck up a series of partnerships to market properties from high-profile North American companies. Continue reading

Yield curve inversion fears are overblown

Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. Continue reading

International buyers are spending a lot less in the U.S.

A slowing global economy and a shortage of available U.S. homes contributed to a slowdown in purchases from foreign buyers, according to a new NAR report. Continue reading

Long and Foster reap benefits of early investment in Asian market

This month, Chinese property website Juwai.com awarded the East Coast brokerage Long and Foster its “Best U.S. Real Estate Company” award. Continue reading

Sotheby’s International Realty expands in China with new office

Sotheby’s International Realty is working to expand its footprint in China with the addition of a new affiliate in the nation’s largest city, Shanghai. Continue reading