Tag Archives: U.S. economy

Fed sending US into a ‘category 5 hurricane,’ Barry Sternlicht says

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Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. “Nobody wants to sell anything today,” he said. Continue reading →

What’s a ‘reset’ anyway? A veteran’s take on the Fed chair’s comments

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Interest rates and out-of-whack supply and demand have Federal Reserve Chair Jerome Powell calling for a market “reset.” Jay Thompson offers his take on what that means for the real estate industry. Continue reading →