Monday 4 February 2019

Crash course: How an opaque economic outlook is changing NYC real estate — and how it isn’t

U.S. stocks took a beating toward the end of 2018. After reaching an all-time high of more than 26,800 in early October, the Dow Jones Industrial Average fell more than 5,000 points by Christmas. Add to that market miasma a perpetually deadlocked federal government, interest-rate hikes and an escalating trade war, and the economic outlook for 2019 looks cloudier than ever while predictions about a coming recession percolate. Although the Dow recovered somewhat in January, […]



source https://therealdeal.com/issues_articles/new-york-real-estate-economic-outlook-2019/#new_tab

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