Many investors are considering portfolio diversification or entering new real estate sectors for the first time.
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Which segments are benefiting from changing consumer behaviors?
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Lawmakers agree upon long-awaited omnibus bill. After months of negotiations, Congress has reached a deal on a $900 billion relief package. The bill comes immediately before protections for workers were set to expire, including unemployment benefits and an eviction moratorium. As COVID-19 cases spike and several cities tighten business restrictions, the additional federal assistance aims to bridge the economy and individuals through the next few months…
Read MoreDwindling income and renewed closures push retail sales lower. The last of the supports from the CARES Act are winding down, including an extension of state-level unemployment benefits that will expire at the end of this year. Furthermore, several major cities have ordered businesses to temporarily shutter or reduce capacity. As a result, core retail sales declined 0.8 percent in November…
Read MoreHeightened health risks temper job growth. Employers added 245,000 personnel to payrolls in November, bringing the total number of jobs created since April to 12.3 million. Last month’s gain, while above the historical average, was nevertheless the smallest of the pandemic period…
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