8 March, 2015 by The TZ Newswire Staff Comments Off on Blackstone Buys America’s Most Iconic Skyscraper With Rent Collected As "America’s Landlord"
Blackstone Buys America’s Most Iconic Skyscraper With Rent Collected As "America’s Landlord"
As we’ve noted previously, the post-crisis, Fed-subsidized rush to acquire distressed real estate resulted in none other than Blackstone becoming the US’s largest landlord. The giant PE firm — which borrowed $3.6 billion in seed money from Deutsche Bank to get its real estate empire up and running — accumulated a portfolio of some 50,000 single family homes after spending billions buying foreclosures at bank auctions.
8 March, 2015 by The TZ Newswire Staff Comments Off on Dollar basks in payrolls afterglow, Greece back in hot seat
Dollar basks in payrolls afterglow, Greece back in hot seat
The dollar drifted to a fresh 11-year high, remaining in favor as markets wagered the Fed might lift interest rates sooner rather than later.
8 March, 2015 by The TZ Newswire Staff Comments Off on 5 Overlooked Tax Deductions for Families
5 Overlooked Tax Deductions for Families
8 March, 2015 by The TZ Newswire Staff Comments Off on Welcome To The Dark Side: GDP & The Non-Observed Economy
Welcome To The Dark Side: GDP & The Non-Observed Economy
Submitted by Silvia Merler and Pia Huttl via Bruegel.org,
Back in 2009, the United Nations Statistical Commission endorsed a revision to the System of National Accounts (SNA), which sets the international standards for the compilation of national accounts. As a consequence, Eurostat has amended the European equivalent of the SNA, the European System of Accounts (ESA) leading to a revision of GDP figures.
8 March, 2015 by The TZ Newswire Staff Comments Off on Causation Or Correlation? How The Fed Killed All The Bears
Causation Or Correlation? How The Fed Killed All The Bears
8 March, 2015 by The TZ Newswire Staff Comments Off on The Fed might knock these Asian currencies
The Fed might knock these Asian currencies
The U.S. dollar looks set to continue its reign and some of Asia’s emerging market currencies are more at risk than others, analysts say.
8 March, 2015 by The TZ Newswire Staff Comments Off on Surge in China’s exports isn’t sustainable: Pro
Surge in China’s exports isn’t sustainable: Pro
Julian Evans-Pritchard, China economist at Capital Economics, attributes the jump in China’s export figures for the months of January and February to seasonality factors.