The Traderszone Network

Published in TZ Latest News 6 April, 2017 by The TZ Newswire Staff

Sam Zell on why interest rates need a “shot clock”

Sam Zell is tired of waiting for Godot. Raise those damn interest rates already, he says. “The kinds of interest rates we’ve had are like basketball without a shot clock,” the billionaire chairman of Equity Group Investments said Thursday. “There’s no sense of urgency. There’s no penalty in deferring making a decision.” In a wide-ranging talk at the annual REIT symposium hosted by NYU Schack, Zell explained why he’s bullish on foreign investment but doesn’t […]

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