The Sy Hersh effect: killing the messenger, ignoring the message

K-Shaped Economy Bites Back: Retail CRE Transactions For Shops, Malls Plunge February U.S. commercial real estate transaction activity appeared soft on the surface, but Goldman analysts believe the weak initial print will likely be revised meaningfully higher. The most notable area of weakness in last month’s transaction data was across the retail space, which is not especially surprising as the K-shaped economy continues to pressure lower-income consumers. Goldman real estate analyst Julien Blouin wrote Wednesday that the initial February reading on CRE transaction volumes showed a 13% year-over-year decline. He noted...

LIS Technologies Initiates Engagement With NRC LIS Technologies (LIST) initiated its first engagement with the Nuclear Regulatory Commission (NRC) in preparation for starting up the company's laser uranium enrichment technology facilities.  LIST submitted a Standard Practice Procedures Plan for the company's smaller-scale demonstration facility in Oak Ridge, Tennessee. This is part of a process for obtaining approval from the NRC to start handling classified information related to nuclear technology. It's a relatively minor step, but important in the context of finally engaging the regulator. The company is currently pursuing novel uranium enrichment technology...