Goldman's Global Affairs Chief Warns Of Middle East Spillover Threats

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...

Israel Expects Iran War To Continue At Least Into April, Lebanon Conflict Longer The White House has struggled to present the American public and the world with a clear timeline or precise strategy on Operation Epic Fury, but Israel has seemed clearer on signaling it is settling in for a longer war. Israel is bracing for its war with Iran to stretch well into April, even as officials quietly concede the government in Tehran is unlikely to collapse, according to Israeli media. Damage from the June war which lasted 12 days, in...