Jason Arday and the DEI System that Just Won't Die

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...

More Defense Spending, More Climate Redistribution: The EU Spins A $2.2 Trillion Wealth Transfer Machine Submitted By Thomas Kolbe Negotiations over the European Commission's next seven-year budget are entering their decisive phase. Should Ursula von der Leyen and her allies succeed with their plans, Germany will once again shoulder a substantial financial burden. By now, however, Germans have become accustomed to that reality. Across the world, public debt levels are approaching dangerous flood marks. The global economy is effectively drowning in debt, with total public liabilities now exceeding 95% of global GDP....