As we shift into the holiday season, many of us aren’t as aware of all that’s been going on in the financial markets. It’s the nature of the season. We should be focusing on the cheer that comes with this merry season. But, the economy never sleeps and that’s probably for the best. We’ve gotten a lot of mixed signals from many economic indicators. We’ve also received some much needed good news about vaccines becoming available soon. But as I’ve stated in the past, the recovery cannot truly begin until people feel safe to go back to work, school, shop, and go about their lives in a somewhat normal fashion. And yes, there will be a so-called “new” normal, but it is my belief that with every disaster or challenge, lots of good can come out of it. Lots of great minds are currently at work and I have no doubt that things will get better, as long as we can identify and admit that there are problems that need fixing.
In this week’s episode, we’ll start off as we always do with an economic recap. I had the great pleasure to talk with Mr. John Boyd Jr. about the commercial real estate market and the impact Covid-19 has had on it. Finally, we end with the European View where we look at the European Union’s current budget hold out.
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