Weekly News & Capital Markets Perspective

This week’s perspective is provided by Tom Powers:

TTom-Powers_Optimizedhank goodness we do not have to hear any more about the fiscal cliff for a while ! (about 2 months).  I received a comprehensive summary of all aspects of the provisions of The American Taxpayer Relief Act of 2012 that I thought would be good to forward along.  Not the most exciting reading but it pretty much covers the entire gamut and is probably worth a quick perusal.

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Weekly News & Capital Markets Perspective

I recently read in the Wall Street Journal that the amount of debt owed by U.S. corporations as of the end of the third quarter is a staggering $8.4 trillion, up $136 billion from the second quarter and nearly half a trillion dollars more than a year earlier.  Due primarily to the QE3 policy that has kept borrowing rates low, most of this increased borrowing by corporations has come in the form of corporate bonds.  So where, you ask, is the money going?   Continue reading

Weekly News & Capital Markets Perspective

This week’s perspective is provided by Jim O’Connell:

Jim O'Connell

ONCE IN A LIFETIME OPPORTUNITY?

For all of you stable, low risk investment property guys this piece isn’t really something for you.  These thoughts are for those of you who have been waiting for the opportunity to buy all that commercial real estate, that has its fair share of risk, at prices that are falling into the “no brainer” category.

This week our team worked on three more properties that were offered and sold via the on-line auction process.  And although I don’t know if the vehicle really makes that much difference, the point is that distressed real estate is finally being transacted at increasing volumes.  And I’m not talking about the really broken stuff that needs to be torn down and forgotten, I’m talking about decent and even good product that has fallen into a crack somehow and needs to be sold for one reason or another to give it new life.   Continue reading

Weekly News & Capital Markets Perspective

This week’s perspective is provided by Tom Powers:

What I Read vs. What I Observe

Some of the highlighted articles this week take a critical look at Corporate Spending, Home mortgage interest deductions, yet another looming housing bubble, Commercial mortgage frothiness and GDP growth.  The views shared are definitely worth thinking about and how they may affect our economy, and thus our livelihoods going forward.  However, as realistic and understandable as the concerns outlined may be, I continue to see another side of the coin in my daily activities. Continue reading

Third-quarter GDP growth revised upward to 2.7%

WASHINGTON — The U.S. economy grew much faster in the third quarter than first estimated, but the latest government report laid bare the vulnerabilities for the recovery as politicians struggle to break the stalemate over government spending and tax policies. Continue reading

Mortgage-interest deduction could be on the table in ‘fiscal cliff’ debate

Of all the deductions woven into the sprawling U.S. tax code, few have been more fiercely guarded than the enormous tax break that lets homeowners deduct the interest they pay on their mortgages. Continue reading

Investment Falls Off a Cliff

U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery. 

Half of the nation’s 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures this year or next, according to a review by The Wall Street Journal of securities filings and conference calls. Continue reading