ECONOMICS

One of the longest running traditions in modern finance is that every year, one Saturday morning in late February, the world's financial class – from refined professionals to rancid amateurs – sit down as they have for the past 66 or so years – for an hour and read the latest Berkshire annual letter written by Warren Buffett in which the man seen by many as the world's greatest investor writes down his reflections, observations, aphorisms and other thoughts for the past year, which (more…)

Authored by Jonathan Williams & Joshua Meyer via RealClearPolicy,

Americans tend to vote with their feet. Moving from one state to the next depends on which state offers them the best opportunity to thrive. Tax structures, regulations, and business climates – all handed down by their local elected officials – directly impact their decision-making process. After the US Census Bureau released its latest net domestic migration report last month, it’s become clear that elected (more…)

By Nate Selesline of RetailDive

As closures accelerate, service-based tenants are expected to lease more retail space in the coming year than goods-based tenants, a trend that JLL called “a historic shift in the retail property sector.”

Coresight Research also forecast that store closings may reach 15,000 this year, while openings will hold steady at about 5,800.

JLL said this shift has been underway for a decade, but is now accelerating. 

Service-based (more…)