ECONOMICS

Authored by Mike Maharrey via Money Metals,

I've been watching the commercial real estate (CRE) sector as a potential catalyst for the next financial crisis. So far, it has managed to hold together, but there is still trouble brewing under the surface.

The story of one commercial real estate investment by UBS Group is a microcosm of the commercial real estate market.

In 2006, an investment fund managed by a division of UBS bought the Sports Illustrated Building in (more…)

By Satish Jindel, president of ShipMatrix Inc., a consultancy, and founding member of RPS (now FedEx Ground) who has analyzed trends in the parcel and less-than-truckload sectors for 30 years. Via FreightWaves

For decades, FedEx and UPS essentially functioned as a duopoly in the U.S. parcel delivery market. With few challengers, they made lots of money.

FedEx and UPS face strong headwinds from Amazon, Walmart and other delivery companies as B2C delivery overtakes the B2B market they (more…)

After the shitshow of Soft Survey data on the Manufacturing sector last week, analysts are hoping for some heroics from the Services sector. Amid the collapse in 'hard' data, soft survey data remains the last great hope for saving Bidenomics (with all hopes on a big rebound in ISM from last month's plunge)…

• S&P Global US Services PMI dropped from 55.3 to 55.0 (below 56.0 expectations)

• ISM Services PMI surged back from 48.8 to 51.4 (510.0 exp (more…)