Author: Richard Gatto

Author:
Richard Gatto
Posted:
02.19.2014

CMBS Poised for a Comeback According to Recent Data

CMBS was a $230 billion industry prior to the recession. Today, we live in an era of lowered expectations where every victory needs celebrating as we get back into gear. Take Chicago, where lenders originated and sold off $2.48 billion in loans on Chicago-area properties last year, more than double the $1.20 billion in 2012, according […]

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Author:
Richard Gatto
Posted:
08.06.2013

The US Defies the Rating Agencies as the Economy Thrives

Despite rating agencies like the S&P cutting the US credit rating from AAA to AA+, the country’s economy is outpacing the 12 nations that currently have the highest rating. Take a look at the indicators – the dollar is at its strongest since 2008, its GDP is growing faster than developed countries, and its deficit […]

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Author:
Richard Gatto
Posted:
05.06.2013

Home Prices Spike, But Is This the Real Deal?

Economists tell us that the reason the US is doing better than Europe is because of two things: our equity markets and our housing sector.  And now comes the news that housing is posting its best home prices since 2006.  The widely followed Case-Shiller indexes showed the home prices of single-family homes across 20 of […]

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Author:
Richard Gatto
Posted:

Home Prices Spike But Is It Real?

Economists tell us that the reason the US is doing better than Europe is because of two things: our equity markets and our housing sector.  And now comes the news that housing is posting its best numbers since 2006.  The widely followed Case-Shiller indexes showed the price of single-family homes across 20 of the most […]

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Author:
Richard Gatto
Posted:
04.22.2013

The IMF is Saying Less Austerity, More Spending

For those who have stressed the need for austerity and deficit reduction, who think that fiscal cliffs and sequestration are a good corrective to reckless spending, it may be helpful to consider what the IMF is saying. Lowering the outlook for U.S. growth to 1.9% from 2%, IMF Economic Counselor Olivier Blanchard called the U.S. […]

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Author:
Richard Gatto
Posted:

IMF Says Less Austerity, More Spending

For those who have stressed the need for austerity and deficit reduction, who think that fiscal cliffs and sequestration are a good corrective to reckless spending, it may be helpful to consider what the IMF is saying. Lowering the outlook for U.S. growth to 1.9% from 2%, IMF Economic Counselor Olivier Blanchard called the U.S. […]

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Author:
Richard Gatto
Posted:
09.10.2012

Want to Feel Better About the US Economy? Take a Look at the Rest of the World

There is no doubt that the US economy needs to get its mojo back: in the 2nd quarter its GDP grew at an annualized rate of 1.7 percent, according to revised figures published on August 29th.  That growth number is down from two percent in the 1st quarter and 4.1 percent in late 2011. But, […]

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Author:
Richard Gatto
Posted:

Want to Feel Better About the Economy? Take a Look at the Rest of the World

There is no doubt that America needs to get its economic mojo back: in the 2nd quarter its GDP grew at an annualized rate of 1.7 percent, according to revised figures published on August 29th.  That growth number is down from two percent in the 1st quarter and 4.1 percent in late 2011. But, anyone […]

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Author:
Richard Gatto
Posted:
07.23.2012

The New Nostradamus: The IMF, the US and the Fiscal Cliffhanger

The French soothsayer, Michel de Nostredame or Nostradamus, became something of a celebrity starting in the 1550s because of his prophecies in all he made 6,338 predictions in a series of almanacs — everything from plagues to invasions to the end of the world. People still raise his name today when they speak about impending […]

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Author:
Richard Gatto
Posted:

The New Nostradamus: The IMF, the US and the Fiscal Cliffhanger

The French soothsayer, Michel de Nostredame or Nostradamus, became something of a celebrity starting in the 1550s because of his prophecies in all he made 6,338 predictions in a series of almanacs — everything from plagues to invasions to the end of the world. People still raise his name today when they speak about impending […]

Read More ›

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