CoStar Economy: Trade Deals Bring Relief, for Now

Plenty of Headwinds Still Pose Risk “By 2020, tariffs already imposed or announced would shrink global GDP by 0.8%. That is equivalent to the whole economy of Switzerland.” – New IMF Managing Director Kristalina Georgieva, as the IMF further cut its global...

CoStar Economy: Trade War Looms Over Fed Deliberations

“Economists are really good at saying we just had a recession. They are not so good at expecting a recession.” –NY Fed President John Williams The trade war left its bruises all over the latest data reports. The ISM Manufacturing Index, an index of business...

Powell Overshadowed by Further Escalation of Trade War Concerns

CoStar Analysis: Message That Fed Will Sustain Recovery Lost in Tweet Storm Markets were roiled by new tariffs imposed on U.S. goods announced by China, a much-anticipated speech from Federal Reserve Chairman Jerome Powell and President Trump’s reaction to both. The...

What to Make of Gyrating Markets and Global Trade Wars

CoStar Analysts Take Stock of Recent Headlines It appears that U.S. financial market is finally waking up to the reality of the intended and unintended consequences of the trade war. The main unintended result as been the uncertainty among businesses about future...