"The Moody’s/REAL All Property Type Aggregate Index measured a 3.3% decrease in August, bringing the index to 105.37. This is the lowest recorded result since the beginning of the downturn, surpassing the old recession level low of 107.98, which occurred in October 2009. National prices are 7.6% below the value recorded last year. Since the peak in October 2007, prices have fallen 45.1%."
For a long time, pundits were referring to the fall in commercial real estate has the next shoe to drop that would create another meltdown in banking like in 2008. Very little has been written or said about this topic in the last few months, but the termites are still in the building`s foundations.
Today is Champions League night again, and I will leave with one of the best goals of the 2009/2010 edition. A brilliant move from Arsenal`s Samir Nasri (the audio is in a strange language but it really does not matter :)).
Related stocks: Bank Of America (BAC), J.P. Morgan (JPM), Citigroup (C), Wells Fargo (WFC), Morgan Stanley (MS), Goldman Sachs (GS), Simon Property Group (SPG), Kimco Realty Corporation (KIM), Boston Properties, Inc. (BXP)
4 comments:
Bayern Munich rules and not your shitty Barcelons
"Airlines Lead Stocks Higher"
here`s an headline i thought i would not live to see
Hey MAx,
yes robben is cool
Wow didn't know you were such a big soccer fan. You should check out these guys on Twitter. www.Twitter/vegassnitch
Their soccer predictions are SICK! by that I mean sickly accurate. And then post it on Twitter for the whole world to see. They are do currencies and markets, but their soccer WOW
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