Great Economic News, and More Great News!

Colliers just released a bullet list for August of a few  of the very positive news clips out. Blackstone, one of the biggest commercial real estate investment companies in the world, just raised 24.1 billion for its latest real estate fund, ‘the largest fundraise on record’. “July’s job report marks the return of full-pre-pandemic employment and the second-fastest  job recovery since 1981.” And, 48% of U.S. homes with a mortgage have at least 50% equity, the highest ever.  All in all, our economy is strong!  Inflation is world-wide, not just in the U.S. (England just hit double-digits) but appears to be coming down. Maybe, just maybe, we can tame inflation without going into a recession…