Inflation scare justified? The Covid triggered lockdowns in Western world will turn out to have marked bottoming out in money velocity, Jefferies' Wood says. He expects the first justified inflation scare in US economy, on the post-Covid re-opening trade, since start of 1980s. pic.twitter.com/hUkmhqTolk
— Holger Zschaepitz (@Schuldensuehner) February 20, 2021
Rents in Manhattan & Brooklyn had steepest YoY drop on record in January, according to new report from StreetEasy w/Manhattan rents slipping 15.5% & Brooklyn down 8.6%. Home prices showed major declines falling a precipitous 6.2% in Manhattan & 5.4% in Brooklyn.@business
— Danielle DiMartino Booth (@DiMartinoBooth) February 19, 2021
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