Of sustained, abovetrend economic growth. Now at this meeting as you recall fed members voted to taper by another 10 billion a month and recommit to keeping shortterm Interest Rates lower for longer but minutes show they also discussed how to eventually raise rates and shrink the feds unprecedented 4. 5 trillion Balance Sheet but said, quote, the committees discussion of this topic was undertaken as part of prudent planning and did not imply normalization would necessarily begin sometime soon. Melissa. Melissa a lot of stuff there, peter. Thank you so much. For more lets bring in our panel. We have james freel man of wall street journal, greg rayburn, kobe partners, former ceo of hostess. Thanks for joining us. James, what is your reaction . I think the economy is improving. Charles plosser, Philadelphia Fed president saying this week he sees rates coming higher, maybe quicker than people expect. Melissa they said too early to see if were on a path to above trend growth. Are you kiddin
Petallides at the stock of the new york stock exchange. Nicole i went ice skating last night. Some movers on wall street, the dow up 32 points. Take a look at zynga. Today is a great day for zynga, although it cooled off and hit a new low yesterday, the real winners on the street, see them higher by over 10 . Wynn resorts coming out with numbers expansion in, the numbers are improving year over year, but the growth is slowing. Walmart is a winner being added. And by a jedi dec biogen idec. Selling friday was a big sunday, tuesday was a big selling day. Lets take a look at how we are faring. Up one third of 1 . Dagen thank you, nicole. Just updating hurricane sandys track. Approaching the central bahama. Category two storm, 105 Miles Per Hour sustained wind. Much of the u. S. East coast has a very good chance of being blasted by gale force wind, flooding, heavy rain maybe even snow early next week by this unusual hybrid of a hurricane and a winter storm, it could be ugly. Connell absolu
CHICAGO, IL - Providence Real Estate, a multifamily owner-operator, announced the sale of a six-property, 1,463-unit multifamily portfolio (the “Gulf Coast Portfolio”) located in Pensacola and Tallahassee in Florida, and Mobile in Alabama.
The Gulf Coast Portfolio was originally acquired in a joint venture with a publicly traded corporation that provides private debt and equity to U.S. companies.
“The tremendous success of the Gulf Coast Portfolio continues.
Providence Real Estate Announces Acquisition of 212-Unit Infinity Residences at The Park Apartments Adjacent to Orlando s Baldwin Park multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.