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US Economy to Remain Resilient Despite Political Turmoil

Balanced fundamentals and long-term secular trends should drive a steady performance.

chi-jacques gordon (3) Jacques Gordon, global head of research and strategy at LaSalle Investment Management.

CHICAGO—The political world may seem turbulent, but real estate experts point out that all the headline noise of 2017 did not have any visible impact on capital markets. Therefore, many conclude that 2018 will see more of the same, with balanced fundamentals and long-term secular trends driving a steady performance.

Researchers from Chicago-based LaSalle Investment Management, for example, have just released their annual report on investment strategy, and predict that the economy will continue expanding at a steady pace, with job growth generating a robust demand for real estate. But they advise the construction of portfolios that balance “goldilocks” and “bear” scenarios.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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