THE DOLLAR'S REBOUND…
When asked what they thought the dollar's recent reboundmeant for the economy, this week's poll respondents were splitalmost exactly down the middle. A slight majority (53%) believethere is much more pain ahead before things get better. Theremaining 47% are hopeful that this is the start of a recovery.David Houston, president of Colliers Houston & Co., is one ofthe hopeful ones. Here is what he had to say:
"The U.S. Dollar Index hit a low in Mach as the Federal Reserveslashed interest rates to mitigate the credit crisis. What the U.S.did right was to employ both fiscal and monetary incentives veryearly in the economic slowdown. This seems to have made the currenteconomic downturn a very shallow one.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
