- UBS is reorg its wealth management team focus on SW ie FL and TX, as it found more affluent families are migrating there, so office structure need to be changed to better follow the money
- New study by Lawnstarter ranked Plano and Frisco of Dallas suburbs, top two followed by Tampa, Atlanta, Seattle being the top 5 cities for remote work
- Famed Hoover Institute study shows that CA business HQs in 2021 left state at 2X the rate for 2020/21, and 3X the rate for 2018. Business exodus from higher tax and less business friendly states continue
- Twitter, Meta tech lay offers are just getting started, Meta poised to announce a massive layoff of thousands on Wed per WSJ. Bayarea being the tech center of the world, will be ground zero for this cycle of layoffs which so far starting in high growth tech sector
- Sam Zell believes it will be a long haul for Fed to pivot, liquidity crisis will always accompany economy crisis, holding cash will be handsomely rewarded
- BOA says rush to cash by investors is now at Fastest pace since Covid, saw inflow of $256B to cash funds since start of Oct
- Fed approved 75bps in Nov FOMC meeting as expected, Fed fund rate now 3.75-4% the highest since 2008, 但还没有到头呢！
11/10 房市每日焦点
Posted 2年 ago / Uncategorized
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