Key investment opportunities emerge from real estate downturn
PGIM Real Estate’s Australian head Steve Bulloch anticipates more challenges to come for some assets in the country’s commercial real estate market this year.
Investors are beginning to look closer at the tight labor market and recent tax overhaul and make a connection to the potential for rising prices and an increasingly aggressive Federal Reserve Bank. What is getting less attention is the critical role that productivity could play in forestalling those dangers. Or not.
In its new Market Pulse: “All Eyes on Productivity,” QMA’s Global Multi-Asset Solutions team explains why productivity growth is one of the metrics it is watching for clues to the staying power of the current economic and market cycle. The team notes that the past decade of anemic productivity growth would ordinarily be a cause for pessimism, but highlights the early signs of a productivity pickup, and how this could yet spawn a new virtuous cycle of rising wages, benign inflation conditions and higher GDP growth.
Among the hopeful signs:
Read QMA’s Market Pulse: “All Eyes on Productivity.” To interview a member of QMA’s Global Multi-Asset Solutions team for a view on market trends, please contact Kristin Meza.
PGIM Real Estate’s Australian head Steve Bulloch anticipates more challenges to come for some assets in the country’s commercial real estate market this year.
David Hunt, President & CEO of PGIM, joined Bloomberg Surveillance for a conversation about the wide range of opportunities and challenges in financial markets.
Shahzad speaks to finding inspiration in her family, building confidence and how she lives her life steadfast in her conviction that women can do anything.