real estate

21 Posts

Galbraith: Visible Hand Is the Biggest Risk for Investors, Equities Are the Best Opportunity

Steven M. Galbraith

“I’m a stock investor and express my views in individual securities, but I think some things have changed,” Steven Galbraith, managing partner at the hedge fund Herring Creek Capital, said at the 15th Annual Equity Research and Valuation Conference conference in Philadelphia. “You can no longer just look at the micro,” Galbraith said. “The visible hand and policy blunders are the primary risks for investors today.” Read more

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European Sovereign Debt Crisis: Up Next, a German Real Estate Bubble?

Luxury apartments in Berlin

Germany may well be experiencing a real-estate bubble — and the explanation is straightforward: the European Central Bank has lowered rates in response to the global financial crisis that began in 2008, and then dropped rates dramatically in response to the euro crisis, which didn’t gain steam until late 2009, and then pushed rates near zero in late 2011 — where they have remained. Read more

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