Two Fed Officials Urge Caution on Timing of Next Rate Hike

Bloomberg, Apr. 12, 2016–Randow, Jana
Two more Federal Reserve officials argued for caution over the timing of the next interest-rate increase as slower U.S. growth, a stronger dollar and weakness abroad hinder the central bank’s effort to drive inflation higher.

Fed’s Dudley Sees Risks Lingering, Cautious on U.S. Rate Hikes

Reuters, Apr. 8, 2016–Spicer, Jonathan
The Federal Reserve must approach further rate hikes cautiously and gradually because of lingering external risks to the U.S. economy, despite some strength at home and welcome hints of inflation, New York Fed President William Dudley said Friday.

Can Commercial Real Estate Maintain Momentum?

National Mortgage Professional, Apr. 7, 2016–Hall, Phil
Two new data reports on the commercial real estate sector offer very different visions regarding the sector’s vibrancy, with one detailing a healthy 2015 and the other forecasting a bumpy near-term future.

J.P. Morgan: We’re Too Big Not to Succeed

Wall Street Journal, Apr. 7, 2016–Glazer, Emily
In a proxy released Thursday morning, J.P. Morgan pushed back against a shareholder proposal for a bank breakup, pointing to its business synergies, benefits of scale and value to clients.

A More Promising Road to Reform

Urban Institute, Apr. 7, 2016–Zandi, Mark
In today’s housing finance system, two behemoth institutions, Fannie Mae and Freddie Mac, control most of the core infrastructure of the secondary market and take on most of its credit risk. While in many ways this system has served the nation well by providing a broad range of borrowers access to credit and a level playing field for lenders of all sizes, our reliance on this duopoly created perverse incentives that ultimately led to too much risk taking, forcing taxpayers to shoulder the resulting cost. 

Returns On Capital–And Interest Rates–Will Be Low In The Future

Forbes, Apr. 5, 2016–Conerly, Bill
There’s good reason to expect long-term returns on capital to be lower than historic averages in the coming decade. This conclusion is somewhat speculative but one that should concern every investor in every investment class.

U.S. Official Overseeing Wall Street Mortgage Probes to Leave

Bloomberg, Apr. 5, 2016–Schoenberg, Tom 
Stuart Delery, the Justice Department official overseeing civil investigations of banks for conduct related to the financial crisis, is stepping down April 14 to explore options in the private sector.

The Federal Reserve is Back in the Drivers Seat

Wall Street Journal, Apr. 5, 2016–Eisen, Ben
As stocks sold off and volatility surged earlier this year, the talk of the markets was whether the Federal Reserve had lost control of the markets. Those concerns are going away quickly.

Retail Rents Could Increase by 4 Percent in 2016

National Real Estate Investor, Apr. 4, 2016–Mitchell, Donna  
The retail sector could see a 4.0 percent increase in rents in 2016, said commercial real estate services firm CBRE.