Surprise Spring Slowdown
Agree Realty(ADC) seekingalpha.com·2024-05-19 21:00
Matteo Colombo Real Estate Weekly Outlook U.S. equity markets climbed to fresh record highs while benchmark interest rates dipped to one-month lows after a critical slate of inflation and retail sales data showed an unexpected cooldown of inflationary pressure alongside slowing consumer activity, lifting bets that the Fed can cut rates multiple times this year. Reflecting the mounting quantity of downside economic surprises, the Citi Economic Surprise Index dipped to the lowest level since early 2023, i ...