SRVR - Whistling Past The Graveyard? Cracks Emerge As Rally Continues
Real Estate Weekly Outlook
Whistling past the graveyard? U.S. equity markets finished decisively higher for the second-straight week as better-than-expected economic data and encouraging news of coronavirus treatments again overwhelmed concerns about the intensification of the coronavirus pandemic in several regions. While the Citi Economic Surprise Index remains near record-high, several high-frequency data points including mobility data and restaurant reservation data - which had correctly foretold the emerging economic rebound seen over the last two months - have shown hints of rolling over as several states including California, Texas, and Florida have scaled, delayed or