Published at: 2019-02-12 11:21 | Author: Robert McLean
The economic indicators may be beginning to point downward, but this had little impact on the upbeat mood at CEDEM 2018.
The Prague-based property conference took place in the shadow of the financial crisis that erupted exactly a decade ago, with discussions circling around the likelihood of a repeat performance. Most participants voiced the opinion that a correction, rather than a crash is what’s likely to result from slowing German industrial output combined with higher interest rates. Rising 10-year US bond yields and an overheated labor market are among the key indicators that will force a change of mood among...

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