The first thing to know is that every time there is a rapid increase in rates, something “breaks” in the economy, causing a lot of stress and slowing growth.
Investment Management Corp. of Ontario wants to form partnerships with leading investors in every asset class and shift more of its portfolio to private assets over time.
Long constrained by a lack of inventory and high prices, home buyers must now also contend with decades high inflation and rapidly rising mortgage rates.
The report from American Hotel & Lodging Association and Kalibri Labs projects that hotel business travel revenue will remain 23% down from 2019 by the end of this year.
