Economy, Real Estate

“Trump’s Gold Card Visa Program Is Causing Panic In Real Estate Circles. Here’s Why”

“…Dubbed the “gold card,” Trump’s plan to sell green cards is intended to replace the EB-5 investor visa, which the real estate industry has favored as a way to provide funding for major projects, the New York Times reports. Major developments such as Manhattan’s… Continue Reading…

Banking, Stocks

“Why Treasury yields keep rising, causing pain for stock-market investors”

“…The benchmark 10-year yield BX:TMUBMUSD10Y finished at its highest close since Nov. 7, 2007, at 4.307%, while the 30-year rate BX:TMUBMUSD30Y ended at 4.411% or its highest since April 28, 2011. The 30-year rate has jumped 87.3 basis points since April, while its 10-year counterpart… Continue Reading…