
2003-2005 “Irrational exuberance” a la Greenspan, now famous quote;
2008-2010 Great Recession and aftermath: PTSD for many of us;
2016-2018 Recovery being fully realized after almost a decade;
2019-2020 And Beyond: A measure of Uncertainty???????
With the marking of George H.W. Bush’s passing, we are afforded, yet, another “Opportunity to take stock.”
For those readers and investors who were beneficiaries, in this past year of the Tax and Jobs Act of 2018, I suspect, we can readily acknowledge the positive impacts of stock market valuations, due, in part, to share buy backs; and, shortly, when we do our taxes at new rate structures. The Economy has continued… (Is it sustainable?). The introduction of Opportunity Zone Funds, as once-in-a lifetime tax incentives, if properly executed, are also very encouraging.
Continue reading End of Year 2018 Wrap up for CRE