As 2024 unfolds, the multifamily housing market is witnessing a transformation driven by changing lifestyles, technological advancements and a desire for enhanced community living.
triggering a nasty recession. the feds first ratesetting meeting this year starting january 30. that disappointment is reflected in how us stocks closed in the second trading session of this year. take a look at this. all the major indices closed lower. the tech heavy nasdaq led the drop which included stocks that are sensitive to interest rates like apple, nvida, and tesla. all of which traded lower. it is a sign investors are cautious about what direction the fed will be taking for this year. shedding the optimism they had at the end of 2023. anna rathbun, chief investment officer at cbiz explains. certainly there is walking back of some of the excitement we saw in december. december was really extraordinary. the fed went to suggesting there may be three rate cuts, they didn t say when in 2024, just the entire calendar year. the market interpreted that as we
resources starting in 2024. washington inflation reduction act will offer subsidies on evs. provided they are free from any chinese manufacturing or supply chains. that is clearly going to put third party countries in a tight spot and beijing says it is an anti china piece of legislation which is something i put to the us climate envoy john kerry recently. no, it is not. in fact, china may benefit like every other country in the world may benefit from new technology. lastly, chips. the us may go even harder in restricting technology to china but china is making important strides in becoming self sufficient. domestic companies such as huawei are innovating fast and us companies such as nvidia are working hard to make sure their ai chips do not compromise us national security regulations which kind of sums up us china relations at the moment. tense, competitive