Market Update | Sept 3
Jon Granston | September 3, 2024
Jon Granston | September 3, 2024
Top Headlines: Delivered by Leonard Steinberg
September 03, 2024
01 Several Fed officials acknowledged there was a plausible case for cutting interest rates at their July 30-31 meeting before the central bank’s policy committee voted unanimously to keep them steady.
(Bloomberg)
– Pat Wood, Hunt Energy Network, Dallas, speaking to the need for clean, inexpensive energy not driven by any political ideology.
(USA Today)
03 The Modernist, quick-build houses that emerged after the second world war had an ethos of craft, resourcefulness and simplicity that —paired with today’s advancements, such as double-glazed windows and prefabricated timber frames — could be a blueprint for future residential design.
(FT)
04 BEHR, the California-based paint company, crowned Rumors, a deep red, its 2025 color of the year, rekindling the ’90s nostalgia for all things red—but not in a way that reminds you of your regrettable makeup choices. According to a Behr survey 76% of its US customers would consider painting a room or wall a shade of red. 73% said they believe that embracing the color red can add “depth and character” to an interior.
(Elle Decor)
05 In 2023 15% of restaurant owners added surcharges or fees to checks because of higher costs, according to the National Restaurant Association..... will the NAR be advising real estate agents to do the same on commission invoices
(CNBC)