Acknowledgments -- About the author -- The daily blotter -- The business cycle -- Gross domestic product (GDP) -- The labor market and employment -- Retail sales -- National federation of independent businesses NFIB) small business economic trends -- Personal income and outlays -- Housing and...

"By 2016 global real estate markets have generally recovered as real estate asset prices have increased beyond pre-crisis levels. Whereas debt and equity capital was scarce at the time we wrote the first edition, capital is now abundant. In addition, many institutions who had completely exited...