Wrapping Up the Week

Economy & Markets In Review The big news this week was between Trump's government and China, which continue to trade barbs – but this week escalated the stakes through a series of currency manipulations (and accusations of manipulation) that should only heighten tension between the two world powers. Rodney was on vacation for much of the week, but turned his column space over on Tuesday to our colleague and noted China economic expert Chris Scott, who laid out what the future might look like after this week's events. Rodney returned on Wednesday to a Texas Gulf Coast home he's been trying to sell, which had him thinking even more about the changing face of real estate, and what Boomers and Gen Xers (like himself) will do with the houses they've bought when they become ready to downsize. Millennials haven't shown an urgency to swoop in on those homes. Harry actually had some research to support that notion on Wednesday; he's found that there's a larger market for renters than there had been in the past – buoyed in part by a return to renting for many Boomers, who don't want to incur the costs and stress of homeownership now that they're empty nesters. All that helps feed Harry's belief that we're headed towards a crash – some time around 2023. Best to be prepared, with Harry, Rodney, and their sound advice. VISIT ECONOMY & MARKETS » This Week in Economy & Markets... Gold Had A Big Week Well, the markets rolled over last Friday, and opened this week in a bloodbath. But gold continued to surge, creeping up past the $1,500 mark. We're at critical points with all our bonds, which are making new lows. Which has made gold's current position even more remarkable. I thought gold would begin to flatline around... Dealing With Falling Real Estate I don't mind moving, but the process of selling and buying homes is no fun. Keeping the home clean, inspections, appraisals, work orders… it's all exhausting. But we're doing it. As I've written, my wife and I moved back to Texas a couple of years ago. We found a beautiful home on the water. It's... Boomers Are The Fastest Growing Renters? I am speaking at Brad Sumrok's national conference for Apartment Rentals in Dallas this Saturday, so I've been brushing up on my demographic research in that arena of real estate. There've been some interesting new insights. The Millennial Impact My consumer life cycle for real estate starts with apartments and multi-family homes for renters; that... The U.S.-China Trade War Will Hit Home I'm in the Colorado mountains this week. yet, I must note the significance of the reports this morning that Chinese companies have put a stop to purchases of U.S. agriculture products, moving the lengthy trade war into new territory. I'll turn the rest of today's column to my colleague Chris Scott, an expert on international... Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.