Commercial real estate, Boeing layoffs: Asking for a Trend
The trading week transitions into weekend mode while Josh Lipton looks back on the biggest stock market trends and takeaways from the day. Moody’s Analytics head of commercial real estate (CRE) economic analysis Kevin Fagan drops by the show to explain why he believes the CRE market is in a “normalization period.” After Boeing (BA) announced the layoff of 17,000 workers amid ongoing factory strikes, Boyd Group International president Mike Boyd explains why he sees the aircraft manufacturer to be in “deep, deep trouble” as it struggles to meet production targets. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.