Capital Markets Snapshot: Economic recovery: slow, unsteady

THAT SHOULD RESULT IN CONTINUED STRONG DEMAND FOR MEDICAL OFFICE

By Cain Brothers

Two years after the low point of the financial crisis, the U.S. economy is still struggling with its recovery.

In the private sector, high unemployment (and higher underemployment), coupled with steady de-leveraging have contributed to very soft consumer demand – which has been the driver of economic recoveries in recent recessions. The impact from the unprecedented fiscal stimulus programs has been either: to help to stabilize the economy (the optimistic viewpoint); or has failed to create demand (the pessimistic interpretation). Either way, the federal coffers are highly constrained and many believe that stimulus programs are ineffective. Regardless of the

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