As published in New England Real Estate Journal's Spotlight/Mid-Year Review.

Did you ever notice the parallels between part IV of Henry Wadsworth Longfellow’s The Theologian’s Tale and the ongoing credit crisis? Follow me here… It is time for borrowers and lenders to adjust the "sails", opportunity awaits on the horizon Projects


Debt/Capital Markets Articles of Note

Treasuries Rise as Higher Yields Bolster Note Auction Demand
Bloomberg — July 30, 2009
Longer-maturity Treasuries rose after the highest seven-year note yields in more than a month bolstered demand at the government’s auction of a record $28 billion of the securities.

Bond Expert: Thursday Outlook
Seeking Alpha — July 30, 2009
Prices of Treasury coupon securities slumped in overnight trading as stock market gains and uncertainty regarding demand for the Treasury seven year note auction (later today) pushed prices lower.

Fed Survey, Economic Data Signal Recession Is Easing
Wall Street Journal) — July 30, 2009
The pace of decline in economic activity has "moderated" or "begun to stabilize," the Federal Reserve's latest survey of regional economic conditions found, and a Commerce Department report showed the steep drop in U.S. business-investment spending appears to be bottoming out.