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Cantor Fitzgerald CEO: ‘Real estate’s got life’

Posted on 27 June 2012

Seeing little upside in the stock market, Cantor Fitzgerald CEO Howard Lutnick said Tuesday on CNBC that low interest rates were making commercial real estate a strong bet.
“I think the stock market is in a tough spot, right? There’s no growth. The Fed couldn’t have made it more clear. You know what Operation Twist means? It means we’re all getting twisted,” he said on “The Kudlow Report.” “There’s not really an economy out there.” The one bright spot, however, was commercial real estate………………………………………..Full Article: Source

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