CBRE Global Investors, combined with CBRE Clarion Securities and CBRE Caledon, is one of the world’s leading real asset investment managers providing real estate and infrastructure investment solutions to over 500 clients worldwide.
CBRE Global Investors is the investment management division of CBRE Group, Inc. the world’s premier commercial real estate services and investment firm. The company’s shares trade on the New York Stock Exchange under the symbol “CBRE.”
July 15, 2011
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I’ve been unemployed for exactly 4 years today!
I guess I’ve become fixated on dates and anniversaries this week. That probably continues until my 30th birthday in a few weeks. Anyway, I haven’t had any W-2 income in exactly 4 years. So, I guess I am included in that big U-6 number of 16.2% below. I get paid in distributions from the company I own, but no salary or guaranteed payments. I wonder if there are more people like me in the U.S. now than there were before the recession. On the plus side for job creation, in the past 4 years since becoming an entrepreneur, I have helped create more than 25 full time jobs, through Curbstone, but also through my investments in FC Tampa Bay. That feels good, almost as good as being unemployed.
U-6 Unemployment Speaking of jobs, the unemployment report that came out last Friday seemed to weigh on the market this week. MLPs did ok this week, with a 0.8% drop, compared with 2.0% decline for the S&P500.
It was a very active week for MLP announcements:
Pretty good start to distribution announcement season this week:
Earnings kick off Monday with KMP reporting first, as usual. Stay tuned…
Disclosure: The information in this article is not meant to be financial advice, we are not your financial advisor and I am posting my comments for informational purposes only.