For the first time in history, a commercial real estate developer will lead the free world, but Presidentelect Donald Trump’s tweets are probably more to blame for post election market volatility than his occupation.
Pop rock songwriter P.F. Sloan wrote the quintessential anti establishment tune in 1964 and Barry McGuire made it famous in 1965 singing the lyrics “You don’t believe we’re on the eve of destruction” as it reached No. 1 on the charts.
Although most political observers would conclude the song applies to today’s state of affairs, “Eve of Destruction” would be an overstatement for most commercial real estate players.