Bloomberg Intelligence Trump Hints He’ll Hold Off Iran Strike, Give Diplomacy Time
9 snips
Jun 20, 2025 
Ira Jersey, Chief U.S. Interest Rate Strategist at Bloomberg Intelligence, shares insights on the Federal Reserve's latest decisions and the potential for interest rate cuts. Liz Hart, President of Leasing for North America at Newmark, discusses the booming commercial real estate sector in New York City and the influence of tech companies on market dynamics. Together, they analyze the shifting approach to U.S.-Iran relations, emphasizing a diplomatic focus over military action in a time of rising tensions.
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Strait of Hormuz Strategic Risks
- Iran is unlikely to close the Strait of Hormuz due to dependency on oil revenues.
- Desperation could lead to irrational acts, however, raising fears about potential closure.
CRE Demand Surge and Expansion
- Commercial real estate demand is up 30% year over year, with more tenants looking to expand.
- Prices and values rise notably where markets recover from distress and tenants commit long term.
Tech and AI Firms Fuel CRE
- The return of tech sector leasing boosts commercial real estate demand, especially from AI companies.
- Contrary to expectations, AI companies commit strongly to office and in-person presence.