Or panic is driving investors with money in various European securities seeking a safer investment haven.
There are moneyed folks all over the world desiring a place to safely park money and obtain some return. Europe is risky, America is less risky.`
Focusing locally, in America only, does not accurately portray reality
Through reading your posts and others, that’s exactly the conclusion I arrived at. European money coming east. I’ve heard recently about some of this money going into Florida real estate. Particularly around Orlando.