Heres

Here’s what Joe Biden means for markets, business and America

I say Joe Biden has a 50% chance of getting elected in November and if you buy that impartial fact, then it’s probably a good idea to understand what a Biden presidency means for the economy, markets and business. 

This is no small thing. 

If he wants to win, Biden has 136 days to convince the electorate that he can best manage the economy. The candidate has some work to do. While the former Vice President leads in national polls, according to a recent Reuters/Ipsos poll 43% of registered voters said they thought Trump would be a better steward of the economy than Biden, against 38% who said Biden would be better. And a late-May Washington Post-ABC News survey said those polled trusted Trump and Biden in nearly equal measure to oversee the economic recovery. At the very least, Biden does not appear to have an advantage when it comes

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Layoffs, imploding deals, and new opportunities. Here’s how the real-estate industry is transforming.

The way we occupy space and our relationship with places like stores and offices is transforming.
The way we occupy space and our relationship with places like stores and offices is transforming.

Katie Warren/Business Insider

  • Offices, hotels, and malls have been emptied by the coronavirus, which could lead long-term disruption in our day-to-day lives. 

  • The coronavirus has provided the largest experiment ever in remote work. Experts say it will forever change our relationship with the physical office.

  • Flex-space providers like WeWork, Knotel, and Convene, rental startups like Sonder and Zeus Living, iBuyer Opendoor, and brokerages including Compass and Redfin have laid off or furloughed staff. 

  • Companies like Macy’s are rethinking their office footprints. 

  • Customer behaviors are also changing how we buy and order, and that could have long-term effects on areas like industrial real estate. 

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The coronavirus has thrown the real-estate world into disarray, as people empty out of offices, hotels, and malls and work from their homes. The

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