Rexford Industrial (REXR)
North America Several members of the FOMC committee spoke this week with some showing support for cuts of 50 bps while other others supported no cuts. On Thursday the Wall Street Journal new Fed whisperer Nick Timiraos wrote that “officials are gearing up to reduce interest rates at their next policy meeting in two weeks, most likely by a quarter-percentage point, as the trade war between the U.S. and China darkens the global economic outlook.”This week had a record level of bond issuance of at least 29.65B. Apple, Deere, and Walt Disney among others issued debt to capture low rates.Argentina government imposed capital control to prevent a further reduction of foreign currency reserves. In the decree released on Sunday the