Pebblebrook Hotel Trust (PEB)
North America In the U.S.: The Fed minutes and subsequent speeches showed that policymakers are torn on the correct path forward given the current data. Some members fear that being too accommodative would leave the Fed vulnerable with little tools to combat future recession risks. Of note, the NY Fed announced that it would start buying $60B per month in Treasuries beginning 15-Oct. REIT Focus: Pebblebrook Hotel Trust (PEB) announced the sale of the Topaz Hotel in Washington DC for $33M. Pebblebrook is targeting Q4 to complete the sale. ASIA In China: US President Trump stated that the US and China have reached a “substantial phase 1” trade agreement, though it may take over a month to cast it into