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2019 economic forecast: Slower but no recession

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Last year is likely a high-water mark for the U.S. economy, but 2019 won't be anything close to the plunge into the abyss that recent stock market gyrations have suggested. If the economy were a jet that reached cruising speed in 2018, it will throttle back moderately next year before slowing further in 2020, economists say. And if it keeps growing past July, it will mark the longest expansion in U.S. history. After notching an expected 3 percent gain this year – which would be its best showing in more than a decade – the nation's gross domestic product is projected to grow 2.6 percent in 2019, according to the average estimate of 51 economists surveyed by Wolters Kluwer Blue Chip Economic Indicators. While job growth is poised to slow, wage increases are accelerating. And healthy consumer spending is likely to offset a slowdown in business investment growth and a sputtering housing market. "This is still a robust economy," says Barclays economist Jonathan

Fed boosts interest rates but softens 2019 plans

The economic outlook hasn't been quite as rosy lately, and so the Fed is stepping back just a bit. The Federal Reserve raised its key interest rate Wednesday for a fourth time this year but lowered its forecast to two hikes in 2019 amid the recent stock market sell-off and uncertain growth prospects. "The economy has continued to perform well," Fed Chairman Jerome Powell said at a news conference. But, he added, "We have seen developments that may signal some softening … In early 2018, we saw a rising trajectory for growth. Today, we see growth moderating ahead." The central bank's latest move, which comes amid President Donald Trump's repeated criticism of Fed rate hikes, is expected to set off a domino effect across the economy, bumping up rates on credit cards, home equity lines of credit and adjustable-rate mortgages. As expected, the Fed raised the federal funds rate – which is what banks charge each other for overnight loans – by a quarter

Miami's 10 Mile Underline Project will be a game changer!

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With Miami’s new  10-mile Underline  project underway, the ‘Magic City’ looks to be changing for the better.    Meg Daly, previous marketing director turned founder of the nonprofit group Friends of the Underline, has teamed up with the Miami-Dade County and designers from the James Corner Field Operations, known for their work on New York City’s Highline, in tackling the massive construction job. The 10-mile long mixed-use park will extend from downtown Miami to Dadeland’s South Station, providing urban space for safe transit and recreation. The target design includes two 10-mile-long individual parallel pathways, with one dedicated to walking pedestrians or those on foot, and the other for bicyclists. The pathways will connect to several landscape spaces such as parks, playgrounds, gardens, and other locations for neighborly social gatherings.     Although Daly has already acquired $90 million in funding from Miami, Coral Gables, Miami-Dade County and the state of Florida,

Holiday Prep: How to Host a Big Gathering in a Small Space

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The holidays bring time spent with friends and family. If you’re the host with the most, this also means lots of prep work and planning for your celebrations, especially when your home is the gathering place. And, if you’re pressed for space for a large crowd, you’ll need to employ a bit of creativity to make the most out of the space you do have. Here’s a list of clever small space entertaining tips and tricks to host a big gathering in a small space. Make Space for Coats . (Yes, even in South Florida... maybe) Your guests will arrive and the first thing they’ll do is take off their coats, scarves, and hats. Make room in your coat closet, or if that’s not an option, purchase a folding clothing rack to stash in a bedroom for use during the party and then fold up and store when not in use. De-clutter.  That curated stack of coffee table books and candles are a chic accent to your living room, but party guests will need surfaces to put their drinks and food down. Temporarily

One Thousand Museum 1000 Museum by Zaha Hadid

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One Thousand Museum condos will be the latest addition to the Museum Park area of Downtown Miami at 1000 Biscayne Boulevard. One Thousand Museum (1000 Museum) will join the four existing luxury towers located across the street from Bicentennial Park which is soon to be renamed "Museum Park". This thirty acre urban park will house both the new Miami Art Museum and the new Miami Science Museum. One Thousand Museum will be the newest ultra-luxury project located in Miami Downtown and will be sixty-two stories tall and offer just eighty-three (83) half-floor and full floor residences ranging in size from 4,500 to 9,800 square feet. These flow-through design apartments will offer residents incredible panoramic views of Biscayne Bay, the Miami and Miami Beach skylines and the light show that is the "Magic City"! ONE Thousand Museum, a new tower designed by world renown architect Zaha Hadid will soon grace the Downtown Miami skyline. Developed by Louis Birdman and Gre

2018 Concours d'Elegance Classic Car Special

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The synergy between classic cars and luxury property as a desired asset and sound investment is becoming ever more apparent – both highly coveted, and not only giving a huge amount of enjoyment and personal satisfaction to those lucky enough to own either, but also seen by many as a good way to diversify their investment portfolios. Full Report Here

5 Simple Ways to Stage the Exterior of Your Home

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If you're selling your home, chances are good you're familiar with the concept of staging your home. Real estate agents recommend your home look its best to prospective buyers, and home staging is a great way to ensure you receive top dollar. But did you know you should stage the exterior of your home too? Failing to update the look of your home's exterior can cause buyers to get a bad first impression when they initially arrive to view your home.  Whether your audience are  luxury home buyers  or you are selling your starter home, staging the exterior of your home will have a major impact in the sale of your home.  If you want to put exterior home staging to work, here are five elements you should consider tweaking. Clean Your Exterior Windows and Screens Nothing says poor maintenance like dirty windows and window screens. If your windows are caked with dust or muck from the last rainstorm, open house visitors are going to wonder what other maintenance jobs you have