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Commercial Real Estate, Hospitality Industry, and Rising Interest Rates
This chapter covers topics such as the poor performance of Alcoa compared to competitors, the Biden administration loaning money to Poland for defense, Costco offering medical care, concerns about commercial real estate hotels, the impact of the pandemic on the hospitality industry, and an interview with the CEO of Walker and Dunlap. It also discusses lease lengths and changes in various commercial sectors, the impact of rising interest rates on banking, Amazon's investment in Anthropica, and Goldman Sachs' outlook for the energy sector.