Growth From Zero Gov't Stimuli Industries

WALNUT CREEK, CA-In an update to this morning’s exclusive story about Greg Genovese, a 25-year commercial real estate and securities industry veteran, launching US Global Realty Capital LLC, we caught up with him to discuss more about the local market and why now was a good time to start the full service real estate investment, advisory, and distribution company.

When asked why now was a good time to launch, Genovese tells GlobeSt.com that “We currently have unprecedented money supply growth in the US as a result of government stimulus, resulting in the stock markets hitting new record highs almost daily, yet real household incomes and consumer confidence is down and continues to stay down.” He adds that Today’s investment environment “in which money supply growth and stock markets are up, while real wages and consumer confidence are down,” translates very well into the firm’s investment philosophy.