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OrbVest backs resilient US economy with two new acquisitions

Mount Equity Group Tokyo Japan > News > Markets > OrbVest backs resilient US economy with two new acquisitions

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OrbVest, the specialist investor in medical office buildings in the US, recently sealed the purchase of two quality buildings for its investor base, demonstrating its faith in the future of the US economy.

Medical office property in the fastest-growing states in the US offers investors diversification into the world’s strongest economy, at a time when equity markets are in turmoil and central banks around the world are facing the challenges of inflation while attempting to balance the most appropriate monetary response.

In June, US Federal Reserve chairman Jerome Powell told the Senate Banking Committee that he would use monetary tools (including interest rate increases) to rein in inflation, which in May touched its highest level since 1981. Powell said he was aware of the risk that over-aggressive interest rate hikes could push the economy into recession, but said he believed the…

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