Existing Home Sales Surge, A Decade to Dig Out for NYC, Hotel Headwinds

<p>Stocks rallying after existing home sales in July posted its biggest increase EVER… an economist and an investment strategist weigh in.</p><p>And entrepreneur Don Peebles on Joe Biden’s messaging…and why it’s going to take NYC a decade to recover from the economic fallout due to the pandemic.</p><p>Sticking with New York, some big-name hotels are in big trouble as they remain vacant. A look at the foreclosures that may be coming in Manhattan and across the country.  </p>