CLEVELAND/ SEPTEMBER 13, 2018 (STL.News)
J. Scott Scheel, founder and CEO of the Internationally acclaimed Commercial Academy (CommercialAcademy.com) – the training center and educational institution that has prepared over 100,000 students for entrance into the world of commercial real estate investing – issued a grave warning today of impending market collapse should interest rates continue to rise as the Federal Reserve has indicated.
Mr. Scheel has appeared and presented at some of the most globally-recognized venues around the world including the Staples Center, where he recently lectured over 30,000 attendees about entry into commercial real estate investing. Scheel has shared the stage with some of the biggest names in business and economics including Federal Reserve Chairman Alan Greenspan, Billionaires Richard Branson and Warren Buffet and U.S. Presidents Donald Trump and Bill Clinton, as well as other notable speakers such as Tony Robbins, Daymond John, Pitbull and Magic Johnson. Scheel theorizes that if the federal reserve continues its practice of raising interest rates, it will undoubtedly set off a crippling effect for investors in real estate and elsewhere and ultimately doom the economy.
“The gains and forward-moving momentum that have taken place during the first years of the Trump administration would be stalled and indeed reversed if interest rates continue to rise,” remarked Scheel. “Keeping interest rates low have maintained a very attractive environment for investors in the financial industry and certainly in the commercial real estate market.”
According to Scheel, there are many factors in our overall economy that point to growth, principally job creation. One major underlying component that destabilized the last bull market and stalled economic growth and will undermine America’s current robust economy, was the unbridled raising of interest rates.
“When prior Fed Chairman Alan Greenspan raised interest rates for 17 consecutive quarters, it put the brakes on U.S. economic growth so aggressively that it caused an unprecedented and historic wave of defaults that shook the cornerstones of the banking world,” Scheel continued. “Destabilizing the very foundations of global finance vaporized 150-year-old institutions that became an asset grab and free-for-all the likes of which we may never see again.”
Historically, Scheel has successfully predicted oncoming economic collapses. As far back as 2005, Scheel was one of the first to predict the forthcoming financial crisis. In fact, he foresaw, in greater detail, the confluence of events, circumstances and decisions that caused a significant component of the great recession.
Now, after years of sustained recovery from the great recession, Scheel sees similar factors at play. While we have seen strong growth in GDP, excellent gains in employment including unprecedented gains for Latinos and African-Americans, Scheel says some of the same factors could undermine America’s growth and cause serious chaos in the global marketplace.
Scheel maintains that the most critical of these factors are:
The Federal Reserve Bank’s intent on continuing to raise interest rates in the face of a fundamental recovery
The re-negotiating of our trade agreements internationally
The end and the repayment of the qualitative easing investments that were used to bolster the economy during the last administration
Further, Scheel firmly believes that raising interest rates will undermine the significant amount of progress within urban revitalization projects both in the private and public sector.
“It is worth noting that the federal reserve bank did not raise interest rates one time during the Obama administration, with the exception of the last quarter of 2016 immediately after President Trump won the election,” added Scheel.
Since President Trump was inaugurated, interest rates have been raised five times.
“This is the worst time to miss the mark related to intelligent, forward thinking and measured increases in key lending rates,” Scheel says. “There are many demonstrable consequences that will cause an avalanche of dire results that could send us into a major economic tailspin if this activity and others are not curtailed and properly managed.”
For further information or for interviews with Commercial Academy founder and president J. Scott Scheel, please contact Matt Sheldon (917) 280-7329, mathewrsheldon(at)gmail.com
About J. Scott Scheel:
J. Scott Scheel is the founder and CEO of the Commercial Academy, the nation’s leading authority on creative Commercial Real Estate investment. His unique strategies for investing in multi-family housing, office buildings, Industrial/Manufacturing/distribution facilities, recreational development and retail shopping centers of any size have forever changed the world of successful Commercial Real Estate investing. Mr. Scheel is a self-educated, multi-millionaire entrepreneur and two- time Congressional Businessman of the year as recognized by the Wall Street Journal. Scheel is a recurring guest on Fox Business Network and has been featured in the Wall Street Journal and Forbes.
Scheel has amassed an amazing personal Commercial Real Estate portfolio with no formal education or previous experience. In the last 25 years he has bought or partnered on Commercial Properties worth in- excess of $500,000,000. Since the founding of the Commercial Property Academy, Scott has personally trained over 100,000 investors from 27 countries on 6 continents.
Through the Commercial Academy, he has taught over 1,000,000 students how to take their investment career to the next level by expanding into the ultra-profitable world of Commercial Real Estate. Scheel’s in-depth training methods cover all aspects of Commercial Properties including retail, malls, office, industrial, distribution, warehousing and land development.