Letter to the Editor: Crain’s Chicago Business, Cloud Tax Gives Startups Sticker Shock in Chicago

Dear Editor, This letter is in response to John Pletz’s piece titled “Cloud tax gives startups sticker shock,” I’m pleased to avoid the chill in the air set by Chicago’s 5.25 percent cloud tax by choosing the warm and friendly business climate of DuPage County. Leaders in DuPage County have given us entrepreneurs abundant opportunities to expand our businesses without being burdened by excessive regulations and exorbitant taxes. Continue reading →

Suburban Office Vacancy Hits Lowest Level in 14 Years

By: Ryan Ori, Crain’s Chicago Business Suburban Chicago office landlords didn’t sign any blockbuster leases in the fourth quarter, but they still had reason to toast 2015. Overall suburban vacancy fell to 18.5 percent in the period, down from 19 percent in the previous quarter and 22.6 percent a year earlier, according to Chicago-based Jones Lang LaSalle. Vacancy, which climbed all the way to 25.4 percent in 2010 during a downturn, is at the lowest level since third-quarter 2001. Continue reading →

Calamos Investment Team Releases January 2016 Economic Outlook

The paper explains why the team expects bifurcation and volatility to remain dominant themes in 2016, making positioning especially important. Topics covered in the piece include the firm’s perspectives on: U.S. equities, emerging markets, Europe and Japan, convertible securities, high yield opportunities, and alternative strategies. Calamos invites you to read the entire Economic Outlook at www.calamos.com/outlook. Continue reading →