They don't have a choice......corp debt positions for both public and private companies are in emergency territory with the rates this high. PE's are already having to call LP's and tell them their portfolio companies can't make the debt payment, which will trend higher as the rates are hiked.Yellen(the gnome) called an emergency meeting late this afternoon. I called it. Yield curve inversion is bending over everything. Fed will pivot within 90 days.
Thoughts on CMBS's?They don't have a choice......corp debt positions for both public and private companies are in emergency territory with the rates this high. PE's are already having to call LP's and tell them their portfolio companies can't make the debt payment, which will trend higher as the rates are hiked.
Question is, will they give lower rate guarantees to firms that adopt the CBDC to enforce the change they have been trying to implement through policy and FDIC forced control of a few banks.
As an investment opportunity? Most commercial properties are at less than 60% capacity, even worse in places like San Fran.Thoughts on CMBS's?
I contacted a commercial realtor yesterday. He's sees a capitulation in 4-6 months.As an investment opportunity? Most commercial properties are at less than 60% capacity, even worse in places like San Fran.
Can’t see how that’s not a contributor to the next bubble.
Interesting. I can try and grab some data off of Bloomberg , will circle backI contacted a commercial realtor yesterday. He's sees a capitulation in 4-6 months.