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Wednesday, January 31, 2024
DATA HINTS: Deeper Concerns about Commercial Real Estate ++ Smaller Banks | Lisa Abramowicz @lisaabramowicz1
Lisa Abramowicz
@lisaabramowicz1
People are still clearly worried about regional banks. The market response to a surprise loss at NY Community Bancorp, with Treasury yields plunging and a drop in broader stocks, hints at deeper concerns about commercial real estate & smaller banks.
https://
bloomberg.com/news/articles/
2024-01-31/new-york-community-bancorp-slumps-on-surprise-loss-dividend-cut?utm_source=website&utm_medium=share&utm_campaign=twitter
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