Wednesday, January 31, 2024

DATA HINTS: Deeper Concerns about Commercial Real Estate ++ Smaller Banks | 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. bloomberg.com/news/articles/

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Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

  US National Weather Service Phoenix Arizona   t͏ o͏ r͏ o͏ S͏ d͏ n͏ p͏ e͏ s͏ 5͏ 3͏ 8͏ c͏ u͏ 5͏ a͏ 6͏ 1͏ t͏ f͏ 2͏ c͏ 6͏ m͏ g͏ 4͏ u͏ i͏ 1͏ 5͏...