Sunday, February 11, 2024

Looks like Another "Tip of An Iceberg"...until it all sinks in

 

The ‘Greatest Real Estate Crisis’ Since 2008 Starts to Hit Banks

NYCB was downgraded to junk by Moody’s, PBB and Aareal saw bonds plummet on their US CRE exposure

A logo on a sign outside the headquarters of Deutsche Pfandbriefbank in Garching, Germany.

Photographer: Michaela Stache/Bloomberg
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Iran War’s ‘Inflationary Legacy’ Key to Stock Rally’s Longevity | Bloomberg + other sources

Elevated Treasury yields and sticky inflation mean the stock rally's longevity relies on sustained, high corporate earnings rather than ...