Commercial Real Estate Elephant
The Fed knows and it’s bad.
The banks have extended and pretended hiding losses creating fragility in the system.
$3 Trillion sits on banks books.
— Edward Dowd (@DowdEdward) November 12, 2024
Commercial Real Estate Elephant
The Fed knows and it’s bad.
The banks have extended and pretended hiding losses creating fragility in the system.
$3 Trillion sits on banks books.
— Edward Dowd (@DowdEdward) November 12, 2024