We live in interesting times. Some financial commentators continue to argue that we are not yet at the end of an economic bubble. Not all the pundits, but most of them, seem to base their position on the observation that yield relationships among various asset classes have widened, but remain approximately in place. The argument…
Participants at the CREFC (Commercial Real Estate Finance Committee) annual conference in June, highlighted the troubles that include weak demand, rising defaults and growing difficulty in refinancing maturing loans, Yardi Matrix writes in a special bulletin. “No matter how well loans are performing, takeout financing will be difficult,” said one panelist at the meeting of CRE Finance Council’s Annual…
There is a growing debate in financial circles over whether the U.S. Federal Reserve should move to a negative interest rate policy in an effort to stimulate the economy during the coronavirus crisis. Even President Trump has said more than once that he favors negative interest rates and considers them a “gift.” Yet Federal Reserve…