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There will be bank failures caused by commercial real estate losses
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Birddy
Posted 3/9/2024 16:53 (#10659039 - in reply to #10658151)
Subject: RE: There will be bank failures caused by commercial real estate losses



ND

reformedbanker - 3/9/2024 06:41 Said Jerome Powell to Congress on Thursday. https://thehill.com/business/4516758-powell-there-will-be-bank-failu... Many have speculated on this but now it appears all but certain.


And it will be the regional banks, too many loans at low rates, without a hedge for rates going up 5% in a period of less than
2 years.  Tenants walking away, handing over the keys............



Edited by Birddy 3/9/2024 16:53
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