In 2022, moving into 2023, the fastest rate of increases of the federal interest rate in history. So it is creating a lot of stress for something that I do again, want to stress is a 20.7 trillion dollar component of the US economy. The office environment around us, the campuses around us are not nearly as populated as they once were. And this was so much a how we work and corporate culture story for 2020 and 2021. It's becoming more of a financial story because these interest rates have climbed and are staying high.
The pressure on commercial real estate borrowers is amping up, but so is insider buying at the regional banks lending them money.
(00:15) Bill Mann and Dylan Lewis discuss:
- How rising rates and low occupancy rates continue to put pressure on interest-only commercial real estate borrowers.
- The follow-on effects that could hit regional banks.
- Why insiders at regional banks are buying up shares despite the pessimism.
(13:27) Ricky Mulvey talks with CNBC host Melissa Lee to talk about the new documentary "Making of the Meme King" and why founding a company is much different than turning one around.
Companies discussed: LOB, CHWY, GME, BBBY, BABA
Host: Dylan Lewis Guests: Bill Mann, Ricky Mulvey, Melissa Lee Producer: Ricky Mulvey Engineers: Rick Engdahl, Dan Boyd
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