
Something, Somewhere, Is Going to Break w/ Jeffrey Snider
Raoul Pal: Real Vision
00:00
The Economic Impact of the Fed Cut on Commercial Real Estate Prices
Commercial real estate is weighing down on these portfolios that needs to be worked out like Europe I think this is the same as the European crisis was a banking level it ended up on the balance sheet of the ECB in the end. As the economy rolls over and gets worse we head toward into head into recession maybe even worse recession that does what to commercial real estate prices they're going to continue to fall. The probability of having to mark these portfolios is commercial real estate assets down only goes up so there's no help from central banks either.
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