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BCB104: JOE CONSORTI: Recession, Real Estate, Banks & Left Nipples (Macro Update)
Blue Collar Bitcoin
The Fed's Control of Commercial Real Estate
The Fed has shown the ability to backstop and stabilize the fed, right? But as we look at bigger credit stress out on the periphery, like that that's further from that epicenter, right? We're talking about commercial real estate here in particular. They have far less control of that and the issues are, are deep, but they're also wide. The magnitude of what they might have to do from a liquidity insertion perspective is hard to wrap your head around.
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