The TreppWire Podcast: A Commercial Real Estate Show cover image

199. Office Delinquencies Hit 5-Year High; Issuance Defies Debt Ceiling Drama; State of CRE Market

The TreppWire Podcast: A Commercial Real Estate Show

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The Fed Reached a Deal on the Debt Ceiling

I think we were set up for kind of a showdown when we didn't have a deal a couple of weekends ago. But ironically, it seems like they came together. Cooler heads prevailed. Both sides gave up something and we get a deal done,. And like you said, some spending, you know, caps in place for the next couple of years. I think from all perspectives, this is a good day, a good week for the US economy. It's great that the broader macro has calmed down on the debt ceiling. But I think we're going to have plenty to talk about over the next two weeks as the Fed contemplates another increased rate hike.

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