3min chapter

Forward Guidance cover image

The Fed’s "Controlled Demolition" of The Financial System | Danielle DiMartino Booth

Forward Guidance

CHAPTER

The Negative Impact of the Commercial Real Estate Debt Crisis

Ira Jersey, one of my favorite analysts over at Bloomberg, he took his forecast for the 10 year yield down to 3% by year end. That's going to that's going to cure a lot of the ills regardless of what Federal Reserve policy does between now and the end of the year. We're seeing it on the corporate side. We've got large companies with $50 million or more in liabilities. And I argue that it will continue.

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