What Will Cause The Next Market Crash?
Many Happy Returns
The Feds Worried About a Maturity Wall in Commercial Real Estate
Columbia property trust defaulted on $1.7 billion loans and Brookfield Asset Management abandoned two buildings in LA with $750 million in debt. The only question I think is whether it's going to be systemic. Will this just be a kind of fairly localized market impact by localized, I mean, particular sectors or will it spill out into the broader market?
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