When you think of a regional or a local bank, they have a great deal of exposure to the area in which they are operating. So when there is any kind of movement at all on the asset value, it can really impair the bank's capacity to land. Bill, based on our conversation so far, I think we would be generally looking at pessimism in commercial real estate and also pessimism in some of the banks that service those loans and make those loans available.
The pressure on commercial real estate borrowers is amping up, but so is insider buying at the regional banks lending them money.
(00:15) Bill Mann and Dylan Lewis discuss:
- How rising rates and low occupancy rates continue to put pressure on interest-only commercial real estate borrowers.
- The follow-on effects that could hit regional banks.
- Why insiders at regional banks are buying up shares despite the pessimism.
(13:27) Ricky Mulvey talks with CNBC host Melissa Lee to talk about the new documentary "Making of the Meme King" and why founding a company is much different than turning one around.
Companies discussed: LOB, CHWY, GME, BBBY, BABA
Host: Dylan Lewis Guests: Bill Mann, Ricky Mulvey, Melissa Lee Producer: Ricky Mulvey Engineers: Rick Engdahl, Dan Boyd
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