Rick Shane, J.P. Morgan's Head of Consumer & Specialty Finance team, and Richard Hill, Morgan Stanley's Head of U.S. CRE Research

Mar 27, 2021

Rick Shane and Richard Hill discuss the post-pandemic outlook on commercial real estate, banking, and consumer finance. They cover the comparison of economic crises, student loan forgiveness impact, asset class predictions, and the future of work dynamics.

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Introduction

00:00 • 2min

Analysis of JP Morgan's Market Cap Growth and Real Estate Industry Predictions

02:24 • 4min

Navigating Financial Crises: Lessons and Insights

06:26 • 19min

Analysis of Current Economic Stimulus and Lenders' Treatment of Consumers

25:51 • 2min

Navigating the Complexities of Student Loans and Debt Forgiveness

27:47 • 18min

Navigating Client Relationships and Real Estate Performance in a Shifting Market

45:56 • 7min

Exploring the Role of FinTech in Transforming the Financial Industry

52:50 • 3min

Outlook on Commercial Real Estate Post-COVID-19 and Comparison of Asset Classes

56:12 • 3min

Is Wall Street Upbeat About the Outlook of the Economy Post-Pandemic? Willy Walker interviews Morgan Stanley's Head of U.S. CRE Research, Richard Hill and JPMorgan's Head of Consumer and Specialty Finance Research, Rick Shane to discuss commercial real estate, banking, and consumer finance coming out of the COVID pandemic. They discuss the comparison of the Great Financial Crisis and the economic turmoil caused by the Pandemic, the likelihood of student loan forgiveness and the potential impact on the lending and housing spaces; and predictions pertaining to the performance of different asset classes, including multifamily, retail, and hospitality. 00:49 - Willy Walker provides background on Morgan Stanley and J.P. Morgan. 04:58 - Willy introduces guests, Rick Shane and Richard Hill. 06:19 - Rick and Richard offer the one stock they’re both in on right now . 09:33 - Rick’s “cautious” approach to the unprecedented events of 2020. 14:30 - Concerns the commercial real estate industry faced in 2020. 20:39 - How the market was able to come back strong. 21:43 - Rick and Richard rate Washington’s financial response to the COVID-19 pandemic. 25:26 - Are things really as good as they currently seem? 27:48 - The future of student loan forgiveness. 34:34 - Rick’s work in the auto finance industry and improving labor markets. 42:23 - The competitive side of remote work vs. in office work. 47:20 - Rich’s thoughts on inflation rates and how it relates to commercial real estate markets. 52:50 - Fintech vs. Traditional Finance Companies. 56:24 - Hospitality rebound and office rebound on the other side of COVID-19. Listen to find out Richard and Rick's biggest concern about the commercial real estate sector.

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