The CRED iQ CMBS delinquency rate has continued to rise, reaching 5.07% in August 2023. This represents a 40 basis point (0.40%) increase from a month prior, and an 177 basis point increase since January 2023. Notably, 62% of the newly delinquent ...
For many years, the commercial real estate market has been predicting the decline of traditional malls due to the rapid growth of E-Commerce and the decreasing revenues generated by traditional mall tenants. The adage "Only the strong survive"...
"Fed's bond-buying pullback is an unprecedented headwind for markets"
Jamie Dimon: "We've been 'spending like drunken sailors"
JPMorgan's Jamie Dimon warned of risks to the still-resilient US economy. Dimon joins a chorus of recent voices warning over the strong US economy powered by consumer spending.
The states with the highest credit card debt revealed
American households now have an average of $10,170 credit card debt, new data shows as record numbers say they are worried about being cut off from access to loans.
