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I am shocked that commercial real estate and CMBS hasn’t imploded yet. I thought for sure when rates spiked that would be the cause of the next recession and lead to the big print as our friend Larry Lepard would say.
I am too. You would have thought the effects of the covid lockdowns would have done it in.
I am shocked that commercial real estate and CMBS hasn’t imploded yet. I thought for sure when rates spiked that would be the cause of the next recession and lead to the big print as our friend Larry Lepard would say.