Despite the big names in finance and CRE who have embraced the near future, experts said that markets are likely near the bottom, and called it time to "buy, buy, buy," some are also saying, "sell, sell, sell." Particularly banks.

The high-level view comes from the Federal Reserve, which earlier this month revealed that, while the economy was improving, CRE loan delinquency rates continued to rise. They remain above long-term historical averages. The Fed added that parts of banks' CRE loan portfolios remain under stress. Conditions have continued to deteriorate.

Last week, Wells Fargo's shares dropped a little more than 8% even though earnings beat the consensus expectation, as Business Insider reported. Within a few days, the stock had more than recovered. But signs of concern were there. Goldman Sachs analyst Richard Ramsden pointed out that as the quarter continued, there was more revenue from low-margin fees and less high-margin net interest income. NII had declined from the previous quarter and the same quarter the previous year.

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