NOT FOR REPRINT
Page Printed from: globest.com/author/profile/Erik-Sherman?page=83
Sign In To follow
The smaller banks are growing loans and large deposits; the larger banks have become more cautious and are holding more cash.
When Treasury yields run as high as they've been doing, many people will say, 'Why take a chance?'
Credit markets are already tight. Are they about to become even tighter?
But the company doesn't expect things to improve overall until mid-to-late 2024.
Blackstone's CTO talks about how the company uses AI. This isn't for the faint of heart.
But following the Treasury rate is very hard to do.
The giant asset manager says geopolitics, aging populations, and energy prices are the major reasons.
When times are trying, it makes sense for property owners to see what is happening with occupiers' customers and workers.
The company points to 'the recent move higher in interest rates and continued uncertainty around Fed actions.
Regulator Adrienne Harris sees the need for more monitoring, faster examinations, and concern over CRE loans.