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Forward Guidance is sponsored by VanEck.
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
Timestamps
(00:00) Introduction
(00:37) Banking Net Interest Income Is "Flat To Down"
(04:26) Commercial Real Estate (CRE)
(13:26) VanEck Ad
(14:26)
(17:31) Consumer Deposits Have Become "Toxic"
(20:07) Schwab
(22:15) Chris Expects Mid-Size Banks To "Do Better Than The Big Guys" Next Year
(24:43) If There's No Recession, Are Bank Stocks Still Cheap?
(27:41) Higher For Longer Will Continue To Be Bad For Banks' Core Business of Taking Deposits And Making Loans
(30:19) Bank of America Should Be "Spanked"
(32:59) Only A Few Fed Cuts Are Needed To Improve Banks' Position
(35:13) Consumer Credit Continues To Be Fine ("Not Even At 2019 Levels")
(37:10) Credit Risk Issues For Banks Are Primarily In CRE
(38:12) New York Community Bank
This week Ben Miller Fundrise Co-Founder and CEO joins the show. We begin by discussing the U.S public debt problem as debt to GDP remains elevated over 100%. For the second half of the conversation, we deep dive into the current state of the U.S real estate market focusing primarily on CRE. Enjoy!
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Forward Guidance is sponsored by VanEck.
Learn more about VanEck Bitcoin Trust (HODL) http://vaneck.com/HODLFG.
VanEck Bitcoin Trust (HODL) Prospectus: https://vaneck.com/us/hodlprospectus.
--
Follow Ben: https://twitter.com/BenMillerise
Follow VanEck on Twitter https://twitter.com/vaneck_us
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance
Follow Blockworks on Twitter https://twitter.com/Blockworks_
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Timestamps:
(00:00) Introduction
(00:47) The U.S Debt Problem
(08:25) Private vs Public Debt
(15:02) VanEck Ad
(16:05) Can The U.S Handle Higher Interest Rates Past 2024?
(31:22) Commercial Real Estate & The Debt Duration Reset
(35:26) The Commercial Real Estate Time Bomb
(47:02) State Of The Housing Market
(49:24) Prices Are Not At Distressed Levels... Yet
(56:03) The Bull Case For CRE
(01:05:59) The Real Estate Sector Is Praying For A Recession
(01:07:28) Lending & Private Credit
(01:12:16) What Happens If Rates Stay Higher For Longer?
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
