Richard Parkus of Deutsche Bank has updated his Commercial Real Estate outlook with Q2 data. Check out how much the situation has deteriorated since the end of Q1.
First, here's where things stood at the end of Q1. The lines on the chart are the percentage of loans that are delinquent, measured by length of delinquency (the black line is the average). Deutsche Bank (bearish) was looking for 3.5% average delinquency by the end of the year.
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obama and his gang have to go
ReplyDeleteHope and change...yeah right.
ReplyDeleteDo you two anon's think it makes a difference whether Obama is president or McCain or Bush 1 or Bush 2 or Clinton. They are all pushing the same agenda. Americans' haven't had a President who gave a damn about them since Kennedy. And we all know how that turned out. Look, the next president who reinstates Kennedy's Executive Order 11110 will be the one I will look to for hope and change.
ReplyDeleteMorpheus said it! Bushies started it and Obama just took the stick, kept running and a lot faster, I might add!
ReplyDeleteThe world economy is a big thing and it moves fairly slowly. It's sort of like a long slow freight train. Takes a long time to get up to speed, takes a long time to come to a stop.
ReplyDeleteFor those of us that understand economics, we already know the entire world is going into a depression the likes of which the world has never known.