bank's balance sheets
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Nov 3, 2023 by David Friedberg · across every show →
Everything said about bank's balance sheets, oldest first
Nov 3, 2023 bearish
Friedberg: U.S. banks hold $3 trillion in unadjusted commercial real estate debt
“The three trillion dollars of debt that we just mentioned that sitting on all the bank's balance sheets is all being held at par. They're not discounting it at all, and they're not marking it as being impaired in any way.”