Commercial real estate is probably the next pain point for regional banks and the stock market, according to BofA.
The bank noted that US regional banks account for 68% of all commercial real estate loans.
A combination of low occupancy and a wave of refinancing at higher interest rates could spell trouble for banks, stocks, and the broader economy.
[link] [comments] https://www.reddit.com/r/stocks/comments/121vpiz/commercial_real_estate_is_the_next_shoe_to_drop/
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