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Friedman: Why Economy is "Suspended in a Fragile Middle Ground"
Manage episode 487974518 series 3645668
Greg Friedman sees a "sluggish" summer ahead for the markets and points to affordability issues in the housing market as a central reason for economic pressures. He thinks the elevated 10-year treasury yield will keep mortgage rates higher for buyers, as well as owners of commercial real estate. He sees a "decade of underperformance" ahead for the commercial real estate market. In terms of the labor market, Greg thinks there are some cracks starting to show and believes it could be a challenging few years ahead.
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5439 episodes
Manage episode 487974518 series 3645668
Greg Friedman sees a "sluggish" summer ahead for the markets and points to affordability issues in the housing market as a central reason for economic pressures. He thinks the elevated 10-year treasury yield will keep mortgage rates higher for buyers, as well as owners of commercial real estate. He sees a "decade of underperformance" ahead for the commercial real estate market. In terms of the labor market, Greg thinks there are some cracks starting to show and believes it could be a challenging few years ahead.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
5439 episodes
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