Commentary

If you need more proof of climate change, look to the insurance markets. The increasing frequency of natural disasters have driven major insurers from heavily exposed states like California and Florida. The number of billion-dollar disasters has increased precipitously over … Read More →

Rolling fields, rolling hills, rolling stone, rolling in the dough. And now, rolling recession? As we continue to assess macroeconomic uncertainty and whether a soft (or not so soft) landing is on the way, the term “rolling recession” has been … Read More →

New York Community Bancorp (NYCB) has become the face of our fears around the regional banking industry. Market analysts are linking the stock plummet to macro concerns over overweight commercial real estate (CRE) loan portfolios. The outlook for the CRE … Read More →

The Fed’s announcement this past week sparked concern over 2024’s place in the economic cycle. Will inflation subside enough to lower rates by early spring? Will persistent high interest rates push the economy into a hard landing? Has the risk … Read More →