43 min listen
Breaking the Bank?: Weighing Looming Risks in the Commercial Property Sector
FromAll the Credit
ratings:
Length:
31 minutes
Released:
Jun 13, 2023
Format:
Podcast episode
Description
Just a few months ago, the market was confident that post global financial crisis, financial sector reforms, and regulatory scrutiny ensured that the U.S. banking system was rock solid, and that the next cycle's culprit would emanate from elsewhere. However, banking is once again front and center as investors weigh systematic risks from another prospective real estate crunch—this time in the commercial property sector. In this episode of PGIM Fixed Income’s All the Credit®, with guests Jason Pan, CFA, FSA, Securitized Products Credit Research Analyst, and David Jiang, U.S. Investment Grade Credit Research Analyst, we’ll outline the scale of the potential problem, including the cadence of decay and potential flashpoints in commercial real estate, and discuss potential transmission through the banking system, extension of credit, and the real economy. Brian Barnhurst, CFA, Co-Head of Credit Research, returns to All the Credit® as host, alongside Mike Collins, CFA, Senior Portfolio Manager. Recorded on June 9, 2023.
Released:
Jun 13, 2023
Format:
Podcast episode
Titles in the series (51)
Active vs. Passive, ESG Investing, and a Fixed Income Outlook with Mike Lillard, Head of PGIM Fixed Income and CIO: On the inaugural episode of 'All the Credit,' Host and Senior Portfolio Manager Mike Collins welcomes Mike Lillard, Head of PGIM Fixed Income and Chief Investment Officer. In this wide-ranging interview, the two discuss the debate over active vs.... by All the Credit