DOW JONES WKN: CG3AA2 ISIN: US2605661048 Forum: Indizes Thema: Hauptdiskussion

The Commercial Mortgage Crisis Deepens: The delinquency rate for commercial mortgage-backed securities (CMBS) tied to office properties reached 10.4 percent in November 2024, approaching the 10.7 percent peak reached during the 2008 financial crisis. https://thedailyeconomy.org/article/the-commercial-mortgage-crisis-deepens/

Maday, maday vom Delta One desk. "We Are Approaching Levels Without Precedent" https://www.zerohedge.com/markets/goldman-derivatives-desk-we-are-approaching-levels-without-precedent

US Knete dreht Richtung EU...

11 out of 14 Risk indicators for G-Sibs hit all-time highs https://www.risk.net/risk-quantum/7960490/eleven-of-14-g-sib-indicators-hit-all-time-highs

Aggregate available-for-sale (AFS) Treasury holdings surge: 52.6% YoY jump in available-for-sale Treasury holdings at 42 US banks https://www.risk.net/risk-quantum/7960442/afs-treasury-holdings-surge-67bn-at-us-banks-in-q3

Behörden warnen vor „gefährlichen Tsunamis“ an US-Westküste

Die Volksbanken haben sich im Immobiliengeschäft verhoben. Dubiose Immobiliendeals, verschwundene Millionen https://www.focus.de/finanzen/banken/skandale-erschuettern-volksbanken-aber-die-manager-gehaelter-kennen-keine-grenzen_id_260528760.html

20 Milliarden Euro verloren: Institutionelle Anleger haben sich am Immobilienmarkt verzockt https://www.handelsblatt.com/finanzen/immobilien/immobilien-wie-sich-versorgungswerke-und-pensionskassen-verzockt-haben/100090898.html

Scope Ratings Structured finance monitoring report and 2025 rating outlook: the central bank rate-hiking cycle and high levels of uncertainty took a heavy toll on asset classes very reliant on portfolio collateral valuations. “Italian non-performing loan transactions backed by illiquid real estate saw the strongest downside ratings pressure, while instruments backed by operating commercial real estate also saw negative ratings drift, primarily driven by increased refinancing risks exacerbated by structural changes in demand for property types like office.” http://www.scoperatings.com/ScopeRatingsApi/api/downloadstudy?id=655d3297-15ed-4f8f-ad2f-06d5f1b27963

Wer Interesse an ETFs hat sollte hier ein Blick rein schauen. https://www.justetf.com/de/etf-profile.html?isin=IE00BDVPNG13#uebersicht

The Looming Debt Crisis: Is America Following The Path Of Collapsed Empires? https://www.zerohedge.com/geopolitical/looming-debt-crisis-america-following-path-collapsed-empires

Commercial Real Estate Bond Distress Reaches Record High https://www.zerohedge.com/markets/commercial-real-estate-bond-distress-reaches-record-high

Vermögensverwalter Flossbach sieht zunehmend Risiken für US-Aktien: "Die Fallhöhe ist höher geworden und die zu erwartende Rendite niedriger" https://www.boerse-frankfurt.de/news/Vermoegensverwalter-Flossbach-sieht-zunehmend-Risiken-fuer-US-Aktien-e9f26eb4-5280-4389-aa30-3128c0d3d350

Real-Estate Scions Are Breaking a Cardinal Rule: Many of America’s wealthiest families are, for the first time, selling off properties from their long-held real estate empires. https://www.wsj.com/real-estate/commercial/real-estate-scions-are-breaking-a-cardinal-rule-never-sell-c8d84253