408. Beneath the Headlines: AI Spending, Inflation, Bank Earnings, & Austin Multifamily

Inflation cooled, bank earnings surged, and AI spending accelerated, but are the headline numbers masking what's really happening beneath the surface?In this week's episode of The TreppWire Podcast, we discuss why softer inflation may be a head fake, what record bank earnings reveal (and what they don't), how AI infrastructure investment is creating new economic bottlenecks, and why Austin's multifamily market highlights the growing gap between occupancy and cash flow. We also break down the growing wave of data center moratoriums, walk through a Back Leverage 101 on loan-on-loan financing and its risks, and share an exclusive client trading alert on Chicago's Aon Center. Plus, in this week's Digging Through the Data, we break down Austin's multifamily watchlist trends, rent concessions, and what recent loan vintages reveal about the market. Tune in now. Episode notes: Economic Inflation Update: Softer CPI & PPI, a Head Fake? (1:52)Bank Earnings: JP Morgan, Goldman Sachs & Morgan Stanley (7:06)AI Spending & IBM's Earnings Miss (15:06)Digging Through the Data: Austin Multifamily Concessions & Watchlist Trends (18:16)Back Leverage 101: Loan-on-Loan Financing & Its Risks (30:55)Trading Alert: Chicago's Aon Center Reappraisal (37:45)Data Center Moratoriums, Property Headlines & Credit Stories (45:38)Programming Notes (50:44)Shoutouts (54:57)Questions or comments? Contact us at [email protected]. Follow Trepp: X: www.x.com/TreppWire LinkedIn: www.linkedin.com/company/trepp