Concerns of higher-for-longer rates drown out positive earnings news

In this episode of the CRE Exchange, Cole Perry, Senior Market Analyst at Altus Group, and Omar Eltorai, Director of Research at Altus Group, delve into the latest economic indicators and their implications for the commercial real estate market.We discuss:- [00:00:29] The current state of the CRE market and the macroeconomic scene.- [00:00:51] The significant rise in the Atlanta Fed’s GDP forecast and insights from the Fed minutes.- [00:02:34] Concerns about potential inflation and the market’s reaction to the FOMC minutes.- [00:04:22] The impact of rising interest rates on CRE transactions and the challenges in determining property values.- [00:08:33] Key takeaways from recent retail earnings and the shift in consumer behavior toward discount stores.- [00:11:35] The potential downstream effects of retail trends on the industrial sector and the role of e-commerce.- [00:16:40] What to watch out for in the coming week, including Powell’s speech from Jackson Hole.Resources mentioned:Cole Perry -https://www.linkedin.com/in/coleperry1/Omar Eltorai -https://www.linkedin.com/in/omareltorai/Altus Group -https://www.linkedin.com/company/altus-group/GDPNow -https://www.atlantafed.org/cqer/research/gdpnowCME FedWatch Tool -https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html Thanks for listening to the CRE Exchange podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#CRE #CommercialRealEstate #Property