High interest rates drive people to money market funds, reducing banks’ lending capacity and increasing caution

August 4, 2023 7:34 pm by CWR

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People are moving money from banks to money market funds due to high interest rates

This means banks will have less money to lend and they will be more careful with who they lend to pic.twitter.com/jmdzNAqR56

— Game of Trades (@GameofTrades_) August 4, 2023

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Capital Economics predicts 40% decline in commercial real estate values.

Commercial real estate values will crater as much as 40% in San Francisco, Chicago, New York City, Los Angeles, Boston, and Washington, DC. Capital Economics said.

— unusual_whales (@unusual_whales) August 4, 2023

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