This collapse in broader CMBX indexes as “the big short 2.0” gradually comes to fruition, has led to spillover effects across the entire Commercial Mortgage-Backed space, resulting in the first hung deal.
— Read on www.zerohedge.com/markets/big-short-2-explodes-citi-deutsche-bank-stuck-billions-unsellable-cmbs-debt
The market isn’t. It’s Marxets now.
TRUMPUSSOLINI 