DRBLACBS For the 1st time since 2008 albeit at a lower delinquency & subtle shift, delinq. rates have crossed over the 50 Moving avg on the 3 month indicator. This is a significant event as this implies an increased likelihood of higher delinquency rates on commercial loans & duress set to increase 1.7% and the high end long term trend 2.5%
Anything above 2.5% would be apocalyptic...Soooo hopefully it doesn't come to fruition as properties shift from Office to Residents and industrial shifts to warehousing or datacenters
