"Buy when others are fearful!" Goldman Sachs bottoms out US commercial real estate securities

Wallstreetcn
2024.09.13 02:37
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Goldman Sachs' investment director Lindsay Rosner stated that despite high vacancy rates and capital cost issues in the US commercial real estate sector, the overall asset class has not encountered problems. Goldman Sachs is optimistic about Commercial Mortgage-Backed Securities (CMBS) and sees many investment opportunities in this area. Despite market tensions, CMBS has outperformed investment-grade corporate bonds. Rosner is optimistic about the credit market outlook, believing that the possibility of a US economic recession is only 15% to 20%