The CRE Problem

I would like to highlight an article from last Thursday titled, “Second Wave of the Credit Crisis: Collapsing Commercial Real Estate”  It can be found at this link:

http://www.ibdeditorials.com/IBDArticles.aspx?id=335660380569943

The article gives a good summary of the Commercial Real Estate (CRE) situation as well as makes other interesting observations.

CRE is yet another huge, menacing problem area inherent in our current economic situation.

SPX at 1025.57 as this post is written