HomeMarketsU.S. EconomyFriedman: Why Economy is 'Suspended in a Fragile Middle Ground'

Friedman: Why Economy is 'Suspended in a Fragile Middle Ground'

Greg Friedman sees a "sluggish" summer ahead for the markets and points to affordability issues in the housing market as a central reason for economic pressures. He thinks the elevated 10-year treasury yield will keep mortgage rates higher for buyers, as well as owners of commercial real estate. He sees a "decade of underperformance" ahead for the commercial real estate market. In terms of the labor market, Greg thinks there are some cracks starting to show and believes it could be a challenging few years ahead.

Morning Trade Live

10 Jun 2025

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