Credit Suisse has fallen, and once again, it seems like the Swiss central bank stepped in before the inevitable, with UBS taking over. Our real estate focus this week is on the ramifications, with bond yields continuing to decline significantly. Investors are seeing something ugly on the horizon. We are now in the midst of a global banking storm.
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A historic week in Switzerland
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Credit Suisse has fallen, and once again, it seems like the Swiss central bank stepped in before the inevitable, with UBS taking over. Our real estate focus this week is on the ramifications, with bond yields continuing to decline significantly. Investors are seeing something ugly on the horizon. We are now in the midst of a global banking storm.