What's with the quiet over commercial real estate lending?
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 10 November 2025
⏱️ 8 minutes
🧾️ Download transcript
Summary
Commercial real estate has been struggling in the years since the pandemic. Office attendance has risen, though not as much in smaller cities. And while big banks might not be voicing concerns over this, lending for commercial real estate is a major deal for regional and community banks. We discuss. Also on today's program: markets react to a potential end in sight for the shutdown, and big movies around the holidays could drive ticket sales.
Transcript
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| 0:00.0 | Financial markets are taking these developments seriously on possibly reopening the government. I'm David Brancaccio in Los Angeles. We're coming off the worst week for NASDAQ stocks since what the Trump administration called Liberation Day tariffs whipsawed financial markets last April. Now, this morning, stock index futures, well, in fact, the stock indexes are pointing |
| 0:22.5 | to a strong opening, given the news that you've been hearing about moves in the Senate |
| 0:26.8 | toward ending the government shutdown. The House would still have to vote on this and the |
| 0:31.0 | president would still have to sign the budget deal required. Let's consult economist |
| 0:35.0 | Julia Coronado, founder of macro policy perspectives. |
| 0:38.1 | I mean, it certainly does reduce a near-term source of disruption and uncertainty. Of course, |
| 0:43.9 | the stock market likes to just go up in general, so it's not a hard conclusion, but it certainly |
| 0:49.4 | is contributing probably to a better mood to start the week. |
| 0:52.4 | You can see a bounce would happen in maybe some of this flagging consumer confidence if the |
| 0:58.7 | government reopens. I mean, there's a lot of people suffering because of its consequences, |
| 1:03.1 | especially government workers, right? But the emerging deal doesn't seem to address the key issue on the Democratic side of restoring the subsidies to Affordable Care Act health plans. |
| 1:16.6 | And that could impact consumer confidence as we turn into the new year. |
| 1:21.4 | That's right. It pretty much guarantees the expiration of the ACA subsidies, and that affects 17 million people, and they will see |
| 1:30.0 | higher premiums. And so that will hit their pocketbook starting in January. It offsets about |
| 1:36.3 | a third of the tax cuts that they legislated for households. So, yeah, it'll definitely |
| 1:42.5 | hit a large number of households at the new year. |
| 1:46.1 | All right. |
| 1:46.6 | Economist Julia Coronado is also a professor at the University of Texas, Austin. |
| 1:50.3 | Thank you. |
| 1:50.9 | My pleasure. |
| 1:52.0 | The CEO of Movie Theater Chain AMC thinks movies are about to have their best quarter in six years. |
| 1:58.1 | Here's Marketplace's Henry Ep. |
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