We’re in the midst of a general bullish trend, with strong year-to-date gains, but last week saw a brake on that rally, with a losing week across the main indexes. Call it a warning sign. While sentiment remains solid, the headwinds are gathering. The Federal Reserve held interest rates steady in its June meeting, after more than a year of hikes to combat inflation, but inflation, while down to 4% annualized, is still double the target rate. Conventional wisdom says that the Fed isn’t done hikin
Operator: Welcome to Claros Mortgage Trust First Quarter 2023 Earnings Conference Call. My name is Alicia, and I will be your conference facilitator today. .
Operator: I would like to remind everyone that today s call and webcast are being recorded. Please note that they are the property of Apollo Commercial Real Estate Finance, Inc.