Strange, but true!

[James48843]

So I just looked over on “Stockcharts.com” to see how the indexes did today -

And this is what it told me the equivalent of our “S” fund did today- Symbol $DWCPF

It SAYS it’s up +714% today.

I kind of doubt that.

But seeing is believing.

 

[nasa1974]

So I just looked over on “Stockcharts.com” to see how the indexes did today -

And this is what it told me the equivalent of our “S” fund did today- Symbol $DWCPF

It SAYS it’s up +714% today.

I kind of doubt that.

But seeing is believing.

Thats what it shows on my phone app. Man I wish I was in the "S" fund today. Can you imagine waking up in the morning and looking at your "S" fund info. Although I expect it will be fixed before then.

 

[tsptalk]

Back to reality...

 

[nasa1974]

Sure, looks the metrics for the "S" fund are stilled screwed up.

 

[James48843]

Commercial Office Real Estate is n big trouble.

BREAKING: The delinquency rate on Commercial Mortgage-Backed Securities (CMBS) for offices surged 62 basis points in August, to a record 11.7%.

This is now a full percentage point above the post-2008 peak of 10.7%.

Since December 2022, the CMBS delinquency rate has risen by over 10 percentage points.

Additionally, the delinquency rate for multifamily CMBS jumped 71 basis points, to 6.86%, the highest in 9 years.

As a result, the overall US CMBS delinquency rate rose 6 basis points, to 7.29%, the highest in at least 4 years.

The commercial real estate downturn is now unfolding faster than in 2008.

 

[nasa1974]

As of now the "S" fund is in positive territory. Looks like they got the metrics fixed. Crazy few days for sure.