With cashflows slowing, buybacks may decline as well… The selloff in client holding hasn’t begun yet. Long way to go before a bottom is in sight.
An office landlord tied to money manager Pimco has defaulted on $1.7 billion of mortgage notes, per Bloomberg. — unusual_whales (@unusual_whales) February 27, 2023 The selloff in client holding hasn’t begun yet. Long way to go before a bottom is …