Year-End Quiet, Real Money Moves: Thin liquidity, loud signals.
Year-end liquidity is thin, and that’s exactly when process beats predictions. Today we cover muted equity moves, Asia’s mixed open, what the Fed minutes could mean for rates, and the latest read on mortgages, housing demand, and CRE debt conditions. Plus: a clean industrial comp that shows where capital is still committing—and a 20-minute “capital stack stress test” you can run with sponsors today. We also close with a Tax Law Radar update on 2026 IRS thresholds and what it means for ownership planning and lender diligence.
Until tomorrow, be the best human you can be.
~ Teresa Grobecker…
The skinny
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