S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Economy

More Bailout Cash For A New Bailout…Commercial Real Estate

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

R218533_855025The number of bailouts is becoming so large that new ones are hardly worth mentioning, But, when the lead story in The Wall Street Journal covers an fresh angle, it is hard to ignore.

According to WSJ.com, "according to research firm Foresight Analytics LCC, $530 billion of commercial mortgages will be coming due for refinancing in the next three years — with about $160 billion maturing in the next year."

There is only one thing to say about that. If almost every industry needs $100 billion or more and another $600 billion will go to create three million jobs, the rescue of the US economy is going to hit $2 trillion or $3 trillion.

The federal government can allow part of the economy to collapse completely pulling other sectors down with it, or save everyone. Both paths get expensive.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

At 59, Tapping a $1.5 Million 401(k) First Could Trigger $55,000 in Penalties and Taxes
Drew Wood |

At 59, Tapping a $1.5 Million 401(k) First Could Trigger $55,000 in Penalties and Taxes
Suze Orman to 50-Year-Old With $33K Divorce Debt Eyeing 401(k) Withdrawal: 'Don't Do It.'
Joel South |

Suze Orman to 50-Year-Old With $33K Divorce Debt Eyeing 401(k) Withdrawal: 'Don't Do It.'

Continue Reading

Douglas A. McIntyre |

The Obama Bailout Plan: Spending Beyond The Imagination

"That’s nothing." Percy had leaned forward and dropped his voice to a low whisper. "That’s nothing at all. My father…
Douglas A. McIntyre |

The Fed Movest To Bailout The Local Convenience Store

The Fed is not done proposing, and perhaps implementing, radical plans to save the economy. The latest installment in the…
Douglas A. McIntyre |

New CBO Estimates and the Death of Deficit Reduction

The Congressional Budget Office released new data that cover its forecasts for the economy in the short term and also…
Douglas A. McIntyre |

HSBC (HBC) Earnings: Storm Flags Go Up For US Banks

HSBC (HBC) is the latest money center bank to be clobbered by more write-downs. For the most recently reported quarter…
Douglas A. McIntyre |

China Bailout: Making The US Look Cheap

China’s new bailout package has been set up to make the US government look cheap. At $586 billion its ratio…
Douglas A. McIntyre |

The 192-Page Federal Budget: Drilling Down

The news media covered all the top line information about the new White House budget. Expenditures will be $3.8 trillion, if…
Douglas A. McIntyre |

No More Credit Cards: GDP Bleeds Out

There is something to be said for giving nearly everyone a lot of access to credit when the economy and…
How Investors and Economists Should View the Fed’s $4.5 Trillion Balance Sheet Reduction
Jon C. Ogg |

How Investors and Economists Should View the Fed’s $4.5 Trillion Balance Sheet Reduction

Wednesday, September 20, 2017, will mark the Federal Reserve’s September Federal Open Market Committee (FOMC) meeting announcement. The announcement also will include…
3 AI Stocks That Could Become the Next Trillion-Dollar Giant
Eric Bleeker |

3 AI Stocks That Could Become the Next Trillion-Dollar Giant

NVIDIA‘s (NASDAQ: NVDA) | NVDA Price Prediction historic rise in market value highlights the potential for other companies to join…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618