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The Wrap: Rate Cuts, FSOC Fantasy and CRE Deflation

  • Dec 11, 2025
  • 6 min read

Updated: Dec 14, 2025

December 12, 2025 | In this special edition of “The Wrap,” we give you our flow-of consciousness impression of the past week. Each week, we give our thoughts to Premium Service subscribers in advance of our new weekly collaboration with Julia La Roche.



“The Wrap with Chris Whalen" is released on YouTube, Spotify and Apple Podcasts over the weekend. And we get warmed up for Julia by speaking on The Business Briefing with Janet Alvarez on SiriusXM Radio Channel 132 at 9:00 AM on alternating Fridays. 


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