Stories Related to Fareed's Take: Reasons For Optimism

pimcoThomson Reuters"The real wave of distress is just starting" for commercial property debt, Pimco's John Murray told Bloomberg. He warned that bank failures could jump amid high exposure to commercial property loans. Bigger banks and non-bank debt funds should also be areas to watch. A "very high" concentration of distressed commercial real estate loans will be drive another spate of bank failures, Pimco's global head of real estate, John Murray, told Bloomberg."The real wave of distress is just starting," Murray said.

Travel host Samantha Brown thinks of airport terminals like malls or cities to make them more enjoyable. Joey Hadden/Business InsiderTravel expert Samantha Brown has tips to help you enjoy waiting in airport terminals. Brown, a seasoned traveler, emphasizes stress reduction by arriving early for flights. She suggests exploring terminals, people-watching, and helping others to enhance the experience.

Boy_Anupong/ Getty ImagesDr. Donald Chalfin is an ICU physician. He was diagnosed with liver disease and needed a transplant. Being a patient made him a better doctor, he says. This as-told-to essay is based on a conversation with Dr. Donald Chalfin, an internist, and director of external engagements and collaborations for diagnostics with Siemens-Heathineers.

Celine Dion sings onstage. Dave J Hogan/Getty ImagesCéline Dion spoke with Today's Hoda Kotb about the challenges of living with stiff-person syndrome. Before her diagnosis, Dion said she had a sinus infection or other illness when she had to cancel shows. But she said that the "burden" of not telling the truth about her condition was "too much."Céline Dion opened up about the "very difficult" challenges of living with stiff-person syndrome, and said she initially tried to brush off the illness as her body being run down from touring.

Apple CEO Tim Cook. Angela Weiss/AFP/Getty ImagesApple stock soared 7% to a record high as investors cheered developments unveiled at its WWDC event. Apple gained as much as $198 billion in market value on Tuesday. The iPhone maker is now just $29 billion in market value away from eclipsing Microsoft as the world's largest company.

ReutersBank of America predicts large-cap value stocks will start to outperform growth stocks. Value has underperformed growth stocks for two decades but that could soon reverse. Bank of America noted four sector ETFs to buy to take advantage of the trade. The most boring area of the stock market is poised for a "renaissance" of outperformance, according to Bank of America."Read my lips: Large.