#1223 Jeff Weniger On State Of The 2023 Macro Economy
The Pomp Podcast
00:00
The Bank Walk
When SBB and Signature were going under, that's the run. Jay Pound might want to go to 6%. There's a lot of these banks. I think the national average stateings account rate is 0.5 something. It goes up like a basis point a month. The bank walk is what am I doing here? I've got this checking account. They're paying me. Screw that. I'm moving the money. That's the bank walk."
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