2min chapter

The Pomp Podcast cover image

#1223 Jeff Weniger On State Of The 2023 Macro Economy

The Pomp Podcast

CHAPTER

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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