2min chapter

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Bear Market Lessons (EP.306)

Animal Spirits Podcast

CHAPTER

The Stock Market Is Down 1 to 2% Today

I think if you're a regional bank shareholder you should be concerned because the concentration is just gonna get bigger JP Morgan and all these big banks are getting it bigger. I did see someone I want to have so many banks yeah. Someone on Twitter also said maybe we shouldn't let anyone in California have a bank like I kind of like that one. People are finally getting over the inertia of moving their accounts but don't you think all the biggest business accounts now are going to say what matters more to me like having the best rates or feeling the safest with my money? It doesn't make sense, he says.

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