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Bear Market Lessons (EP.306)

Animal Spirits Podcast

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Can the Stock Market Hold Up With Five, Four, Seven Stocks Carrying the Way?

For now, the damage from the fires seems to be relatively contained. My question is that there's got to be a moment with which it's like, all right, how many... Or does JP Morgan just become this behemoth and I don't know, Jamie Diamond's like the Fed? So, I'm not thinking about long-term ramifications of these banks going on because who knows? But at some point, you would think that the market is going to adversely respond to this. How many more bank failures can we take?

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