First Republic Heads Toward Receivership, and Markets Eye Apple Earnings and Fed Decision 4/28/23
CNBC's "Fast Money"
00:00
The Future of Credit in the US
Timothy Stanley: I think by definition, who's going to bear the brunt of this? Pension funds, mutual funds that own debt in an environment where interest rates moved 500 basis points in a year. We have three major banks filling in the course of a month and a half and the S&P is higher. And I think the credit problems are just on the horizon now.
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