3min chapter

The Macro Trading Floor cover image

This Is It

The Macro Trading Floor

CHAPTER

The Regional Banks' Relief After the Fed Pulsing

Andres Andres: I still have the feeling that when I talk to investment committees from what I call real money players in Europe, most of them are stuck behind this move. But one thing I've also noted, Elf, and this could turn out to be very relevant, is that we've seen a shop reverse lower in the KRE, so the broad regional banking index in the US again. He says it's time to worry a little bit about these banks that do not like tighter monetary policy from here. "Up until two weeks ago, our regional banks are fine men. We haven't heard anything anymore for a couple of months"

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