US equities: “It’s a great time to be a stock picker”
Talking Heads
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The Implications of the Turbulence for the US Equity Market
We'll definitely see enhanced regulation for US banks. Regulators are in the process of forming more stringent requirements. The regulations will likely focus on that subset of banks below the largest four. We think these new requirements will be phased in over a considerable period of time, likely years.
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