
Surveillance: US Payrolls Crush Estimates
Bloomberg Surveillance
00:00
The Circuit Breaker in the Fed's Debt Crisis
Banks have much more stable deposit flows than anyone realizes, says Chris Routh. He thinks people are using bank stocks as a weapon against the Fed to try to get the Fed to change. You could see some action from the Fed or Treasury to reinstitute the tag program from 2008 that was guaranteeing transaction accounts," he said.
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