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Pod 22: 5.0% CPI, the Macro + banking landscape, rate hikes or pauses, the federal reserve's decisions and inflation

Unusual Whales

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The Banking Crisis Is Different From the Last War

I think that a lot of the comments here you see almost seems to anticipate it could potentially follow a similar path of the dominoes falling. The last crisis was understandably hard for someone to catch because it involved very complex securities. This problem at SBB could have been caught by someone with HP-12C and a lick of common sense. It really wasn't a duration question which is about as plain as you can get. That's my two cents on the banking issue is I think that it's not likely to be something.

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