
Bailout Breakdown With Jim Chanos
MRKT Matrix
00:00
Is the Fed Going to Be Strong?
Jim Boulden: I think we're going to be in a very difficult environment here. The lag effects of all the rate hikes are, you know, hitting now obviously and then you're going to go into bank earnings. And that is for the most part, big business, banks haven't appreciated yet how much they can depend on politicians from one party down to carry their water. That's something investors should consider when it comes to corporate financial sector like American Express.
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