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Pod 19: Silicon Valley and Signature Bank Collapse, Regional Bank Crisis, The Fed's Response, CPI, and New Fed Policies for Markets

Unusual Whales

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Is the Regional Banking System Broken?

The Fed made this happen by hiking up interest rates so quickly after. And Randy's saying, really forcing all banks, not just Silicon Valley bank, but all banks to buy duration at the lowest rate on duration that you're ever going to see in our lifetimes. "You can glue it back together, but it's still a broken teacup," he says.

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