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The Basel III Endgame: Bank Regulation In A Post-SVB World | Steven Kelly
Forward Guidance
The Without Warning Sub Stack
Steven Kelly: What if the economy remains gangbusters, credit losses remain near zero or for risky stuff like autos and credit cards, you know, they remain within the models. How high can the Fed go? Is there some point at which the funding costs and the interest rate risk within the banking system that itself is a risk? He says things always get more fragile, the longer and higher rates go. Stephen Kelly: I don't know what the next piece on without warning is going to be part of the the name has two sort of two genesis.
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