The Fed's mandate is to create stability in our markets that's key wine well did the fed create this problem by raising rates too far too fast or keeping it low for too long either way they've got to get a handle on this. When you have treasuries that that that kill a bank that's weird that's not something weird i think it does not in my bingo card and we're clearly too far on the long end of the treasury curve where you invested in.
Bloomberg News Wall Street Reporter Sonali Basak and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan break down the latest news on the uncertainty in the baking sector following the collapse of Silicon Valley Bank. Lands’ End CEO Andrew McLean discusses the apparel maker's earnings and the impact of inflation on consumers. Dr. Paul Spiegel, Director of the Center for Humanitarian Health at the Johns Hopkins Bloomberg School of Public Health, talks about the health issues as a result of earthquake that rocked Turkey and Syria. Bloomberg Businessweek Editor Joel Weber, Businessweek Markets and Finance Editor Pat Regnier and Bloomberg News Editor-at-Large Erik Schatzker discuss Businessweek Magazine’s coverage of the Silicon Valley Bank collapse. And we Drive to the Close with Vance Howard, CEO at Howard Capital Management.
Hosts: Carol Massar and Mike Regan. Producer: Paul Brennan.
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