Hike and Pause: What the Fed Decision Means for You
Real Vision: Finance & Investing
00:00
The Fed's Fear of the Market
The deal that was struck between the FDIC and JP Morgan did no good in terms of comforting markets on the value of the collateral underlying loan book. Every single bank with a loan book with a large exposure to California real estate should be scared of the market right now, Andreas says.
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