Investing Power Hour #56: No MSFT/ATVI Deal; Big Tech Earnings; Update on Banking Crisis
Chit Chat Stocks
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The Future of Savings and Deposits in the Banking System
The big banks are in an interesting spot because they probably aren't going to have to raise their whatever their savings account yield. They're seeing major net interest margin compression as some people go into CDs or money market funds and out of the banking system. We've seen a bank we cover don't own right now but fall pretty closely having on the watchlist is Ally financial.
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