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An Update On The "March Banking Panic" | Weekly Round Up
Forward Guidance
The Negative Reinforcing Cycle of Western Alliance
I'm pretty sure I heard Joseph Wang talk about Western Alliance and his bank is being something that you'd be potentially interested in. When the stock goes down and deposits are also leaving the bank, there's this sort of negative reinforcing cycle. And I think he called actually in the midst of that that this would be an interesting stock and it's done obviously quite well since. But people are really worried about the small regional banks and they've actually fared better than some of the doomsayers certainly said.
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