MacroVoices #368 Charlie McElligott: Banking Crisis, FOMC, 0DTE, CTAs & more
Macro Voices
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Are We Going to Have Too Big to Fail Banks?
"When you don't have access to perpetual funding at zero, these models don't work," he says. "If they're touching this much of the lending and the money flow ... we just accelerated into a pretty substantial heart landing" But it would be hard for regulators to stand in the way of an acquisition that's designed to essentially catch a failing bank before it fails, Rafferty adds.
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