
CD93: Bank Runs and Macro Update with Dylan LeClair
Citadel Dispatch
Is That a Rock on the Box?
There's an interesting kind of reflexive relationship between, you know, confidence in a bank, it's equity price. That equity capital and what the bank can lend out as its assets are booming and its stock is as well. I mean, that's why the, these bank stocks were down 80%, right? It's because their deposits had gone down rates had gone up and cut into their margin and they invested on the long, that long duration crap. But yeah, if I'm, why would you hold a regional bank stock right now? Tomorrow is going to be really interesting.
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