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CD93: Bank Runs and Macro Update with Dylan LeClair

Citadel Dispatch

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The Stock Market Shuts Down on Weekends, but Futures Open on Sundays

Two months ago when we recorded there hadn't been two bank runs. We've had Silvergate go down, and we've had Silicon Valley bank go down. So yeah, I think we're going to see more of this. The FDIC is going to run out of money at some point. But ultimately it's just going to be socialized dollars circulating over the long term. There's going to be a whole lot of word jargon about what's actually happening.

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