Do You Think We're Going to Have More Bank Failures?

I don't know that there's gonna be a lot more bank failures Dan but what you should avoid in your portfolio is anybody dependent upon third-party financing to keep the lights on. I think we're basically done raising rates which is not necessarily a good thing because stagflationary environment potentially pulls itself forward without curtailing or trying to contain inflation. The Fed next week so we'll see how strong Powell is going to be and you know if he's going to be hawkish or not.

Play episode from 01:02:38

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app