AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Fed Chair Powell Says Goodbye To Era Of Easy Money | Jim Bianco & Joseph Wang
Forward Guidance
The Negative Effects of Rising Rates on Banks
I'm actually a buyer of banks at this level. I think banks are going to do very well. We're in an inflationary environment. So that means if you're a debtor, your income is increasing. But just broadly speaking, though, there are a lot of other places in the markets where we do have to be careful. The banking industry has been the worst performing within the financial sector over the last 14 years.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode