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Pod 22: 5.0% CPI, the Macro + banking landscape, rate hikes or pauses, the federal reserve's decisions and inflation

Unusual Whales

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The Banking Panic in the US

The panic we saw seems to focus mostly on, say, on the West Coast and maybe around New York City because that's where Signature Bank was. So it doesn't seem to be affecting large banks very much. But I'd also note that in the US, we're a huge country. We have over 4,000 banks and a few thousand credit unions as well. Half of the US home mortgages are made through the capital markets.

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