2min chapter

Forward Guidance cover image

The Fed’s "Controlled Demolition" of The Financial System | Danielle DiMartino Booth

Forward Guidance

CHAPTER

The VIX Equivalent of the Regional Bank ETF

When we're in a systemic risk situation, you and I will not have to talk about it. There will be not a centilla of doubt. We will know it if we wake up one day and Lehman Brothers has gone down. And that's exactly what we're seeing. We're seeing insolvencies. But if it's one insolvency at a time, even if it takes down many regional banks and it does not ignite systemic risk. That's systemic risk. It comes from where you're not expecting it to come from,. Not from the next bank that had that was that was lined up. One of the reasons traders are targeting these banks is because they're looking after

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