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6min chapter
Does the Fed Have Any Idea What It’s Doing? | Jeff Snider & Brent Johnson
Hidden Forces
The Importance of Credit Suites
Brent: I just want to comment on the listeners' questions in terms of what it made me think about. And that is that, first of all, we're not safe. Nobody in this life is safe in any existential sense of the word. It's interesting because I use a regional bank and I've felt safer in money market funds than any money I have at a regional bank that's over the FDIC deposit limit. The biggest surprise for me for Credit Swiss was honestly like it that it didn't happen earlier.
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