2min chapter

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Episode 31: Post-FOMC/SVB Analysis

Guggenheim Macro Markets

CHAPTER

The Banking Sector Contagion Risks and the Fed Decision

Jay Parini: Evan, I want to start with the two elephants in the room. The market crisis brought on by the collapse of Silicon Valley Bank and the Credit Suisse Rescue and the Fed decision that came out yesterday. Our focus has been on number one, evaluating the banking sector contagion risks in regionals especially. And then number two, evaluating any of the knock-on effects that this crisis could have on credit and on the economy more broadly. We're certainly expecting greater volatility, but that also means potentially greater opportunities as well.

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