Wealthion - Be Financially Resilient cover image

Weekly Market Recap: Bank Scare To Tank Markets & Trigger Recession?

Wealthion - Be Financially Resilient

00:00

Are You Getting Out of Trouble?

The number of FDIC insured banks, commercial banks in America has been cut in half since the start of the new millennium. Many smaller regional banks have shuttering because regulations are so onerous for these small guys that they just say, look, I can't do it anymore. If you're that big, right, then you should be able to weather your own storm, right? So if you get into trouble, you know, it's like, hey, Jacob Morgan, you're in trouble. That's on you. Go figure it out."

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app