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Will AI Replace Financial Advisors?

Ask The Compound

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The Fed and the FDIC Have Stopped the Contagion From Spreading

When it gets under the banking industry like this, there's no regulator politician in the right mind that's going to let the system fail. Unless you get a crazy person running one of these FDIC or the Fed or something, I don't see how that ever happens. The thinking of the FDIC and the Fed is a run on the bank is pure emotion, pure psychology. It's a contagion and we want to stop it here in its path. And if you look at the market the past two weeks, it seems as if the market is behaving.

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