Surveillance: Risk Management with McWilliams
Bloomberg Surveillance
00:00
The FDIC's Table of Bank Failures
I think we could see continued stress in the banking system broadly, but very much at the lower end as we work through some of these COVID excesses. I'm not sure that we're out of the woods, but I do think that the big booms have probably been heard. And that's why you shouldn't be pricing in higher rates off the back of this robust data because ultimately the banks are going to take care of business.
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