Surveillance: Banks In 4% Rate World
Bloomberg Surveillance
00:00
The Banking System Cannot Handle Rates Where They Are
There could be multiple elevation because of the low yields, which you can't expect the market to do well in the context of downward revisions in earnings. A lot of people are looking at signs that perhaps things are cracking a bit more in the US than in Europe and that things are slowing down. There's something to be said for the synchronicity of business cycles around the world. We're going to start to see a weaker dollar.
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