Surveillance: US Payrolls Top Estimates
Bloomberg Surveillance
00:00
What's Your Thoughts on Regulation?
I think it's a little premature to be saying that at this time. The regulators have done a very good job in changing the system compared to where we were a pre-financial crisis, as you know. I would say that the regulatory picture and the capital levels are quite strong for these banks. Now, granted, we all know uncertainty creates fear. That's what we saw yesterday. But as cooler minds prevail, I think things will stabilize, and people will realize that this is not an 0809 or even a 1990 moment.
Play episode from 31:44
Transcript
