Keeping it Simple with Simplify Asset Management cover image

Keeping it Simple | Ep. 24: We Don’t Need No Stinkin’ CFOs.

Keeping it Simple with Simplify Asset Management

00:00

The Fed Should Have Hedged the Market

There's probably plenty of blame to go around, which belongs to the Fed and some of which certainly belongs to the treasury management in these banks. I think the big issue is that the so-called deposit beta, right, when markets move this fast, ended up being hard to estimate and probably not linear. And there's some baseline amount of working capital in the system that has to stay in the bank, no matter what the interest rate is,.

Play episode from 32:08
Transcript

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