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Pod 20: March FOMC, Banking Collapses, Jerome Powell, 25 bps, and the Fed Navigating Sticky Inflation

Unusual Whales

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Commercial Real Estate Is Going to Be a Risk

The big risk to a bank is immediate risk of mark, being forced to remark their asset book. I think it's very different when we start to talk about other elements of the balance sheet that frankly take a really long time to play out. And sure, bank, small banks may not be leveraging up their balance sheet fast here over the course of the next year, but there will not be a crisis in small banks anytime soon.

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