
Ep 389. Interest Rate Hike, Credit Suisse’s Failure, and Other Banking + Economic Risks on the Horizon
Focused Compounding
00:00
The Risks of a Slowdown in the Economy
The banks warned about the risks they were exposed to in their 10Ks. They said part of our strategy is focused on providing banking products and credit to entrepreneurial and venture backed businesses, including companies that receive financial support from sophisticated investors. There are two reasons right now why people wouldn't bail out a bank, you know, buy a bank in terms of like private sector doing this. The other one is the possibility that you have in the case of something like Silicon Valley or PacWest loans and also potential relationships that don't yet reflect current conditions.
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