How Worried Are Actual Bankers About The Banking System? | John Maxfield

Mar 23, 2023

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All eyes around the world are currently on the banking system and the shockwaves rippling through it?

How bad is the risk of further contagion?

What's likely to happen next?

And how are bankers themselves looking at the situation? How worried are they?

To find out, we're fortunate to talk with banking analyst John Maxfield today, he's spent the past several decades covering the banking system and the players in it.

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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

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#bank #banks #banking

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