Bear Market Signs: Why Japanese Banks Are Crumbling

Chris MacIntosh, co-founder of a macroeconomic investment community, joins financial analyst Lyn Alden to discuss the precarious state of Japanese banks. They delve into the impact of market volatility and recent rate hikes by the Bank of Japan, revealing significant losses in bank stock values. The duo highlights the risky investment strategies that exacerbate systemic risks and explore the ramifications of rising credit spreads on corporate debt, painting a picture of fragility in Japan's financial landscape.