What does the 2023 bank walk mean for the broader economy and the nature of banking? How should investors, too, be thinking about the bank walks and their impact on lending and the broader economy? VettaFi financial futurist Dave Nadig sat down with Bianco Research LLC president Jim Bianco and WisdomTree global CIO Jeremy Schwartz to discuss.
Speaking at the Camp Kotok financial gathering in Maine last month, the trio addressed a series of bank-specific and broader questions. They touched on the nature of modern banking, how concerned banks should be about deposits, the impact of bank walks on the overall economy, and gauged the potential for Fed rate cuts before the 2024 election, as well.
