Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.

Follow Chris Whalen on Twitter https://x.com/rcwhalen

Follow VanEck on Twitter https://x.com/vaneck_us

Follow Jack Farley on Twitter https://twitter.com/JackFarley96

Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance

Follow Blockworks on Twitter https://twitter.com/Blockworks_

__

Timestamps:

(00:00) Introduction

(00:44) Overview of Chris' Banking Outlook

(04:59) Bank of America

(12:54) VanEck Ad

(15:39) Charles Schwab

(20:27) Credit Cards and Auto

(27:21) Permissionless Ad

(28:24) Commercial Real Estate (CRE)

(35:51) Smaller Banks Are Leading The Larger Banks

(40:34) Capital Markets Activity Is Picking Back Up

(44:43) Private Credit & Private Equity

(47:21) Synthetic Risk Transfers

(56:42) Basel III Endgame Might Be Shelved If Trump Gets Re-Elected

(01:18:58) What About The Chinese Shadow Banking System?

(01:21:13) How Pettis Sees This All Playing Out

(01:25:09) How Falling Real Estate Prices (And Stock Markets) Impact Sentiment In China

__

Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Hour 2: Count on Caleb?