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Trump, Jamie Dimon, OPEC, and Markets

Bloomberg Intelligence

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The Moral Hazard Proved That the Fed Is Going to Step in and Not Let Even These Regional Banks Fail

I do think diversification is more on the minds of every CFO, every CEO, every board member now than it ever has been. The Fed is going to step in into a nasty situation and not let even these regional banks fail. And so we think that capital will get deployed. We just may see the debt equity mix change a little bit or we may see people wait until the Fed loosens a little bit before they fully finance some of these.

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