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Markets Look Past Silicon Valley Bank's Collapse | Weston Nakamura

Inflection Point

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I Would Not Want to Be in Jay Powell Seat Right Now

I would not want to be in Jay Powell's seat right now. I think you've got to at least, at least continue to raise, raise by like 25 basis points. The expectation shift from one point it was a 30% chance that the market that he was going to raise 50 basis points. And this morning we had Liz Warren sending out a tweet basically excorating Jay Powell and putting the stress in the banking system at his feet. He is a dangerous man. So again, just to wrap up and kind of plug my show. This first episode being a bit deeper dive into Corona himself.

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