Schwab Paper Losses in a Rapidly Rising Rate Environment

Wall Street is reeling from the bank collapses we’ve seen over the past week, with many now calling for the Fed to pause rate hikes as a result.

But former NEC Director Lawrence Lindsey warns that is the wrong response to what happened here. He’ll join us to make his case.

Plus, the CEO of Charles Schwab will join us exclusively to defend his banking strategy, and explain why Schwab won’t suffer a similar fate to Silicon Valley Bank.

And, plunging yields likely mean lower mortgage rates to come. Analyst Stephen Kim will join us with the housing stocks that could be a “buy” if rates stay lower.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.