Credit Crunch, Winners & Losers, Cost of Care 8/8/23
The Exchange
00:00
The Raiden ANC and the Regional Banks
Mark Avelow, president of Potomac wealth advisors, along with CNBC contributor Jeff Kilburg was here on set with me. Mark: "No sector is better poised for expense reduction and mergers than the banking sector" The CRE has had an amazing run; it's up more than 15% in the past month. This is a higher beta sector, which is going to have more volatility as we see interest rates moving in a historic mannerup 500 basis points.
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