Can The Fed Keep Raising Rates Amidst A Banking Crisis? | Michael Howell
Inflection Point
00:00
On the Margin - A Very Special Offer From Blockworks Research
SVB was criticized heavily for not hedging interest rate risks. Is this a fair criticism of SBB and for the banking sector writ large? Well, I think it's the result of the thing that we go back to, which is an inverted yield curve. And so you either you know, fess up to that and reported, but then your shareholders won't like that or you find ways of essentially disguising that. That's what we're looking at rates have to come down.
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