Alfonso Peccatiello: The Flow of Credit to the Real Economy has Disappeared

In the past week, the US has seen 3 bank failures, a new lending facility from the Federal Reserve, and a rush of bankers using their identified collateral for new borrowing. Gold is getting a bid but the base metal complex is looking shaky.

We connect with the Macro Compass author, Alfonso Peccatiello, about these events, the regulations needed to prevent another bank run, the Fed's new creative tools, and what investors (and their families) might look at to survive the turmoil in the economy.  

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