Regional banks will need to consolidate unless the Fed cuts rates aggressively, says Barry Knapp
Barry Knapp, Ironsides Macroeconomics managing partner and director of research, joins 'Squawk Box' to discuss the latest market trends, the state of the economy, regional banking crisis, the Fed's inflation fight, and more.
Пікірлер: 18
Time for another rate raise.
Rates arent high enough, clearly.
0% interest rates for 10 years. Now the punch bowl has been taken away. Banks were on the 0% rate for lending. Easy to lend hard to get the money back with rates higher.
Rates are right where they need to be.
They raise rates to fight inflation. now you need cuts wouldn't that work opposite on inflation.
@TheNewCarryTrade
3 ай бұрын
Yes, inflation is picking back up and all the Fed did was hint at rate cuts this year. Bidenomics has really put us in a tough position.
He talks about banks like they're addicts and we need to enable them to be addicts 😂
The US isn't going to cut rates aggressively, why should they? Maybe one or two rate cuts this year.
Sounds like more layoffs that somehow won't affect the unemployment rate
The " Pivot " = Bailing out Joe
@ichrisone
3 ай бұрын
China! bailing out China the debt issuers.
Smaller banks and commercial real estate banks are looking pretty bad.
alredy pumping
Monopoly!
This guy looks like the guy at billions. In the later season
Desy e dyferyt e byne b😮
Great interview. Besides wearing too much clothing
bitcoin is my bank now