Chris Whalen: “Higher For Longer” Interest Rate Regime Is Bad For Banks

21 Apr 2024 • 42 min • EN
42 min
No file found

Forward Guidance is sponsored by VanEck. Learn more about VanEck Bitcoin Trust (HODL) VanEck Bitcoin Trust (HODL) Prospectus: __ Follow Chris Whalen on Twitter Follow VanEck on Twitter Follow Jack Farley on Twitter Follow Forward Guidance on Twitter Follow Blockworks on Twitter __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets. Timestamps (00:00) Introduction (00:37) Banking Net Interest Income Is "Flat To Down" (04:26) Commercial Real Estate (CRE) (13:26) VanEck Ad (14:26) (17:31) Consumer Deposits Have Become "Toxic" (20:07) Schwab (22:15) Chris Expects Mid-Size Banks To "Do Better Than The Big Guys" Next Year (24:43) If There's No Recession, Are Bank Stocks Still Cheap? (27:41) Higher For Longer Will Continue To Be Bad For Banks' Core Business of Taking Deposits And Making Loans (30:19) Bank of America Should Be "Spanked" (32:59) Only A Few Fed Cuts Are Needed To Improve Banks' Position (35:13) Consumer Credit Continues To Be Fine ("Not Even At 2019 Levels") (37:10) Credit Risk Issues For Banks Are Primarily In CRE (38:12) New York Community Bank

From "Forward Guidance"

Listen on your iPhone

Download our iOS app and listen to interviews anywhere. Enjoy all of the listener functions in one slick package. Why not give it a try?

App Store Logo
application screenshot

Popular categories