The Coming Credit Crunch: Banking Risk and the US Debt Ceiling

Complete Intelligence

In this Week Ahead, Tony Nash is joined by Deer Point Macro, Fabian Wintersberger, and Albert Marko. The discussion focuses on US banks and the credit crunch, ECB & Europe’s banks, and the debt ceiling.
Deer talks about the recent market cap decline in US regional banks and highlights how the slow movement of bank deposit rates are causing depositors to push money into mutual funds. He also shares insights on how banks are provisioning for losses and discusses the potential impact on credit availability.
Fabian provides insights into the ECB’s decision to raise by 25bps and Madame Lagarde’s cautious stance. He also talks about the recent drama in the US over regional banks and expresses concern about the possibility of more wreckage with European banks.
Albert delves into the topic of the debt ceiling, which has recently been making headlines. He talks about whether most Americans care about it, whether US government employees go without pay, and the “full faith and credit of the US government” concept. He also explains why markets care about the debt ceiling and discusses how he expects the situation to play out.
Overall, the Week Ahead offers a thought-provoking discussion on some of the most pressing topics of the week. Tune in to get expert insights from our panelists.
Key themes:
1. US Banks. Credit crunch?
2. ECB & Europe’s banks
3. Debt ceiling
Follow The Week Ahead panel on Twitter:
Tony: https://twitter.com/TonyNashNerd
Deer: https://twitter.com/deerpointmacro
Albert: https://twitter.com/amlivemon
Fabian: https://twitter.com/f_wintersberger

Watch this episode on Youtube: https://youtu.be/HV7y49FTfVU