In this episode Scott Becker discusses:
- The big story today is the potential collapse of banking giant Credit Suisse.
- The Credit Suisse situation has futures down significantly after a great up day in the markets yesterday.
- Treasury yields are falling as there is an assessment that central banks best stop raising rates for now and amid a flight to safety by investors.
- The largest banks are raking in deposits. Let’s hope they are prudent in what they pay depositors and how they invest it.
- The politicians are out in full force trying to blame the other parties. What a mess our political class has become.
- Should the government bailout corporate depositors?
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