Bank Risk, Corporate Versus ABS Spreads, and ECB’s Rate Cut

This week, our 3 Things are:1.   Banks. The FDIC is out with its quarterly assessment. Fresh data on all of those risks you’ve read about.2.   Corporate versus ABS spreads. There’s been a fairly dramatic move in the differential. We’ll explore.3.   ECB rate cut. It comes at a time when it forecasts higher inflation. Does that make sense?