EPISODE · Jul 22, 2024 · 1H 11M
Banks Are Cleaning House Of Their Bad Assets | Chris Whalen
from Forward Guidance · host Blockworks
Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG. Follow Chris Whalen on Twitter https://x.com/rcwhalen Follow VanEck on Twitter https://x.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (00:44) Overview of Chris' Banking Outlook (04:59) Bank of America (12:54) VanEck Ad (15:39) Charles Schwab (20:27) Credit Cards and Auto (27:21) Permissionless Ad (28:24) Commercial Real Estate (CRE) (35:51) Smaller Banks Are Leading The Larger Banks (40:34) Capital Markets Activity Is Picking Back Up (44:43) Private Credit & Private Equity (47:21) Synthetic Risk Transfers (56:42) Basel III Endgame Might Be Shelved If Trump Gets Re-Elected (01:18:58) What About The Chinese Shadow Banking System? (01:21:13) How Pettis Sees This All Playing Out (01:25:09) How Falling Real Estate Prices (And Stock Markets) Impact Sentiment In China __ 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.
What this episode covers
Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG. Follow Chris Whalen on Twitter https://x.com/rcwhalen Follow VanEck on Twitter https://x.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (00:44) Overview of Chris' Banking Outlook (04:59) Bank of America (12:54) VanEck Ad (15:39) Charles Schwab (20:27) Credit Cards and Auto (27:21) Permissionless Ad (28:24) Commercial Real Estate (CRE) (35:51) Smaller Banks Are Leading The Larger Banks (40:34) Capital Markets Activity Is Picking Back Up (44:43) Private Credit & Private Equity (47:21) Synthetic Risk Transfers (56:42) Basel III Endgame Might Be Shelved If Trump Gets Re-Elected (01:18:58) What About The Chinese Shadow Banking System? (01:21:13) How Pettis Sees This All Playing Out (01:25:09) How Falling Real Estate Prices (And Stock Markets) Impact Sentiment In China __ 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.
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Banks Are Cleaning House Of Their Bad Assets | Chris Whalen
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