With the Fed signaling "pivo" and the World Bank warning of slow growth ahead, what is the health of the banking sector? Can they weather the storm or will the Fed need to bail them out again?
CDSs (Credit Default Swaps) in the US have recently traded higher than in Spain. Is this accurately telling us the credit risk situation for the US?
Bank lending growth is weak and slowing. This is partly due to bank loan approvals at half of the preCovid levels. Another indication of a Bidenomics recession alert.
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