Who's afraid of SVB?
Want to read more?
Subscribe to davidwoounbound.com to keep reading this exclusive post.
top of page
14 comentarios
Subscribers please log in to view the content
bottom of page
Subscribe to davidwoounbound.com to keep reading this exclusive post.
Hi David,
CS news is now everywhere and causing panic in the market now. I fully understood your views on SVB and they really convinced me. I wonder how is your view if CS goes bankrupt like SVB, will the story be different, could you share your thoughts, thank you.
David, not sure if matters for your thesis, but consumer debt service ratio remains low give very low mortgage debt service ration. Consumer debt service ratio is actually back to highest level since GFC. Employment is obviously key to be able to service that but if unemployment starts ticking up, how does that change the picture?
Thank you David for your excellent and timely analysis of SVB and banking nuances. Excellent call gentlemen on the UVXY hedge. I had a side position on it and closed out on Friday near the high of the day for a nice profit.
Dave.
A second large bank was taken over as you were doing this podcast.."Signature Bank".
What say you?
Hi David, the NIMs of US banks are at the historic high level but it‘s unlikely that it will stay that high for a long time. Depositor are also rationale beings and they are see that 1yr treasury is yielding 5% while they are getting nothing on their savings account. I was talking to friends in US, who are not from Finance industry, they all are considering investments in UST. JPM had also mentioned about the risk of NIM compression in Q4 earnings. They are already giving high interest rates to corporate clients and they will soon have to increase interest rates on retail deposit.