Banks Are Cleaning House Of Their Bad Assets | Chris Whalen

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.