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.\n\nFollow Chris Whalen on Twitter https://x.com/rcwhalen\nFollow VanEck on Twitter https://x.com/vaneck_us\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\n__\nTimestamps:\n(00:00) Introduction\n(00:44) Overview of Chris' Banking Outlook\n(04:59) Bank of America\n(12:54) VanEck Ad\n(15:39) Charles Schwab\n(20:27) Credit Cards and Auto\n(27:21) Permissionless Ad\n(28:24) Commercial Real Estate (CRE)\n(35:51) Smaller Banks Are Leading The Larger Banks\n(40:34) Capital Markets Activity Is Picking Back Up\n(44:43) Private Credit & Private Equity\n(47:21) Synthetic Risk Transfers\n(56:42) Basel III Endgame Might Be Shelved If Trump Gets Re-Elected\n(01:18:58) What About The Chinese Shadow Banking System?\n(01:21:13) How Pettis Sees This All Playing Out\n(01:25:09) How Falling Real Estate Prices (And Stock Markets) Impact Sentiment In China\n__\nDisclaimer: 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.