Why Bank Money Is Disappearing | Patrick Perret-Green

Published: May 12, 2023, 5:45 p.m.

b'Last year, Patrick Perret-Green, veteran bond trader and macro strategist, warned his clients that plummeting liquidity at regional U.S. banks could cause serious issues. Now that these issues have made themselves apparent with the fall of three U.S. banks, Perret-Green of PPG Macro joins Forward Guidance to share his views on bank liquidity, loan growth, and credit risks within banks as well as shadow banks. Filmed on May 11, 2023.\\nFollow Patrick Perret-Green on Twitter https://twitter.com/PPGMacro\\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____\\nUse code GUIDANCE10 to get 10% off Permissionless 2023 in Austin:\\nhttps://blockworks.co/event/permissionless-2023\\nResearch, news, data, governance and models \\u2013 now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/\\n____\\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:\\nhttps://rb.gy/5weeyw\\nMarket commentary, charts, degen trade ideas, governance updates, token performance, can\\u2019t-miss-tweets and more. Subscribe to the Blockworks Research \\u201cDaily Debrief\\u201d Newsletter: https://rb.gy/feusos\\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.\\nTimestamps:\\n(00:00) Intro\\n(00:28) Patrick\'s 2022 Warnings About Banks\\n(10:33) Credit Risks\\n(15:49) Shadow Banking System\\n(19:35) Permissionless\\n(20:38) Loan Growth\\n(29:17) Global Liquidity Is Collapsing\\n(34:32) Foreign Banks Are Having Issues\\n(37:20) The Pain Trade Is For The Dollar To Go Higher\\n(40:11) Rate Hikes "An Economic War Crime"?\\n(43:34) Commercial Real Estate\\n(49:42) Bank Run Risks\\n(56:14) Blockworks Research\\n(57:16) Where Are Interests Rates Headed?\\n(01:00:54) China\\n(01:08:50) Closing Thoughts'