Banking Crisis | Bloomberg Surveillance 03/24/2023

>> > > INFLATION IS THEY TRICK. THE CREDIBILITY IS STILL ON THE LINE. >> > > DO NOT THINK THERE IS A DANGER
> > THE FED IS GOING TO BE ON.
HOLD UNTIL RISING COST OF LIVING COMES DOWN” S TO SOMETHING CLOSER TO.
2% AS WELL AS I BELIEVE THAT IS GOING TO TAKE A WHILE.

>> > > THIS IS “” BLOOMBERG.
SURVEILLANCE.”” JONATHAN: I HAVE FORGOTTEN WHAT DAY IT IS. LISA: IT IS MONDAY. JONATHAN:.
LIVE FROM NEW YORK CITY CITY, GREETINGS. ACCURATELY NOTIFIED IT IS FRIDAY. EQUITY FUTURES DOWN THREE QUARTERS OF 1%. DEUTSCHE FINANCIAL INSTITUTION DOWN 12% OVER IN GERMAN TRADING. UBS DOWN 6%. LITTLE DRAMATIZATION. 6% IS UNCHANGED. PRETTY TRICKY THINGS OR A FEW OF THESE NAMES. LISA: IT IS NOT JUST IN THE SUPPLY.
COST. YOU ARE SEE IT IN THE CREDIT.
DEFAULT SWAPS. AT WHAT FACTOR DOES INDICATE WE.
ARE NOT OUT OF THE TIMBERS? THIS IS A LARGER PROBLEM. DEBBIE AS WELL AS THESE MEASURES AS WELL AS AUTHORITIES CLAIMING ALL IS CLEAR.
THE BANKING SYSTEM IS AUDIO AND RESILIENT BUT STILL. JONATHAN: SECRETARY YELLEN FOR THE IS–.
BINDING AND DIFFERENT METHOD TO SAY THE EXACT SAME POINT. THAT” S BEEN THE LAST PAIR OF WEEKS FOR HER. I REALLY FEEL NEGATIVE FOR THE TREASURY SECRETARY.ALMOST LEFT FOR SLAUGHTER IN.
THE EYES OF MANAGEMENT WE HAVE NOT HEARD MUCH FROM APART.
FROM A STATEMENT FROM SUNDAY NIGHT. LISA: I WOULD AGREE. THERE ARE SPECIFIC POINTS NOT IN HER PROVINCE. IT WAS CLEAR FROM THE HEARINGS IN YOUR HOUSE THE OTHER DAY A GREAT DEAL OF.
POLITICAL LEADERS WERE NOT INTERESTED CHATTING REGARDING DOWN PAYMENT INSURANCE POLICY. THEY WISH TO TALK ABOUT THE SPENDING PLAN, DEBT CEILING AND ALL.
MUCH CAN SHE SAY? IT IS THE VERY SAME POINT SHE STATED ONCE AGAIN AND ONCE MORE. WHAT ELSE CAN SHE SAY?
WHILE WE CRITICIZE A THE. TREASURY ASSISTANT THE PEOPLE QUESTIONING HER. OTHERWISE THEY SHOULD BE PRODUCTION
REGULATION? LISA:. HAD SHE COME OUT AND ALSO SAID WHAT WE DEMAND TODAY IS FULL. DEPOSIT BACKSTOPS. YOU HAVE TO HOP ON BOARD WITH.
THAT. THAT WOULD REASON PANIC IN MARKETS.
WHY SHE LOBBYING FOR THIS AT A. TIME INDIVIDUALS ARE SAYING SYSTEM IS RISK-FREE AND NOISE? JONATHAN:. LISA: WE TAKE An APPEARANCE AT WHAT INDIVIDUALS.
JANUARY NEXT YEAR. IT SHOWS YOU JUST HOW MUCH THIS. CIRCUMSTANCE HAS ALTERED.
WE HAVE BEEN IN WINDOWS. ECONOMIC DATA ISSUE AS WELL AS WE
REMAIN TO SAY IT IS THAT WERE. LOOKING UNTIL IT IS NOT.
WE ‘ RE GOING TO GET FINANCIAL. WHAT WE SAW IN EUROPE WAS
. ONGOING STRESS IN THE GOOD MARKET, DISINFLATION AND.
JUST HOW MUCH DO WE REMAIN TO SEE. THIS? DO WE SEE SOFTENING IN TERMS OF.
WHEN PROBABLY, sturdy PRODUCTS ORDERS AND ALSO WE SEE RECOVERY AT A TIME.
RATE OF INTEREST ARE GOING DOWN.9:30 A.M. WE HAVE FROM FED HEAD OF STATE JAMES BULLARD. HAS SOMETHING CHANGED.
MATERIALLY THAT FED AUTHORITIES CAN POINT TO AND ALSO SAY MARKETS WE.
GOT YOU, WE SEE YOU, WE UNDERSTAND WHAT YOU ARE STATING,.
OR ARE THEY GOING TO CONTINUE TO TRY TO PUSH BACK. TODAY QUOTES SCHEDULE FOR THE.
SILICON VALLEY FINANCIAL INSTITUTION. THERE ARE SOME DEAL WITH.
CONSUMERS BANK BEEN WENT OVER FOR SOME ALL OR SEVERAL OF THE.
BANK. THE REALITY THAT THE FDIC PUSHBACK.
QUOTES AS WELL AS AVERAGELY BEEN FEE LAST WEEK, THE FACT THAT THEY.
DID THAT NEED TO RAISE CONCERNS. DOES NOBODY WANT A CHILD? DO THEY WANT A BETTER BID? THEY NEED EVEN MORE TIME TO UNDERSTAND WHAT THE RESPONSIBILITIES.
THEY TAKING ON THE AUTOMOBILE JONATHAN:.
THEY LIKE INDIVIDUAL WHO ARE BIDDING PROCESS? LISA: WHETHER THEY DESIRED TO BE A BIG.
FINANCIAL INSTITUTION OR ANOTHER PERSON CITIZEN OR LOAN CONSOLIDATION OF THE MIDDLE. THEY DO NOT WANT THAT TO BE THE CASE BECAUSE THEY INTENDED TO.
LOOK GOOD AND FEEL GOOD. JONATHAN:.
LOOK GOOD AND ALSO FEELING GOOD. WHAT IS THIS RADIATION TREATMENT?
— WHAT IS THIS, TREATMENT? JONATHAN:.
I FEEL FOR ASSISTANT YELLEN.

>> > > AS I ‘ VE STATED WE HAVE USED. ESSENTIAL TOOLS TO ADEQUATELY TO PREVENT CONTAGION AS WELL AS THEY.
ARE DEVICES WE CAN USAGE AGAIN. THE STRONG ACTIVITIES WE HAVE.
TAKEN COMPANY AMERICANS DEPOSITS ARE SAFE. CERTAINLY WE WOULD BE PREPARED TO TAKE ADDITIONAL ACTIONS IF.
WARRANTED. JONATHAN: CHRIS MARANGI SIGNS UP WITH United States NOW. YOUR WORDS, THE BANK SITUATION, THE FUTURE, NOT An INSECT. WHAT YOU INDICATE BY THAT? CHRIS: WE TALKED FOR A VERY LONG TIME ABOUT.
CHAIR POWELL PRESSING PRICES UNTIL SOMETHING BREAKS AS WELL AS.
CLEARLY SOMETHING HAS BROKEN. HE HAS NOT BEEN SHY ABOUT.
DISCUSSING THE TRUTH THAT THIS CREDIT RATING CRISIS IS GOING TO.
BE DISINFLATIONARY. AS LONG AS WE CAN MANAGE.
THROUGH THIS, IT MOST LIKELY AIDS THAT COMPONENT OF THE EQUATION. JONATHAN: IF WE CAN PREVENT A DEEPER.
DILEMMA, IS THIS FIELD ATTRACTIVE TO YOU? CHRIS: WE HAVE GENERALLY AVOIDED.
CYCLICAL– THE OBTAINED SHORT LOG BUSINESSES AND ALSO IT HAS.
SINCE MONEYING EXPENSES, become LESS ATTRACTIVE LATELY A PART.
ARE GOING TO INCREASE AND ALSO FINANCIAL INSTITUTIONS ARE GOING TO HAVE TO PAY EVEN MORE.
FOR DEPOSITS.CREDIT QUALITY IS

LIKELY. WEAKENING.
IF YOU POSSIBILITIES. CERTAINLY MORE GUIDELINE INCLUDING HIGHER CREDIT RATING.
THAT IS GOING TO EFFECT THE P AND E FOR THE STOCKS. LISA: I FEEL LIKE THIS MARKET HAS.
PUT IN MAXIMUM DISCOMFORT ON THE MAXIMUM NUMBER OF TRADERS.
HEADING INTO THIS YEAR PEOPLE WERE SPEAKING ABOUT VALUE SUPPLIES.
AND HOW BANKS SUIT THAT AS WELL AS HOW BIG TECHNOLOGY WILL CERTAINLY BE LEFT FOR.
DEAD. NOW DO YOU STILL THINK BIG TECHNOLOGY CANISTER LEAD EVEN.
WORRIES AROUND GROWTH, GIVEN CONCERNS COST-CUTTING IS NOT.
CHRIS: I WOULD MAKE A DIFFERENCE. CAPITALISTS LOOKING FOR BIG NATIONSTATE KIND FIRMS WITH.
BIG DEBT BALANCES AS A SAFE AREA TO BE.SMALL TECHNOLOGY HAS ACTUALLY

NOT SHARED AS.
MUCH IN THIS ROTATION AS WELL AS THE HIGH RATES OF INTEREST ENVIRONMENT.
IS NOT GOING TO BE EXCELLENT FOR THESE BUSINESS. WE ARE STILL SEEKING THE CAPITAL GENERATORS, FIRMS.
WITH RATES POWER, AND ALSO THAT” S BEEN THE FORMULA FOR.
RECESSIONARY SETTING. LISA: WE BEGAN THE DISCUSSION.
DISCUSSING FED WALKING RATES UNTIL SOMETHING HAS BROKEN. I” M CURIOUS OF WHAT THAT SUGGESTS AND ALSO HOW YOU INVEST. CHRIS:.
WE ARE SEARCHING FOR DIVERSIFICATION ACROSS BOTH.
INDUSTRIES. TO CERTAIN EXTENT, WE NEED TO.
FOCUS ON COMPETENCIES AS WELL AS PUT OUR EGGS IN THE BASKET AS WELL AS.
WATCH THAT BASKET. THAT” S WHAT WE HAVE BEEN DOING.
UNCHANGED. JONATHAN: ARE WE SLEEPWALKING INTO A.
CRISIS, A MUCH BIGGER ONE? CHRIS:.
I AM NOT SLEEPWALKING AS WELL AS I DID NOT THINK THE MARKET IS. THE MARKET IS AWARE OF WHAT IT GOING ON MAYBE TOO.
ANXIOUS GIVEN THE 2007 CURRENT SITUATION. WHOLE LOTS OF THREAT AROUND AS WELL AS THAT” S WHAT WE OBTAIN PAID TO.
MANAGE.JONATHAN: THOSE WHO EXPERIENCE 07 AND 08. WHO STATED THERE IS A IT IS NOT 07 AND 08? CHRIS:. IT IS A LITTLE LITTLE BIT DIFFERENT. THOSEI DO NOT THINK WE HAVE. QUITE THE SYSTEMIC PROBLEMS IN THE FINANCIAL SYSTEM THAT WE DID. THE FED CURRENTLY HAVING RAISE RATES. AGGRESSIVELY DOES HAVE AMMO TO CUT RATES AND ALSO. BOOST THE SITUATION, BUT IT IS WHAT YOU DO NOT KNOW THAT. YOU WORRY ABOUT.JONATHAN: ENTIRELY AND ALSO THERE ‘ S SO MUCH WE.
DO NOT KNOW.

CHRIS, THANK YOU. CHRIS MARANGI’THERE.
LISA:. THE PROBLEM I AM TAKING WITH WHAT INDIVIDUALS
ARE SAYING CLAIMING IT IS A. LIQUIDITY ISSUE, NOT A CREDIT DEBT. SOME INDIVIDUALS ARGUED ACTIVATED ALL OF THE SUBSEQUENT OCCASIONS.
THE CREDIT HISTORY PROBLEMS THERE NOT BEEN VALUED RIGHT INTO THE MARKETPLACE? I DIFFER WITH INDIVIDUALS THAT ARE TRYING TO A DISTINCTION.
BELOW DUE TO THE FACT THAT BOTH ARE RELATED.JONATHAN: BLAMING

CANADA. LISA:. THAT IS WHERE JOE BIDEN IS. LISTEN, I AM NOT BLAMING CANADA. JONATHAN: I THINK THAT TALKS HANDLING.
TO WHAT YOU ARE DISCUSSING. LISA:.
THIS IS THE REASON PEOPLE SAY NO ISSUE WHAT TAKES PLACE,.
THERE” S GOING TO BE EVEN MORE DISTRESSED FOR HIS IS A BEEN.
VALUED IN? BECAUSE IF RATES, I DO NOT KNOW.
GO LOWER, THE CRITERIA– DRAWING A DISTINCTION BETWEEN.
LIQUIDITY AND ALSO CREDIT ISSUES, DIFFICULT FOR ME TO STOMACH.
OFFERING THEY ARE INTERRELATED. JONATHAN:.
TREASURIES ON FINANCIAL INSTITUTION BALANCE SHEETS. WOULD NOT BE UNDERWATER.
ANYMORE. 2 YEAR YIELD DOWN 25 BASIS.
POINTS. LISA: THE SECONDLY THEY ARE UNDER WATER.
ONCE MORE LISTING OF THE NARRATIVE THROUGHOUT AGAIN AND WE ARE BACK TO.
RUNAWAY RISING COST OF LIVING. JONATHAN: CAN WE SPEAK ABOUT THE CHIEF EXECUTIVE OFFICER.
TIKTOK AGAIN? LISA: DEFINITELY. JONATHAN: PICTURE THE SCENE. EVERYONE DESPISES YOU.DURING THE PROGRESSIVE. QUESTIONS AT YOU.
I BELIEVED HE WAS A QUITE POSSIBLY. AFTER THAT WE CONTAINER SPEAK ABOUT METHOD THESE FOR THE BUSINESS. ♪ LISA: U.S. DISTRICT ATTORNEYS HAVE CHARGED.
CO-FOUNDER WITH COORDINATING An ENORMOUS CRYPTOCURRENCY SCAMS. IT IS STATED TO WIPED OUT AT LEAST $40 BILLION MARKET PRICE. HE WAS ALREADY A FUGITIVE FROM CHARGES IN HIS LOCAL SOUTH.
KOREA. HE WAS ARRESTED THURSDAY. IN JAPAN, RISING COST OF LIVING SLOWED FOR.
THE FIRST TIME IN EVEN MORE THAN A YEAR. CONSUMER COSTS LEAVING OUT.
FRENCH FOOD ROSE 3.1% IN FEBRUARY FROM A YEAR AGO DOWN.
GREATER THAN A FULL PERCENTAGE POINT BUT WITHOUT THE IMPACT OF.
GOVERNMENT SUBSIDIES, RISING COST OF LIVING WOULD HAVE BEEN AS HIGH AS 4.4%. JANET YELLEN SAYS REGULATORS ARE PREPARED TO TAKE EVEN MORE STEPS.
, if REQUIRED TO SHIELD THE BANKING SYSTEM.. THOSE COMMENTS TO CONGRESS CAME A DAY AFTER HER COMMENTS ON.
NATIONWIDE DEPOSIT INSURANCE THE ROUND OF MARKETS. SHE SAID OFFICIALS HAD NOT CONSIDER THE OPPORTUNITY OF.
DESPITE U.S. WARNING BEIJING ‘ S PROPOSAL. WOULD PROPERLY ICE UP THE KREMLIN ‘ S TERRITORIAL GAINS.
INTERNATIONAL NEWS POWERED BY MORE THAN 2700 JOURNALISTS AND ALSO. ANALYSTS IN MORE THAN 120 NATIONS.
> > I HOPE WE ARE WITH THE. >> WIRES. I THINK THERE ARE STILL INQUIRIES ALL OVER THE WORLD. HAVE THERE BEEN WEAKNESSES THAT HAVE BEEN EXPOSED. IT DEFINITELY APPEARS THEY CUTE OF THE CRISIS IS DONE.JONATHAN:. THAT IS WHAT EVERYBODY HOPES.

BUILT WINTERS THERE– COSTS. WINTERS THERE.
LATEST STORY IS THERE COULD BE.
A DOJ BROKE INTO CREDIT RATING SUISSE UBS AND OTHER NAMES TOO. ASSOCIATED WITH AIDING RUSSIAN OLIGARCHS PREVENT ASSENTS. WE ARE DISCUSSING THIS GOVERNMENT GUARANTEE. IN SOME CASES YOU FUNDAMENTAL LAWFUL TROUBLES WHEN YOU MAKE AN.
PROCUREMENT LIKE THIS EVERY WHAT IS ALREADY BREWING. LISA:.
THAT WAS THE CONJECTURE UNDER THE HOOD IN TERMS OF WHAT TOOK.
LONG FOR UBS TO INDICATION ALL.– TO INDICATION OFF. WHY DID THEY NEED SUCH INCREDIBLE CONCESSIONS FROM THE.
SWISS GOVERNMENT UNLESS THEY SAW SOMETHING UNDER THE HOOD.
THEY DID NOT LIKE? WHOLE LOTS OF COMPLAINT OF WHAT.
HAPPENED OVER THE WEEKEND. OF HIS RIVAL EARLIER, VINCENT.
KAUFMANN, PHRASE THE FOLLOWING, THE SITUATION IS A BIG FAILURE.
OF COMPANY GOVERNANCE AND MAY SEND An INADEQUATE PICTURE IN REGARDS TO.
GOOD GOVERNANCE.VISIT I AM HAPPY TO SAY

JOHN. IS RIGHT NOW.
SUPERB TO OVERTAKE YOU. JUST HOW MUCH AREA DO YOU BELIEVE YOU HAVE FOR LAWSUIT BELOW? VINCENT: EXTREMELY SMALL. WE DO NOT KNOW THE PRINCIPLE OF.
COURSE ACTIVITY, THAT IS NOT EXIST IN OUR LAW. MISMANAGEMENT IS EXTREMELY HARD. EITHER GIVES FORMER EXECUTIVES.
OF CREDIT SUISSE OR– THERE” S REALLY LITTLE TO BE DONE. WE” RE STILL LOOKING AT OPTIONS BUT COMPLETION OF THIS WEEKEND BREAK.
AFTER HAVING THIS CONVERSATION WITH LOTS OF PEOPLE, WE DO NOT SEE.
MANY OPTIONS. WE WILL CERTAINLY STILL SUGGEST THE.
NEXT CONFERENCE NOT TO GIVE THIS FEE TO THE BOARD, TO KEEP.
ALL OPTIONS OPEN. IF ANYTHING IS REVEALED.
LATER ON, AS YOU CLAIMED THERE IS STILL A GREAT DEAL OF UNCERTAINTY. WE COMMON SHAREHOLDERS NOT TO GRANT THIS FEE TO THE.
BOARD OF DIRECTORS TO CREDIT REPORT SUISSE.JONATHAN:.

IF DEAL, what DO YOU THINK WOULD HAVE OCCURRED MONDAY EARLY MORNING.
WAS NOT MADE? CHRIS: WE WILL CERTAINLY NEVER EVER UNDERSTAND. I COUNT ON THE WAS GOVERNMENT THAT DAY MAKE THIS DECISION AS THEY.
WOULD AWARE OF DETAILS WE DID NOT KNOW. I COULD CLEARLY EXPECT THE.
DILEMMA OF 2008. I WOULD NOT EXPECT THE LEHMAN.
JUST A POST PONEMENT OR CONTAINER WE MANAGE TO AVOID THIS IS STILL TO BE SEEN BUT THEY UNDERSTOOD THINGS. JONATHAN:.
DO YOU HAVE ANY FACTOR TO ANTICIPATE YOU WERE NOT GIVEN.
ACCURATE DETAILS OF THE CONDITION THE BANK WAS IN THE.
LAST PAIR OF WEEKS? VINCENT: THE LACES INFORMATION WE HAD.
WAS THE FISCAL YEAR IN 2022. WE ALREADY HAD THE PLAN.
FINANCIAL Q4 RESULT. THE FULL RECORD WAS ONE WEEK.
AND SEC DEMANDS. THE BOUNDARIES PLAINLY RATHER QUIET.
SAYING IS THAT THE PRODUCT. WE ONLY KNEW OF THE.
FISCAL YEAR ON TUESDAY. THE SITUATION COLLAPSED DURING.
THE FIRST QUARTER. WE DO NOT REALLY HAVE ANY.
FURTHER DETAILS ABOUT THE DISCHARGES. WE KNOW FROM THE STATEMENT OF THE SAUDI NATIONAL COUNT ON.
WEDNESDAY.THERE WAS BIG OUTFLOWS

BUT WE. WILL CERTAINLY NEVER UNDERSTAND.
I THINK WE ‘ LL NEVER HAVE THE. CLEAR FIGURES THE GOVERNMENT HAD A SATURDAY. LISA:. FROM YOUR VIEWPOINTS, GIVING YOU TALK TO OTHER SHAREHOLDERS,. WHAT THIS DOES THE SWISS COMPANIES
MOVING FORWARD IN. REGARDS TO THE TRUSTWORTHINESS, THREAT COSTS INDIVIDUALS NEED TO BAKE IN. TO WHATEVER THEY OWN FROM SWITZERLAND.
VINCENT: I ASSUME WE MADE BIG PROGRESSION IN. THE TRUTH THAT THE GOVERNMENT IS NOW DECIDING WHEN I HAVE ANY SAY ON THIS AND THE ANTITRUST.
AUTHORITIES WILL HAVE NO SAY ON THIS IS QUITE INTERESTED FOR.
THE FUTURE. I WISH IT IS NOT GREAT.
PRESIDENTS THAT THE GOVERNMENT IS OVERUSING IS POWER. WILL BE LOOKING AT THIS IN THE FUTURE. WE REMOVE SUCH ESSENTIAL RIGHT.
TO SHAREHOLDERS, YOU NEED TO HAVE GOOD REASON OTHERWISE IT.
LISA: I DESIRE TO CHOICE UP ON WHAT YOU
. SAID WHICH IS IF THIS TAKES PLACE ONCE MORE, IF THIS MR. HEAD OF STATE,.
THERE COULD BE CONSEQUENCES. HAVE YOU SPOKE WITH SHAREHOLDERS? HAVE YOU SPOKE WITH INVESTORS THAT ARE RELOCATING SOME OTHER FUNDS.
FROM PARTICULAR SWISS SHARES SIMPLY SINCE OF THE UNCERTAINTY,.
DUE TO THE FACT THAT THERE COULD BE BETTER CHOICES ELSEWHERE? VINCENT: NO. I DO NOT HERE ANY THINK ON THIS FROM INTERNATIONAL INVESTORS.AND INVESTORS ARE STILL EASY. FINANCIERS.
THAT IS THE ALMOST ALL. AS LONG AS WE HAVE LARGE CAP BEING COMPONENT OF THOSE, I BELIEVE.
INTERNATIONAL INVESTORS WILL HAVE DIRECT EXPOSURE AND ALSO WE HAVE.
COMPANIES LETTING THEM KNOW TO BE LEADERS OF THE MARKETS. IN SMALL CAP, WE HAVE WONDERFUL.
CORPORATE AREA, BUT I THINK WE REQUIREMENT TO MAKE CERTAIN THE ADMINISTRATION.
SINCE ALL, of THOSE BUSINESS CONTINUE TO BE AT THE HIGHEST DEGREE.
CAPITALISTS ARE CONSIDERING THOSE ENVIRONMENTAL, SOCIAL, AND.
GOVERNANCE. I THINK THE GOVERNANCE IS.
RETURNING. WE” RE TALKING ABOUT ENVIRONMENTAL ISSUE, REALLY.
ESSENTIAL, BUT YOU REQUIRED TO HAVE STRONG ADMINISTRATION AS WELL AS THOSE.
INVESTORS REMAIN IN U.S. DEMONSTRATE ADMINISTRATION MAY BE.
WHAT IS ON THE APPEARANCE BY INVESTORS. IN GOVERNANCE, SHAREHOLDERS RIGHTS ARE MAINTAINED FOR THE.
FUTURE.JONATHAN: GO TO THANK

YOU FOR JOINING US.– VINCENT KAUFMANN, THANKS FOR SIGNING UP WITH US TODAY. A DIFFICULT WEEK. A LONG WEEK FOR HIM APPRECIATE.
NO SHAREHOLDER VOTE. HE SAW THE GRIEVANCES. HE SAW THE QUOTE, WHAT IS THE DIFFERENCE IN BETWEEN SWITZERLAND.
AND VARIOUS OTHER JURISDICTION WE DO NOT TRUST FUND THE GUIDELINE OF LEGISLATION. JUST LIKE THAT, MODIFICATION IT OVER THE WEEKEND. LISA:.
AMONG THE QUESTIONS HAVE BEEN THE LONG-LASTING CONSEQUENCES OF THIS AND ALSO VINCENT SUGGESTED.
INDIVIDUALS– THAT SAID IT HAS BEEN A NUMBER OF ARTICLES ABOUT.
CENTER EASTERN INVESTMENTS AS WELL AS THIS IS BEEN THERE FIRST FULL.
SIGNIFICANT FOR BACKING RIGHT INTO THE BANKING SYSTEM CONSIDERING THAT 2008.
WHEN THEY MAKE THIS FUNDING MIXTURE INTO DEBT SUISSE. CURRENTLY MAYBE NOT AS CURIOUS ABOUT INVESTING SOME OF THE.
FINANCIAL STOCKS AROUND THE WORLD.THERE NEED TO

BE EFFECTS.
WHETHER IT IS THE CONTINGENT CAPITAL MARKET OR SOMETHING.
BROADER THAT MAKES INDIVIDUALS RETHINK WHERE THEY PUT THERE.
MONEY. JONATHAN: LET” S SPEAK ABOUT POLICY.
CONSEQUENCES. 2 YEAR YIELD DOWN 22 BASIS.
POINTS. OR A RATE CUT BY JUNE? LISA:.
THAT IS THE MOST RECENT. IT IS NOT JUST ONE CUT, IT IS A RATE.
CUTTING CYCLE WE ARE CURRENTLY PRICING IN. JONATHAN:.
MARKETS ARE CLAIMING YOU ARE DONE. AS WELL AS YOU” RE GOING TO BEGIN. CUTTING RATE OF INTEREST, LISA: MARKETS ARE YELLING YOU ARE.
DONE AND ALSO BY THE MEANS MAY BE MADE A BLUNDER. THAT IS THE MOST RECENT REASONABLE HEARING IN THE MOOD TODAY. I BELIEVE IT IS REALLY TRICKY.I THINK IS

GOING TO BE PLANT.
MATTER WHAT HE DID. HE INFORMED– HE TOWED EXTREMELY NICELY. JONATHAN: WEEK OF THE BULLISH IN MONTHS.
TO COME OR APPEAR LIKE IT WAS THE RIGHT THING TO ACCOMPLISH AND IT IS WHY.
THOSE DECISIONS ARE DIFFICULT TO MAKE. FUTURES DOWN.7%. JONATHAN:.
REMARKABLE COMMENTS FROM THE BLOOMBERG FINANCIAL INSTITUTION PRESIDENT THIS.
EARLY MORNING. THE PRIMARY OF THE GERMAN CENTRAL.
BANK, WILL KEEP INCREASING RATES AS NEEDED AS A RESULT OF INFLATION. WE WELCOME SPINNING CUP QT IN.
Q3. THAT IS A HAWKISH CENTRAL BANK. LISA: GIVEN THE TRUTH THAT PEOPLE ARE.
PRICING IN CUTS IN U.S. AS WELL AS AROUND THE GLOBE, SUBTLY.
PERHAPS A RATE HIKING CYCLE IS OVER A YOU GET HAWKISH COMMENTS.
POSSIBLY HE IS MAKING A GREAT DEAL OF NOISE AND ALSO INDIVIDUALS ARE LIKE, NO. JONATHAN: DEUTSCHE FINANCIAL INSTITUTION IS DOWN 12%. THE FED” S ANGER NOT GOING TO CUT.
WEIGHTINGS ON THE RUSSELL” S, THE SMALL CAPS ARE TILTED TO.
THE FINANCIALS EN ROUTE THAT THE NASDAQ DOES NOT HAVE THAT.
TELLS. THE RUSSELL IS NEGATIVE 1%. RETURNS GOING DOWN LIKE A STONE. TWO-YEAR DOWN 22 BASIS POINTS. THEY OF THE RELOCATION– CONSIDER THE ACTION THE OTHER DAY IN ADDITION TO.
THAT. LISA: MARCH 8 WE SAW THE TOP OF MORE.
THAN 5% FOR THE 2 YEAR COMING DOWN TO 3.6%. SOMETHING BROKE AND ALSO IT IS THE ONLY METHOD TO UNDERSTAND THIS.
GRAPH. WHY ARE FED AUTHORITIES, WHY ARE.
MAIN LENDERS IN EUROPE NOT REFLECTING THAT? IF WE ARE INCORRECT, WHAT IS GOING TO GIVE UP IT IS TO THE MARKETPLACE.
THAT ABSOLUTELY NOTHING IS BROKEN? JONATHAN:.
THE ELEVATION OF THE SESSION WEDNESDAY 425. THAT IS 2 DAYS BACK.425.

LISA: THIS IS THE MOST LIQUID, A LOT OF.
USAGE BENCHMARK WORLDWIDE IN TERMS OF THE BOND MARKET. YOU CONSIDER U.S. TREASURIES AND ALSO YOU CEO STOMACH.
AROUND TO THIS LEVEL. WHAT DOES THAT TELL YOU– YOU.
SEE RETURNS JUMPING AROUND TO THIS DEGREE. JONATHAN: THAT IS A WEAK EURO. LISA: IT IS ACTING TRADE AS INDIVIDUALS.
GET ANXIOUS ABOUT THE BANKS. HOW MUCH OF PEOPLE TO THE BANKS.
VERSUS UNITED STATE EGGS AS WELL AS MAKING A MONEY.
CALLED? YOU TIN NOT CLARIFY A BITE AS WELL AS.
FINANCIAL POLICY– BEVERAGES AS WELL AS MONETARY POLICY. JONATHAN: NO REAL NEWS FOR THIS NAME.
VALUE UBS DOWN 7% OR 8%. WE KNOW THOSE FIGHTS CAN BE.
HEFTY.LISA: THEY CANISTER ALSO PRODUCE. REPUTATIONAL THREAT WHEN THEY ARE SOLIDIFYING THE REPUTATION. THERE IS NO NEWS. DEUTSCHE FINANCIAL INSTITUTION PURCHASING BACK SOME. VARIOUS OTHER BONDS TO TRY TO FORTIFY THE ANNUAL REPORT. THEY SHOULD BE POSITIVE. I DID NOT UNDERSTAND UNLESS. THERE ARE INDIVIDUALS CONSIDERING COUNTERPARTY THREAT. I DID NOT INTEND TO SPREAD RUMORS. WHAT WILL CAUSE THIS? JONATHAN:. IS THERE ANYTHING FAVORABLE CONCERNING THIS? THE TIKTOK CEO BEFORE CONGRESS ON CAPITOL HILL IN. FRONT OF A HOUSE BOARD. > > I HAVE SEEN NO PROOF THAT

>>. THE CHINESE FEDERAL GOVERNMENT HAS ACCESSIBILITY TO THE DATA. THEY HAVE NEVER ASKED United States. WE HAVE NOT PROVIDED. > > I LOCATE >> THAT PREPOSTEROUS. >> > > CANDIDATE HAVE SEEN NO.
PROOF OF THIS HAPPENING. THE ORDER TO ENSURE EVERY PERSON.
HERE AND OUR USERS OUR DEDICATION IS TO MOVE THE INFORMATION.
RIGHT INTO THE UNITED STATES TO BEAT SOARED ON AMERICAN SOIL BY AN.
AMERICAN COMPANY OVERSEEN BY AMERICAN PERSONNEL. JONATHAN:.
ABSOLUTELY NOTHING HE CLAIMED THE OTHER DAY WAS GOING TO BE SUFFICIENT. RIGHT HERE IN THE U.S. THEY DO NOT COUNT ON THIS BUSINESS.
FOOLISH AGENT OF CONGRESS ARE TO LOOK BECAUSE I.
REQUIREMENT TO DO SOMETHING ABOUT IT AND THEY NEED TO MAKE A.
CHOICE. FORCING A SALE IS THE EASY METHOD.
OUT, UNFORTUNATELY CHINA WHEN I ENABLE THE CELL TO GO THROUGH. THAT AGITATES THOSE THAT ASSUMES CHINA HAS THE ULTIMATE SAY OVER.
THE COMPANY AND IT ENDS UP BEING MUCH SIMPLER THAN THAT. RESTRICTION IT OR DON” T RESTRICTION IT BUT THE. LONGER YOU HAVE THE HEARINGS WITHOUT PANIC IT, THE EVEN MORE.
BULLISH THE GOVERNMENT APPEARANCE. LISA:.
I WOULD SAY IT INSPIRES THE CEO BECAUSE THIS IS A PUBLIC RELATIONS STEP.
FOR HIM TO. IF YOU TIN ABOUT HIS REACTIONS.
HE LOOKED MEASURED AS WELL AS COOL AND TRYING TO RESPONSE AND ALSO FOR ALL.
THE PEOPLE TRYING TO SAY HE” S SIMPLY ANOTHER EXECUTIVE, THAT HE.
WILL GET CUT CAPABILITIES AND ON THE FLIPSIDE TO YOUR POINT,.
THIS IS AN ISSUE OF NATIONAL SAFETY– JONATHAN:.
FIND A SOLUTION FOR IT? UP FOR SALE WOULD NOT BE ALLOWED.
BY CHINA SO YOU” RE LEFT WITH ONE ALTERNATIVE, NOT TO BAN OR.
DEMAND.IT IS NOT FACILITY. LISA: IT GETS EVEN MORE COMPLICATED WHEN. IT IS THE YOUNG CITIZENS.
JONATHAN:. THAT IS ABOUT NATIONAL POLITICS AND NOT ABOUT NATIONAL PROTECTION. LISA:.
IT IS ALWAYS ABOUT POLITICS. JONATHAN:.
IT SHOULD NOT A QUESTION if IS ABOUT NATIONAL SAFETY AND SECURITY. BUT AFTER THAT DISCUSSION IN.
HIM AN ASSIGNMENT. WE HAVE A EURO TODAY. EURO-DOLLAR NEGATIVE. ELSA LIGNOS JOINS US NOW. CANISTER WE START WITH THE RATE ACTION. CANISTER YOU– BUT YOU CONSTRUCT FROM WHAT IS DEVELOPING AT THE MOMENT? ELSA: SO INTERESTING.WE HAVE FLUCTUATED THIS. WEEK AND BACK TO WHERE WE WERE SIMPLY DOMESDAY.– SOME WERE BE WERE ON WEDNESDAY.

>> > > RISING COST OF LIVING IS THEY KEY. > > DO NOT THINK THERE IS A RISK
> > THE FED IS GOING TO BE ON.
> > AS I ‘ VE CLAIMED WE HAVE USED. > > APPLICANT HAVE SEEN NO.YET THE PRICE DIFFERENTIAL AND ALSO AS LISA SAID, AND ALSO SECLUSION AS WELL AS
ON THE OTHER HAND WILL BE PIVOT FAR FROM BOTHERING WITH U.S. BANKS TO EUROPEAN BANKS AS MARKETS ARE THIS MORNING, THAT
PRESSES EURO-DOLLAR LOWER. ULTIMATELY WE ARE NOT GOING
ANYWHERE. THAT IS HE IS HELD PROVIDES RISE
A FINANCIAL INSTITUTION ANALYST OVER THE PAST 2 WEEKS. SHEETS OF BANKS ON BOTH SIDES OF THE ATLANTIC TO MAKE A. COURTESY CALL? COMMENT YESTERDAY.
IT WAS WHETHER BALLOONS AND ALSO NOW. IT IS BAKED SUPPLIES.
THE TRUTH IS THAT IS WHAT. DRIVING THE MARKET CURRENTLY AND ALSO LUCKILY WE DO HAVE A.
GOOD TEAM A BANK EXPERT AND ALSO THEY WILL MAKE SOME INFORMATION.
AROUND THE FACT THAT YOU HAVE A QUITE POSSIBLY MANAGED I BANKING.
MARKET IN EUROPE WHICH GIVES A WHOLE LOT OF PEOPLE A LEVEL OF.
CONFIDENCE. WHEN HE STARTS GETTING IT LIKE.
IT IS TODAY, YOU SEE HUGE RATE ACTION ON THE BACK OF.
LITTLE.ED HAS WHITE INDIVIDUALS AND ALSO EURO–. IT DOESN ‘ T WORRY INDIVIDUALS END OF THE EURO IS IN THE SETTING. LISA: THERE IS NO LOGIC BEHIND IT.
THAT IS DISCERNIBLE. ELSA: WHAT IS MAKING IT EVEN TRICKIER.
CURRENTLY AS WELL AS PARTLY POSSIBLY EXPLAIN THE DISCONNECT.
WITH PRICES EFFECTS AND EQUITIES, IT IS THAT YOU HAVE.
HAD INVESTORS POSITIONED IN SOME AREAS, LIGHTLY POSITIONED.
IN OTHERS. THINK COMPONENT OF THE FACTOR FX IS.
BECAUSE IT IS NOT, NOT MOVING THAT MUCH IS PRECISELY.
BEEN THE SECRET LOCATION OF FOCUS FOR MACRO INVESTORS. WE HAVE HAD PEOPLE HEAVILY POSITIONED IN RATES AT THE.
BEGINNING OF THE YEAR, BUT ISN” T OBTAINING PROLONGED FURTHER IN
. FEBRUARY WHEN PEOPLE MADE CERTAIN IS GOING TO BE TIGHTER, LONGER.
RANKING BOOST CYCLE AS WELL AS SINCE IS WHERE YOU SEE THE DISCOMFORT.
AS I OBTAINS CLEANED OUT. FROM A COURTESY PERSPECTIVE, WE HAVE BEEN CONSERVED– SAFER RATHER.
THAN TRY TO TAKE A BET ON BUCK OF BORDELLO DOWN.LISA:.

HOW MUCH DOES THE DOLLAR CONTINUED TO FUNCTION AS A PLACE.
GIVEN WHAT YOU ARE CLAIMING SEEMS LIKE SHORT SQUEEZES,.
UNWINDS OF PROFESSIONS, THEY SPECIFIC TO A MARKET STRUCTURE.
INSTEAD OF MACRO OCCASION? ELSA: IT IS INTERESTING QUESTION.
SINCE IT IS WHAT YOU WOULD HAVE EXPECTED TO SOME EXTENT.
THIS WEEK. IF WE LISTEN TO CHAIR POWELL ON.
WEDNESDAY, HE WAS STATING WE CANISTER NOT GIVE YOU AHEAD.
BECAUSE WE CONTAINER COMPOSE POINTS DOWN IN THE, advice AT THE MOMENT.
DOT STORY BUT FACT IT IS IDENTIFIED BY TRUTHS ON THE.
GROUND. BECAUSE– THOSE CUTS, those.
COST BY THE MARKET CAN BE JUSTIFIED BUT THE PROBLEMS.
RATHER HOSTILE PROBLEMS. IN THAT SETTING, WHAT DO.
YOU DO? YOU ACQUIRE SANCTUARIES, YOU PURCHASE THE.
JAPANESE YEN, THE SWISS FRANC, AS WELL AS ADDITIONALLY THE U.S. DOLLAR VERSUS RISK PROXY AND ALSO THAT IS NOT WHAT THE MARKETPLACE DID.
TODAY. WE SAW AT THE DOLLAR UNDERPERFORMING THE RISKIER.
MONEY. DOES NOT MAKE A GREAT DEAL OF FEELING. TODAY WE ARE SEEING EVEN MORE GIVEN THAT RETURNED TO MARKETS WHERE YOU.
REMAIN IN THE DOLLAR BEGIN OUTPERFORMING THE RISKIER.
CURRENCIES.IN ORDER TO SEE THAT EXTENDED. GOING ONWARD, YOU START TO SEE IN THE REAL INFORMATION. THERE WILL CERTAINLY BE TIME PRIOR TO WE OBTAIN THE SURVEY FROM THE U.S. WE HAVE WEEKLY INDICATORS. VESSEL MARKETS WILL CERTAINLY BE FOCUSED. ON GOING AHEAD– THAT IS WHAT MARKETS WILL BE FOCUSED ON. GOING ONWARD. JONATHAN: ELSA LIGNOS THANK YOU. COMPLETION OF DAY OR GENERATE A SAY DATA DEPENDENT, YOU HAVE. TO ASK DEPENDENT ON WHAT DATA? DELONG SURVEY.
THAT IS THE INFORMATION FACTOR GOING FORWARD.LISA:. INDIVIDUALS WANT TO UNDERSTAND HOW MUCH BANKS ARE RESTRAINING.
CREDIT IN RESPONSE TO THE WORRIES AROUND THE BALANCE.
SHEETS. INDIVIDUALS ARE PIPES A FEW OF THE.
FEDERAL BOOK DATA THAT APPEARED YESTERDAY
EVENING AROUND. 430 P.M. THE OTHER DAY.
WE ARE SEEING A RESURGENCE OF. PEOPLE NEED TO UNDERSTAND WHY AS WELL AS
WHAT IT MEANS IMPLIES THE. STRESS WE ARE SEEING IN THE BANKING SYSTEM.JONATHAN:.
MOMENTS AGO, -28. , if YOU TAKE YOUR PICK ON THE.. CURVE, TWO-YEAR AGAINST THE 30 YEAR, CURRENTLY FAVORABLE. I TRIED TO SAVE THE BOND MARKET LINGO FOR YOU BUT THAT IS ONE.
HECK OF A STEEPENER COMING INTO THIS BOND MARKET THE LAST.
PAIR OF WEEKS WHICH IMPLIES THE FRONT END LEASE THE MOVE,.
YIELDS STRONGLY LOWER ON THE FRONT END AS WE BEGIN.
PRICES IN WHAT BOSCH. THE FED SAID AVERAGE DOT. THIS MARKET DOUBTS WHETHER THEY CONTAINER ARRIVE AS WELL AS IF THEY CONTAINER,.
THEY” RE NOT GOING TO BE THERE LONG BASED ON THIS MARKET.
RATES. LISA: YOU ARE SEEING A BULL STEEPENER.
AND THIS LED BY THE FRONT END BY LOWER– LONGER YIELDS ARE.
GOING LONGER AND IT GETS ON THE IDEA THAT CUTTING FEES ARE.
GOING TO TRIGGER RUNAWAY INFLATION. IT IS A RESET OF THE ENTIRE INFLATIONARY BACKDROP THAT.
EVERY PERSON HAS BEEN TALKING ABOUT.IT IS A VARIOUS TIME. JONATHAN: IT IS A NONRELIGIOUS STORY AND ALSO CURRENTLY.
SUDDENLY THE FINANCIAL STRESS AND ANXIETY IS DISINFLATIONARY SHOCK. BOB MICHELE OF JP MORGAN CLAIMED EVERY SINGLE FACTOR ACROSS THE.
CONTOUR, DOVISHLY CALLED.– THAT WAS THE CALLED. LISA:
.’I ‘ M OLD SUFFICIENTS AND ALSO PEOPLE WERE ASKING FOR 7% 10-YEAR GILTS. JONATHAN: THAT WAS EXCELLENT. WHEN WAS THAT? RECENTLY. >> > > KEEPING UP-TO-DATE WITH NEWS.
ALL OVER THE WORLD. UBS AS WELL AS CREDIT SCORES SUISSE ARE AMONG.
THE BANKS BEING LOOKED AT IN A UNITED STATE JUSTICE DIVISION.
EXAMINATION. THE AUTHORITIES NEED TO KNOW.
WHETHER FINANCING PROFESSIONALS ASSISTED RUSSIAN OLIGARCHS AVOID.
PERMISSIONS. SUBPOENAS WITH EMPLOYEES AT.
SOME MAJOR UNITED STATE FINANCIAL INSTITUTIONS. DEBT SUISSE AND UBS BOTH.
DECREASED TO REMARK. UNITED STATE HAS ACTUALLY LUGGED OUT AIRSTRIKES IN.
SYRIA FOLLOWING A DEADLY ASSAULT THERE THAT KILLED ONE AMERICAN.
SPECIALIST. AS WELL AS INJURED 5 SERVICE.
MEMBERS. AUTHORITIES SAY A DRONE ACCIDENT.
RIGHT INTO A COALITION BASE. ACCORDING TO THE PENTAGON, UNITED STATE AIRSTRIKES HAD FACILITIES LINKED TO IRAN” S ISLAMIC. IN OF KOREA, OVER STRONG TESTS OF TOOLS DESIGNED TO DELIVER.
NUCLEAR ASSAULTS AGAINST U.S.AND ITS ALLIES. AMONG THEM WAS EXPLAINED AS AN UNDERSEA DRONE BUT TO CREATE.
A QUOTE RADIOACTIVE TSUNAMI. THE AUTHORITIES NORTH KOREA NEWS.
COMPANY SAYS THE DRONE CRUISE SHIP FOR NEARLY 60 HOURS BEFORE.
DETONATING. THE EXAMINATION CONSISTED OF CRUISE.
ROCKETS BRING MOCK NUCLEAR WARHEADS. LEADER BOHNE BESSEMER IS JOINING THE CAROLERS. THE PRIMARY INVESTMENT OFFICER SEES THE GOVERNMENT GET.
REDUCING RATE OF INTEREST SOON AND ALSO MARKETS ARE SIGNALING THE FED.
IS WRONG WHEN IT COMES– FOR SPEAKS ABOUT THE LEADS OF.
ADDITIONAL RATES OF INTEREST HIKES. GLOBAL NEWS POWERED BY EVEN MORE.
THAN 2700 REPORTERS AND ALSO ANALYSTS IN MORE THAN 120.
COUNTRIES.THIS IS BLOOMBERG. THE CHINESE GOVERNMENT HAS ACCESSIBILITY TO THE DATA. THEY HAVE NOT ASKED United States AS WELL AS WE HAVE NOT PROVIDED.
IN ORDER TO ENSURE EVERYONE.
RIGHT HERE AND ALSO OUR USERS OUR COMMITMENT IS TO RELOCATE THE DATA.
INTO THE UNITED STATES TO BE KEPT ON AMERICAN SOIL BY AN.
HE” S NOT GOING TO MAKE A. DISTINCTION. THE BODY” S MIND WAS EVER BEFORE GOING. TERRY HAYES SAID THIS, THIS.
HEARING IS FEE PROCESS. FINISHING THE DOCUMENT BEFORE.
BEGINNING TO ENFORCE LAWS. AS WELL AS CREATING AN POSSIBILITY FOR.
TIKTOK CEO TO SUBSTANCE NEGATIVELY THE PROBLEMS. TERRY AS WELL AS LOCATIONS SAY JOYCE IS NOW.WHAT DID YOU MAKE OF THAT?
THE RENOWNED QUOTE, WILL ALWAYS BE THE QUOTE TO GATHER INFORMATION. REGARDLESS OF ALL UNITED STATE RESIDENTS RESPONSE– THE. RESPONSE BEGAN I DID NOT THINK SPYING IS THE RIGHT WAY TO. DESCRIBE IT.
I COMMENT ON THAT AS YOU RECOGNIZE.
AS WELL AS I ESTIMATE, KABOOM. WHAT YOU HAVE HERE IS A.
SITUATION IN WHICH THERE” S GREAT DEALS OF DIVERSIONARY THINGS BEING THROWN.
AROUND THE ESSENTIALS ARE THESE, YOU HAVE THE HEAD OF UNITED.
STATES INTELLIGENCE AREA EXPRESSION PUBLICLY A COUPLE WEEKS.
AGO TO CONGRESS THAT THEY THINK TIKTOK ITSELF IS A NATIONAL.
BECAUSE AS THE FBI SUPERVISOR CLAIMED CANISTER USE, security CONCERN–.
CONTAINER BE USED TO CONTROL SOFTWARE APPLICATION ON MANY MILLIONS OF TOOLS AND.
DRIVE NARRATIVES AND ALSO DIVIDE AMERICANS. THE BIPARTISAN PEOPLE OF THE KNOWLEDGE COMMITTEES AGREE.
WITH THAT.YOU SAW HOW BIPARTISAN AND HOW. SOLID THE IDEA IS
IN YOU LEAD A BOARD IN YOUR HOME. THAT DOES THIS THINGS.
WHAT YOU END UP WITH RIGHT HERE IS I. THINK NOT OUTRIGHT RESTRICTION OF TIKTOK YOU ARE DEMO. GIVEN THE DEVICES– YOU ‘ RE GOING TO HAVE PRESENTATION GIVEN THE. JONATHAN: THAT SEEMS LIKE THE DIRECTION.
THE CHINESE GOVERNMENT HAS ACTUALLY STATED THEY WILL CERTAINLY NOT PERMIT IT. THOSE BEST THINKS THE CHINESE GOVERNMENT HAS THE LAST SAY.
HOW DOES THE TALE END? TERRY:. POLICYMAKERS RESPOND TO THE CHINESE DANGERS AND ALSO NEEDS.
CHINESE. THEY NEVER CLAIMED NO, THIS IS.
SOME STATE SECRET OR SHROUDED IN COMMERCIAL
PROPRIETARY. WOULD YOU HAVE RIGHT HERE IS A SCENARIO WHERE THE U.S. GOVERNMENT IS GRANTING SOME KIND OF ABILITY TO CONSIDER THINGS. BROADER THAN SIMPLY PRIVATE APPS BUT TIKTOK ENDS UP BEING THE. FIRST EXAMPLE OF THIS. I DO THINK IT IS AT SOME POINT.
BANNED. PRIOR TO THE OTHER DAY, I HAD IT AT.
75% LIKELY BY THE END OF 20 NOW, 85% THANKS OF THE. PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER THE OTHER DAY. LISA:. HOW LIKELY IS IT A GUESS BAND PRIOR TO 2024 DO WE HAVE TO WAIT.
UNTIL THE ELECTION CYCLE MORES THAN FOR ANYTHING CHANGES WITH.
THIS FIRM? TERRY: MY SIGHT IS TIKTOK PROBABLY.
HUNCH BAND BEFORE COMPLETION OF 2023 AS WELL AS VERY LITTLE BEFORE. DISTANTLY YOU NEED TO HAVE THE LEGISLATION PASSED AND INDIVIDUALS.
I DO NOT THINK POLITICAL ELECTION NATIONAL POLITICS HAVE ANYTHING TO DO. LISA: THERE ‘ S GREAT DEALS WITH SOCIAL ISSUES. HOW MUCH DOES A POTENTIAL BANNER TIKTOK IMPLICATE OTHER.
— IT IMPLICATES THEM HUGELY. WE ARE NOW RELOCATING RIGHT INTO A SITUATION WHERE THE GEOPOLITICS. ARE DIFFERENT.
WHEN YOU” RE GOING TO HAVE IS
. CHINESE FIRMS CHECKED OUT TOP TO BOTTOM AS WELL AS AMERICAN.
INVESTMENTS IN CHINA TOOK A LOOK AT TOP TO BOTTOM IN A METHOD THAT IS
. BROADER THAT HE” S TO BE DONE SOLELY UNDER THE SIFY IS BANNER.
WHICH WAS AS WELL AS IS INDIVIDUAL FIRMS FROM PERSON.
CIRCUMSTANCES. THOSE SURVEY REMAIN TO BE.
ANALYZED BUT YOU” RE GOING TO BE LOOKING AT– THOSE WILL.
REMAIN TO BE ASSESSED BUT YOU ARE LOOKING AT THIS THE MAJORITY OF.
PROBABLY IN A SITUATION OF WHAT THIS– WHAT IS THE CHINESE.
GOVERNMENT TRYING TO ACCOMPLISH? WHAT IS OUR ACTION TO EITHER.
PERMITTING IT OR STOPPING IT.JONATHAN:.

WHAT OCCURRED TO THE BASIC DISAGREEMENT OF RECIPROCITY? THE IDEA THEY WISH TO BE BELOW IN UNITED STATE, THE UNITED STATES BE.
ABLE TO BE THERE. TERRY: I THINK THAT IS STILL VALID. WHAT YOU HAVE IS NOW A YEARS OR MORE IN WHICH AMERICAN.
POLICYMAKERS HAVE SLOWLY OBTAINED MORE FAMILIAR WITH OTHER.
ESSENTIALS AND ALSO THE OTHER FUNDAMENTALS INCLUDE THE TRUTH THAT.
COPYRIGHT FROM AMERICAN FIRMS IN– STOLEN.
FROM CHINA. CHINA IS UTILIZING, THEY WOULD SAY. PIGGYBACKING ON AMERICAN FIRMS TO GAIN BENEFIT AND.
THERE” S AN OVERWHELMING SENSE THAT THAT AGE MORES THAN. JONATHAN:.
FANTASTIC TO CATCH UP. TERRY HANGS THERE. WONDERFUL NOTE. HE IS LEANING HARD TO LEVAN–.
TO A RESTRICTION. LISA: HE HOMES INTO THAT A PERSON MOMENT.
WHERE THEY ASK IF TIKTOK SPIES AND ALSO THE EXEC SAID I WOULD.
NOT REFER TO IT AS EXACTLY SPYING WHICH WAS, IN TERRY” S WORD,.
KABOOM. JONATHAN: HE” S NEVER GOING TO MODIFICATION.
ANY PERSON” S MINDS. HIS FACTOR, IT IS THE PROCEDURE TO.
GET TO ENACT AND IT MORES THAN TO THE PRESIDENT AND THE.
MANAGEMENT TO CHOOSE. LISA:.
WHEN THERE IS THIS MUCH BIPARTISAN, he SAID AT THIS FACTOR.
SUPPORT YOU CAN NOT ENVISION THAT POLITICS HINDER TOO.
MUCH.I CANISTER PICTURE IT. I THINK THAT IS ALWAYS BEEN IN.
THE REAR OF INDIVIDUALS” S MINDS. WE HAVE BEEN TALKING ABOUT THIS.
FOR A LONG PERIOD OF TIME. WONDER HOW MUCH A COMBINATION CASE.
THE ISSUE ON SOCIAL MEDIA ON A BROADER DEGREE– MAKES COMPLEX.
THE ISSUE ON SOCIAL NETWORK ON A BROADER LEVEL. JONATHAN:.
THERE A MAJOR DIVIDE BETWEEN HOW CONGRESS FILLS UP BOTH A.
NATIONAL PROTECTION ISSUE WITH CHINA, THE REALITY OF THE.
CIRCUMSTANCE, HOW THE CUSTOMERS THAT USE THE APPLICATION EXPENSE CONCERNING IT. I DO NOT THINK THEY APPRECIATE IT AT ALL. LISA:.
DID YOU SEE THE REMARKS BY CONGRESS MEMBER STATING I KNOW.
INDIVIDUALS PEOPLE ARE GOING TO THINK I” M TRYING TO TAKE YOUR
. FIND A MEANS BUT HE WOULD ABOUT THIS SOMEDAY AND YOU A LOT OF.
ATTEMPTING TO ENCOURAGE PEOPLE. JONATHAN: THE TIKTOK CHIEF EXECUTIVE OFFICER. AND UP INCREDIBLY POPULAR–.
AS WELL AS IT IS UNBELIEVABLY PROMINENT WITH THE AMERICAN CUSTOMER. LISA: I WOULD ARGUE AND ALSO I KNOW THIS.
HOLDS TRUE IN THE HOUSE, A LOT OF INDIVIDUALS WHO UTILIZE THE SYSTEM.
THINK THEY ARE VIEWED TO ANY SORT OF MISINFORMATION. THEY ARE UNSUSCEPTIBLE TO MANIPULATION.THEY ARE IMMUNE TO BE

. INFLUENCED ONE WAY OR ANOTHER PERSON TO THE PLATFORM. THEY SAY WE OBTAIN RIDICULOUS NEWS BIZ, ENJOYABLE A DANCE MOVES. I ‘ M CURIOUS WHAT KIND OF.
IMPACTS THEY COULD BE TOPIC TO AND ALSO WHETHER WE.
NEED TO HAVE A CLASS ON PROPAGANDA. JONATHAN: ANTI-COMMUNISM?
— AND ALSO COMMUNISM? LISA: I” M NOT STATING THAT’. I ‘ M SIMPLY SAYING CRITICAL BELIEVING SKILLS.JONATHAN: IT IS EVERY LITTLE THING.

I ‘ M WITH YOU. KEEP DIGGING. TROY GAYESKI JOINING US SHORTLY.
>> > > WE HAVE UTILIZED CRUCIAL TOOLS.
TO ADEQUATELY TO PREVENT CONTAGION AND THEY ARE TOOLS WE.
CANISTER USAGE ONCE AGAIN. THEY SHALL ACT AS WE HAVE TAKEN.
A SHORT AMERICANS DEPOSITS– THE STRONG ACTIVITIES WE HAVE.
TAKEN A SHORT MEGAN DEPOSITS ARE SAFE. WE WILL BE PREPARED TO TAKE ADDITIONAL ACTIONS IF WARRANTED. JONATHAN: THAT LAST LINE IS A BUT IT IS.
NOT MAKING A DIFFERENT. 5 DIFFERENT METHODS TO SAY THE.
SAME THING BY ASSISTANT YELLEN LESS WEEK CRITICIZE GREATLY.
WHICH I DO NOT UNDERSTAND. LISA: THE ONLY POINT PEOPLE ARE.
LITTLE MORE RIGHTLY SLAMMING IS THAT JAY POWELL AND JANET.
YELLEN SEEM TO HAVE A VARIOUS TONE IN ALL DOWN PAYMENTS ARE.
ENSURED VERSUS WE HAVE EMERGENCY SITUATION MEASURES WE CONTAINER TAKE. ARE THEY DIFFERENT KINDS OF COMMENTS? YOU CAN ANALYZE OUT THE CONCERNS BUT THERE IS AN CONCERN OF.
ANYTHING THAT CONTAINER BE DONE NEEDS TO ORIGINATE FROM THERE as well as congress.
IS NOT THE WILL TO DO IT IN CONGRESS.JONATHAN:.

WAS THE PURPOSE OF CONGRESS ASKING THESE QUESTIONS OF HER? WERE THEY TRYING TO DO? LISA: ARE YOU ESTABLISHING ME UP? THEY ARE WANTING TO SAY WE GET ON TOP OF IT BUT WE DID NOT.
BECAUSE IT CANISTER COLLECTION US UP FOR, want TO TAKE LEGISLATIVE ACTION.
POLITICAL OBLIGATION. JONATHAN: WHAT IS SHE NOT SAY THAT BACK?
— WHEN SHE NOT SAY THAT BACK? LISA:.
SHE IS SENDING A SIGNAL TO THE FINANCIAL SYSTEM REQUIRES THAT. SHE IS CAUGHT IN BETWEEN 2 DIFFICULT CHOICES. SHE ATTEMPTED THIS THE FIRST DAY AS WELL AS IT DID NOT FUNCTION STATING.
WE CONTAINER STEP IN POTENTIALLY IF THERE” S An ISSUE BUT WE ARE. IT DID NOT WORK.NEXT DAY SHE COMES OUT AND ALSO SAYS. HOW ABOUT NOW, AND SHE IS
LIKE– JONATHAN:.
PEOPLE THE PEOPLE– THAT BUILT THE PEOPLE HAVE NEVER HEARD OF. HOW SMALL DO YOU BELIEVE THE BANK WILL CERTAINLY HAVE TO BE, HOW IRRELEVANT. MUCH DETAILS INDICATED THAT WHAT SHE IS SAYING THAT IS.
ULTIMATELY ARE GOING TO BE THERE AGAIN THROUGH THE SAME.
THING TO MAKE DEPOSITORS ENTIRE DUE TO THE FACT THAT AT THIS FACTOR YOU HAVE.
TO ENVISION ANY FINANCIAL INSTITUTION THEY MAKE.
DEPOSITORS WHOLE WILL HAVE SOME LEVEL OF CONTAGION THREAT.
RELATED TO IT. LISA: THE PROBLEM IS THE COST.
CONNECTED WITH THAT BUT PROCEEDS TO MAKE STOCK.
CAPITALISTS NERVOUS AND YOU” RE NOT SOLVING THE ULTIMATE.
TROUBLE, A MISMATCH IS THE DURATION OF THE SMALLER FINANCIAL INSTITUTIONS.
THAT EVEN MORE UNPREDICTABLE DOWN PAYMENTS AND ALSO LIKEWISE TRADED BASIS. SHE CONTAINER NOT TALK HER if YOU ARE NOT RESOLVING THE TROUBLE.
METHOD OUT OF THIS AND IT IS NOT HER TROUBLE TO TALK OUT. JONATHAN: WE ARE ON THE VERY SAME WEB PAGE. PROVIDE IT A FEW DAYS.THIS BOND MARKET RALLY IS GROWING QUICKLY. TEAR DOWN. EQUITIES SOFTWARE THIS MORNING DOWN– SOFTER THIS EARLY MORNING.
THE EURO EVEN WITH HAWKISH CENTRAL FINANCIAL INSTITUTION TALK, STILL WEAKER. THE EURO AGAINST THE BUCK 107.
39. JOINING United States NOW, AMH WHAT MARK.
MARKET SECRETARY YELLEN SAY? ANNMARIE:.
THE STRATEGY IF SHE DOES NOT SAY ANYMORE. THE OTHER DAY WAS THE CLEANING FOR THE MARKETS AS WELL AS FOR CONGRESS. IF THERE IS THIS IDEA OF THE FDIC INSURANCE LIMIT HANDICAP.
IN THERE HANDS AS WELL AS I BELIEVE THAT AS WHAT ASSISTANT YELLIN WAS.
WHEN SHE WAS ASKED ABOUT, trying TO SAY ONLY SAY IN HER CUTE.
THIS AS WELL AS SHE CLAIMED WE HAVE NOT DISCUSSED THIS BIKE TECHNIQUE TO.
FDIC INSURANCE POLICY DEPOSITORS ASSURANCE BECAUSE THAT REMAINS IN.
THE HANDS OF LEGISLATORS.THE MARKETS TANKED SO THE OTHER DAY. SHE WANTS TO MAKE SURE THAT SHE PUT THE MARKETS MINDFUL OF THERE. WAS A SYSTEMIC EMERGENCY SITUATION NEED
FOR THIS, THIS IS SOMETHING. THEY COULD TO TIP IN.
FOR NOW THAT IS ALL THERE TO. THERE IS GOING TO BE MORE CONTAGION, WE HAVE TO STEP IN. LISA: POSSIBLY YOU ‘ RE TALKING TOO MUCH.
WHAT TYPE OF SIGNAL DO YOU TAKE. FROM THAT IN REGARDS TO STRUCTURE THIS FOR CONGRESS MEMBERS TO.
ACT IN DEPOSIT, GIVEN THERE ARE POLITICAL LIABILITIES.
AROUND THAT? ANNMARIE: WHEN IT INVOLVES DEPOSITORS,. WHEN I TALK WITH CONGRESSMEN AS WELL AS FEMALES THEY KEEP PHRASE THEY. INTEND TO SEE ALL THE DETAILS FIRST AND ALSO THEY DO NOT INTEND TO. DUE TO THE FACT THAT IT WAS A SITUATION
AND AND ALSO, just FIRE AT THE HIP. NEXT WEEK THERE ‘ S GOING TO BE A LOTS OF HEARINGS AS WELL AS YOU ‘ RE. GOING TO HAVE REGULATORS ON THE HILL.
THEY INVITED BANK EXECUTIVES OF THE FELL SHORT BANKS AS WELL AS AFTER THAT. IF CONGRESS IS, you POTENTIALLY WILL CERTAINLY PERHAPS SEE MOMENTUM IN–. GOING TO INCREASE THE CAP SUCHES AS AS WELL AS STATED.– LIKE SENATOR WARREN SAID. THEY DO NOT KNOW A NUMBER.
POTENTIALLY NORTH OF$ 250,000 COULD BE RAISED.
WHEN IT INVOLVES THE FINANCIAL OBLIGATION CEILING THIS IS ACTUALLY. BEGINNING TO WARMTH UP A LITTLE LITTLE BIT. WE HEARD FROM THE REPUBLICAN POLITICIAN SPENDING PLAN CHAIR AND ALSO THEY STATED THEY. ARE READY TO HEAD TO THE WHITE HOUSE WITH WHAT IS CALLED A. FINANCIAL DEBT SHEET.A DEBT LIMIT
SHEET TELLING THE. BIDEN ADMINISTRATION FIRST SPEAKER MCCARTHY ‘ S

OFFICE THESE. ARE THE NEEDS IN ORDER TO SUBSCRIBE TO RAISE THE DEBT. CEILING.
STATED THEY NEED TO SEE THE PUBLIC AND BUDGET. THAT ‘ S NOT GOING TO MAKE IT BY APRIL 15.
IT IS THE FIRST TIME SINCE MCCARTHY INVITED– MCCARTHY. AND ALSO BIDEN SPOKE WE ARE SEEING AN INCH TO POTENTIAL.
DISCUSSIONS ON DAZZLING TALKS. JONATHAN:.
— TALKS GO WITH JUSTIN TRUDEAU? THAT.THEY ‘ RE GOING TO BE DISCUSSING. THINGS LIKE THE WAR IN UKRAINE, CANADA ‘ S INITIATIVES TO ASSISTANCE THE.
U.S. AS WELL AS OTHER ALLIES. THIS IS A REGULAR QUIT FOR THE.
HEAD OF STATE. YOU NEED TO VISIT YOUR
NEIGHBOR. TO THE NORTH.
I WOULD NOT ANTICIPATE A LOT OF.
NEWS BUT IT COMES AT An EXCELLENT TIME FOR BIDEN. HE HAS NOT BEEN OUT FRONT DISCUSSING WHAT IS HAPPENING.
IN THE MARKETS. HE HAS LEFT THAT THIS TREASURY.
ASSISTANT. THE FED CHAIR DISCUSSED IT.
THIS WEEK. HE HAS BEEN TALKING WITH THE.
CELEBRITIES. BRUCE SPRINGSTEEN WAS THERE.
THIS WEEK. WHEN HE COMES BACK HIS DEMO AND ALSO HIM IS GOING.
ON A 20 STRAIGHT POOR AND ALSO PITCH THE LEGISLATIVE– 20 STATE.
YOU” RE PHRASE THE HEAD OF STATE IS IN CAMPAIGN SETTING
? IT IS PARTLY CAMPAIGN SETTING AND POINTING THE FINGER AT.
CONGRESS, POINTING FINGER AT FINANCIAL INSTITUTION EXECUTIVES AS WELL AS LETTING HIS.
CLOSET MEMBERS AND JANET YELLEN AS WELL AS THE HIS PRIMARY OF.
TEAM ALLOWING THEM TO HANDLE THE MARKETPLACE RESULTS AND NOT.
GETTING THE PRESIDENT BEFORE REPORTERS OR CHEMISTS TALK.
REGARDING IT. THIS COULD BE BECAUSE THEY DO.
NOT INTEND TO SPARK EVEN MORE CONCERN AND ALSO RISK. AT THE PRESIDENT IS CONCERNED US ARE SPEAKING REGARDING IT, IT IS.
PROBABLY NERVOUS JITTERS FOR THE MARKETPLACE AS WELL.JONATHAN:.

AMH, THANK YOU. THERE ARE TWO WAYS OF LOOKING.
AT THIS. ONE, HE IS SIMPLY LEAVING HIS.
TREASURY SECRETARY SOCIALIZING TO DRY. ANOTHER, THEY ARE DAMNED IF.
THEY DO, AND DAMNED THEY DO NOT. LISA:.
THAT” S A REASON THEY NOT COME OUT. THEY ARE LOOKING TO PERFORM THAT BUT BEHIND THE SCENES AS WELL AS IT IS A.
REASON PEOPLE ARE CHECKING OUT THE INFORMATION, LOOKING AT HOW.
MUCH CASH IS STILL BEING LENT OUT TO BANKS AND ALSO SAYING IT IS.
JONATHAN: TED LASSO. LISA: HE IS DOWN THERE. JONATHAN: IS A SEASON OUT?

THE END OF DAY OR COME UP WITH A SAY DATA DEPENDENT, YOU HAVE. TERRY AS WELL AS AREAS SAY JOYCE IS NOW.WHAT DID YOU MAKE OF THAT? THEY SAY WE OBTAIN RIDICULOUS NEWS BIZ, ENJOYABLE A DANCING RELOCATES. GOING TO ELEVATE THE CAP SUCHES AS AND SAID. CLAIMED THEY NEED TO SEE THE PUBLIC AND BUDGET PLAN.LISA:
IS THIS PROGRAM AVAILABLE ON BRITBOX? ON BREADBOX AFTER THAT YOU– BRITBOX.
EVERY DISCUSSION IS, THIS IS HOW THEY DO THIS IN AMERICA.
[GIGGLING] JONATHAN:
I AM NOT BITTER. ANYWAY. LISA: ISN” T IT SO MUCH BETTER IN THE UNITED KINGDOM? TOM: HE ASKS ME THAT ALL THE TIME. THE FACTOR IS TO TRY TO OBTAIN ME TO UPSET AMERICANS. HE WISHES ONE DAY I WILL CERTAINLY GO HOUSE. IT IS NOT HAPPENING. FROM NEW YORK, GOOD MONEY. EQUITY FUTURES ADVERSE FACTOR 75% ON THE S&P. TWO YEAR SUB 360 NOW. STILL LOVE IT, AGGRESSIVELY SO BY 18 BASIS POINTS. ON A 10 YEAR, DOWN BY 12 BASIS POINTS.3.31 ON A TEN YEARS. THIS WHOLE CURVE GRAVITATING IN THE DIRECTION OF 3%. I DO NOT KNOW WHAT IS GOING TO INTERRUPT THIS FAD. THIS IS WHAT THE PROFESSION– FROM.
JP MORGAN WAS TALKING ABOUT. 30 BASIS FACTORS AWAY FROM A 10.
YEAR. FX MARKET, GERMAN RESERVE BANK.
GUVS SAYING THERE IS EVEN MORE TO DO. Q3, I WISH TO SPEED UP UP QT. EURO BEGINS GOING DOWN. EURO-DOLLAR 1.745. A REAL KIP DOWN A REAL KIP DOWN.
RISK. THE LAST 2 HRS, EQUITIES.
FELL OUT OF BED. BUCK RIPPED AND ALSO FRONT END OF.
THIS CONTOUR STARTED TO RALLY HARD. LISA:.
I DO NOT LIKE GIVING A STORY TO THIS. I WILL CERTAINLY BE MADE TO APPEARANCE FOOLISH SWIFTLY. I WONDER JUST HOW MUCH IS TURK NICOLE– TECHNICAL IN TERMS OF.
UNWINDS. DIFFICULT TO EXPLAIN THE FOUNDATIONS OF IT. WE HAVE A LOOK AT SEVERAL OF THE NAMES IN THE BANK COMPLICATED,.
DEUTSCHE FINANCIAL INSTITUTION ADRS.THEY ARE DOWN EVEN MORE THAN 10 %. WHY? I DO NOT KNOW. PICK YOUR REASON. WE ARE NOT SEEING IT. COMPARABLE WITH UBS, THOSE SHARES. DOWN NOT AS MUCH AS DEUTSCHE BANK. YOU SAW THE TURN LOWER. JUST RECENTLY.
ACCELERATING WITH LOSSES ON.
BOTH OF THESE SHARES NEAR SESSION LOWS. THIS IS BLEEDING BACK RIGHT INTO THE REGIONALS IN THE UNITED STATE POLITICAL ACTION COMMITTEE WEST AND ALSO WESTERN PARTNERSHIP, NOT FIRST REPUBLIC, BUT OTHER.
SHARES OF BANKS THAT HAVE COME RIGHT INTO STRESS IN THE UNITED.
STATES. PACK WEST SHARES GIVEN THAT MARCH 8.
DOWN 60 5%. WESTERN PARTNERSHIP SHARES DOWN.
JONATHAN: MENTAL. LISA: MASSIVE.
GOING TO CAP THE CONCERN SOME HAVE BEEN PERPETUATING. JONATHAN:.
EVERYTHING WE HAVE TALKING– BEEN TALKING ABOUT ALL.
I DIDN” T KNOW IT WAS ALL AT ONCE. LISA: DO YOU SEE IT? JONATHAN: I VIEWED IT AFTER IT WAS.
ALREADY OUT. I BINGED THAT. I WAS NOT THAT EXCITED WITH.
SEASON TWO. LISA: ALL. JONATHAN:.
I WILL SEE WHAT REMAINS IN SHOP FOR SEASON THREE. EVERYONE HAS AN OPINION.LISA: I THINK

I MUST OBTAIN BRITBOX. JONATHAN: ARE YOU GOING TO VIEW CORONATION ROAD? LISA:.
I” M GOING TO WATCH SOAP OPERAS. LISA: AS WELL AS ENJOY BRITISH SOAP OPERAS.
LIQUIDITY MARKETS CIO SIGNS UP WITH United States NOW. THIS IS A MONSTER STEP. THE TWO-YEAR TO SEE THE RETURN DOWN 18 BASIS POINTS. NO WE HAVE GOTTEN USED TO MOVES LIKE THIS, BUT IT IS UNUSUAL. TO SEE THE BOND MARKET ACTION THE MEANS IT HAS THE LAST NUMBER OF.
WEEKS. WHAT DO YOU BELIEVE IT SIGNIFIES? >> > > I BELIEVE IT SIGNALS THERE IS.
DISCONTENT AS WELL AS AN SURETY IN THE ECONOMY. THROUGHOUTS THE LAST TWO.
WEEKS, YOU CHECK OUT FED FUNDS FUTURES, WE HAVE GONE FROM.
BEFORE THE REGIONAL FINANCIAL CONCERNS IN THE UNITED STATE EXPECTING A TERMINAL RATE OF 5.70, COMPLETELY DOWN TO.
EXPECTING A TERMINAL PRICE OF 4.60. NOW, SORT OF BACKUP IN THE 5.10.
LOCATION BASED ON THE FOMC CONFERENCE. THERE IS NO SENTENCE OF.
INDIVIDUALS SEEING DIFFERENT DATA BEING REPORTED FROM.
AN ECONOMIC POINT OFVIEW, WHETHER RISING COST OF LIVING, RETAIL BUSINESS, ANY.
NUMBER OF STATS. AFTER THAT, THEY SEE TALES ABOUT.
DEBT SUISSE. TALES ABOUT SILICON VALLEY.
FINANCIAL INSTITUTION, THE BANK TERM FUNDING PROGRAM. THERE IS SIMPLY– I ASSUME IT IS VIEW BASED ON WHAT THE.
LAST INFORMATION WAS THAT YOU SAW. IT IS DRIVING THE MARKET ON A DAY BY DAY, HOUR-BY-HOUR BASIS.
IT HAS BEEN THE LARGEST TWO WEEK BOOST IN CASH MARKET. DILEMMA PERIOD ‘ S. PERIOD.I THINK THOSE WERE DRIVEN BY.
MOSTLY CONCERN AND ALSO PEOPLE WERE LIVING THE
THREAT MARKETS, THE. EQUITY MARKET, THE LONGER TERM REPAIRED INCOME MARKET. THEY WERE BEING DRIVEN INTO DEPOSITS AS WELL AS MONEY MARKET FUNDS. FOR THIS SET, I THINK THERE IS MONEY COMING OUT OF DEPOSITS. MAYBE IT BEGAN WITH A REASONABLE VIEWPOINT WAY BACK 2 WEEKS. AGO. APPEARS LIKE IT COULD HAVE BEEN. 2 MONTHS EARLIER.
JUST 2 WEEKS WITH PROBLEMS OF.
SILICON VALLEY FINANCIAL INSTITUTION AND TRADEMARK.
INEVITABLY, I BELIEVE WHAT THAT DID IS CAUSE PEOPLE TO LOOK AT. WHERE THEIR TEMPORARY LIQUIDITY IS. A GREAT DEAL OF IT IS IN NEUTRAL DEPOSITS OR IN INSURED. DOWN PAYMENTS, BUT WITH VERY LOW PRICES.
70 FIVE BASIS POINTS, 1%. YOU LOOK AT SOMETHING when YOU LOOK AT A MONEY MARKET FUND. THAT IS CLIMBING IN THE DIRECTION OF 5% WITH A GREAT DEAL OF DIVERSE.– DIVERSIFICATION AND ALSO HIGHER CREDIT REPORT QUALITY THAN WHAT A BANK. FINANCING PORTFOLIO WITH– WOULD OFFER YOU, WHICH WOULD USUALLY. BE BACKING BANK DEPOSITS. IT IS VARIOUS AS TO THE.
BEGINNING OF THIS MONEY FOR THIS TIME AROUND VERSUS WHAT IT WAS IN 2020. AS WELL AS 2008. LISA: IS IT NOT MIRRORED NECESSARILY.
IN WHAT YOUR CUSTOMERS ARE DOING, WHAT NEED TO SEE IN REGARDS TO. POSITIONING OF THEIR PROPERTY? HAVE YOU NOT SEEN THE SAME.
DEGREE OF INFLOWS AT ONCE OF THRILL INTO? CASH MARKET FUNDS DEBORAH: WE HAVE SEEN A HUGE QUANTITY. CAN BE FOUND IN TO OUR LIQUIDITY AND CASH MARKET FUND PRODUCTS.
MUCH OF THE INFO THE ICI HAS ACTUALLY PROVIDED, QUITE. REFLECTED OF CRANE DATA.MONEY MARKET PROPERTY ARE AT. ALL-TIME HIGHS.
RATHER, WHAT WE ARE SEEING IS DEPOSITS AT BANKS DOWN OVER THE. COURSE OF THE LAST 2 YEARS TO TRILLION DOLLARS. I BELIEVE IT IS UPCOMING OUT OF.
BANK, I BELIEVE ARE REFLECTIVE OF DIVERSITY IN THE.
LIQUIDITY MARKETS, IN THE MONEY MARKET FUNDS FROM THOSE.
DEPOSITS. JONATHAN: IS THIS A PROBLEM THAT CONTAINER BE.
DEBORAH: I THINK IT IS SOMETHING THAT ‘ LL. TIMIDLY– THAT INEVITABLY COULD OBTAIN YOU BACK TO NO IF. DO IN 2024 AND 2025 ISN ‘ T GOING TO CHANGE IT MUCH BECAUSE BANK.
POSITIVE PRICES LAG RATES OF INTEREST RISING, BUT ARE STICKY.
WITH RATE OF INTEREST PRICES GOING DOWN.I DO NOT THINK YOU ARE GOING TO.
SEE A GO BACK TO ABSOLUTELY NO OR OTHERWISE BECAUSE SORT OF CIRCUMSTANCE.
I BELIEVE THAT MINOR CUTS THAT MIGHT COME IN 2024 OR 2025 IS. JONATHAN: WHAT DO YOU THINK IS MORE. I ASSUME THEY OBTAINED A LITTLE COVER.
I FEEL LIKE THAT GAVE THE FED A. LITTLE COVER TO INCREASE FEES THIS WEEK 20 FIVE BASIS POINTS.
I BELIEVE THAT IT ‘ S EXACTLY THE SIGNAL THEY INTENDED TO OFFER. THEY ARE COMBATING INFLATION, DEALING WITH THEIR CORE. MANDATE, NOT BATTLING SOME KIND OF FINANCIAL SITUATION IN THE UNITED STATE JONATHAN: DEBORAH CUNNINGHAM, MANY THANKS.
TO SOME POINT, LET ‘ S DISCOVER THIS. THE FED COULD GET THEMSELVES IN A BIND. THEY HAVE BASICALLY TOLD United States THE FINANCIAL STRESS AND ANXIETY, THE’. DIFFICULTIES, THE INSTABILITY OF THE LAST 2 WEEKS IS A. ALTERNATIVE FOR HIKES SOMEWHAT.
IT MIGHT HAVE PUT A NUMBER ON THAT PARTICULAR OF ABOUT 50 BASIS POINTS. LET ‘ S SAY IT OBTAINS WORSE. WE REMAIN IN AS WELL AS AROUND WHERE THE. AVERAGE DOT RIGHT NOW IS FOR’5.1% FOR 2023. WOULDN ‘ T IT MAKE SENSE TO REDUCE RATE OF INTEREST if IT GETS WORDS. RATES? YOU ARE SAYING FINANCIAL INSTABILITY IS An ALTERNATIVE TO.
RATE HIKES.IF YOU ASSUME YOU ARE CLOSE TO. LISA:. SEEING IN MARKETS.
THAT YOU CAN REDUCE PRICES BUT HAVE MONETARY POLICY THAT IS. YOU HAVE TO THINK ABOUT IT THIS WAY. IF WE HAD THE SCP TWO
WEEKS.
THE REALITY THEY LEFT IT AT 5.1 ON. LEADING OF FINANCIAL INSTABILITY THE PAST 2 WEEKS, DON ‘ T THINK.
LISA: IT IS NOT ENCOURAGING TO THINK. LISA: INDIVIDUALS NEED TO SEE SOME STAMINA THERE. INFORMATION FROM AROUND THE GLOBE WITH THE FIRST WORD I AM LISA MATEO.
SUBPOENAS WENT TO WORKERS OF
MAJOR BANKS. BLOOMBERG ‘ S DAVID IN GLACE IN HONG KONG. > > I REALLY HOPE WE ARE WITH THE.
THE WORLD.

THE WEAK POINTS HAVE BEEN. SUBJECTED IN THE NATIONS THAT HAVE >> HAD PROBLEM THAT NEED TO.
BE ADDRESSED NOW. IT CERTAINLY SEEMS THE ACUTE.
STAGE OF THE CRISIS IS DONE.
LISA: WHEN ASKED IF HE WOULD BE. READY TO PURCHASE A BRAND-NEW CREDIT HISTORY SUISSE ASSETS, HE STATED STANDARD.
THAN 2,700 JOURNALISTS AND ALSO EXPERTS IN OVER ONE HUNDRED 20.
COUNTRIES. I AM LISA MATEO, AND THIS IS.
BLOOMBERG. ♪ > > HAS BYTEDANCE BEEN ON–.
SPIED ON AMERICAN RESIDENTS? > > I DO NOT THINK YOU CONTAINER.
EXPLAIN– > > FACEPALM. REALLY HARD.
SIMPLY, BRUTAL. I DO >> NOT THINK SPYING IS THE RIGHT
MEANS TO DESCRIBE IT. I ASSUMED HIS EFFICIENCY
THE OTHER DAY WAS >> SLEEK. SAID IT A FEW TIMES THIS EARLY MORNING, SLICK PERSON. THAT WAS A DIFFICULT MOMENT, A DIFFICULT MOMENT.LISA:. THEY WERE SEEKING ONE BLUNDER. THEY OBTAINED ONE. IT IS NOT NECESSARILY SUBSTANTIVE. THE BASE LINE IS, THERE IS AN.

IMPACT THE CHINESE FEDERAL GOVERNMENT COULD OBTAIN GAIN ACCESS TO TO. THE DATA THAT IS COLLECTED BY TIKTOK ANY TIME THEY WISH. HE WAS UNABLE TO RELAY THOSE FEARS IN THE MEANS THOSE. POLITICAL LEADERS WOULD HAVE LIKED, NOT THAT THEY COULD HAVE HAD. THOSE FEARS LATE ANYHOW. JONATHAN:. THAT EXCHANGE, HAS BITE DANCING SPIED ON AMERICAN
RESIDENTS? I PUT ON ‘ T THINK SPYING IS THE METHOD– IS
PROPERLY TO DESCRIBE.
IT. I ASSUME I COULD PLAY THAT ALL. DAY. THAT IS INSANE. LISA:’PRO POINTER, ANYONE ASKS YOU THAT,. YOU SAY NO. AFTER THAT, SAY ANYTHING WET
. YOU RESPOND TO STRAIGHT SO THE SOUNDBITE CAPTURES. JONATHAN:. HE CLAIMED THAT RATHER. WHAT SORT OF QUESTION PERMISSION. IS THAT INCREASE? HOW WOULD HE EXPLAIN IT? LISA:.
COLLECTING DATA THAT COULD BE USED FOR LOTS OF OTHER PURPOSES
. JONATHAN: RIGHT.OK. LISA: WHAT IS THE DISTINCTION BETWEEN.
TIKTOK AS WELL AS OTHER SOCIAL MEDIA COMPANIES? JONATHAN:.
FACEBOOK IS NOT THERE. LISA: WELL, IS THAT THE ISSUE? OR IS
IT THAT THE CHINESE GOVERNMENT HAS SHOWN JUST RECENTLY. THEY ARE EVEN MORE EAGER TO IN PRO– ENCROACH ON SERVICE. GOVERNMENT DIVIDE AS WELL AS ALWAYS HAVE BEEN? JONATHAN:. WHY ISN ‘ T FACEBOOK THERE? THE ISSUES OF THE CHINESE. FEDERAL GOVERNMENT ABOUT FOREIGN TECH COINCIDE WORRIES THE U.S. HAS CONCERNING TECH APPEARING OF CHINA NOW. THIS GOES BACK TO RECIPROCITY. WHY ARE WE TALKING ABOUT THAT. EVEN MORE? LISA: AT WHAT POINT DOES THAT STRETCH. INTO APPLE, EVERY ONE OF THE BIG TECH COMPANIES THAT HAVE CONSIDERABLE.
SERVICES IN CHINA NO MATTER WHAT IP OR OTHER KINDS OF. PROTECTION PROBLEMS COULD OBTAIN BREACHED? JONATHAN: TRUE. HENRIETTA TREYZ JOINS United States NOW. WHAT A MINUTE.
I WOULD NOT SOME– SUBSCRIBE IT THAT WAY. I DO NOT THINK SPYING IS PROPERLY TO DESCRIBE IT. WHAT WERE YOUR IDEAS WHEN YOU HEARD THAT? HENRIETTA:. PLEASE STOP. THAT WAS TERRIBLE TO VIEW. IT WAS ONE OF ONE OF THE MOST HOSTILE HEARINGS I TIN.
LISA:. HENRIETTA: I DO NOT THINK THERE WILL CERTAINLY BE. I DO NOT THINK THERE WILL BE A NATIONAL RESTRICTION.
I UNDERSTAND THE OTHER DAY ‘ S HEARING WAS DYNAMITE, GOT A. GREAT DEAL OF FOCUS. CONGRESS IS NOT IN A PLACEMENT. TO PASS REGULATION TO RESTRICTION TIKTOK RIGHT NOW, EVEN.
WHAT I THINK IS HAPPENING,.
CAPITALISTS VIEW CATHERINE TIED WHEN SHE IS IN THE
SECOND. HEARING IN FRONT OF THE METHODS AND ALSO
SUGGESTS BOARD. SHE IS WRITING A BIG CHINA EXPENSE. THERE WERE DUELING HEARINGS AT. THE SAME TIME.IT YOU DID NOT– IF YOU WERE.
THINKING ABOUT PLAN

, YOU WOULD HAVE SEE THE SENATE FINANCING. HEARING. I WOULD ENCOURAGE PEOPLE TO.
VIEW CATHERINE TIED TODAY AT 9:00 A.M.
THEY HAVE CONCERNS REGARDING CHINA ‘ S EXPANSION INTO LATIN AMERICA,. BRAZIL, RUSSIA, IP BURGLARY, CIVIL RIGHTS, ENVIRONMENT PROBLEMS. THIS– THE TIKTOK CONCERN IS ONE THAT EFFICIENTLY BRINGS. EVERYBODY TO THE LAWN, OBTAINS THAT BIPARTISAN ASSISTANCE THAT. PERMITS THEM TO CRAFT A COMPREHENSIVE CHINA COSTS, WHICH. THE BIDEN MANAGEMENT IS HOPING TO DO AFTER THE FINANCIAL OBLIGATION. TAKING STANDOFF IS RESOLVED. WORST SCENARIO, IT IS
NEXT TERM. WHEN HE OBTAINS ELECTED. LISA: JUST HOW MUCH ARE YOU ENJOYING.
TIKTOK AND ALSO APPLE AND ALSO OTHER BIG TECHNOLOGY COMPANIES THAT HAS.
SUBSTANTIAL BUSINESSES IN CHINA? HENRIETTA:.
THIS IS WHAT REMAINS IN THE LIMITED ACT.
THAT IS THE ONE COSTS I BELIEVE COULD PASS ON TIKTOK. SECRETARY TO STUDY THE CONCERN AND RESTRICT OR RESTRICTION AS
THEY SEE. JONATHAN: THE TIKTOK CEO HAS HAD A TOUGH.
DAY. ASSISTANT YELLEN HAS HAD A DIFFICULT TWO WEEKS. WHERE IS THIS PLAN FOR HAPPENING THE FINANCIAL FRONT? HENRIETTA:. NOWHERE QUICK. I HAD SPOKEN WITH DEMOCRATS AS WELL AS REPUBLICANS,. HOME, SENATE FOR THE LAST TWO YEARS, HOWEVER IT HAS BEEN. BECAUSE THIS PERHAPS COLLAPSED. THE REALITY ON CAPITOL
HILL IS. THE RESIDENCE REPUBLICAN POLITICIAN CONFERENCE IS
UNPREPARED TO RELOCATE. LEGISLATION ON BANKING AT THIS TIME.
THERE ARE LOTS CONCEPTS FLOATING AROUND, BUT THERE IS NO PATH TO. TWO HUNDRED 18 BALLOTS FOR A BULK OF THE REPUBLICAN POLITICIAN. SEMINAR IN YOUR HOUSE ON ANY REGULATION.
WHAT I LISTEN TO TIME AND TIME ONCE AGAIN IS YOU NEED TO SEE THE IMPACT. COMPANIES, WHICH IS HOW A WHOLE LOT OF RESIDENCE REPUBLICANS THINK ABOUT. YOU NEED TO SEE FARMING BANKS,.
PROPERTY THAT IS REELING FROM THIS COLLAPSE AND.
POSSIBLY SEEING THEIR LENDING CAPABILITY SQUEEZED.
YOU REQUIRED TO SEE REAL HEARTLAND EFFECT THAT IS NOT IN A CERTAIN. ECONOMIC DOWNTURN AND ALSO WERE NOT HERE THROUGHOUT THE BANK COLLAPSE. DOWN PAYMENTS AND ALSO PASSING REGULATION TO WALK THE 2.
HUNDRED 50 THOUSAND DOLLARS CAP, ALL THEY SEE ‘ S BAILOUT. THAT IS NOT GOING TO COME ON THIS CONGRESS. JONATHAN:. CAN YOU RECOGNIZE A SYSTEM FOR THE TREASURY TO MOMENTARILY. SUSPEND THE LIMIT ON DOWN PAYMENTS? IS THERE A SYSTEM THAT. EXISTS IN YOUR MIND? HENRIETTA: ABSOLUTELY.
ONE THING I RECALL, I WAS DURING THE US SENATE DURING THE.
BANKING CRISIS. THE ABILITY FOR REGULATORS TO. ACT IS UNPARALLELED.THE MATTERS THEY CANISTER PULL OUT OF. THE HAT GO OVER.
THE MANY EMPHASES TODAY THAT I. KNOW TREASURY IS WORKING ON, SHORING

UP THE THINGS WE WOULD.
ASSUME OF FOREX ORDINARY MEASURES IN THE FINANCIAL OBLIGATION CEILING.
I WOULD ENCOURAGE FOLKS TO LOOK AT ASSISTANT GEITHNER ‘ S LETTER. HAS EXCLUSIVE FINANCING OVER THEY CONTAINER TOUCH RIGHT INTO
IN THE EVENT OF A. CRISISSITUATION
THE ESG FUND IS GETTING A LOT OF INTEREST. THE FUNDS THEY, WHICH WERE$ 260 MILLION AS OF JANUARY 31ST OF. THIS YEAR TO DEPLOY AS SHE SEES FIT.
I BELIEVE THAT IS WHERE A GREAT DEAL OF THE FOCUS SHOULD BE, ON. REGULATORS.I THINK HE KNOW CONGRESS IS. UNABLE OF ACTIVITY AS WELL AS ARE ALREADY PREPARED TO RELOCATE. THEY HAVE EXPERIENCE IF THE PARTICIPANTS OF THE HOUSE DO NOT.

JONATHAN: ON ASSISTANT
YELLEN, SHE WAS. ASKED WHETHER SHE DISCUSSED SOME OF THESE PROBLEMS. SHE CLAIMED SHE HAD NOT DISCUSSED THEM. I BATTLE TO BELIEVE THAT. SIMPLY STRUGGLE TO BELIEVE THE.
TREASURY HAD NOT HAD A DISCUSSION ABOUT DOING AWAY. WITH THE CAPITAL DEPOSIT INSURANCE WITH THE. MECHANISMS WHEREBY YOU HAVE IDENTIFIED.
WERE YOU SHOCKED SHE USED THAT LANGUAGE? HENRIETTA:.
I THINK THERE HAS BEEN TO AND FRO IN TERMS OF WHAT THEY ARE. TELEGRAMING. I OBTAIN THE GIVEN THAT THE. TREASURY IS TRYING TO SHOW, AND TENSION– EMANATE TRANQUILITY AND. STRESS AND ANXIETY THERE IS NOT A SYSTEMIC FINANCIAL SITUATION. I ASSUME ACTING UNILATERALLY TO GIVE UNRESTRICTED BACKSTOP.
JUST THINK ABOUT HOW QUICKLY THAT SOUNDS LIKE A BAILOUT,. ESPECIALLY WHEN YOU ‘ VE GOT GARY COP THROWING OUT NUMBERS. THAT CONVERSATION, I BELIEVE SHE CHOSE THE LEAST NEGATIVE ALTERNATIVE.
WEEK, BRAMO? LISA: TIKTOK CHIEF EXECUTIVE OFFICER.
JONATHAN: YOU SHED, YOU SHED. LISA:.
EXACTLY. > > WHAT YOU WILL CERTAINLY SEE IN THE. UNITED STATES AND THE U.K. IS DISASTROUS. INFORMATION WILL REVEAL AS WELL AS MAIN FINANCIAL INSTITUTIONS WILL CERTAINLY RELOCATE INTO PANIC SETTING. AS MARKETS ARE PRICING IN ALREADY.
> > THEY HAVE GOT TO PROGRAM THEY. BANKS. > > BANKS ARE WHERE THE RUBBER.
> > AS THE BANKING SITUATION. COOLS DOWN, THE DATA WILL CERTAINLY END UP BEING MORE PORTON.
> > IT IS >> GOING TO NEED TO CHANGE.
EXPRESSION, LET ‘ S GET YOU TO THE WEEKEND BREAK. THE LAST 2 WEEKENDS HAVEN ‘ T BEEN MUCH WEEKENDS. ALLOW ‘ S GET YOU TO A FAR BETTER WEEKEND BREAK.
DEUTSCHE FINANCIAL INSTITUTION DOWN 14 %. LISA: I WOULD AGREE. REGIONAL FINANCIAL INSTITUTION SUPPLIES IN THE U.S., ALSO UNDER PRESSURE,.
WHAT– WE DO NOT HAVE A SENSE OF WHERE THE DANGERS LIE. WHERE THE TEA LEAVES HIGHLIGHT THERE IS STILL SUFFICIENT STRESS AND ANXIETY. THE BANKS ARE BORROWING FROM FEDERAL AUTHORITIES.JONATHAN:. YOU GET A BIG when YOU HAVE TENSIONS AND ALSO PRESS IT THROUGH BONDS. RALLY. 2 YEAR RETURN DOWN 24 BASIS. POINTS. BELOW 3.60 ON THE SESSION. 10 YEARS DOWN 14 BASIS FACTORS.
LISA:. TWO MONTHS BACK, WE WERE SPEAKING REGARDING THE POTENTIAL FOR A– FED. FUNDS PRICE.
JANUARY NEXT YEAR. THERE HAS BEEN A REPRICING IN. REGARDS TO JUST HOW MUCH THE FED IS NOT GOING TO NEED TO WALK. RATES, BUT JUST HOW MUCH THEY ARE GOING TO CUT IN THE FACE OF.
SOME STRESS AND ANXIETY WE ARE SEEING IN THE BAKING SYSTEM.
AUTHORITIES ARE NOT CLAIMING IS THE CASE.

DEBORAH: I ASSUME IT IS SOMETHING THAT ‘ LL. I BELIEVE THEY OBTAINED A LITTLE COVER. I BELIEVE THAT IT ‘ S EXACTLY THE SIGNAL THEY DESIRED TO SUPPLY. LISA: IT IS NOT ENCOURAGING TO THINK. I DON ‘ T THINK SPYING IS THE MEANS– IS
THE RIGHT WAY METHOD DESCRIBE.YOU HAVE ACTUALLY ASKED A GREAT QUESTION.YOU ASK OVER AND OVER. OUR RATE CUTS GREAT FOR THREAT PROPERTIES IN AN ENVIRONMENT IN WHICH
IT MEANS THE ECONOMIC SITUATION AND CREDIT REPORT TIGHTENING UP IS DOING THE FUNCTION
FOR THE FED? JONATHAN: NOT ALL RATE CUTS ARE CREATED
SIMILARLY. IF YOU ARE REDUCING INTEREST

RATES DUE TO THE FACT THAT POINTS ARE SPLITTING, I AM UNSURE THINGS
ARE FANTASTIC. INDIVIDUAL THAT NEED TO PLAY THE
HEALING, THE POINT OF TENSION FOR ME AND I AM ASKING
QUESTIONS ABOUT– SHE WAS TALKING ABOUT THE TRADE AFTER
THE TRADE. THE RECOVERY TO THE RECESSION
WE HAVE NOT HAD YET.DO YOU DESIRED TO BEGINNING PLANNING
THE RECOVERY UNTIL YOU HAVE BEGIN SEEING THE RE-CESSION? LISA: WHERE INDIVIDUALS SEE REAL YIELDS
GOING LOWER IS MUCH LOWER. DOES THAT OFFER YOU A BOOST?TO
DANGER PROPERTIES IF INDIVIDUALS THINK, THE FED BACKS AWAY FROM RATE
HIKE SOONER, DOES THAT MEAN HIGHER RISING COST OF LIVING FOR LONGER? IF THE ANXIETIES IN THE, HOW DO WE PLAY THAT PROFESSION OUT
FINANCIAL SYSTEM CAP THE POTENTIAL FOR JUST HOW MUCH THIS FED
CAN FIGHT RISING COST OF LIVING WHEN IT STILL IS AN CONCERN? JONATHAN:
THAT IS THE WRINKLE IN THIS TALE. THERE IS An IDEA IT WILL PULL BACK BECAUSE IT IS A.
DISINFLATIONARY SHOCK AND ALSO WILL CERTAINLY REMOVE THE RISING COST OF LIVING.
ISSUE. NASDAQ TORE OF THE LAST.
PAIR OF WEEKS. S&P DOWN 1% ON THE S&P 500. FUTURES ARE SOFTER. BUCK IS STRONGER. EURO DOWNSIDE.9%. A BIG RALLY IN THE BOND MARKET. JOINING US NOW IS THE CIO OF.
PERU ME WIDE RANGE. YOU” VE USUALLY GOT A. INTERESTING TRADE. YOU HELD A FEW OF THE FINANCIAL OBLIGATION. WALKED ME THROUGH HOW THAT FUNCTIONED OUT.

>> > > I WAS COMPONENT OF
CREDIT SCORE SUISSE. IN 2014.
THE BEGINNING OF MARCH, I. COVERED IT AT 2.9 SWISS FRANCS. A 70% RETURN ON THE SHOP. THESIS WAS, NOT MUCH UPSIDE IN THE EQUITY, ALTHOUGH IT WAS.
BONDS ARE GOING TO BE SAFE. THEY ARE SYSTEMICALLY ESSENTIAL FIRM, BONDS COULD NOT FAIL.
OVER THE WEEKEND BREAK. JONATHAN: I MAKE SURE YOU DID. PATRICK:.
SOME ARE SENIOR BONDS AT THE GROUP DEGREE. IF IT WAS A REQUIRED POSSESSION SALE AND ALSO UBS, THERE WERE SCENARIOS WERE.
DIDN” T BUY THE GROUP, THOSE BONDS WOULD HAVE COME UNDER.
STRESS. IT HAS ACTUALLY ENDED UP BEING A GREAT.
SUISSE, WE ARE FINANCIAL INSTITUTION– FINANCIAL INSTITUTION OF CANADA NOW. THE CANADIAN FINANCIAL INSTITUTIONS BECAME THE BIGGEST FINANCIAL INSTITUTIONS IN THE WORLD AND ALSO.
THE FINANCIAL CRISIS. THEY WERE NOT DAMAGED BY THE.
SAME ISSUES ALL THE VARIOUS OTHER FINANCIAL INSTITUTIONS VALUE. I BELIEVE THEY ARE CONSIDERED AS A BEACON OF SAFETY AND SECURITY. CANADIAN FINANCIAL INSTITUTIONS HAVE A HOME BUBBLE TO TAKE CARE OF. THEY ARE REALLY PRICEY. YOU CONSIDER EVERY OTHER FINANCIAL INSTITUTION IN.
THE GLOBE THEY ARE TRADING AT PORTIONS OF GLOBAL WORTH. CANADA IS STILL TRADING OF MULTIPLES OF TENS OVER VALUE. QUITE POSSIBLY RUN BANKS WITH A PROFITABLE– HOME BUBBLE.
PATRICK: HOME IS ALWAYS REALLY HIGH TO. PRICE INDEX, CANADA IS.
PROPERTY PRICES HAVE ACTUALLY GONE UP. FOUR LOTS PERCENT.
EARNINGS ARE CLIMBING WITH THE. REMAINDER OF THE WORLD.
RESIDENTIAL OR COMMERCIAL PROPERTY COST JUMPS EVERY, WERE AMPLIFIED IN CANADA. MARKET, ESPECIALLY IN BIG CITIES. LISA:.
EXPENSIVE VERSUS OTHER FINANCIAL INSTITUTIONS, EXTREMELY HIGH– VALUE, HIGH UNDER. YOU ARE GOING TO SEE IMPAIRMENTS. FINANCIAL INSTITUTIONS SERVICES VERSION, YOU PROVIDE MONEY TO INDIVIDUALS TO BUY HOUSES.
LISA:. THAT IS’NOT SIMPLY A CANADIAN TALE. THERE IS POCKETS OF CONCERNS AS WELL AS THE SCANDINAVIAN COUNTRIES AS WELL AS. OTHER LOCATIONS WHERE THERE IS AN AFFORDABILITY TROUBLE. IT IS ALSO PRIVATE EQUITY, PRIVATE DEBT. WE HAVE HEARD THIS FROM A VARIETY OF INDIVIDUALS. OTHERS PUSH BACK AND SAY, EITHER REPRICED OR YOU WON ‘ T. NEED TO REPRICED BECAUSE POSSESSIONS WILL
GO BACK TO THEIR WORTH. LATER ON.DO YOU BELIEVE THAT IS FAIR OR DO.
YOU BELIEVE THERE

ARE NOTES OF POTENTIAL POLLUTION SHOULD. THERE BE FORCED SALES, COST DISCOVERY IN? PATRICK:.
THERE IS NO WAY PERSONAL EQUITY if YOU MARK TO MARKET CORRECTLY. EVADED THE SELLOFF AND TREASURIES, THE SELLOFF IN. EQUITIES, THE SELLOFF IN EVERY ASSET IN 20 20 2. EXCLUSIVE EQUITY FUNDS MARK THEIR ASSETS DOWN 6%. THOSE ARE NOT FEASIBLE DEGREE. QT, PRIVATE EQUITY LENDING BY. PRIVATE– A PLAY ON HIGHER RATE OF INTEREST AND ALSO FIRMS. THAT HAVE PROFITABILITY.
CLAIMED CONCERNING NOTING TO MARKET ABOUT WHAT YOU WANT THE MARKET. JONATHAN: TELL ME ABOUT THE LONGS. WHAT IS YOUR FAVORITE LONG RIGHT NOW?
I LIKE THE BDA. , if WE ARE TALKING ABOUT BANKS.THAT IS A FIRM THAT IS GOING.
.
TO GROW ITS INCOME PROBABLY AT 15% MINIMUM THIS YEAR.

THEY ANTICIPATE TO GROW REVENUE AT 20 5%
. RATE OF INTEREST PRICES ARE NOT ABSOLUTELY NO ANYMORE. THAT WAS A BIG HEADWIND TO SUCCESS. I AM NOT ANTI-BANK. I BELIEVE A FEW OF THE BANKS MAKE. SENSE. I SUCH AS EXTRA LONGS WITH SHORTS. BBV IS ATTRACTIVE JONATHAN: JONATHAN: TO REVIEW RENAULT
. THE ECB IS COMING OUT SWINGING SPEAKING ABOUT EVEN MORE WALKS. YOU LISTENED TO THE GOVERNMENT–. PATRICK: COST STABILITY, FINANCIAL. STABILITY IS FIRST AND FOREMOST.THE CENTRAL BANKS– I. THINK WE ARE NOT GOING TO GET AS HAWKISH OF A REACTION AS WE.
WOULD OTHERWISE. IT IS GOING TO FILL THE SEATS.
FOR FUTURE RISING COST OF LIVING DOWN THE LINE. WHEN, future FINANCIAL INSTITUTIONS PLAYBOOK.
THERE IS FUTURE TENSIONS TOSS LIQUIDITY AT IT
. YOU ‘ VE GOT PROBLEMS TIGHTENING UP THAT ARE OFFSET BY.
LIQUIDITY TODAY. IT IS NOT INFLATIONARY. CURRENTLY’. THEY TEND TO LEAVE. THOSE PLANS IN POSITION LONGER THAN THEY SHOULD. I ASSUME INFLATION IS PERISHING OUT
FAST TODAY. I THINK IT HAS POSSIBLY
GOT ANOTHER LEG UP IN FEEDBACK TO. WHAT IS HAPPENING FROM CENTRAL BANKS IN THE COMING MONTHS. JONATHAN: WHAT IS THE DEVELOPMENT ACCOUNT. RELATED TO THAT RISING COST OF LIVING CALL? PATRICK: I ASSUME THE UNITED STATE IS GOING TO COME UNDER A TECHNICAL ECONOMIC CRISIS PROBABLY. JUST BASED ON THE TIGHTER FINANCIAL CONDITIONS, ACCESS TO. CREDIT SCORES. MY SIGHT AS A MONTH AGO IT WOULD. NOT.MY VIEW IS CURRENTLY, IT POSSIBLY WILL, BUT IT IS GOING TO BE.
REASONABLY MINOR. THE WORK SCENARIO IS.
GOING TO BE A BUST. JOBLESS INDIVIDUAL, THAT IS GOING TO REPAINT A GREAT DEAL BEFORE YOU. JONATHAN: PATRICK ARMSTRONG, I AM CERTAIN HE.
77% MOVE. LISA: HE DID WELL FOR HIMSELF. WHAT YOU ASKED WAS IMPORTANT,.
WHAT GROWTH ACCOUNT IS CONNECTED WITH INFLATION OVER. THE LONGER TERM AND ALSO THE INCREASE YOU MIGHT SEE IN. STIMULATION. A GREAT DEAL OF PEOPLE CALLING FOR. STAG INFLATION. THAT IS IN WHICH A GREAT DEAL OF PEOPLE. ARE CONCERNED ABOUT, WHERE DO YOU GO IF YOU HAVE THAT KIND OF. ATMOSPHERE, IF CENTRAL BANKS ARE COMPELLED TO EXPEND A. ISSUE DRIVEN BY THE FINANCIAL SYSTEM? IT LEAVES US BACK TO FRESH START IN TERMS
OF LOCATING INFLATION. JONATHAN: THE CALL ON CANADA ‘ S INFLATION
. IT IS NOT SIMPLY CANADA, EQUITIES, BANKS. WE HAVE CAME ACROSS THE FX TELEPHONE CALL BEING ASSOCIATED WITH THE. HOME BUBBLE.LISA: YOU WISH TO ENTER INTO A PLACE. WHERE THEY DO NOT’NECESSARILY NEED TO SEE A SIGNIFICANT. DECLINE IN HOME PRICES. AGAIN, THE FX ANALYSTS ARE.
BECOMING PROFESSIONALS

AND ALSO WHATEVER IS THE NARRATIVE DID SURE.
TODAY, IT IS WHERE THERE ARE NOTES OF CONTAGION AS WELL AS.
DEUTSCHE FINANCIAL INSTITUTION DOWN 14%. REPUBLIC DOWN 4.5 %.
ON MARKET, TWO-YEAR 3.58. ♪ LISA: KEEPING YOU CURRENT WITH NEWS FROM AROUND THE GLOBE. MARKET VALUE.HE WAS ALREADY A FUGITIVE FROM.
CHARGES IN HIS CITIZEN SOUTH KOREA. HE WAS ARRESTED THURSDAY IN MONTENEGRO. WHICH A BANK HAS END UP BEING THE MOST UP TO DATE FOCUS OF THE BANKING.
CHAOS IN EUROPE. SHARES DROPPED AND THE EXPENSES OF. INSURING AGAINST THE GERMAN LENDERS FAIL AROSE. DEUTSCHE FINANCIAL INSTITUTION HAS STAGED A RECOVERY OVER THE LAST FEW YEARS AFTER. A SERIES OF ISSUES. TODAY, IT HAS ACTUALLY CLAIMED IT WOULD REDEEM A PEER. TO SUBORDINATED BOND EARLY, A RELOCATION MEANT TO OFFER CAPITALISTS.
CONFIDENCE.IN JAPAN, INFLATION REDUCED FOR. THE VERY FIRST TIME IN GREATER THAN A YEAR.
CONSUMER COSTS LEAVING OUT FRESH FOOD INCREASED THREE.1 PERCENT IN.
FACTOR. AND ALSO TRAVEL, RISING COST OF LIVING WOULD HAVE BEEN AS HIGH AS 4.4 %. PICK-UP TRUCKS IT CONTAINER BUILD AT A FACTORY UNDER BUILDING AND CONSTRUCTION IN.
THE NEW QUOTE, 500,000 A. YEAR. THAN THE COMPANY PROJECTION IN NOVEMBER.
THOUSANDS OF FUNDS APPARENTLY WILL SHED THEIR
ESG RATINGS AT. MSC I.
AS REPORTED BY THE FINANCIAL. TIMES, IT IS PREPARATION TO LOWER THE ECOLOGICAL, SOCIAL AS WELL AS. FEDERAL GOVERNMENTS RATINGS OF THOUSANDS OF FUNDS. MOVE COMES IN THE MIDDLE OF GROWING CONCERN THE ESG LABEL IS APPLIED TO. QUICKLY. WORLDWIDE NEWS POWERED BY EVEN MORE. THAN 2,700 JOURNALISTS AS WELL AS EXPERTS IN OVER 120 COUNTRIES. I AM LISA MATEO, AND THIS IS BLOOMBERG.
♪ > > WE ARE WATCHING IT EXTREMELY.
VERY CAREFULLY. WE HAVE BEEN HEAVILY INVOLVED. IN THE LAST TWO WEEKS AND ALL OF THAT. I AM URGED BY THE CHECK IN THE >> U.K. FINANCIAL SYSTEM.
I BELIEVE WE HAVE OBTAINED A FINANCIAL SYSTEM THAT IS SECURE. AS WELL AS ONE THAT INDIVIDUALS CONTAINER COUNT ON. THAT IS THE THING WE REQUIREMENT HAVE,. A BANKING SYSTEM INDIVIDUALS CANISTER DEPEND ON. I AM POSITIVE. I THINK THE FINANCIAL INSTITUTIONS ARE IN A STRONG SETTING IN THIS COUNTRY. JONATHAN: THAT WAS GOVERNOR BAILEY, THAT. HAS BEEN VIRTUALLY EVERYBODY WORLDWIDE. EUROPE, THE U.K., THE UNITED STATES. AS A FINANCING PREACHER OF A FINANCIAL FINANCIAL INSTITUTION SOMEWHERE SAYING. THEIR FINANCIAL SYSTEM IS DURABLE AND ALSO THEIR DOWN PAYMENTS ARE.
SAFE.LISA: EVEN AUSTRALIA. THE GUV APPEARING AND ALSO.
CLAIMING, THE RESERVE FINANCIAL INSTITUTION OF AUSTRALIA EMERGING AS WELL AS PHRASE. OUR SYSTEM IS STRONG AND ALSO PEOPLE ARE ACQUIRING IT.
JONATHAN: BANK LOWER. UBS DOWN 6%. DEUTSCHE FINANCIAL INSTITUTION DOWN 14%.
THE ECONOMIC SITUATION. I CAN TELL YOU, IT HAS BEEN.
POWER OUTAGE. NOTHING HAS LEAKAGE.
WE UNDERSTAND IN THIS MEETING, THE. HEAD OF THE ECB MET WITH EUROPEAN LEADERS IN– AND ALSO 27 OF.
THEM. IT WAS A CONFERENCE BEHIND CLOSED.
DOORS. NO PHONES ALLOWED. THE DETAILS THERE IS BEING.
KEPT TIGHT.– TIGHTLIPPED. THERE WAS SUPPOSED TO BE A.
FINAL INTERVIEW TODAY WITH THE HEADS. BOTH EUROPEAN COMPENSATION AND THE EUROPEAN COUNCIL WE HEAR.
THAT HAS BEEN CANCELED CURRENTLY. UP UNTIL NOW, THE MESSAGE FROM.
THE EUROPEAN CENTRAL BANK HAS BEEN, THERE IS NO TRADE-OFF.
BETWEEN COST SECURITY, FINANCIAL SECURITY. WE CANISTER TAKE CARE OF BOTH AND WILL DO BOTH. FOR EUROPEANS TODAY, WHAT A CHILLY SHOWER. HOW SENTIMENT FLIPS SO FAST.YESTERDAY, I WAS

TALKING TO. AMONG MY SOURCES.
HE STATED, I FEEL THE WORST OF. THE STORM FOR EUROPE IS OVER. OUR BANKS ARE RESOURCES,.
WELL-REGULATED. YOU CAN BE FOUND IN THIS EARLY MORNING, LOOK.
AT THESE BANKS IN THE IMAGE TODAY IS NOT A PRETTY SIGHT. LISA: YOU WERE YAPPING THIS.
MORNING ABOUT UNITED STATE LEADERS AND ALSO THE AVERSION TO.
BEING ASSOCIATED WITH ADDED BAILOUT IN A POST.
2008 GLOBE. HOW MUCH DOES THAT COHERE WITH.
THE RHETORIC FROM EUROPEAN LEADERS IN BRUSSELS? MARIA:.
IT IS A DIFFICULT CONCERN TO SOLUTION. WE HAVE NOT REALLY HAD ANY ACCESS TO EUROPEAN LEADERS. USUALLY, THIS IS A LOCATION YOU YELL AND ALSO SCREAM QUESTIONS. YOU GET INFORMATION. YOU NEED TO HUSTLE A WHOLE LOT ON THE.
SIDELINES TO OBTAIN GAIN ACCESS TO TO WHAT IS BEING SENT BEHIND CLOSED.
DOORS. THIS, WHEN I” M STRUCK BY IS.
THE TRUTH THIS IS SO WELL PRODUCTIVE. THE CONVERSATIONS CONCERNING THE STATE OF THE ECONOMIC SITUATION BY EFFECTS.
AS WELL AS EXPANSION THE FINANCIAL FIELD. WE ARE AWAITING A NUMBER OF COUNTRIES POSSIBLY TO BRIEF.
US.OVERALL, NOT A WHOLE LOT HAS COME THROUGHOUT OF THIS. THE STANDARD LINE UP UNTIL.
YESTERDAY WAS, EUROPEAN BANKS ARE STRONG. THEY ARE WELL-CAPITALIZED, HAVE LIQUIDITY AND ALSO ARE.
WELL-REGULATED. THE MARKETPLACE TODAY, REALLY JITTERY. JONATHAN: THIS MARKET IS THROUGHOUT THE.
MARKET TADDEO OUT OF BRUSSELS. DEUTSCHE BANK DOWN 14%.
THE INFORMATION, WHAT IS THE WHY? >> > > TO ME, IT IS NOT A POINT.
CONCERNING DEUTSCHE BANK ON ITS OWN. YOU SEE THIS ACROSS THE MARKET FROM SECTORS RANGING FROM.
BANKS, ENERGY, BUILDING. YOU SEE QUALITY ELEMENTS BEING.
OUT THERE, LOW QUALITY ELEMENTS BEING LIQUIDATED. YOU HAVE A BANK LIKE DEUTSCHE BANK WITH SUBJECTED TO BUSINESS.
LANDING AND ALSO GERMANY, WHICH IS EXPOSED TO THE REAL ECONOMY, IT.
IF YOU ARE, is A SUPPLY YOU ARE MARKETING MORE THAN OTHERS.
REPOSITIONING FOR THIS DIFFICULT LANDING TALE WE ARE SEEING THE.
PAST TWO WEEKS. TWO ME, IT IS NOT ABOUT.
DEUTSCHE BANK BEING IN PROBLEM. IT IS MORE LIKE THE MARKET.
GRABBING THAT TALE OF HARDLY A TOUGH REPOSITIONING OF THE.
FINANCIAL NARRATIVE.LISA: THIS ELEVATES THE

PROBLEM OF THE.
HEAD OF THE BUNDESBANK COMING-OUT EARLIER THIS MORNING WITH.
HAWKISH RHETORIC AND ALSO WHETHER THIS HAWKISH RHETORIC ONLY.
INCREASES THE SELLOFF WE ARE SEEING IN SEVERAL OF THESE.
ECONOMIC CRISIS TRADES YOU ARE CHATTING ABOUT. ARE YOU LINKING THE DOTS, ECB AUTHORITIES LEAN INTO WE HAVE.
A LOT MORE DO, THE EVEN MORE RATE WALKINGS ARE PRICE DOWN AND.
ECONOMIC DOWNTURN IS PRICED IN. JAN-PATRICK:.
I ASSUME THE RESERVE BANKS TO– REQUIRED TO BE CAREFUL. I COMPREHEND THE FED IN ADDITION TO THE ECB, BOTH ARE CONCENTRATING ON.
INFLATION.OUR TASK IS NOT DONE, WE DO NOT.
INTEND TO CREATE THE IMPRESSION WE NEED TO TOUCH THE BRAKES.
PROMPTLY DUE TO THE FACT THAT THAT WOULD SEND OUT THE SIGNAL THERE IS.
SOMETHING BIGGER WRONG IN THE SYSTEM. I SEEM LIKE THE SPEED OF WHICH THIS MALFUNCTION IN FINANCIAL.
ACTIVITY WITH THAT SAID RISING COST OF LIVING HAS HE CELEBRATED A WHOLE LOT IN THE.
PAST COUPLE OF DAYS. MAIN FINANCIAL INSTITUTIONS REQUIRED TO TAKE THAT.
INTO CONSIDERATION GOING FORWARD WITH THE RIGHT COURSE. THE JOB THEY ARE TRYING TO ATTAIN MAY BE AVAILABLE IN MUCH.
QUICKER THAN ANTICIPATE. THEY DEMAND TO RELOCATE QUICKLY FROM.
DAMAGING INFLATION TO SUPPORTING THEIR ECONOMIC CLIMATE. THAT IS A CHALLENGING THING TO PERFORM FOR THEM. THEY REQUIREMENT TO BE CAREFUL IN THE ACTION THEY ARE TAKING THE NEXT.
PAIR OF WEEKS AS WELL AS MONTHS.LISA:.

A GREAT DEAL OF INDIVIDUALS ARE GOING TO SAY, WE UNDERSTAND THE.
ECONOMIC CRISIS PROFESSION. WHY IS DEUTSCHE BANK DOWN 11%.
ON NO NEWS? BECAUSE PEOPLE ARE, is THAT.
FORECASTING THERE COULD BE SOME TYPE OF RECESSION IN THE FUTURE? HOW MUCH ARE INDIVIDUALS CONSIDERING SERIOUS PROBLEMS WITH.
COUNTERPARTY RISK, THE POTENTIAL FOR THE TRIP OF.
RESOURCES SHAREHOLDERS, OTHER TYPES OF CONTAMINATION EFFECTS FROM.
NOT ONLY CREDIT SUISSE, BUT GENERALLY WHAT WE HAVE SEEN.
THROUGHOUT THE FINANCIAL FACILITY? JAN-PATRICK:.
I DO NOT INTEND TO NOISE NAÏVE. AS ALWAYS IN THE COOKING FIELD,.
YOU HAVE AN CONCERN WITH THE ECONOMIC SITUATION REDUCING. YOU ARE BASED IN THE COUNTRY,.
EUROPE HAS THE GREATEST EXPOSURE TO THE GLOBAL ECONOMIC SITUATION. I DO NOT WISH TO BE NAÏVE AND ALSO SAY THERE IS NO PROBLEM IN ANY WAY. FOR THE MOMENT, THIS IS AN PROFITS TRADE. OBVIOUSLY, DEUTSCHE FINANCIAL INSTITUTION” S EARNINGS WILL CERTAINLY BE MUCH HIGHER.
THAN THE OTHERS.WE ARE NOT AT A STAGE IN WHICH.
THIS IS A FUNDING TRADE WHERE WE SEE SUBSTANTIAL TROUBLES WITHIN.
THE FUNDING POSITION OF THOSE BANKS. THAT IS AN IMPORTANT.
DIFFERENCE WE NEED TO MAKE. JONATHAN: THAT IS A CRUCIAL ONE. I ASSUME THAT IS A HARD ONE TO MAKE SOMETIMES WHEN YOU SEE.
A STOCK DOWN STRONGLY. YOU START REASONING ABOUT.
EXISTENTIAL DANGER. THERE IS A LOT OF DAYLIGHT.
IN BETWEEN EXISTENTIAL THREAT AND ALSO PEER EARNINGS DIFFICULTY. I THINK WE CAN ALL AGREE, WE CAN GET AWAY THE MOST AWFUL OF THIS. THERE IS GOING TO BE A PURE REVENUE DIFFICULTY FOR THE WHOLE.
MARKET IN A BIG WAY. LISA: ESPECIALLY IF THE ECONOMIC CLIMATE DOES.
HAVE An ECONOMIC DOWNTURN AND ALSO IF EUROPE IS STRUGGLING WITH POTENTIALLY EVEN MORE.
PROBLEMS. RIGHT NOW, NOT A LOT. PMI” S IN THE SOLUTION MARKET.
EARLIER TODAY CAME OUT BETTER THAN EXPECTED IN A YEAR. DOES THAT if THAT PUSHES ECB OFFICIALS TO WALK RATES EVEN MORE.
SEND OUT THE DRAWBACK FURTHER SELF GOING AHEAD IN THE FUTURE? SCHWAB WAS DOWN YESTERDAY 6%.
JOURNAL. AND ALSO CLAIMED, THERE WOULD BE A.
SUFFICIENT QUANTITY OF LIQUIDITY TO COVER IF 100 PERCENT OF.
BANKS DEPOSITS RAN OFF.THEY ARE CLAIMING THEY GOT ALL. IN THE FREE MARKET, SOFTER, TOO.
THIS GOES TO THE EARNINGS INQUIRY. AT WHAT POINT DOES THIS DIFFICULTY BUSINESS MODULE.
— SERVICE DESIGN? WHEN DOES THE RATE ACTIVITY.
COME TO BE A SELF-DEPENDENT WEB LINK REVELATION IN REGARDS TO.
SUCCESS AND ALSO CONFIDENCE FROM CAPITALISTS AS WELL AS DEPOSITORS? JONATHAN: THE EMERGENCY MEETINGS, ARE WE.
FINISH WITH THAT? LISA: I REALLY HOPE SO.WE DO NOT KNOW WHAT WE DO NOT.
JONATHAN: SUB 2 HUNDRED K ON DECLARES. THAT IS PAYING FOCUS TO THAT INFORMATION NOW? LISA:.
THE DATA FROM THE FEDERAL RESERVE, SHOWING THAT FINANCING.
DROPPED A BIT FROM THE FED TO SOME OF THESE BANKS BUT.
IS STILL ELEVATED. PEOPLE THINK MAYBE BANKS HAVE.
TAKEN THE FUNDS THEY DEMAND AT THIS MOMENT SO THEY CAN REST ON.
THAT. AS WELL AS, THAT MAKE NOT SIGNAL AS.
MUCH DISTRESS– MIKE NOT SIGNAL AS MUCH DISTRESS. THE MONEY MARKET FUNDS, THAT IS GOING TO OBSTACLE LONG CREATION AS WELL AS PRODUCTIVITY READ.
JONATHAN: COMING UP, CASSIE BARROW OF J.P. MORGAN ASSET MANAGEMENT. THAT DISCUSSION ON BLOOMBERG.
TV IN THE NEXT HOUR. LISA:.
ONE HOUR PRIOR TO THE OPEN OF U.S. TRADING. IT LOOKS SOFTER AS WE AWAIT SOME FEELING OF WHETHER WE CAN GO.
TOM KEENE BACK ON MONDAY. I AM LISA ABRAMOWICZ TAKING A LOOK AT MARKETS THAT ARE SOGGY.
AFTER ATTEMPTING TO EXAMINE WHAT– JUST HOW MUCH DAMAGES IS BEING DONE. THE REAL RELOCATION TODAY HAS BEEN YIELDS, A LOT LOWER WITH.
TWO-YEAR RETURNS SHARPLY UNDER THREE.6%. NOW, WE HAVE ECONOMIC INFORMATION COMING UP. LET” S HEAD OVER TO MIKE– MICHAEL MCKEE.MICHAEL: WE ARE

GETTING THE FEBRUARY. CONSUMER GOODS ORDERS
NUMBERS CURRENTLY. THIS IS FEBRUARY, HE LITTLE. OLD. IT GOES BACK TO PRIOR TO THE.
BANKING ISSUE. I DO NOT KNOW WHETHER THAT. WOULD INFLUENCE YOU TO PURCHASE A NEW BOEING OR OTHERWISE. DURABLES ORDERS AUTUMN 1% AFTER 4 FACTOR 5% DROP. THE MONTH BEFORE. X TRANSPORT IS FLAT. CAPITAL GOODS ORDERS NON-DEFENSE X AIR, THE ONE. FINANCIAL EXPERTS SEE BECAUSE IT IS A PROXY FOR ORGANIZATIONS SPENDING,. THAT IS UP.2% AFTER AN 8 FACTOR– FACTOR 8% RISE THE. MONTH BEFORE. THESE ARE THE NON-REVISED. NUMBERS. I AM SEARCHING FOR THE MODIFIED. NUMBERS ON THOSE.
IT LOOKS LIKE A BIT OF. AN GROWTH IN REQUISITES OF COMPANY COSTS. NOT A HUGE AMOUNT. THE HEADLINE NUMBER, WHAT WE. USUALLY SEE IS IT IS GREATLY AFFECTED BY BOEING. THOSE JETS ARE REALLY EXPENSIVE. I WILL CERTAINLY TAKE A PEEK AND. SEE.NON-DEFENSE AIRCRAFT WERE DOWN.
56.3

% FOR THE MONTH OF DECEMBER AND ALSO JANUARY. JANUARY 2 FEBRUARY, DOWN 6.5%. THIS IS NOT GOING TO INFLUENCE.
IT WHATSOEVER. LISA: OR MARKETS. I WILL OFFER YOU An OPPORTUNITY TO.
PARSE THROUGH SEVERAL OF IT. NOT SEEING A BIG MODIFICATION IN.
MARKETS. WE HAVE BEEN TALKING ALL WEEK.
REGARDING HOW ECONOMIC INFORMATION DOESN” T SEEM TO ISSUE AS MUCH WITH THE.
FOCUS FRONT AND FIXATE THE FINANCIAL SCENARIO WHETHER WE.
SEE MORE ANXIETY IS EMERGENTLY FINANCIAL SYSTEM. AS WE CONSIDER THAT, IT IS NECESSARY TO QUESTION THE.
UNDERLYING STAMINA OF THE ECONOMIC CLIMATE AND ALSO UNDERLYING.
INFLATIONARY IMPULSE, PARTICULARLY ON THE SOLUTIONS.
SIDE. HOW MUCH HAVE YOU SEEN THIS.
ONGOING DIVERGENCE WITH WEAKNESS, DRAWBACK SHOCKS,.
TO THE SILVER LINING OF THE ECONOMY EVEN AT ONCE WHERE YOU.
PROCEED TO SEE UPSIDE SURPRISES IN SOLUTIONS? MICHAEL: YOU LOOK UNDER THE HOOD BELOW OF.
THE NUMBERS, EQUIPMENT ORDERS DOWN, COMPUTER ORDERS DOWN,.
COMMUNICATIONS EQUIPPED ORDERS DOWN. ULTIMATELY, THIS DOES NOT COME OUT LIKE MAYBE THE.
HEADLINE WOULD SUGGEST.NOT THAT IT WAS WONDERFUL. YOU HAVE SOME KEY COMPONENTS OF THE UNITED STATE INDUSTRIAL ECONOMY SEEING A. SLOWDOWN IN ORDERS FROM HIS THIS.
WE ALSO SAW THE PRIOR MONTH ‘ S NUMBERS, THE JANUARY NUMBERS,. FUNDING PRODUCTS ORDERS DELIVERIES WERE CHANGED DOWN FROM.8 %TO..3 %IN JANUARY.NUMBERS ARE WEAKER THAN.
NEXT WEEK, WE WILL CERTAINLY HAVE. HOPEFULLY A BETTER TAKE A LOOK AT HOW THE INFORMATION
DAMAGES DOWN LOOKING TO. UNDERSTAND WHETHER THE FINANCIAL CRISIS HAS BEEN RESOLVED. PAIRING THESE CONCEPTS OF THE ECONOMIC DATA AND CONCERN ABOUT. FINANCES BEING EXPANDED FROM BANKS, THE POTENTIAL CREDIT. IMPULSE TO THE AMERICAN POPULACE
. DAVID PETERSON JOINING US NOW, CHIEF ECONOMIST AT THE.
CONFERENCE BOARD DATA. MUCH IS YOUR OVERVIEW FOR THE U.S. ECONOMY ALTERED THE PAST TWO WEEKS?
WE HAVE BEEN CALLING FOR An ECONOMIC DOWNTURN BEGINNING IN THE. SECOND QUARTER EXTENDING THROUGH THE FOURTH QUARTER. THIS MAY ACCELERATE THINGS.CERTAINLY, CUSTOMERS HAVE.
CALLED BACK INVESTING IN PRODUCTS. SERVICES ARE NOT INVESTING IN. FINANCIAL INVESTMENTS.

THE HOUSING MARKET HAS ACTUALLY FOLDED. KNOW ITSELF. THE LAST FOOTWEAR TO FALL IS. SOLUTIONS. A CREDIT SCORE CRISIS DOES NOT AFFECT. SOLUTIONS SINCE PEOPLE DO NOT TEND
TO FINANCE DINING ESTABLISHMENT. BROWS THROUGH APART FROM USING THEIR CREDIT HISTORY CARDS. WE THINK IN REQUISITES OF
DURABLE. ITEMS AND THE ABILITY FOR SERVICES TO INVEST, TIGHTER.
CREDIT RATING PROBLEMS ARE NOT An EXCELLENT POINT FOR THEM.
THAT WILL POTENTIALLY CAUSE THE ECONOMIC CLIMATE TO HAVE MAYBE A LITTLE
. WORSE RECESSION THEN WE ARE EXPECTING. LISA:. THAT IS WHAT A GREAT DEAL OF INDIVIDUALS ARE SAYING. THIS BRINGS AHEAD THE ECONOMIC CRISIS. YOU GENERATE OTHER TO THE TABLE HERE, THIS SUGGESTION OF A. POTENTIALLY DEEPER ECONOMIC DOWNTURN. AT WHAT INDICATE LIQUIDITY. WORRIES THAT FINANCIAL INSTITUTIONS COME TO BE A CREDIT TROUBLE FOR THE.
CONSUMER, A CREDIT SCORE ISSUE FOR THE ECONOMY AKIN TO WHAT WE.
HAVE SEEN IN HISTORY WHEN THERE ARE LIQUIDITY ISSUES?

SUISSE, WE ARE BANK– FINANCIAL INSTITUTION OF CANADA NOW. THE CANADIAN BANKS CAME TO BE THE LARGEST BANKS IN THE GLOBE AS WELL AS.
DEUTSCHE FINANCIAL INSTITUTION DOWN 14%. DEUTSCHE BANK DOWN 14%. DEUTSCHE BANK DOWN 14%.DANA: IF YOU ARE A FINANCIAL INSTITUTION AND
CONCERNED REGARDING YOUR DEPOSIT LEVELS GO DOWN IN, YOU ARE LESS
LIKELY TO PROVIDE MONEY.THE POINTS

CUSTOMERS ARE
DRAWING BACK, THEY ARE NOT GOING OUT AND ACQUIRING CARS AND TRUCKS AND
RESIDENCES DUE TO THE FACT THAT RATE OF INTEREST HAVE ACTUALLY RISEN SUBSTANTIALLY,
NEARLY 5 PERCENTAGE THINGS IN ROUGHLY A YEAR. THEY– THERE MAY NOT BE MUCH OF AN RESULT ON THE CUSTOMER. THERE IS A DANGER FOR BUSINESSES WHO TEND TO REQUIREMENT CASH,
ESPECIALLY TO PAY THEIR WORKERS AND SPEND IN TEMPORARY AS WELL AS
LONG-LASTING VENTURES. I THINK PRESSURES WILL POSSIBLY
BE MORE ON BUSINESSES ABOUT CONSUMERS. LISA:
DOES THIS CHANGE YOUR SIGHT ON JUST HOW MUCH JOBLESSNESS COULD GO
UP, OR DO YOU THINK WE COULD OBTAIN THIS SLUMP WITHOUT SOME
TYPE OF STRUCTURAL INCREASE IN JOBLESSNESS DUE TO THE
INEQUALITY NOW IN THE LABOR MARKET? DANA:
THE INDUSTRIES THAT ARE LETTING INDIVIDUALS GO ARE THE PREVIOUS
PANDEMIC DARLINGS. IT IS TECH, FINANCE, REAL
ESTATE, BUILDING, TRANSPORTATION, WAREHOUSING,
WHICH WERE LINKED TO THE SOLID NEED FOR GOODS. THAT IS WHAT WE ARE STILL SEEING IN REGARDS TO LAYOFFS IN
WEAK POINT. YOU HAVE THESE HUGE LABOR
SHORTAGES IN AREAS THAT ARE LESS DELICATE TO RATE OF INTEREST
RATES, SUCH AS HEALTHCARE AND RESTAURANTS AND ALSO HOTELS. WHAT WE NEED TO SEE IS CONSUMERS TRANSFORM THAT DOWNWARD
VIEW WE ARE SEEING IN OUR CONSUMER CONFIDENCE EVALUATE THE
LAST YEAR INTO, I NO MORE NEED TO ACQUISITION SOLUTIONS. CERTAINLY, HIGHER RATE OF INTEREST MAY NOT OFFER THEM THAT
ISSUE.IF CONSUMERS THINK, I COULD BE
NEXT IN STIPULATIONS OF LAYOFFS, THEY WILL CERTAINLY PULL BACK ON SPENDING. ALTOGETHER, WE THINK THE ON VISIT PRICE IS PROBABLY
GOING TO CLIMB TO ABOUT 4.4% NEXT YEAR, ROUGHLY ONE MILLION
WORK LOST. I WOULD NOT WISH TO BE IN THAT NUMBER, BUT NOT AS
BAD AS WHAT MAYBE. LISA: WE ARE SPEAKING WITH DANA
PETERSON AS WE ANTICIPATE ANOTHER WEEK, ANOTHER MONTH
POSSIBLY OF RATE CUTS IN THE FACE OF WHAT SOME INDIVIDUALS ARE
ANTICIPATING IS A DECLINE IN FINANCIAL ENERGY. RIGHT HERE COMES THE RUB ON THE CONCERN AS WE DISCUSS A SOONER
RECESSION, A DEEPER ECONOMIC DOWNTURN, CUTTING FEES IN ACTION TO
THAT. HAVE WE DEALT WITH THE RISING COST OF LIVING TROUBLE GIVEN THE
DAMPNESS THAT WE HAVE SEEN IN RECENT? DANA:
I DO NOT THINK WE HAVE.WHEN WE SEE

THE DAMPNESS, IT
IS LINKED TO SALARY THROUGH SOLUTIONS WITH EARNINGS AND ALSO EXTREMELY
SOLID DEMAND FOR SOLUTIONS. LIKEWISE, FOOD PRICES WHICH ARE
BEING AFFECTED I OUT SIDE RESULT– I OUT SIDE IMPACT. DECLINES WE EXPECT IN RENTAL FEE, RISING COST OF LIVING, IT IS IN THE
PIPELINE. WE HAVE TO AWAIT IT OCCUR. MABLY– POSSIBLY IT WILL CERTAINLY BEGINNING IN THE SPRINGTIME OR EARLY SUMMER. WE ARE NOT PREPARED FOR THE FED IS GOING TO CUT RATES THIS
YEAR, EVEN IF THERE IS A LIGHT RECESSION. IF YOU HAVE COSTS THAT ARE THUS FAR ABOVE BOTH PERCENT

TARGET, WHY WOULD THE FED BE REDUCING PASSION RATES
ESPECIALLY IF THEY THINK THAT THERE IS An ECONOMIC CRISIS, IT IS NOT
GOING TO BE THAT BAD? LISA: THIS IS NOT JUST AN SECTOR
STORY, IT IS An ANNUAL REPORT TALE. WE SAW THE EQUILIBRIUM SHEET
INCREASE TO CLINICALLY THE PAST 2 WEEKS IN REGARDS TO THE
FEDERAL GETS AND ITS HOLDINGS. PART OF THIS IS NOT NECESSARILY STIMULATIVE. THESE ARE EMERGENCY SITUATION FUNDINGS TO SPECIFIC BANKS. AT THE VERY SAME TIME, CAN THIS CENTRAL FINANCIAL INSTITUTION KILL RISING COST OF LIVING IF
IT MAINTAINS GOING BACK TO THE VERY SAME SITUATION PERIOD TOOLS TO SHOT AND ALSO
ADDRESS? FINANCIAL INSTABILITY DANA:
I BELIEVE THE FED IS TRYING TO SAY IT CANISTER DO 2 POINTS AT
CONTINUED DIALING DOWN OF ITS EQUILIBRIUM SHEET. IT CANISTER PROVIDE LIQUIDITY, WHICH DOES HIT THE BALANCE SHEET. WORKING WITH.
IT IS USING THESE DIFFERENT TOOLS IN DIFFERENT WAYS. IT CAN ADDRESS INFLATION AND PROVIDING LIQUIDITY AT THE VERY SAME TIME. LISA: JUST HOW MUCH DO YOU BELIEVE THE FED CAN?CUT RATES DANA: WE THINK THERE IS NO RATE CUTS FOR THIS YEAR. WE WILL MOST LIKELY BEGIN SEEING CONSIDERATION OF
RATE CUTS MAY BE THE SECOND QUARTER OF NEXT YEAR. WE THINK WE ARE NOT GOING TO RETURN TO THE LOW DEGREES THAT WE SAW EVEN BEFORE THE PANDEMIC SINCE INFLATION MAY BE STRUCTURALLY GREATER, IT MAY BE HARDER FOR THE FED TO MAINTAIN THAT 2 PERCENT TARGET. WE THINK MAY BE THE GOVERNMENT FUNDS RATE YEAR DECREASES TO AROUND 4%. NOT BACK TO 2%, ONE PERCENT, OR 0% UNLESS WE HAVE SOME MAJOR SITUATION OR EXTREMELY DEEP RECESSION.

LISA: DANA PETERSON, THANK YOU FOR BEING WITH United States. WE WERE TALKING ABOUT THE ANNUAL REPORT.
I WISH TO BRING MICHAEL MCKEE BACK.
OVER THE TRAINING COURSES OF THE LAST 2 WEEKS. DEVELOPMENT AND ALSO NON-STEAM LIT OF EQUILIBRIUM SHEET GROWTH? MICHAEL: WHAT IS GOING ON IS THE FINANCIAL INSTITUTIONS
THAT HAVE THESE LIQUIDITY MISMATCHES ON THEIR EQUILIBRIUM SINCE OF HIGHER, sheets WITH ASSETS THAT MAY BE WORTH LESS RATES OF INTEREST HAVE THE ABILITY TO OFFER THOSE TO THE FED AT THE SAME LEVEL AND
GET MONEY FOR THAT, WHICH THEY CAN KEEP IN THEIR ACCOUNTS SO
THEY HAVE SUFFICIENT CASH IN INSTANCE THERE ARE WITHDRAWALS. THEY ARE NOT GOING TO USE IT TO MAKE LENDINGS AND NOT GOING TO BE STIMULATING THE ECONOMIC CLIMATE WITH IT. THE LENDINGS ARE TEMPORARY. 90 DAYS WITH THE DISCOUNT WINDOW A YEAR WITH THE NEW BORROWING PROGRAM.THEY HAVE OBTAINED TO OFFER THE CASH BACK. THIS IS A DIFFERENT PET THAN THE TYPICAL QE WHERE THE FED GETS BONDS, TAKES PERIOD OUT OF THE MARKETPLACE AND ALSO PUTS SQUANDER THERE TO BE PUT TO WORK. LISA: DOES THE INFORMATION WE GOT THE OTHER DAY INDICATE THAT BANKS HAVE MAINLY BORROWED WHAT THEY NEED? MICHAEL: WE DO NOT KNOW. I WOULD ASSUME THAT WE ARE ESSENTIALLY THERE. BY NOW, YOU WOULD KNOW IF YOU IF YOU HAD REAL PROBLEMS ON THE EQUILIBRIUM SHEET, were A PACKER. IT MAY TAKE ANOTHER PERSON WEEK OR 2 FOR THIS TO WORK OUT.LISA: FANTASTIC WORK. IT IS NECESSARY TO KEEP WATCHING THE INFORMATION PEOPLE ARE ENJOYING THE INFORMATION.
THAT COMES OUT AT4:15 P.M. TODAY. AS WE LOOK FOR THE SENIOR FINANCE POLICEMAN STUDY IN NEXT WEEK.
RETURNS PROCEED THEIR DISSENT. ONE DECADE RETURN 3.3 %.
LISA:. MAINTAINING YOU UP-TO-DATE WITH INFORMATION FROM AROUND THE GLOBE WITH. THE FIRST WORD. UBS AS WELL AS CREDIT SUISSE ARE AMONGST. THE FINANCIAL INSTITUTIONS BEING TAKEN A LOOK AT IN A UNITED STATE
JUSTICE DIVISION. INVESTIGATION. AUTHORITIES WOULD LIKE TO KNOW. WHETHER FINANCE PROFESSIONALS HELPED RUSSIAN OLIGARCHS GET INTO.
ASSENTS. SUBPOENAS MOSTED LIKELY TO WORKER AT.
SOME MAJOR U.S. BANKS. CREDIT REPORT SUISSE AND UBS BOTH
. DECLINED TO REMARK. EEO OF REQUIREMENT CHARTER SAYS. THE MOST AWFUL MINUTES OF THE FINANCIAL DILEMMA ARE OVER. COSTS WINTERTIME TALKED TO BLOOMBERG IN HONG KONG. > > I REALLY HOPE WE ARE WITH THE.
I THINK THERE IS SOME QUESTIONS AROUND COMPANY. DIFFICULTY THAT REQUIRED TO BE ADDRESSED AT THIS POINT. IT APPEARS THE SEVERE PHASE OF THE SITUATION IS DONE.LISA:.
WHEN ASKED IF HE WOULD WANT TO BUY CREDIT RATING SUISSE.
PROPERTY, WINTERS CLAIMED CRITERION CHARTER IS INTERESTED IN. IN NORTH KOREA, KIM JONG-UN OVERSAW TESTS OF TOOLS.
ONE OF THEM WAS DESCRIBED AS AN. THE AGENCY CLAIMS DRONE CRUISE SHIP. THE REGULATOR STATES THE DEAL.
GLOBAL NEWS POWERED BY GREATER THAN 2,700 JOURNALISTS AND ALSO.
ANALYSTS AND ALSO OVER120 COUNTRIES.I AM LISA MATEO AND THIS IS. BLOOMBERG. ♪ > > LIKE SUPERVISION GENERALLY,. THE CARDIOVASCULAR TEST HAS END UP BEING LESS RIGOROUS IN TIME.
I BELIEVE MORE IMPORTANTLY, IT HAS BECOME ALSO PROTECTABLE. THE ENTIRE FUNCTION OF A
STRESS AND ANXIETY TEST IS YOU ARE> TRYING TO. STRESS AND ANXIETY AGAINST THE UNANTICIPATED, NOT THE. ANTICIPATED. LISA: HOW DO YOU CARDIOVASCULAR TEST AGAINST. A TWITTER TIRADE? THAT HAS BEEN SOME OF THE. CONCERNS. HOW DO YOU EXPECT
THE. UNANTICIPATED? PREVIOUS FED GUV SPEAKING ON. BALANCE OF POWER.
AS WE DISCUSS FINANCIAL INSTITUTION PROBLEMS. AND ALSO THE
WORRIES UNDER THE HOOD, ONE BIG INQUIRY MARK HAS. BEEN THE VALUE OF COMMERCIAL PROPERTY, RESIDENTIAL AND. PARTICULARLY ON THE COAST.THERE IS NO PERSON
BETTER FOR. INSIGHT ON THAT THE JONATHAN MILLER, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF. MILLER SAMUEL. I WISH TO START THERE.
THIS CONCERN AROUND COMMERCIAL

REAL ESTATE VALUES AND ALSO A GREAT DEAL OF.
PEOPLE HAPPEN INDICATING A POTENTIAL NOTE OF DISTRESS.
JUST HOW MUCH IS THAT REAL? > > I THINK IT IS PROBABLY MORE. TRUE THAN WE REALIZE. THE FUNCTION FROM HOUSE SENSATION.
HAS ACTUALLY FUNDAMENTALLY ALTERED THE METRICS OF COMMERCIAL REAL. ESTATE. THE CONCEPT THAT INDIVIDUALS ARE GOING. TO RETURN TO THE WORKPLACE 5 DAYS A WEEK IS SIMPLY NO MORE.
A PRACTICAL ASSUMPTION. WE ARE SEEING THAT PLAY OUT IN.
THE SECURITY SWIPE INFORMATION FROM CASTLE
. WE ARE SEEING THE NUMBERS STUCK AT ABOUT HALF, SIGNIFICANCE ABOUT.
HALF OF THE WORK THE LINGS ARE BEING USED COMPARED TO– WORK. BUILDINGS ARE BEING MADE USE OF CONTRASTED TO THEIR PRE– USE. WE ARE HAVING RESIDENTIAL REALTY ON THE RENTAL SIDE IN. CITIES FRESH YORK MAYBE NOT RISING LIKE THEY WERE, BUT.
IN BETWEEN COMMERCIAL AS WELL AS RESIDENTIAL. LISA:. I WANT TO BEGIN WITH THIS CONCERN OF, IF THERE IS 50%.
THE BRIEF SOLUTION IS, YES, THAT IS POSSIBLE. WE ARE CURRENTLY SEEING A SUBSTANTIAL DECREASE. THE NUMBERS ARE
NOT SHOWING THAT YET SINCE WITH. COMMERCIAL REALTY, INDIVIDUALS WITH 5, 10 YEAR LEASES AT A. PRICE THAT WAS MARKET BEFORE THE RESTRUCTURING OF PRICING,. IT IS GOING TO BE A LONG PROCESS. WE ARE SEEING THAT. AMONG THE FACTORS WHY LANDLORDS ARE NOT ABLE TO– WHY. YOU ARE NOT SEEING THE MARKET LEVELS DECLINE
AS LONG AS THEY HAVE BEEN IS BECAUSE THEY HAVE.
DEBT SOLUTION TO COVER. THAT FINANCIAL OBLIGATION SOLUTION WAS BASED ON. THE CAPITAL THAT EXISTED BEFORE THE RESET IN THE WHOLE. MARKET. I BELIEVE THIS IS A LONG, SLOW. PROCESS. LISA: JUST HOW MUCH DOES SOME OF THE
. WORRIES ABOUT RECENT BANKS, PARTICULARLY, TRADEMARK, WHICH
. REPRESENTED A SIGNIFICANT SECTION OF COMMERCIAL RENTING.
JONATHAN: I BELIEVE IT ACCELERATES IT. THEY WERE THE GO 24 AND ALSO A WHOLE LOT OF LAND– GO TO BANK FOR A WHOLE LOT. SPACE IS GETTING DECIMATED AS WELL AS PEOPLE ARE NOT GOING BACK TO.
INDUSTRIAL UNEASY AS WELL AS NEEDING TO BE BRIDGED? TOM:.
I BELIEVE IT IS ALREADY UNCOMFORTABLE AND NEEDS TO BE. BRIDGED.JONATHAN: UNFORTUNATELY, THE REMEDY FOR. THAT IS I BELIEVE A GREAT DEAL OF PEOPLE ARE PINNING THEIR WISHES ON OFFICE, RESIDENTIAL
CONVERSIONS. FROM DURHAM OFFICE. THE FACT IS FOR PROBABLY 80 %. OF THOSE BUILDINGS, IT IS UNREALISTIC BECAUSE THERE IS A. VARIETY OF

PROBLEMS WITH THAT SAID. THE COST OF CONVERTING TO. RESIDENTIAL STRUCTURE CODES ALMOST FROM THE BEGIN MAKES IT. A NONSTARTER. THE OTHER IS THE FINANCIAL OBLIGATION THAT IS. CONNECTED TO THOSE BUILDINGS AS SECURITY WOULD NEED TO BE.
DUE TO THE FACT THAT IT IS A MODIFICATION IN THE STANDINGS OF THE STRUCTURE, redone. I BELIEVE ONE OF THE LARGER TROUBLES IS THAT THE FLOORING. PLATES, ESPECIALLY IN LARGER OFFICE COMPLEX
, ARE NOT. COMPATIBLE. YOU TIN NOT CREATE HOMES. THAT ARE 300 FEET WITH TWO WINDOWS. IT IS A MAJOR CHALLENGE.I THINK INDIVIDUALS ARE GOING TO BE. HAVING PROBLEM WITH THIS CHANGE OR FIGURING OUT WHAT TO PERFORM OVER. THE NEXT YEARS. LISA: SOME INDIVIDUALS MAY LISTEN TO. MAYS and also this OBTAIN NERVOUS, SPECIFICALLY WITH FINANCIAL INSTITUTIONS THAT ARE. TRADITIONALLY THE OVERMUCH ARE ‘ S TO PROPERTY INVESTORS TO CONCERNS.

AS WELL AS EXPRESSION, THIS COULD HAVE A SIGNIFICANT SLUMP IN TANDEM. WITH WHAT WE SAW IN THE REAL ESTATE SITUATION, PARTICULARLY IN AREAS. THAT ARE NOT BIG CITIES THAT HAVE BEEN TYPICALLY WORKPLACE. ROOM PLACES THAT WILL NO MORE HAVE THE EXACT SAME ALERT.
DO YOU THINK THERE IS SOME KIND OF BARRIER OR SOMETHING TO. OFFSET THOSE DOOM AND GLOOM? PROGNOSTICATIONS JONATHAN:. I BELIEVE IT IS AN OVERSIMPLIFICATION. IT IS when YOU THINK ABOUT THE FINANCIAL INSTITUTIONS THAT A FAILED RIGHT NOW. A SMALL NUMBER. THERE IS An ISSUE IT COULD.
AT THIS TIME, WE ARE NOT SEEING. I ASSUME YOU ARE IN A PANIC MODE. HAPPENS, POSSIBLY THAT IS INDICATION WE ARE GOING IN THE.
LISA:. DO YOU THINK LEAS NEED TO COME DOWN ON RESIDENTIAL AS WELL AS YOU. NEED TO BEGIN SEEING MORE SIGNIFICANT DECREASES IN THE.
RESIDENTIAL COST IN ORDER TO RIGHT SIZE THINGS AND BRING.
SOMETHING TO A HIGHER FEELING OF SECURITY? JONATHAN: ONE
OF THE ISSUES WITH THE. RENTAL
MARKET HAS BEEN, IT WAS ALREADY TIGHT. THE SPIKE IN HOME MORTGAGE RATES DOUBLING– EVEN MORE THAN INCREASING.
OVER THE PAST YEAR HAS PUSHED HOMEBUYERS INTO THE LEASING.
WE HAVE SEEN NATIONALLY RENTS, RESIDENTIAL RENTAL FEES START TO. KLEIN.IN NEW YORK, NOT SO MUCH.
THE ONLY WAY I TIN SEE RENTS. FALL IN A MEANINGFUL WAY, WE HAVE SOME TYPE OF RECESSION OR. THEIR IS A MUCH MORE HARMED SEEN IN THE EMPLOYMENT INDUSTRY.
VARIOUS OTHER THAN THAT, I TIN NOT THINK OF A FACTOR WITH HIGH HOME MORTGAGE. PRICES THAT RENTAL FEES WOULD SEE A CONSIDERABLE ENHANCEMENT IN.
HOME LOAN RATE, WHICH HAS STARTED TO FIND DOWN ESPECIALLY. ON HEELS OF ASSUMPTIONS OF RATE CUTS. WHERE DOES THE HOME MORTGAGE PRICE HAVE TO BE TO MAKE THE. PRICE RECOMMENDATION FAR MORE EYE-CATCHING TO BUY AND ALSO SEND OUT. INDIVIDUALS BACK TO THAT MARKET, RATHER THAN LEASE? JONATHAN: I THINK
ANY NOT SLOWER IMPROVES.– NOTCH LOWER AUTHORIZES– IMPROVES AFFORDABILITY. THE PRICES MUST SIT IN THE MID-FIVES, THAT NEED TO BE THE. NEW NORMAL.THE CONCEPT OF 2.5 SEVEN 30 FOR A. FIVE 734 A FIVE-YEAR DEALT WITH IS PREPOSTEROUS. I THINK HOME LOAN FEES THAT ARE SOMEWHERE BETWEEN– RATHER. LOWER THAN WHERE THEY ARE, RATES ARE NOT AS WELL HIGH. THEY ARE SIMPLY TOO EXPENSIVE ABOUT THE EXTRAORDINARY LOWS THAT.

WE SAW OVER THE LAST SEVERAL YEARS.
LISA:. JONATHAN MILLER OF MILLER SAMUEL, THANKS. I REALLY HOPE WE CONTAINER CAPTURE UP ONCE AGAIN QUICKLY, SPECIFICALLY AS THE REAL.
ESTATE STORY DOES EVOLVE. HEADINGS APPEARING OF THAT. MEETING IN BRUSSELS WHERE WE WERE TALKING WITH MARIA TADEO.
CHRISTINE LAGARDE REMARKING TO EU LEADERS ACCORDING TO A. PERSON ACCUSTOMED TO THE ISSUE, SAYING THERE IS NO. TRADE-OFF BETWEEN RATE AS WELL AS FINANCIAL STABILITY.
THIS HAS BEEN HER LINE FOR A BIT, STATING THERE IS A DEMAND TO. PROGRESSION ON A BANKING UNION. THIS POSSIBLY CHATS TO THE. CLOSING OF THE SPREADS IN THE PERIMETER AND ALSO THIS CONCERN OF
. WHETHER GREATER UNITY TO COMBAT RISING COST OF LIVING DOES LEAD TO A CLOSER. UNION IN EUROPE IT ALSO DISCUSSING THE EURO AREA FINANCIAL. INDUSTRY, IT IS SOLID, THERE IS NO CONCERN. DEUTSCHE FINANCIAL INSTITUTION SHARES NOTCHING LOWER IN GERMANY. DOWN ABOUT 12 PERCENT.BERKELEY SHARES DOWN ALMOST 6%.
IS HAVING FUN OUT WHETHER IT IS An ECONOMIC CRISIS TRADE OR WHETHER IT. OF METHOD RESOURCES MONITORING SPEAKING CONCERNING THE PRIVATE. FROM NEW YORK, THIS IS BLOOMBERG.
♪.

THAT IS I ASSUME A WHOLE LOT OF PEOPLE ARE PINNING THEIR HOPES ON OFFICE, RESIDENTIAL
CONVERSIONS. IT IS A MAJOR CHALLENGE.I THINK PEOPLE ARE GOING TO BE. WHEN YOU ASSUME CONCERNING THE BANKS THAT A FAILED RIGHT NOW, IT IS. DO YOU THINK RENTS HAVE TO COME DOWN ON RESIDENTIAL AS WELL AS YOU. OTHER THAN THAT, I TIN NOT THINK OF A FACTOR WITH HIGH HOME LOAN.