Banks, Markets, Connecticut, and FedEx

Banks, Markets, Connecticut, and FedEx

Alison Williams, Senior Global Banks and Asset Managers Analyst with Bloomberg Intelligence, joins the show for (new) weekly Friday wall street roundup. She discusses the week in banking turmoil, including activity at regionals and Credit Suisse. Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and MBS Strategist Erica Adelberg join for a discussion on mortgages and financial system risks. Dave Ellison, Portfolio Manager of Hennessy Large & Small Cap Financial Funds, joins the program to give his stock picks and outlook for the markets after the week’s bank chaos and ahead of next week’s FOMC meeting. David Dindi, CEO at the fintech company Atomic, discusses the fintech impact of SVB collapsing and how he’s moved millions out of the bank this week. Connecticut Governor Ned Lamont joins the program to discuss the latest regional banking turmoil, outlook for a recession in the US, and policies he looks to implement to help his state weather a recession. Lee Klaskow, Senior Analyst – Freight Transportation and Logistics with Bloomberg Intelligence, joins the program to break down FedEx earnings, which have been hampered by inflationary costs/pressures and have served as an indicator of sorts of how inflation is affecting businesses across the globe. Hosted by Paul Sweeney, Matt Miller, and John Tucker.

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