• May 04, 2023
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  The recession coming might not solve the banking problem, but rather exacerbate (compound) it - Marenzi

  
  

  They have severe pressure in terms of their net interest margins. People pulling out funds, so they have to find other funding, but people are unwilling to put their money there. People want 3, 4, 5% return on their money.
  

  
  

  One good point. Loan quality has remained high. Defaults are low. That would come under fire in a recession.
  
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  <div>The recession coming might not solve the banking problem, but rather exacerbate (compound) it - Marenzi</div><div><br></div><div>They have severe pressure in terms of their net interest margins. People pulling out funds, so they have to find other funding, but people are unwilling to put their money there. People want 3, 4, 5% return on their money. <br></div><div><br></div><div>One good point. Loan quality has remained high. Defaults are low. That would come under fire in a recession. <br></div>

  The recession coming might not solve the banking problem, but rather exacerbate (compound) it - Marenzi

  
  

  They have severe pressure in terms of their net interest margins. People pulling out funds, so they have to find other funding, but people are unwilling to put their money there. People want 3, 4, 5% return on their money.
  

  
  

  One good point. Loan quality has remained high. Defaults are low. That would come under fire in a recession.
  

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