John Toohig, managing director and head of whole loan trading at Raymond Jaymes, and Nathan Stovall, director of the financial institutions research team for S&P Global Market Intelligence, join Jack Farley on Forward Guidance to update listeners on the state of the U.S. banking industry. Surging deposit costs, steadily rising defaults, and a freeze on loan liquidity are just some of the topics discussed in this conversation. Filmed the afternoon of October 18, 2023.
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.