Join Josh Brown and Michael Batnick of Downtown for another round of What’s Your Thought? In this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including:
► Lending Shocks – Shocks to bank lending standards won’t go away anytime soon. They persist and cause depression.
►Are Banks Screwed? – “All domestic bank deposits have fallen by $663 billion since peaking almost exactly a year ago.”
► FDIC Rocks – One of the few capable institutions we have left.
►Debt Burden – “The highest rated companies sold $59.9 billion of new debt this month, compared with a five-year average of $179 billion in March.”
►Binance – “This is why CFTC suing Binance is a bigger issue than SEC enforcement”
► Overvaluing cash, undervaluing stocks – “The most hated asset is U.S. equities, but the most loved asset is cash.”
► make a case
► Mystery Chart
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