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Soros' CIO expects more US banks to fail - more problems lurking beneath the surface
Chief investment officer of Soros Fund Management Dawn Fitzpatrick spoke at a Bloomberg event/conference:expects more US banks to fail smaller lenders are particularly vulnerable“There’s more problems under the surface,” Regulators have auctioned off sizable portfolios in the wake of the failures, which is “adding to the technical backdrop,” agency mortgage-backed securities present an investing opportunity. “Two-thirds of your current holders — it’s central banks and banks — have turned into...
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Posted: Jun 7 2023, 21:45
Author Name: forexlive
Views: 110568