Inflation vs. Banking Drama

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 21 March 2023

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Which one is Fed Chief Jay Powell weighing more in advance of Wednesday afternoon's announcement about interest rates?

(0:20) Bill Mann discusses:
- The current state of play in the banking industry
- Risks of trouble spreading to other industries
- What Jay Powell is (probably) focusing on as he weighs the next decision around interest rates

(10:37) Alison Southwick and Robert Brokamp answer your questions about asset allocation, company spin-offs, and bond ETFs.

Companies discussed: UBS, CS, WBD

Host: Chris Hill
Guests: Bill Mann, Robert Brokamp, Alison Southwick
Producer: Ricky Mulvey
Engineers: Dan Boyd, Rick Engdahl

Transcript

Click on a timestamp to play from that location

0:00.0	If you're playing a drinking game where you take a drink every time we talk about banks,
0:09.4	I got some bad news.
0:11.2	Motifull Money starts now.
0:14.8	I'm Chris Hill joining me in studio Motifull Senior Analyst Bill Mann.
0:25.1	Nice to be across the table from you.
0:26.5	Hey Chris, how are you?
0:28.1	I'm a little agitated as I think I've been venting to you a little bit before we started
0:32.6	recording here because where I was reminded, Twitter reminded me of the movie Groundhog
0:38.4	Day this morning because there's the scene in Groundhog Day where Bill Murray, the weather
0:43.0	man, runs into a guy at the local bed and breakfast he's staying at and he says, do you
0:47.4	think it'll be an early spring?
0:50.0	And he just deadpan says, well, I'm predicting March 21st and he walks by the guy and the guy
0:54.4	is like, actually, I think that is the first.
0:57.0	So you did it.
0:58.2	So happy first day of spring to everyone.
1:00.7	But yeah, it's Groundhog Day because we're here with the banks again and there are a
1:06.1	couple of specifics I want to get into with you, but just broadly, tell me where you think
1:11.0	we are right now.
1:12.1	What is standing out to you as we talk in the middle of the day on you really don't want
1:18.4	to talk about banks to you.
1:19.9	I can tell.
1:20.9	I would love there to be another dominant story, but there's not like this is understandably
	...

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