Hello, Hello, Rebel Capital's hope you're well.

Back in business, back in Medi, super excited to get back in a live stream.

We've got some big news here.

Moody's downgrades, another five banks.

And to give you some context, they did that just before First Republic went bust a few months ago

So let's get right over to see and be seeing and check this out. They've got some great charts that show pretty much why the banks are struggling and one of the many reasons why I think

we're probably in inning six or seven of this banking crisis. I don't think we're in

inning eight or nine yet. But let's get over to

cn't be see and check this out the title of this story just came out today

August 9th these charts show what what has moodies worried about regional banks including U.S. Bank and Fifth Third.

So if you haven't been following this, Moody just downgraded a bunch of banks and this was recently this wasn't going back to

March this was right in August here in fact I think they just did this today so

Wednesday August night the day prior to the the CPI coming out. Keep talking points new issues highlighted by Moody's new issues.

What? Okay, when you see the issues that they're having, these are by no means new issues.

Maybe this is new for CNBC.

Okay, we've been talking about these issues for quite some time.

It's, I'm glad to see the people over Moody's have finally caught on.

So new issues highlighted my Moody's may cast a Paul over Banks.

I'm not the most educated person but I've never heard of that

word Paul. Maybe leave me a comment in the chat. Let me know what does that mean?

Okay.

I thought I had a decent vocabulary I guess not.

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