Surveillance: Rate Rise Is a Golden Moment for Banks, Mayo Says
December 14, 201645m 22s
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Show Notes
Mike Mayo, a banking analyst at CLSA Americas, says U.S. banks are very strong. Prior to that, Jean-Claude Trichet, former ECB president, discusses the role shadow banking played in the financial crisis. Then, Peter Hooper, Deutsche Bank's chief economist, says the Fed has to catch up with the market. Finally, Doug Kass, Seabreeze Partners' president and founder, says investors seeing sunny days ahead may be disappointed.
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