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Macro Watch: The one on regulation, FDIC incentives and cutting cycles

Macro Watch: The one on regulation, FDIC incentives and cutting cycles

The ECB and the Fed keep referring to sound and resilient conditions in banking as they obviously need to. Beneath the surface, a cocktail of mediocre regulation, bizarre incentives and complacent authorities is likely to guide us into a continued bank crisis until rates come down. Here is why!

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