New Episode of UN/BALANCED!

Michael Pettis and I discuss the impact of rising interest rates on the U.S. banking system, and more.

After a brief parental-leave-related hiatus, I am happy to announce that my podcast with Michael is back. This time we look at the failures of Silicon Valley Bank, Signature Bank, and First Republic Bank, the broader implications for the financial system, and their historical context. Check it out! Remember that paid subscribers to The Overshoot are eligible for a substantial discount to UN/BALANCED.

UN/BALANCED Episode 5: The U.S. Banking System Reacts to Rate Hikes