mnuchin , powell, and trump have a bonding moment over a few hamberders one night. steve asks is liquidity secure? powell says we have a ton of excess liquidity, regional banks are unfairly hurt by rules to tame more sensitive banks. trump we need a rule change to allow a little stimulus juice to help industry. why not change rules on excess reserve requirements on regional banks? trump says people would be happy, they would be able to absorb excess inventory in certain sectors (housing, auto, HAMBERDERS...etc).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.