Tuesday, December 1, 2020

The ten year look ahead in banking

 It is all about when and where to suffer the Fed taxes which everyone knows, pretty much by heart.

So, the private sector is adjusting the structured queue to have a nice betting binomial. The effect of the plot is to minimize, as much as possible, those fees. From year to year they will look more like a gaussian noise signal. At two percent of the economy, that is a gynormous loss. Swift bankers will rebel, this is horse manure on their business for no fault of their own.

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