MacroPass™: Chris Whalen On The Health Of The Banking Industry
A review of Q3 and an outlook for Q4
This week’s submission for our popular MacroPass™ service available to premium members of this Substack comes from macro & banking analyst Chris Whalen.
Few understanding the banking industry as well as Chris does, which is why the report below, his quarterly review and outlook, is so widely-anticipated by the industry.
With the impact of “higher for longer” interest rates still weighing on bank balance sheets and losses from commercial real estate still rippling through the industry, how vulnerable are banks right now?
For the answers, read through Chris’ slide deck below…
As a reminder, MacroPass™ is a weekly rotating selection of premium analysis from many of the big thinkers interviewed on Thoughtful Money.
To-date that list of contributors includes experts like Lacy Hunt (Hoisington), Stephanie Pomboy (Macro Mavens), Danielle DiMartino Booth (QI Research), Tom McClellan, Michael Howell (Capital Wars), Darius Dale (42 Macro), Doomberg, Ted Oakley (Oxbow Advisors), Kevin Muir (The Macro Tourist), Alf Peccatiello (The Macro Compass), Lance Lambert (ResiClub), Ed Yardini (Yardini Research), David Hay (Haymaker), Melody Wright (M3_Melody), David Stockman (Contra Corner), David Brady (FIPEST Report), John Rubino, Adam Kobeissi (The Kobeissi Letter), Sven Henrich (Northman Trader), Jeff Clark (The Gold Advisor), and Chris Whalen (The Institutional Risk Analyst).
The reports issued so far in this MacroPass™ series include:
Jeff Clark on the promising outlook for junior mining stocks
Darius Dale on the market's transition from 'Goldilocks' towards Deflation
The Kobeissi Letter on tech stock weakness & recession fears
Danielle DiMartino Booth on the debt-default reckoning lying ahead
If you’re already a premium subscriber to this Substack, just continue below to access Chris’ slide presentation.
And if you’re not (yet), just upgrade to premium and access the full report, as well as all past and future MacroPass™ content
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