Zortix matched this thesis to Rates & bonds ETFs as the exposure the bearish case argues against, most actionable for readers who already hold them. Not a recommendation.
Non-bank growth raises financial stability risks
The guest argued that the growth of non-bank financial intermediaries has increased systemic vulnerabilities, as they can be sources of distress during market stress, as seen in the March 2020 'Dash for Cash'.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.