{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Avoid Crisis","title":"$30 Billion in Aid Stems Risk of Contagion. First Republic Bank Short Squeeze coming.","html":"","width":"100%","height":180,"duration":2693,"description":"April 5, 2023 - Avoid Crisis hosts Reynaldo Arellano and Allen Plyler studiously postulate that the Jamie Dimon led $30 billion balance sheet injection to First Republic Bank will stop the spread of contagion in the banking crisis.\n Key Points from Rey:\n\nFirst Republic Bank (FRB) had big banks come to their aid, but we still don’t know if it was a rescueFRB has lost key employees and their earnings may sufferDo we have too many banks, does the market need this manyThe Federal Reserve's next report on M-1 will be interesting to watch.Money may be going back to the marketTo hold a short on FRB now, you must think it is going to tank completely, which I don’t think is going to happenThe rebound could be steep for the stock price of FRC, you will be competing with other buyersInterest rates went up a quarter a point, and inflation seems to be coming down someMore money paid in interest is less money to pay for a house, and housing prices may come down furtherOPEC cutting production made oil go up in price, the long cycle and going green has to be thought ofCompanies that need to raise money now may not be able to get the cash they need.  A lot of good ideas won’t get funded.Easy cheap money isn’t here anymore and it won’t be for a long time.  This will have a big negative hit on our economy.Everyone listening to this podcast should tell their friends to listen tooRey added to his list of invited guests of Warren Buffet and Jamie Dimon, a new guest, Mike Roffler, CEO of First Republic Bank.\nKey Points from Allen:\n\nEarnings season release for banks are about to come out and we will hear more on the economyJamie Dimon indicated the banking crisis is not overThe big banks are not necessarily the winners hereFRB lost employees even after the injection of $30 billionDeposits are coming out of banks internationallyCan banks consolidate until they are too big to fail?Local lending is important, big banks may not understand the local community lending needsThe banking crisis...","thumbnail_url":"https://img.transistorcdn.com/_AOfILLyaGP4Yslw8CtAqNgEfnClfxGgQ3-mzMqbkv0/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQwMjc2LzE2ODAy/Nzg3ODgtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}