to need a lifeline since that time. last week we had two banks in the us go under, so what is going on? what is your forecast going forward, not just for the banking sector but for all of us? by my reckoning it is the fourth bank in the headlines for the wrong reasons in the last two weeks. we are coming out of more than a decade of zero interest rates, banks being active in buying up risky assets, as your reporter said a bit earlier, we have seen an increase in asset prices. it is quite easy to make headway as a business under those sort of loose financial conditions. all of that has been changing over the last year or so. central banks have effectively been caught out. they have been forced to raise interest rates very aggressively, and one of the reasons why markets are so unnerved at the moment is we have federal reserve chairman powell
average person. figs we are likely see the impact to the average person- we are likely see the impact to the average person. as you say, we are not in the same average person. as you say, we are not in the same position average person. as you say, we are not in the same position we - average person. as you say, we are not in the same position we were i average person. as you say, we are | not in the same position we were the same time as the last financial crash and 2008 but this is the first major bank to needy lifeline since that time. last week we had to banks in the us go under, so what is going on? what is your forecast going forward, notjust for the banking sector but for all of us? br; forward, notjust for the banking sector but for all of us?- sector but for all of us? by my reckoning sector but for all of us? by my reckoning is sector but for all of us? by my reckoning is the sector but for all of us? by my reckoning is the fourth - sector but for all of us? by my
later. and they lost. so maybe democracy later. and they lost. so maybe democracy did later. and they lost. so maybe democracy did work. later. and they lost. so maybe democracy did work. anthony, | later. and they lost. so maybe i democracy did work. anthony, thank you. now, there were a lot of casualties in the 2008 crash. the biggest of them all lehman brothers. supposedly too big to fail, yet it did go under, betting big on sub prime mortgages until they went south, and then in turn so did a financial behomoth. have we just seen the crypto equivalent? ftx was the second largest cryptocurrency exchange. worth around $32 billion. its young owner sam bankman fried was a few months ago on the front cover of fortune magazine, billed as the nextjp morgan. last week his company collapsed. bloomberg has billed it as one of history s greatest ever destructions of wealth. felix salmon, chief financial correspondent for axiosjoins us now. goodness me, his whole fortune, $7 billion go
happened and has given many people sleepless nights worrying about if their business is going to go under, secondly, i think in terms of substance, she needed to be realistic that we weren t going to get all of this through spending. i think that setting out a plan that is more balanced makes sense. i think whatjeremy hunt has said today suggests that they are going today suggests that they are going to have a more balanced plan. hagar to have a more balanced plan. how much contact to have a more balanced plan. how much contact are to have a more balanced plan. how much contact are you to have a more balanced plan. how much contact are you having with your former friends and colleagues in the conservative party at the moment, and what are they saying to you about the leadership? you about the leadership? morale is low. i you about the leadership? morale is low- i have you about the leadership? morale is low- i have a you about the leadership? morale is low. i have a lot yo
joe burrow and matthew stafford. let s breakdown the games. bengals two seasons ago were terrible. they were the worst team in the league, they had two win, 14 loss, they get the first round draft pick. who do they go with. joe burrow, here he is two years later. going to the super bowl taking on matthew stafford. veteran quarterback, what is great about this todd, is you never know what can happen, the bengals were down 18 points to the kansas city chiefs. you are not supposed to come back with the chiefs and patrick patrick mahomes, holding the chiefs to three points in the second half. it s unheard of. it will be a battle in two sundays from now rams favorite by four points. that s close. let s see how the line moves in the next two weeks, check it out on fox bet. and take the under. take the under. the under is 49.5, 16 and a half. go under. interesting, betting in sight