RE: Deutsche Bank & Credit Suisse is ok relax. Too big to fail.3 Oct 2022 09:11
From CNBC:
"The latest from Credit Suisse signals a “rocky period” ahead but it could lead to a change in the U.S. Federal Reserve’s direction, said John Vail, chief global strategist at Nikko Asset Management, on CNBC’s “Squawk Box Asia” on Monday.
“The silver lining at end of this period is the fact that central banks will probably start to relent some time as both inflation is down and financial conditions worsen dramatically,” Vail said. “I don’t think it’s the end of the world.”
DYOR.