Oct. 17 at 9:47 PM
$KBWB $JPM $BA $JEF $SPY- So it begins......tariffs, fraud, uncertainty pushing start ups and small businesses to the brink of bankruptcy and who is left holding the bag.....Trillions of Dollars?!?!?
Bank loans made to non-bank financial firms were the single fastest-growing category, rising 26% annually since 2012, according to the St. Louis Fed.
“The surge in NDFI lending was really because all these different regulations added up to say there are a bunch of loans banks can’t do anymore, but if they lend to someone else who does them, that’s OK,” Foran said.
“We really don’t know much about these NDFI books,” Foran said. “People are saying, ‘I didn’t know it was so easy for a bank to think they had
$50 million in collateral and find out they had zero.’”
