Brace For Recession?

Host Roukaya Ibrahim talks to BCA Research’s Chief US Investment Strategist Doug Peta about the implications of bank sector stress on the outlook for the US economy and Fed policy. Will the turmoil bring forward the beginning of the next US recession? Is a blanket insurance for bank deposits a prerequisite for stemming the deposit outflow from community and regional banks and restoring financial stability? What will be the impact of bank turmoil on Fed policy in 2023?