US Banking Crisis Risk If Fed Keeps Rates Higher: Stanhope's Pinto

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The Fed will likely cut interest rates twice this year, starting in September, according to chief executive and chairman of Stanhope Capital, Daniel Pinto. He tells Francine Lacqua he thinks the central bank is also under pressure to cut rates due to souring real estate loans at regional US banks.
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He means there's a greater chance his rich clients may end up paying tax

freeatlast.
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I would not have considered that a crisis at all.

ninja
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Sai_Harshit
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Second tier is where all the shit deals are that prop up the house of cards above. And that's where pinto's and his clients' money is tied

silversurfer