Tom Michaud
speaker
480 appearances
1 recordings
1 series
first heard Jun 2026
last heard 3 Jun
Tom Michaud’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.
Appearances
What I find happening is they're doing a mix.
And I talk to these CEOs all the time about it.
It's not just one delivery because you want confidence in the institution.
They want to be close to their clients when they really need them at an important moment.
So I would expect, but I would expect branches to be opened where the people are, not where they're not.
And by the way, I still believe the impact of COVID and the policy action and response afterwards is still being felt today.
This story is not being done, being told, in my opinion.
Banks were not built for inverted yield curves.
Okay.
And banks were not built for negative interest rates, which was the policy in Europe.
I mean, it sounds not intuitive.
We're going to charge people to keep money in our banks and we're going to pay them to take loans.
I mean, that's
That's not how it was done, but you would think about where the forces were leading with negative interest rates.
So I think the banking system with how it carried through that moment actually did a remarkably good job.
And so an inverted yield curve is pretty much hostile to the operations of a bank.
And the banking industry churned its way through it.
And now that we're getting... Well, coming into this year, it looked like we were getting a steeper curve with lower rates coming and a growing economy.
It was...
Green lights everywhere.
Showing 201–220 of 480 · page 11 of 24
← Previous
Next →