Robertson Stephens' Garretty Reacts to US CPI

The transcript discusses the Federal Reserve's challenges in managing inflation and systemic risks in the banking sector. It highlights the potential impact of recent events, such as the SVB situation, on Fed policy decisions. The discussion includes the 'Don't Fight the Fed' mantra and its implications for banking strategies. The transcript also addresses systemic risks and the need for changes in banking supervision, drawing lessons from the 2008 financial crisis.

What lessons can be learned from the Silicon Valley Bank situation regarding the Federal Reserve's policies?

How does the current economic environment differ from the 2008 financial crisis in terms of systemic risk?

What changes in supervision for regional banks are anticipated as a result of recent events?