Michael Pento, president of Pento Portfolio Strategies, discusses the health of the banking sector with financial guru Chris Whalen.
Christopher Whalen provides strategic advisory and consulting services to institutional investors and corporate clients around the globe. He is the author of the book Ford Men: From Inspiration to Enterprise and the newsletter: Financial Technology Investor. Chris appears on the Pentonomics Program to discuss the health of the all-important banking sector.
Chris lets viewers in on his keen insight into the condition of bank assets and the leverage ratios of today’s financial institutions. He also shares with us his views on rising interest rates and the incredible increase in Treasury holding on the part of U.S banks.
He then discusses Dodd-Frank and the Volcker Rule in the context of this new environment of deregulation. Finally, Chris discloses what the biggest risk to banks’ balance sheets is today.
For Michael Pento’s website go to www.pentoport.com
For access to a special offer for Mr. Whalen’s Financial Technology Investor newsletter: www.agorafinancial.com
For Chris Whalen’s website go to: www.rcwhalen.com