Trump's Plan to Rescue Argentina Is 'Unconventional,' Says Larry Summers
Bloomberg Televisionยท2025-10-18 12:01
We start with the state of US banks, as earnings began rolling in this week. Those earnings give us a snapshot of how the financial sector did last quarter. But our special contributor, Larry Summers, takes us through the more sweeping changes we are witnessing.-It suggests that the big banks are building capital, and are in good shape, and have relatively strong balance sheets. And it makes the kind of financial crisis that we had in 2008 less likely. But I don't think it's a fundamentally strong indicator ...