Can You Ever Actually De-Risk The Banking System?

Can You Ever Actually De-Risk The Banking System? – Odd Lots

Mentioned

Bullish

PRIVATECREDIT— Private credit has played a crucial role in offsetting banks' hung loans problem, particularly during periods of rising interest rates. It has been instrumental in taking on deals and refinancing in 2023, demonstrating its importance in the current market environment.
APO— Apollo Global Management's Athena insurance unit provides the company with a significant advantage in accessing funds for investments, potentially making it an attractive investment opportunity.

Bearish

STABLES— Traditional banks are likely to dominate the stablecoin space in the future, potentially outcompeting current stablecoin projects. The technology behind stablecoins is valuable, but the ultimate question of what backs the payment may not favor existing stablecoins like USDC.

Not investment advice.