To assume that a financial crisis is brewing is wrong, says Edison Byzkya. He previews the FOMC meeting which begins Tuesday, and the decision will be announced Wednesday. He notes that the irony is that the current banking system issues are occurring amidst an era of extremely healthy consumer fiscal backdrop. He discusses how the current banking system issues are impacting markets. He also looks at the S&P 500 Regional Bank ETF (KRE) which is down 8.8% this week. Tune in to find out more about the stock market today.
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