While the US banking crisis seems now contained, it is likely small and medium-sized US banks will experience a new wave of regulation. Moreover, rate hikes may have come to an end: with less availability in credit, inflation looks like is setting to fall. This creates interesting opportunities for investors in fixed income. The real estate sector, on the other hand, might be one of those sector struggling in the future, especially in the US.
Listen to Davide Serra (Founder and CEO, Algebris Investments) talking about the key takeaways from his trip to the United States in April 2023.
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