Rivkin: Bank Loan Growth Consistent With Employment

The video discusses the theme of loan growth in banks, highlighting its consistency with employment trends and the impact of the 2008 financial crisis on perceptions of loan growth. It raises concerns about the quality of loans, particularly auto loans, and the lowering of underwriting standards in commercial real estate lending. The discussion also covers the future of banking in a rising interest rate environment and the significance of employment numbers in influencing Federal Reserve decisions.

In what ways are banks adjusting their strategies in response to the current economic environment?

What implications does the July employment number have for the banking sector?