Algebris CEO Serra on Tariffs, Italy, Deutsche Bank

The video discusses the risks and opportunities in global financial markets, focusing on US financials amid trade tensions with China, the impact of the US trade deficit, and potential Chinese retaliation. It also covers the Italian financial market's response to political changes and Deutsche Bank's strategic shift away from US investment banking. The video concludes with an analysis of attractive investment opportunities in US and European financial markets, highlighting the potential benefits of European credit risk.

What are the potential risks associated with President Trump's aggressive posture towards China?

What could be the long-term effects of protectionist measures on inflation in the U.S.?

How might the trade deficit in the United States impact its economy?

Discuss the implications of a weaker dollar on the U.S. economy over the next 12 to 18 months.

What factors contributed to the volatility of Italian financials in May?

How does the current macroeconomic backdrop affect investment strategies in the financial sector?

Why is European credit risk considered underpriced compared to U.S. credit risk?