More Pain Ahead for Smaller Banks: BlackRock's Chaudhuri

The video discusses the current economic situation, focusing on the need for stabilization and the systemic ramifications of recent events. It highlights the challenges faced by regional and smaller banks, predicting lower credit growth and slower economic growth in the US. Despite some positive news, such as the Fed's rapid response, the video suggests that more regulatory changes are expected, particularly in the banking sector, and it is too early to determine the bottom of the equity market.

What is the speaker's perspective on the current state of the equity market?

What regulatory changes does the speaker anticipate in the banking system?