Episode 15 examines the banking industry close up with a nod to the Great Reset debate popularized by Klaus Schwab and Thierrry Malleret and the World Economic Forum in Davos, and inspired by the Covid-19 crisis.  Central bankers worldwide responded to the crisis by massive market interventions and money printing when shutdowns and locksdowns threatened a global depression and social chaos. In the US, the Fed is navigating the latest stages in the economic recovery and the "new normal." All this occurs amidst the bear market and soaring inflation.

“The whole nature of the economy will change – a Great Reset will, in fact, occur,” according to DICK BOVE, chief financial strategist at Odeon Capital Group, in his latest research. “Banks will be significant beneficiaries of this change.” BOVE notes that while the financial system and the economy is in the process of adjusting, there is likely to be some turmoil in the unfolding drama. 

Appropos, BOVE’S new research is titled, Bank Stock Positioning. Key Investment Points for the Great Reset.