Banking Trust Issues
Apple’s rising interest rates, significantly higher than the national average, raise questions about the trust it maintains with users. The disparity between the Fed funds rate and savings account interest rates reveals a concerning trend known as deposit beta, which is at historic lows. As Scott points out, the illusion of choice in crucial sectors, including banking, suggests a deeper systemic issue that affects everyday consumers.In this clip
From this podcast
Prof G Markets
Prof G Markets: Apple's High Yield Savings Accounts, Shifting to Bonds, and AI vs. IP
Related Questions