FDIC Proposes New Regulations For Regional Banks

Expect pressure on the markets to continue in the coming weeks, notes Octavio Marenzi. he discusses inflationary pressures on the markets, as well as the Fed's fight against inflation. He previews Fed Chair Jerome Powell's speech on Friday from Jackson Hole. He also talks about how S&P Global lowers rating on several U.S. regional banks including KeyCorp, Comerica, Valley National, UMB Financial, and Associated Bank. he then goes over how the FDIC proposes new regulations for regional banks. Lastly, he previews Nvidia's (NVDA) earnings report. Tune in to find out more about the stock market today.