let's bring in anton schutz with the stock angle here and susquehanna has ideas and dom chu is along ton, let me start with you you both know these banks better than anybody and that also raises some people's questions of did you have any inkling that these problems were coming and if so, why not >> first of all, if you think about the deposit structure of the banks that have failed, you know, what they had in common was very lumpy venture capital deposits or multi-crypto deposits, and i had owned some of these banks in the past i hadn't owned a number of them for quite some time because i was worried about the deposit structure because i didn't know when they would leave or rise and at the end of the day that's not why they failed. these banks failed because there was a run on the banks the one point i really want to make here going back to the financial crisis, right? i ran money then, saw it then and lived through it with scars on my back, but at the end of the day when you create a run on the bank that's illegal. most days there's a run against it and let's see the sec deal with s

van duyne with me, heritage foundation visiting fellow andy puzder, men don capital advisers, anton schutzoining conversation on set chris markowski joe pinion mick mulvaney first to you reaction to these numbers. mick: first of all sound inflation slowing a little bit my attention went to spending number down a little bit despite the income number is up a little bit what does that tell me tells me consumers are sort of saying maybe things still okay at work i will i am a a little bit worried might be pullback something fed pays attention to in addition to inflation looks like sort of bending inflation curve still much higher, than otherwise should be, i think your previous guest said something that bears repeating concept of lending getting ready to slow down, in the commercial real estate market especially in banking sector 270 billion dollars commercial real estate loans for renewal 70% held by small regional banks put together bigger, altogether than svb was all things considered i think maybe this leads the fed to probably hold back on another increase because they see other trends in