@weisenthal.bsky.social Great recent Nov 30 Odd Lots episode with Josh Younger on deposit beta convexity. Love the topic but also the way Josh explains how banks really work. We (@idrechsl.bsky.social, Philipp Schnabl) thought it’d be good to revisit what deposit betas have been up to since SVB.

Really good discussion on Odd Lots of our work on credit crunches and the inflation of the 1970s. Here are two key charts from our slide deck

pages.stern.nyu.edu/~asavov/alex...