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THE BANKING CRISIS IS A CRISIS OF THE BANKING SYSTEM. THIS WAS A BANKING SYSTEM. IT LOOKS NOW WE ARE CERTAINLY ON THE MEND. THE LAST THING THE FED WANTS TO DO IS SUGGEST THAT THEIR WORK IS DONE WHEN IT MAY NOT YET BE DONE. SOMETHING HAS GOT TO REBALANCE HERE. IT IS THE FED RATE HIKES COOLING THE ECONOMY OFF. THIS IS BLOOMBERG SURVEILLANCE. JONATHAN: BACK IN NEW YORK CITY FOR OUR AUDIENCE WORLDWIDE. EQUITY FUTURES ON THE SP FUTURES -- SP 500 UNCHANGED. LOOKING AHEAD TO MORE BANK EARNINGS TOMORROW. BANK OF AMERICA. THEN IT IS ON TO THE LIKES OF GOLDMAN. THEN, REGIONAL. I THINK THE REGIONAL BANKS WILL BE THE BIG FOCUS AFTER WE LEARNED FRIDAY THESE BIG BANKS ON WALL STREET HAVE BEEN A PORT IN A CHAOTIC STORM IN Q1. TOM: A WONDERFUL STORY OUT OF ZRICH THIS MORNING. SWITZERLAND CREDIT SUISSE STILL SAY FLOW CHALLENGES. THAT MAKES IT A DIFFERENT EARNINGS SEASON EVEN AS YOU GET UP TO THE SMALL CAPS AND THOSE REMOVED FROM THIS CRISIS. JONATHAN: TWO DATA POINTS. I AM TALKING A