Watch CNBC's full interview with Laffer Tengler's Nancy Tengler and Ironsides' Barry Knapp

Nancy Tengler, CEO of Laffer Tengler Investments, and Barry Knapp, managing partner at Ironsides Macroeconomics, join 'The Exchange' to discuss regional bank earnings, credit tightening leading to balance sheet derisking, and macroeconomic fallout of Fed rate hikes.