Bank of America CEO Brian Moynihan on higher interest rates, the yield curve and economic outlook
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- Опубликовано: 5 окт 2024
- Brian Moynihan, Bank of America CEO, joins 'Squawk on the Street' to discuss how the changing rate environment is impacting the big banks, how much longer the balance sheet will be a point of conversation, and much more.
All these bank crisis and recession are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my $700k portfolio and boost performance and returns by 40% in a little over four years.
@@yeslahykcim impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
I'm being guided by “Leila Simoes Pinto’’ who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I would pick this reporter to be CEO of Bank of America over Bryan Moynihan. She seems very intelligent.
You can’t help but lose more respect for this company and him every time you see him speak.
it's typically not a problem for one of the biggest banks. people be screaming but these unrealized losses are in bond, it's not like he's betting on stock and holding unrealized gain. I think people have tendency to judge; 08 is when risky assets were all over the market, these unrealized losses are bonds which will be paid out if hold to maturity, it's backed by US govt and i would say that's the safest stuff on Earth today. The only way this turns into a problem is that massive people are withdrawing from Bank of America, if that were the case, it would means a 99% of the banks would have failed by then, which we would have a much bigger problem that makes that 100B unrealized loss looks like someone dropped a penny on the ground.
And who knows, when rates drop maybe those unrealized losses will turn to unrealized gains?
Is it just me, or does the CEO look blurry. Like he's just edited in or something.
Thought I was the only one who noticed that
@@JamarCarr I thought I was trippin' at first or my settings were bad haha
Thought Wells Fargo’s had bad management. Holy this guy can barely speak.
His nickname at the company is mumbles.
Banks are around to ensure our present costs are always rising.
This guy lost an immense amount of money
Its not his money so he dont care.
But like all US CEOs will earn $50-100m and pay almost no tax.
Only the poor stupid people pay tax in the USA.
His real statement: "can you fit 3 fingers up there?...
B.ofA.was bank'o Italy B4 buyout, rebrand does wonders when tied tho national -ists/ism...
How has he not been fired yet lmao
Democracy thrives on participation. Petitions, signature collections and collective actions are nothing new for Americans, for example. to demand regulation of banks. The only thing that is new is that the real economy is now just an appendage of the financial economy. Democracy thrives on participation.
By the way, "Banks create Money out of nothing"
What is he talking about
Time to buy mortgage ETF
Divest, divest, divest.
Defund the banks.
Bitcoin 2024.
crypto is a scam stfu
He is so lying! Bulls…..! Crooks 🤬
CEO
Chief Excrement Orifice
BOUCHIER KHAN : man
Australia 🇦🇺 LawYERS
arab man
All we need is the right advice on how to invest and we will be set for life, I have been making $18k weekly from trading and I'm happy about it..
Even with the right technique and assets some investors would still make more than others, as an investor, you should've known that by now, nothing beats experience and that's final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I'm investing again.
Very true, people downplay planners role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license-fiduciary advisors. Thankfully, I came across Fergus waylen someone of practical knowledge, and decades of experience, I liquidated 200k of 325k from my 401k it has yield nearly 1M after subsequent investments so far.
I have been in touch with Fergus Waylen with an initial starting reserve of $100k, my advisor chooses the entry command of my portfolio which has grown to approximately $480k in just months
Trading with my account manager has been the best thing that has ever happened to my business life. Ignorantly throwing away capital to use strategies you don't really understand is not a wise decision. Fergus waylen has always made and delivered good profits for me so why bother myself over strategies
I have been on the wrong side for far long and I'm willing to make consultations to improve my situation. What is the most reliable medium to reach him please?.,
SArv singh 😊😊 : girl
Australia 🇦🇺 LawYERS
arab girl
We're is my money
Loosers are good news