WARNING | The Banking Crisis Is Getting Worse
HTML-код
- Опубликовано: 8 июн 2024
- Receive a Free Bonus from moomoo trading app (available for users in U.S, Canada and Australia): j.moomoo.com/00wF8c
🔥 WhiteBoard Finance University - Join My School Here:
⮕ www.wbfuniversity.com
In today's video, we'll be discussing how the global banking crisis is getting worse.
We will be discussing examples such as Credit Suisse, First Republic Bank, and Pacific Western Bank.
Credit Suisse was just a few months into a restructuring process that included separating its investment banking unit and focusing on its wealth management business.
Credit Suisse ended up borrowing $54.5bn from the Swiss National Bank to strengthen liquidity but it wasn’t enough.
UBS buys Credit Suisse for $0.76 a share, a 99% decline from CS’s peak share price in 2007.
Now let's get back to the States...
Despite receiving $30bn in deposits from various banks, First Republic Bank is still struggling and may need government help.
20% of Pacific Western Bank’s deposits have been withdrawn since the start of the year.
It has raised $1.4bn in cash and borrowed $15bn from the government in order to boost liquidity.
There are more and more cracks showing.
Watch until the end of the video to learn more and see how you can protect yourself.
🔥 WhiteBoard Finance University - Join My School Here:
⮕ www.wbfuniversity.com
My FREE M1 Finance Training Video:
⮕ whiteboardfinance.com/go/m1-f...
My FREE Stock Market For Beginners Guide:
⮕ whiteboardfinance.com/go/stoc...
GET MY HOME AFFORDABILITY SPREADSHEET HERE:
⮕ / whiteboardfinance
FOLLOW ME ON INSTAGRAM:
⮕ / whiteboardfinance
⏰ Timestamps ⏰:
0:00 - Intro
0:29 - Trouble For Euro Banks (Credit Suisse)
2:44 - Government Says That It's OK
4:37 - Bank Problems Continue To Pile Up
6:08 - moomoo Spot
8:30 - Increase in Govt Help
12:20 - Fed Raises Rates Anyway
13:52 - Lending is Tight
15:54 - How To Position Yourself
17:20 - My Thoughts
20:10 - SPECIAL GUEST ANALYST
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#investing
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
moomoo Disclaimer:
$0 commission trading is available only to U.S residents trading in U.S markets through
moomoo financial Inc. Other fees may apply, please see our pricing page for more info: www.
moomoo. com/us /pricing)
Banks are experiencing a cash and profitability shortage. You can tell when you look at how long transactions take. Transactions that had no holds two years ago are now subject to holds. The future lies in cryptocurrencies and stocks.
@@roryperalta3407 You are totally right. Investment advisers such as Claudia Frade Ferreira definitely know how to navigate the markets and anticipate margins too.. Best remedy for the bank catastrophe
@@stephaniebender8319 I just looked her up. Thanks for the referral
Wonderful insight. Banks couldn’t just offload the long term bonds like that. They were on the books as “held to maturity”. If they’d moved them to “available for sale” they would have taken a massive write-down on the value of the bonds. With the 2008 financial crisis, which led to the decline of several money market funds below $1, brokerage companies began to acquire banks.I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now.
We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then
@@Harperrr.99 My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.
@@corrySledd Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us
@@Blitcliffe Credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she’s well known, you should look her up.
I love how the Fed is fighting inflation by raising rates, then supplying money to banks that are failing
I mean, some of these companies/businesses had their money tied up in these banks with over millions/billions of capital. They wouldn't be able to pay their employees. Also alot of cybersecurity start-ups had their money in these banks too, imagine not being able to pay those workers?
@@darrendent8288 imagine companies/businesses depositing huge amounts more than what is insured without a contingency policy.
@@TrevForPresident Sure blame the companies for improper risk management. But we would have a larger crisis on hand for workers, and unemployment would be even higher if these companies shut down. Its a lose/lose situation imo
@@darrendent8288 I agree with you, but the consequence of the absence of that pain for them is spreading it across everyone... and potentially worse in the future due to moral hazard. These businesses could've mitigated risk a number of ways and we now get the slippery slope of consequences for everyone to bail out the dumb mistakes of few.
@@TrevForPresident Agree, the pain doesn't flush away, it's just being smeared all over the place. The idea that the banks get all the money and bonuses back is wild. How will they learn?
most likely about to get laid off from my job due to downsizing a few months before my 401k vests. and this was after achieving the highest level of performance in my annual review last month (lesson learned there)
i started watching your videos in 2020 and it taught me things that 16 years of school never did. if i do get laid off, i have over a year of savings that i can fall back on thanks to the information you've shared in your content.
appreciate the videos and keep it up!!
Thank you for the kind words. I hope that doesn't happen!
Good luck friend! I just survived a %25 workforce reduction in my lab. Marco's videos are the best! Also have been watching a long time, thanks Marco!
P.S. Nice Sup Duck 😉
My wife got let go after 17 years of spectacular reviews. Not even so much as a verbal or written warning. Not because of downsizing, because they knew they could re-hire someone else at an entry level salary. This is how we found out about living in an "At will state" after contacting an attorney. Lesson learned, always do what's best for you, and not some greedy organization.
@MarlinFoundNemo trades are very competitive to get in to.
RUclips hates good quality and deeply researched topics. Thanks for everything, we know how much effort you put into these videos. Proud subscriber
Receive a Free Bonus from moomoo trading app (available for users in U.S, Canada and Australia): j.moomoo.com/00wF8c
🔥 WhiteBoard Finance University - Join My School Here:
⮕ www.wbfuniversity.com
thumbs down for your 2:30 min of IN VIDEO commercial, thumbs down for your crypto advice. Try to be professional all the way, you are losing your audience.
I'm always amazed that Ralph Lauren Oxford pin stripe Polo shirt style has survived the 80's, 90's, Y2K, Dot Com bubble, 2008 crisis, COVID, and now this current banking crisis. I remember my first one I got for Christmas in '86. I felt rich.
I got one in 1977
@@karenjensen2345 Nice! We couldn't afford Ralph Lauren until the mid eighties. :)
Love the sound board Marko!
We can tell you spent lots of time to make these videos. Thank you so much for sharing your expertise!
So nice of you 😊
Thanks for the info
Great video. Legends to embrace if you want to get rich investing Mark and Gary Joe Wilde. Unfortunately, don't know why Gary chose not to own a video channel here like other pros. He is long-established and very advanced in the field.
Gary Joe Wilde is SEC regulated. They aren't permitted to own or operate an investing video channel.
I prefer Gary's method; very simple & transparent i have made over 40K in profits a few months with him. In all honesty, wish i had known about him earlier.
@@sakhalittle9206 Same here.
@@Thompson7888 Chris and Brian often recommended and promoted him in their early vids....It's been a while though. Learned he is a mentor to many reputable pros here.
love the videos man. i saw the tweet. you have the most educational videos on the latest hot topics. everybody is dropping a banking crisis video but this is the best one
Appreciate that
Really love your videos. Thank you
Hvala puno brate !!!
Nice watch Marko.
Good content mate. Thank you.
Thanks for sharing your experience with us. Much appreciated💜🇺🇸🙏
I was asking myself the same question but thank you for answering the question. Great presentation as always!
Good job Marko!
Also, top comedy!
Nice video with examples on why, especially the end with the Nikkei. Great work!
Glad you liked it!
Have watched so many of your videos!! Great content for us laymen. Thank you!
Thanks for watching! I really appreciate that!
Great Info as always
🫡🙏
When a bank pays a fine, where does it go? Federal government? Thanks for everything Marko! Keep up the great content!
As always, another great video from you Marko & your great team 💪 Thanks for everything you' guys are doing! 👏🙏
Odlican kao i uvijek
drum roll was a nice touch ha
Love you marco ❤
Marko, i have a large portion of money in wealth front. They are currently offering 4.30% and my cash is liquid. No 1 years holds etc. Do you think im good with that and hold some cash at home until this blows over (hopefully). Or should i run from wealthfront?
Great video. With all going on with banks... where is best place to put emergency fund?
Hello from Dallas TX!!
Big Marco with the Rollie on?! 👀🔥
Nice update Marko. There are over 4,200 FDIC insured banks in the US. How many are "in trouble?" Also do you ever think about credit unions?
Are credit unions safe or protected from this situation?
Marko.........The Man........The Myth...........The Legend !!!
Sophie nailed it, I don't like either as well.
Hi Marko, whats the recording software you're using that turns your cursor red so it's more visible?
Great video 👍👍
Hey Marko, would love to see you do a financial geopolitical crossover with Jay Dyer. Think you guys would have good material to talk about on a podcast collab
Funny thing is MMMFs are exposed to a lot of the same risks as banks unless they are just buying low term tbills
How much should be the percentage of your network to keep in Bitcoin?
Thanks for scaring the SH*T out me. Nice lunch break.
@@Kurt1969 because it has been PLANNED for decades to usher in One World $$$, one government, one religion= the AntiChrist system of the Bible spoken of for 3000+ years.
@@Kurt1969 probably because the ones that can "do something" are the ones that caused it in the first place.
Any time!
This channel provides the most balanced view and rational points for the current state of the economy.
Need some expert prediction on gold prices either it should continue an upward momentum throughout the year 2023 or may decline in short term or may be the later part of this year?
What's your take on the BRICS planning to drop USD? could be it, the one that takes Rome down?
Thanks for your thoughts Marko! I retired in 2008 (at age 55) but did not panic. In fact I treated the depressed market as being "on sale." I made a huge amount of money by doing nothing except buying a few things I knew would not go away. Ford stock for $2/share etc. I appreciate your insight.
The negative impact of SVB and SI debacles has been reflected in the regional bank ETF (KRE) which has witnessed a decline of over 20%. This event has triggered contagion effects, dragging the entire market lower. However, historically speaking, a localized and narrow contagion of this nature presents an opportune time to invest in strong, financially stable companies with substantial cash reserves on their balance sheets.
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
My licensed coach, *KATRINA VANRENSUM* is a highly experienced and knowledgeable specialist in the financial market. She possesses exceptional expertise in portfolio diversification, and is widely acknowledged as an authoritative figure in her industry.
I Researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.
Marko. I have purchased KEY, PACW,BA, RF. Should I bail? Ohio brother needs your personal opinion
Important video
But but but the gov't told me everything was fine! You mean they lied to me? No way... lol
OMG! Love that spot from Sophie! She puts a smile on your face every time 😊
lol ty!
Are these withdrawals only going to mm accounts? Aren’t people also withdrawing their excess savings from Covid?
Collectibles! I'm safe with all my statues. 😅
I think more banks will fail. But they will bail out the big ones.
Banks are running out of cash and profitability. You can sense it when you observe how long transactions are taking. There’s also holds being placed on transactions that weren’t there 2 years ago.
Do you know why the dolar is so weak right now? Example i live in mexico and 1 dollar was worth 20 pesos a few months ago. right now its worth 18 pesos
😂 appreciated the Metal Gear sound effect, even if it was a mistake
“Huh? What was that noise?!”
What about Bank of America , navy fed, American Express, wealth front
Fantastic content as always! In addition to gold and bitcoin, I think silver is on the rise.
FRC and CS are going to the frickin’ moon!!! 🚀 100x returns! Buy buy buy!
Lmao at the end😂😂
2008 I was 13 years old Marko
Aren’t money market funds managed by banks?
Bro... where's the vest?
Are you still investing in ibonds?
WBF is the new Peter Schiff. 😂
I've been a subscriber for a looong time. Im highly interested in what Whiteboard Finance University is going to offer. Especially if there is some sort of online class structure with certs and different things like that. Brick and mortar schools are kind of outdated in my opinion. I'll be looking forward to the release of WFU, my expectations are high.
can you make a video about binance and their role with bitcoin and all the scandals?
It will be deflationary like the depression because banks will have to be very conservative. However, the bailouts will prevent a full on fast crash and the QE will drive asset prices higher. However, this time the assets that will be driven higher will be defensive/safe haven assets. So, value over growth stocks. Also, it will be a long depression because of government preventing a crash.
20:49 "Not financial advice."
LOL!
I like watching your videos not only for their great content but you are a charismatic dude with a winning smile
When they say safe and sound. Run for your money. 🏃🏃♂🏃♀
This is great and all, but I'm more concerned about the impact of BRICS and the impact it'll have on the US.
my research analyst and I are already on it :)
BRICS are not a united block.
Mutual mistrust between China and India.
Russia trusts China less than US.
Not sure where Brazil or South Africa stands on issues.
"I've never seen that before in the media where they keep repeating the same talking points over and over" 🤣
Banks can always call holidays and shut until things resolve, if it became serious enough.
Why does low unemployment rate precede recessions?
hold on that's the wrong one.. bruh 😂😂😂
thanks marko for the time you took to educate us
the MGS alert was the right sound effect for what the central banks are doing.
i really appreciate the vid you made about diversifying your assets because that seems to be the key
Im getting some money back from taxes and i am going to be debt free
god help us with the china russia romance
god bless and take care!
What do you guys think of the housing market? Should I buy a house now or wait? If wait, how long?
Janet Yellen - “Hold my beer”.
R.I.P. America 1775-2023
Solid video and data presentation! 💥
Spent a good amount of time with Marko at BTC Miami 2021. He's the same guy you'd expect based on watching his videos - not something you can say about every internet personality!
This is fine :) 29.03.2023
How to position yourself?
Watch this channel 👍 as always great analysis!
Great suggestion! Lol thanks for watching :)
Why low unemployment precedes recessions?
SDSU -2
Best investment you can make
As a savvy finance MASTER, do you buy your Ralph Lauren at Marshall's, Macy's or directly from Ralph Lauren/Polo? Asking for a friend. :)
All hail the rates
Im not gonna lie, I wasn't throughout a great deal of the video. Do you have a foundations video for all these trends, etc?
My only question is: Marko, how can you read "Moomoo" with a straight face?
I was watching your watch the whole video trying to get the seconds hand to move. It did not. Bear market confirmed.
I think you are a bit late to the party with this video, but I still watched and liked, always support your channel.
Thanks! This video was ready researched last week but I needed to wait on approval from the sponsor! Thanks for watching either way!
I personally love financial crises. It’s a great opportunity to buy up assets at fire sale prices and make a tidy amount after.
Vlad
@@NickName-ms3zc as in vlad the impaler?
@@khaldrago911 as in the Bus Driver
@@NickName-ms3zc as in Otto from the Simpsons?
@@khaldrago911 Ai
The best way to stop inflation is to stop printing money. Inflation is always a function of monetary policy. More money in the market (M1) makes prices go up. How to cure inflation? Burn the money you printed. Prices will fall.
Don’t worry, apparently “chancellor on brink of second bailout for banks”
Haha, the joke about neutral 😂
thank you whiteboy finance
13:40 doesn't that just mean she's not guaranteeing above FDIC $250K?
Hey Marko ... you give good content but a constructive criticism if you wish! do it faster, what you are discussing now is old news. Obviously you put a lot of effort with chart and stuff but information is rapid, and by the time your video comes out already passed a week from CS news and UBS purchase and FRC and PACW already dissolved .... just saying! but good content that's for sure
Thanks! This video was ready researched last week but I needed to wait on approval from the sponsor! Thanks for watching either way!
A like for the capricious algo..
Commercial Real Estate could very well be the worst advice to get into right now.
So many sponsors/syndicators who have no idea what they were doing the past few years took on tons of variable interest rate debt. What do you think is going to happen once they cant service that debt once people start losing jobs? Commercial real estate will be a great bet once the loans start becoming delinquent
Having recently gained more knowledge about personal finance, I've subscribed to your channel. I want to commend everyone who's tirelessly working to earn a living while also building wealth during this recession. At 45, I'm retired, along with my 51-year-old husband, and we're debt-free. Our plan is to relocate to Thailand. Thanks to our frugal and financially savvy lifestyle, as well as our commitment to saving and investing in the financial market, we've been able to generate passive income even in this recessionary period, allowing us to sustain our desired lifestyle."
Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas. I want to be retired in my forties or fifties.
No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with *'Jude Ryan McDonough,'* to create a long-term investment strategy, and he assisted us in managing our investments while we focused on my jobs without any concerns
Thailand is really a nice comfy plan to retire. Working with a skilled financial planner can be compared to having a mentor in the field of finance. I used to struggle to invest on my own and ended up losing money, but things changed once I started working with *'Jude Ryan McDonough,'* He played a pivotal role in helping me improve my financial situation. Previously, I relied solely on my job and salary for income, but now I have found ways to generate additional income with ease, which has allowed me to leave traditional employment. Nowadays, I believe that investing is not a choice, but a necessity for anyone who desires financial independence and a good quality of life
Thank you for your advice. It's challenging to find a reliable investment advisor here, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.
Ngl Personally, I feel fortunate to be one of the many people who have had the opportunity to work with *'Jude Ryan McDonough,'* Thanks to his advice and expertise, I have been able to provide for myself and lead a fulfilling life. Nolan is a highly competent and trustworthy advisor, and I am truly grateful to have him on my side. It is not easy to find someone who is not only knowledgeable but also has the necessary skills to manage investments effectively. I feel indebted to him and will continue to offer my support and prayers
Is it going to be horrible? I keep hearing people saying it’ll be like a Great Depression.
No one knows, but there are a lot of bubbles that could pop and things could get really nasty before they get better
No one really knows. All people can do is guess.