Fed Chair Powell: I am sure there will be bank failures

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  • เผยแพร่เมื่อ 23 ต.ค. 2024

ความคิดเห็น • 389

  • @MegatPage
    @MegatPage 3 หลายเดือนก่อน +615

    It's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates. Is this really a good time to have some savings in stocks?

    • @cowell621
      @cowell621 3 หลายเดือนก่อน +3

      first austerity, then brexit, now widespread bank failures. .always do your own research & speak to a license advisor before thinking about putting your money into these crazy markets

    • @StacieBMui
      @StacieBMui 3 หลายเดือนก่อน +2

      Exactly, most youtubers said the market would be fine few months back, but it's been a major downturn. Luckily, since the rona-outbreak in 2020, I've avoided the drawback of trial and error by simply following professional guidance. I'm semi-retd and work only 7.5 hours weekly, with nearly $1m ROI after subsequent investments to date.

    • @LiaStrings
      @LiaStrings 3 หลายเดือนก่อน +2

      this is incredible! how can I vet your advisor, mind sharing info, if you please?

    • @StacieBMui
      @StacieBMui 3 หลายเดือนก่อน +2

      Finding financial advisors like Sharon Lee Peoples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @lolitashaniel2342
      @lolitashaniel2342 3 หลายเดือนก่อน

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @NicholasBall130
    @NicholasBall130 5 หลายเดือนก่อน +555

    About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?

    • @StocksWolf752
      @StocksWolf752 5 หลายเดือนก่อน +1

      There are many opportunities to make fantastic profits, especially in this depressed market, but such complex transactions can only be carried out by seasoned market professionals.

    • @StacieBMui
      @StacieBMui 5 หลายเดือนก่อน +4

      Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.

    • @EleanorBaker474
      @EleanorBaker474 5 หลายเดือนก่อน +2

      Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

    • @StocksWolf752
      @StocksWolf752 5 หลายเดือนก่อน +2

      Mind if I ask you to recommend this particular coach you using their service?

    • @EleanorBaker474
      @EleanorBaker474 5 หลายเดือนก่อน +2

      I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Sonya lee Mitchell turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

  • @NicoleBarker-he2vp
    @NicoleBarker-he2vp 7 หลายเดือนก่อน +684

    First off, the belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

    • @RossiPopa
      @RossiPopa 7 หลายเดือนก่อน +2

      Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares or ETF that you are interested in.

    • @FusunTumsavas-cq7tp
      @FusunTumsavas-cq7tp 7 หลายเดือนก่อน +3

      Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @RusuSilva
      @RusuSilva 7 หลายเดือนก่อน +1

      How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @FusunTumsavas-cq7tp
      @FusunTumsavas-cq7tp 7 หลายเดือนก่อน +3

      Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Karen Leigh Owens for the last five years or so, and her returns have been pretty much amazing.

    • @RusuSilva
      @RusuSilva 7 หลายเดือนก่อน

      I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

  • @stevensmiddlemass2072
    @stevensmiddlemass2072 7 หลายเดือนก่อน +781

    Since we're approaching April, one of the best months to buy stocks. I am currently holding north of $300k in a savings account waiting to invest in another huge opportunity.. Where would you invest this as of now?

    • @Emily-le2op
      @Emily-le2op 7 หลายเดือนก่อน

      Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with strategies to hedge losses

    • @ConradGosling
      @ConradGosling 7 หลายเดือนก่อน

      Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @benjaminsmith3469
      @benjaminsmith3469 7 หลายเดือนก่อน

      Your CFP must be really good, I hope it's okay to inquire if you're still collaborating with the same CFP and how I can get in touch with them?

    • @ConradGosling
      @ConradGosling 7 หลายเดือนก่อน +3

      That would be Monica Shawn Marti. You should look her up, I say. To be honest, I almost didn't think I should, but I'm glad I decided to let someone handle growing my finances.

    • @KingDavid-jj7tk
      @KingDavid-jj7tk 7 หลายเดือนก่อน

      Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

  • @KarenLavia
    @KarenLavia 7 หลายเดือนก่อน +138

    Bank failures are likely to continue increasing due to rising interest rates, as it causes their commercial paper and treasuries to become devalued. To prevent a severe economic downturn, it is necessary to implement a freeze on interest rates. Simultaneously, the White House should support the industry in boosting gas and oil production to lower fuel prices. The anti-oil stance only contributes to higher energy costs, leading to inflation throughout the economy. By reducing interest rates, tightening the money supply, cutting government expenditures, and increasing the availability of affordable fuel, inflation will decrease, and the economy will thrive. Unfortunately, various conflicting agendas make it unlikely for all these measures to be implemented, resulting in a recession and persistent inflation.

    • @SandraDave.
      @SandraDave. 7 หลายเดือนก่อน +2

      In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

    • @Suleferdinand
      @Suleferdinand 7 หลายเดือนก่อน +1

      The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

    • @nicolasbenson009
      @nicolasbenson009 7 หลายเดือนก่อน +1

      It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @CraigLloyd-fz6ns
      @CraigLloyd-fz6ns 7 หลายเดือนก่อน +1

      Please can you leave the info of your investment advisor here? I’m in dire need for one

    • @nicolasbenson009
      @nicolasbenson009 7 หลายเดือนก่อน +1

      Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Margaret Johnson Arndt for the last five years or so, and her returns have been pretty much amazing.

  • @brucevann7129
    @brucevann7129 7 หลายเดือนก่อน +88

    Worst part is his lack of concern for small banks. There’s already too much concentration in the banking industry to start with. We don’t need small banks going away only to make larger banks even larger.

    • @GaminHasard
      @GaminHasard 7 หลายเดือนก่อน +3

      Not so easy to start new banks.

    • @kokica007
      @kokica007 7 หลายเดือนก่อน +19

      Those banks should do business responsibly

    • @joefuentes2977
      @joefuentes2977 7 หลายเดือนก่อน +1

      We shouldn't have the fed in the first place, let alone rely on the head of it to save the world.

    • @getinthespace7715
      @getinthespace7715 7 หลายเดือนก่อน

      ​@@kokica007 only the big banks and banks holding lots of Chinese depositors money get bailed out.
      The big banks are essentially criminal organizations at this point. It's insane.

    • @some_dude_on_the_internet
      @some_dude_on_the_internet 7 หลายเดือนก่อน

      Spoilers CBDCs are the endgame. Complete centralized control of digital money at a handful of banks or direct accounts at a single entity. Opt out, Research Bitcoin.

  • @nathankurz
    @nathankurz 7 หลายเดือนก่อน +62

    I’m in CRE. These are the hard questions I wanted to hear

    • @matthewsemenuk7544
      @matthewsemenuk7544 7 หลายเดือนก่อน +9

      Yesterday was a freakin' joke. How and why did those people even ask Powell questions?! I bet many of those people have no idea about the difference between "deflation" and "disinflation". Powell isn't a psychologist for those people to cry to. Many of those statements / questions had much more to do with government policies and nothing to do with the fed reserve.

    • @Kelly_kit16
      @Kelly_kit16 7 หลายเดือนก่อน +14

      He straight up says CRE landlords are screwed in the near future.

    • @MidRiseLiving
      @MidRiseLiving 7 หลายเดือนก่อน

      @@matthewsemenuk7544agreed. It’s so interesting they try to compensate for so much money printing on one end while thinking the interest rate along can control inflation

    • @peterbedford2610
      @peterbedford2610 7 หลายเดือนก่อน +3

      Im wondering if he's considering the huge tax revenue loss that is going to coincide with the CRE deflation?.

    • @aboucher2110
      @aboucher2110 7 หลายเดือนก่อน +1

      You a CRE lender?

  • @RecessionVanLife
    @RecessionVanLife 7 หลายเดือนก่อน +5

    She’s right. Was recently working in commercial real estate before layoffs began and yes, it’s so dead, no one wants to buy or sell office space at these interest rates. A lot of private equity backed deals are bleeding money month over month from low occupancy in office and retail.

  • @SBFRuggedYou
    @SBFRuggedYou 7 หลายเดือนก่อน +44

    Bailouts... Bailouts everywhere!!! MONEY PRINTER GO BRRRRRRRR!!! 😂😂😂

    • @DaveEPie
      @DaveEPie 7 หลายเดือนก่อน +4

      It’s all they know 😬

    • @lostininnerspace8687
      @lostininnerspace8687 7 หลายเดือนก่อน +6

      💯
      Bye bye to more of our purchasing power. Hello to the massive ghost tax. Such a scam system.

    • @leongregory8428
      @leongregory8428 7 หลายเดือนก่อน +6

      Bitcoin solves this

    • @robertburton8055
      @robertburton8055 7 หลายเดือนก่อน

      @@leongregory8428 😂😂 no it doesn’t. You have to pay taxes on anything you sell or purchase of any real value (cars real estate stocks) taxes MUST be paid in government currency to whichever government they are purchased in.
      Crypto literally does NOTHING because it always has to be converted back to base currency.

    • @chingron
      @chingron 7 หลายเดือนก่อน

      @@leongregory8428Yup. I love money printing. Just makes my bitcoin go higher. And the great news is that they won’t stop printing money until the dollar is dead.

  • @JJ-ix4zr
    @JJ-ix4zr 7 หลายเดือนก่อน +9

    Fiat money sucks . They gave it away in the pandemic like Venezuela now we are paying the over prices of everything .

    • @JJ-ix4zr
      @JJ-ix4zr 7 หลายเดือนก่อน

      Bitcoin is the way to go.

  • @geoffmead4581
    @geoffmead4581 7 หลายเดือนก่อน +28

    The best move the federal reserve can make, at any time, is to shut down their entire operation.

    • @acornsucks2111
      @acornsucks2111 7 หลายเดือนก่อน +2

      raise rates first.

    • @tex346
      @tex346 7 หลายเดือนก่อน +4

      Nothing federal at all about them.

    • @CarlosG2288
      @CarlosG2288 7 หลายเดือนก่อน

      Highly doubt it’s the “best”

  • @Alex777-m2m
    @Alex777-m2m 7 หลายเดือนก่อน +17

    He said not the big banks only medium and small banks . She should of ask him how many big banks do we have ?

    • @MK-xn6qx
      @MK-xn6qx 7 หลายเดือนก่อน +4

      You can easily count on your fingers. BOFA, CHASE, CITI, WELLS FARGO. These go down the whole world economy goes down. I.E those who have money invested in stocks or 401K or savings etc. Mainly investors will go down hence all companies cus of the loans they took. so the jobs too..

    • @josephroberts7374
      @josephroberts7374 7 หลายเดือนก่อน

      @@MK-xn6qx USB as well. Those are the top 5 "Big Banks". They will only benefit from the failure of the smaller ones, taking them over, and getting bigger and better.

    • @dxd42
      @dxd42 7 หลายเดือนก่อน +2

      ​@@MK-xn6qxThis is why the BRICS are diversifying from this scam called US bank system 😂

  • @NutriNerdy
    @NutriNerdy 7 หลายเดือนก่อน +11

    This is a power move by the central banks to acquire all of the assets from the smaller banks for cheap.. We are moving to a much more centralized banking system VERY rapidly

  • @freedomw21
    @freedomw21 7 หลายเดือนก่อน +22

    So he is acknowledging that we have a banking issue on the rise. WHO ARE THE BANKS????

    • @drinkingpoolwater
      @drinkingpoolwater 7 หลายเดือนก่อน +6

      they'll never tell you.

    • @incipidsigninsetup
      @incipidsigninsetup 7 หลายเดือนก่อน +13

      The banks with a high volume of commercial real-estate on their balance sheets. They have to disclose publicly so you can likely find thus information yourself.

    • @Bradimoose
      @Bradimoose 7 หลายเดือนก่อน +5

      You'll find out when the CEO dumps his stock right before the collapse

    • @incipidsigninsetup
      @incipidsigninsetup 7 หลายเดือนก่อน +7

      Just get out of investing in the banks in the first place. There are too many other places in the market with better returns and more manageable risk.

    • @Cos_Why_Not
      @Cos_Why_Not 7 หลายเดือนก่อน +2

      Go read bank balance sheets if you wanna find out

  • @Michelleyoung-dq3zc
    @Michelleyoung-dq3zc 7 หลายเดือนก่อน +15

    I will forever appreciate this channel, you’ve helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us,
    I now earn every week. You’re such a blessing to this generation, we all love you

    • @henrymark1379
      @henrymark1379 7 หลายเดือนก่อน

      I will love to be your friend dear as well as sharing some i dears which you're benefiting.

    • @Michelleyoung-dq3zc
      @Michelleyoung-dq3zc 7 หลายเดือนก่อน

      Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
      Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.

    • @Patrickleo354
      @Patrickleo354 7 หลายเดือนก่อน

      Hey how good are your earnings I will like to get some insights into trading thank you.

    • @Michelleyoung-dq3zc
      @Michelleyoung-dq3zc 7 หลายเดือนก่อน

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    • @Michaellfred
      @Michaellfred 7 หลายเดือนก่อน

      I can relate to all you said becaus am facing similar thing right now.
      Congratulations I wish you more success.

  • @aerotus888
    @aerotus888 7 หลายเดือนก่อน +8

    He's anything but Honourable!

    • @luiul1
      @luiul1 7 หลายเดือนก่อน

      understatement of the thread.

    • @TurreTuntematon
      @TurreTuntematon 7 หลายเดือนก่อน +1

      I’m sure you would do a better job 😂

  • @momofighter3211
    @momofighter3211 7 หลายเดือนก่อน +52

    Retirement funds will be erased.

    • @vydg9400
      @vydg9400 7 หลายเดือนก่อน

      NO MORE SSI

    • @rajeke
      @rajeke 7 หลายเดือนก่อน +1

      DRS YOUR GOD DAMN SHARES AND HODL. Godspeed gents

    • @enthused7591
      @enthused7591 7 หลายเดือนก่อน +3

      Only if you're foolish enough to have your retirement invested into what is OBVIOUSLY the single largest asset bubble in world history. Stocks and real estate are mathematically 55-60% overvalued relative to the underlying economic fundamentals and most importantly, relative to the median income going into an environment of tripled unemployment.

    • @adamseidel9780
      @adamseidel9780 7 หลายเดือนก่อน

      Unless there is broader market contagion that leads to a temporary decline in broader asset prices, this will have very little impact on the vast majority of retirement accounts.

  • @jasonperkins345
    @jasonperkins345 7 หลายเดือนก่อน +7

    “We have kept ahead of it.” He means he fired the taxpayer money house to bailout billionaires and Chinese depositors in Silicon Valley Bank. Let’s see if they show up when banks fail impacting small business and lower net worth individuals. I don’t see it happening.

  • @Zt3v3
    @Zt3v3 7 หลายเดือนก่อน +21

    Is this a rerun? I think I've seen this one before. ;-)

  • @ace9840
    @ace9840 7 หลายเดือนก่อน +1

    Been sure of that since 2008. And they even been failing ever since. And the banks that have failed since 2023 have far exceeded 2008's baking crisis.

  • @christophe2496
    @christophe2496 7 หลายเดือนก่อน +9

    He will keep high interest rates until everything crashes... He won't reduce them before.
    Like in 2008...

    • @xXdnerstxleXx
      @xXdnerstxleXx 7 หลายเดือนก่อน +1

      He can‘t change them. Only overnight rates of banks with the fed. Market dictates

    • @nesq4104
      @nesq4104 7 หลายเดือนก่อน

      Hopefully it goes up. I need cheap property

  • @JWnFlorida
    @JWnFlorida 7 หลายเดือนก่อน +2

    Thank god JP Morgan is opening 2000 new branches 🤣😂😂😭😂😂😂

  • @GigaMoonBoy
    @GigaMoonBoy 7 หลายเดือนก่อน +6

    Working from home. Oh and you can’t have a store anymore without everything being stolen. Wait.. there is a commercial real estate collapse. How did that happen??! Hmmm geesh

  • @JohnReynolds-ni5lv
    @JohnReynolds-ni5lv 7 หลายเดือนก่อน +8

    Good hearings. The $64000 question is this:
    We are on a trajectory in which interest debt service on our public debt WILL become unmanageable. What will be the outcome?
    We are seeing the Fed have more difficulty in selling our debt at the auctions.
    I think there’s a gross understanding as to the negative ramifications of this.
    This is how economies collapse.

    • @davidferrara
      @davidferrara 7 หลายเดือนก่อน +3

      Misunderstanding😀

    • @chingron
      @chingron 7 หลายเดือนก่อน +1

      Buy bitcoin. Problem solved.

    • @Playboysmurf1
      @Playboysmurf1 7 หลายเดือนก่อน

      ​@chingron the government will come after that.

    • @chingron
      @chingron 7 หลายเดือนก่อน

      @@Playboysmurf1 They can try. And they will fail.
      As long as they keep printing money, bitcoin will continue to skyrocket. And guess what? They will never stop printing money. In fact… it’s the exact opposite. We are now in an unstoppable debt spiral which requires a faster and faster rate of money printing to stay afloat.
      And bitcoins existence itself is going to compound the problem even more. As more and more people realize they can escape inflation by just buying bitcoin, people, corporations, and even governments will start offloading more of their dollars and treasuries for bitcoin. This will weaken the dollar more which will require more money printing so retirees in Ukraine have enough to buy food.
      I give the dollar less than 10 years before it is finally laid to rest.

  • @adosmusichalloffame
    @adosmusichalloffame 7 หลายเดือนก่อน +1

    Downtown Dallas, Texas is EMPTY!!! There's definitely something wrong.

    • @eclass96
      @eclass96 7 หลายเดือนก่อน

      👍

  • @hard107
    @hard107 7 หลายเดือนก่อน +9

    Yeah Jerome has been working with me on my foot as well. He is like "do you have a foot? How is your foot? "

  • @timjohnshort
    @timjohnshort 5 หลายเดือนก่อน +1

    All of his ‘’good work’’!?! Really??

  • @innaromero2945
    @innaromero2945 7 หลายเดือนก่อน

    So if Powell is acknowledging bank failures, and we have a capital/liquidity issue, where are the residential buyers supposed to get their home loans from? Biden just announced at the SOTUA that he's got some credit and first time home buyer programs rolling out.. how will they pull that off??

  • @ebrisu
    @ebrisu 7 หลายเดือนก่อน +3

    Once small and midsize banks start to collapse, mortgages may also get called as larger banks start cannibalizing smaller ones. Say hello to foreclosures when banks ask for their money back.

    • @jeffsoper8340
      @jeffsoper8340 7 หลายเดือนก่อน

      Especially the low interest rate homes

    • @ebrisu
      @ebrisu 7 หลายเดือนก่อน

      @@mp2753 the rules for being able to change the terms can be very petty such as one late payment on a 30 year mortgage. There’s always a clause that banks can use to get their money back. Have you read each page on your agreement before signing?

    • @ytguy726
      @ytguy726 7 หลายเดือนก่อน

      @@mp2753 if you read a typical mortgage agreement, there's the fine print where it says the bank reserves the right to call in the loan at any time

  • @dominiccastro6483
    @dominiccastro6483 7 หลายเดือนก่อน +1

    Just some bank failures no big deal. They say it so casually as if everything is fine. FJB

  • @RecessionVanLife
    @RecessionVanLife 7 หลายเดือนก่อน

    Discount window will cease making new loans after March 11, 2024. They are just running off the balance after that. Per press release Board of Governors of the Federal Reserve System from January 24, 2024

  • @muminiasty
    @muminiasty 7 หลายเดือนก่อน

    Some truth said here, there will be failures and it will take years to work on figuring stuff out.

  • @navisoul-oi8mo
    @navisoul-oi8mo 7 หลายเดือนก่อน +11

    The cartel discussing how to keep their wealth.

    • @Daniyoyo
      @Daniyoyo 7 หลายเดือนก่อน

      Something for you to watch so you can keep yours

  • @mvcharisma
    @mvcharisma 7 หลายเดือนก่อน +1

    Sounds like more consolidation for big banks to swallow up the small ones 🙄

  • @matthewsemenuk7544
    @matthewsemenuk7544 7 หลายเดือนก่อน +2

    It's 2024! Get a fast, safe and cheap way for the central banks and banks exchange funds back and forth. (discount window) Or are too many bank assets highly over valued to their real market value? Hope funds aren't tied up into MBS, in commercial real estate this time.

  • @joelsnyder8177
    @joelsnyder8177 7 หลายเดือนก่อน +1

    Does 2 or 3 medium banks equal one big bank or does the big bank lend money to the small banks ?

    • @nesq4104
      @nesq4104 7 หลายเดือนก่อน

      Check the assets. That's your answer

  • @christopherpareja8630
    @christopherpareja8630 7 หลายเดือนก่อน +1

    Jerome is failing to point out that the problems with NYCB aren't in CRE but in multifamily loans with rent controlled units. Ordinary debt is going south not just CRE

  • @christopherpareja8630
    @christopherpareja8630 7 หลายเดือนก่อน +1

    Also the big banks comment. Bank of America and Wells Fargo have big residential loan risk

    • @yldrmcs
      @yldrmcs 7 หลายเดือนก่อน +1

      yeah but nothing will happen to them, these banks are so big to fail

  • @StuffBreaks
    @StuffBreaks 2 หลายเดือนก่อน

    Everyone does realize that these commercial properties aren't salable right?

  • @Priust189
    @Priust189 7 หลายเดือนก่อน

    Any mention of crime rates in the cities causing real estate to go down

  • @nathanpen
    @nathanpen 7 หลายเดือนก่อน +14

    LEARN ABOUT BITCOIN
    Before its too late

    • @davidtunstall6454
      @davidtunstall6454 7 หลายเดือนก่อน

      Bitcoin won't be safe from a crash in the stockmarket, if anything as it is volatile it will magnify your losses to the downside.
      BTC is a great buy when Nasdaq is breaking out like in October, but a bad hold like when the Nasdaq crashed end of 2021.

    • @nathanpen
      @nathanpen 7 หลายเดือนก่อน

      @@davidtunstall6454 over the last 10 years it has vastly outperformed every other asset. Im the short term anything is volatile

    • @davidmella1174
      @davidmella1174 7 หลายเดือนก่อน

      @@davidtunstall6454 yeah you're right, especially with all of the institutional money that has been pouring in

  • @enthused7591
    @enthused7591 7 หลายเดือนก่อน

    "We're working with them and we're getting through it" is so wildly concerning. He's bailing out banks in real time that own tens of billions of dollars in commercial real estate, while that real estate is falling 80-90% in value, single family homes are 43% more expensive relative to the median income than PEAK 2007 bubble while everyone's cost of living is up 50+% simultaneously for the first time ever in US history on TOP of a PEAK 10-year economic cycle from February 2020. This is the single largest asset bubble in the history of the world and the middle class has never been even 75% this over-extended and indebted. Not before the great depression and not before the great financial crisis. Mathematically, in order for the median earner in the US to be even as well off as they were in 2019, the median income would need to rise roughly $30,000 in a span of the next 6 months, which is completely impossible.

  • @Umustbecrazy
    @Umustbecrazy 7 หลายเดือนก่อน

    Hey Moran, listen what city do u live in ,u need to bring this rate down below 3 percent for 5 years minimum before we go belly up ,

  • @professorbland
    @professorbland 7 หลายเดือนก่อน

    there is no reason to have bank failures if our regulatory enforcement would actually make them follow the rules and give prison time for failure to do so .

  • @trenton1190
    @trenton1190 7 หลายเดือนก่อน +2

    Bitcoin requires none of these meetings.

  • @cheersmodreams691
    @cheersmodreams691 7 หลายเดือนก่อน

    Keep an eye on NYCB and their efforts to solve their commercial loan problems. A $1 billion injection, an asset sale plan and a governance overhaul. Will it be enough?

  • @ChristTheLover
    @ChristTheLover 4 หลายเดือนก่อน

    Woman: "Thank you for your great work "
    Man: "Banks are going to fail "

  • @CrossingRubico
    @CrossingRubico 7 หลายเดือนก่อน +1

    Bank failures are innevitable!

    • @Ritez
      @Ritez 7 หลายเดือนก่อน

      ...as long as the interest rates remain high.

  • @salamonshevda5239
    @salamonshevda5239 7 หลายเดือนก่อน +3

    what is bad when house prices goes down ? :)

    • @KenjiEspresso
      @KenjiEspresso 7 หลายเดือนก่อน

      You get Oprah housing effects 😂

  • @themostlegendaryman007
    @themostlegendaryman007 7 หลายเดือนก่อน +1

    Yes yes don't let the big guys fall! Ohh young people cant afford a basic living let just make homelessness illegal.

  • @FriedLexman
    @FriedLexman 7 หลายเดือนก่อน

    bottom line, do not bail out banks for giving out commercial loans. they assumed the risk. Everyone saw wfh coming a mile away and it's time to get with the times. invest in housing for the actual depositors who bank and these small to mid size banks. allow capital to finally move where the people are instead of concentrating in these old, worn out industrial centers.

  • @brycejohansen7114
    @brycejohansen7114 7 หลายเดือนก่อน +1

    This is the growing pains of having online shopping, physical store fronts with the exception of food stores are going to become fewer and fewer.

  • @Zegeebwah
    @Zegeebwah 7 หลายเดือนก่อน +4

    Save every single penny you can to weather the coming storm

  • @AngryTango
    @AngryTango 7 หลายเดือนก่อน

    Why is Powell the chair of the Fed? He’s the most reckless decision maker ever

  • @NOKI-VSEOCENIM
    @NOKI-VSEOCENIM 7 หลายเดือนก่อน +9

    Powell will do the same mistake, like others in 1920s. Its the Human Nature :)

    • @PalesteinVictims
      @PalesteinVictims 7 หลายเดือนก่อน

      It's the pattern to keep down the masses on purpose

  • @getinthespace7715
    @getinthespace7715 7 หลายเดือนก่อน +1

    There is a 100% certainty there will be multiple bank failures over the next couple years hopefully it's not as bad as it looks like it will be.

    • @chingron
      @chingron 7 หลายเดือนก่อน +2

      As a bitcoin holder… I am just sitting here with my bucket of popcorn and enjoying the show.
      Enjoy your inflation… suckers…

    • @getinthespace7715
      @getinthespace7715 7 หลายเดือนก่อน +1

      @chingron , yeah. I wish I would have dumped a grand in bitcoin back in 2011 when I started following it. 🤣😂 Where is a time machine when you need one.

    • @chingron
      @chingron 7 หลายเดือนก่อน

      @@getinthespace7715 I didn’t start until 2016… and I can tell you now it isn’t too late. As long as the government keeps printing money, the price of bitcoin will keep going up…until the dollar is dead. And that is exactly where we are headed. I give it less than 10 years at the current rate. When things unravel, they unravel quickly. Just ask the USSR.

    • @davidmella1174
      @davidmella1174 7 หลายเดือนก่อน

      @@chingron I am glad people mention this. If it wasn't for the 2008 financial crisis, I doubt bitcoin would've been invented. Bank failures and bad monetary policy are inevitable, but its now possible to have complete self custody of your funds in a trustless way.

  • @YesCivic-R
    @YesCivic-R 7 หลายเดือนก่อน

    When banks failure, FDIC pick up the tab with tax payer revenue. When they make money, they profit for themselves. The side effect of chemotherapy, rising Fed Fund Rate for extensive period. Even patient, has a brief period of chemotherapy.

  • @Wildboy789789
    @Wildboy789789 7 หลายเดือนก่อน +3

    Powell is missing a big issue... after punishing banks and reits for their loans this hard, people will not borrow again at least for a decade... so when we slow the economy, buisnessess will be too scared to invest, he is basically garunteeing a recession or depression

  • @meleeuploads2063
    @meleeuploads2063 7 หลายเดือนก่อน

    I think a perfect indication or benchmarker for commercial real estate failing was the fall of SVB and First Republic Bank. Since the pandemic started also rents started decreasing and they never rose back up. That’s why there is a problem. There is not enough income to cover operating expenses for most new developments and when there is a mortgage on the property. Only older owned developed property stay strong because of legacy leases, no mortgage, and the amount of income versus operating expenses

  • @maxwellzanarotti7884
    @maxwellzanarotti7884 7 หลายเดือนก่อน

    Any bank that goes to the discount window is bust. No one will have faith in that bank ever again. Market knows that

  • @paulmarino8810
    @paulmarino8810 7 หลายเดือนก่อน +3

    Because his goal is to make sure there are bank failures.

  • @libertycoffeehouse3944
    @libertycoffeehouse3944 7 หลายเดือนก่อน

    I thought a command economy was what they had in the middle ages? Maybe a decentralized economy would be more modern!!!

  • @jPnAFnAF305
    @jPnAFnAF305 7 หลายเดือนก่อน +1

    He is lying right through his teeth.

    • @ace9840
      @ace9840 7 หลายเดือนก่อน

      They have been for decades.

  • @y4550
    @y4550 7 หลายเดือนก่อน

    This video has a clickbait title. The actual quote is:
    "This is a problem that we'll be working on for years more, I'm sure. There will be bank failure but this is not the big banks."

  • @deandre22
    @deandre22 7 หลายเดือนก่อน

    If people and banks are going broke, who benefits from this?

    • @duckweathermcoc8731
      @duckweathermcoc8731 7 หลายเดือนก่อน +1

      Probably the rich assholes who pump up
      Prices, and then cash out with billions, while everyone else loses everything

  • @KenjiEspresso
    @KenjiEspresso 7 หลายเดือนก่อน +8

    The Government in a nutshell 😂

  • @mikefrost5786
    @mikefrost5786 7 หลายเดือนก่อน

    Do you have your arms around them.... don't worry...we got printers and we will huggy wuggy you

  • @Samurai_of_95
    @Samurai_of_95 7 หลายเดือนก่อน +2

    i just need to know what banks bc im doing leaps

    • @osvaldo37374
      @osvaldo37374 7 หลายเดือนก่อน

      Calls or puts?

  • @danielking104
    @danielking104 7 หลายเดือนก่อน

    if you know it will crash you want to pump it up as long as you can. So the lost will not be too low.

  • @nomadzoom9260
    @nomadzoom9260 7 หลายเดือนก่อน +1

    How TF is it always the damn banks that make such bad investment decisions , which results in screwing over us investors.. they never learn , yet customers always feel the pain.

    • @JG_Media
      @JG_Media 7 หลายเดือนก่อน

      greed, a human trait that repeats itself.

    • @InstigatingInsulator
      @InstigatingInsulator 7 หลายเดือนก่อน

      Yeah that’s the problem with paying a guy to hold your money and use it to make them money

    • @mattsautorepair484
      @mattsautorepair484 7 หลายเดือนก่อน

      It's setup that way because that's how the profits are made, debt economy incentivizes bad decisions

  • @rozezard862
    @rozezard862 7 หลายเดือนก่อน

    Powell: do you have capital?
    Bank: no
    Powell: easy! We’ll print it out for you, don’t worry!!

  • @robertm8380
    @robertm8380 7 หลายเดือนก่อน

    Banks give you 1% interest online banks give you 4-5% interest. That's why they are loosing customers

  • @thomaspansing4323
    @thomaspansing4323 7 หลายเดือนก่อน +2

    modernize the discount window = digital money?

  • @dariusgill3523
    @dariusgill3523 7 หลายเดือนก่อน

    Yet all the markets hear are close to being confident in inflation. I thought I was the only one who heard him say this.

  • @3louminati
    @3louminati 7 หลายเดือนก่อน +2

    But I thought Biden said the economy has never been better? 🤷‍♂️

    • @johndoe-mm3jk
      @johndoe-mm3jk 7 หลายเดือนก่อน +1

      Last idiot said that to this isn't even remotely new its been going on since atleast 08 with each administration just printing more money and looking the other way, wait till you figure out what conald did to the reserve requirements for banks or what Bama did for bank bailouts 😂😂😂😂

    • @3louminati
      @3louminati 7 หลายเดือนก่อน

      @@Ritez and Jerome Powell literally said the day before that “banks will fail.” Same administration and a completely different message.

  • @arnoldfarias5101
    @arnoldfarias5101 7 หลายเดือนก่อน +2

    I am sure, there will be bank failures.

  • @BiggShaad206
    @BiggShaad206 7 หลายเดือนก่อน

    How do you make money with this information?

  • @Yotaciv
    @Yotaciv 7 หลายเดือนก่อน +1

    Christ have mercy on borrowers.

  • @Thisishard2333
    @Thisishard2333 7 หลายเดือนก่อน +1

    Going according to plan.

  • @therealcnn5346
    @therealcnn5346 7 หลายเดือนก่อน

    All you Gotta do is consolidate them into the big banks that’s what happens when you have horrible fiscal policy

  • @DanielleMoore-vg4lh
    @DanielleMoore-vg4lh 7 หลายเดือนก่อน +6

    I guess my personal rule of never investing in banks is being validated.

    • @BanksOwnUs
      @BanksOwnUs 7 หลายเดือนก่อน

      I have the same rule, I have always considerd banks to be toxic.

    • @Alpharizzchad
      @Alpharizzchad 7 หลายเดือนก่อน

      Big Banks always Win. Always

    • @chingron
      @chingron 7 หลายเดือนก่อน

      @@AlpharizzchadNa… bitcoin will put them out of business over the next 10 years.

  • @StevenPeronni
    @StevenPeronni 7 หลายเดือนก่อน

    End the Federal Reserve

  • @mindforgecollective
    @mindforgecollective 7 หลายเดือนก่อน

    They know those banks are going to fail and they know larger banks are going to gobble them up, it's part of the plan.

  • @justgeneric2876
    @justgeneric2876 7 หลายเดือนก่อน

    Man was about to say this was an issue for ‘Re..[gional] banks’

  • @Freeflorida123
    @Freeflorida123 7 หลายเดือนก่อน

    Typical for this administration Let’s go Brandon

  • @acornsucks2111
    @acornsucks2111 7 หลายเดือนก่อน

    Hey Cortez, are you are concerned about inflation? or just reading a prepared question that you likely didn't write?

  • @davidtunstall6454
    @davidtunstall6454 7 หลายเดือนก่อน

    This is actually terrifying

  • @durian5233
    @durian5233 7 หลายเดือนก่อน

    In the paper money economy, it is all about confidence, so banks should not fail regardless of size.

  • @huntncover
    @huntncover 7 หลายเดือนก่อน

    2.67 million subscribers , 57 comments = Alfred E. Neumann - What , me worry ?

  • @freemazon1
    @freemazon1 7 หลายเดือนก่อน +2

    BOOM💣💣💣 Do you still think your fiat notes are safe in a bank? 🤔 Everybody told me cashing out my 401k and purchasing a lot of Gold Silver and Land was an over reach in the beginning of 2020. 😜🤣💰 Start an LLC and deed it over to a Living Trust...#GOTTOHAVEAGAMEPLAN#

    • @PAIDFOR50
      @PAIDFOR50 7 หลายเดือนก่อน

      You missed out on making ALOT of money in the market the past 4 years. Market in 2020 was at 28,000 now it 38,000. Hope you like the gold!

    • @freemazon1
      @freemazon1 7 หลายเดือนก่อน +2

      About to start grading my land for an Assisted Living Residency. 100k a month for the rest of my 2 sons life! Generational wealth. Precious metals are only a hedge against inflation. Hopefully you can provide that for your family. God Bless..

  • @grandmiserthe3rd434
    @grandmiserthe3rd434 7 หลายเดือนก่อน +2

    ........Communism can be expensive Ms Cortez .....!!!

    • @ogasdiaz
      @ogasdiaz 7 หลายเดือนก่อน

      Says the capitalist country losing the battle against the country being run by the China Communist Party

  • @stickb.r.5023
    @stickb.r.5023 7 หลายเดือนก่อน +2

    something something something...buy BTC and silver.

    • @gilagandus
      @gilagandus 7 หลายเดือนก่อน +1

      gold?

    • @stickb.r.5023
      @stickb.r.5023 7 หลายเดือนก่อน +1

      @gilagandus Gold is fine too, but silver and BTC have more potential upside gains...then you lock some of those gains into gold later if you want

  • @nesdi6653
    @nesdi6653 7 หลายเดือนก่อน

    Yup my cashapp was closed for seemingly no reason

  • @Michael-gf1jn
    @Michael-gf1jn 7 หลายเดือนก่อน

    on friday evening... to be specific.

  • @bigbag4354
    @bigbag4354 7 หลายเดือนก่อน

    I waltz to the window, but which side?

  • @swincr
    @swincr 7 หลายเดือนก่อน

    However, the stock market is breaking records

  • @joshfoust4551
    @joshfoust4551 7 หลายเดือนก่อน

    Anyone else hear him almost say regional?

  • @joshh2924
    @joshh2924 7 หลายเดือนก่อน +2

    Have trump clean house these dudes don't want to work here.

    • @Redsiix
      @Redsiix 7 หลายเดือนก่อน

      He had his chance and the only thing he did was make his billionaire buddies richer. When he was in power was there any roll backs on gun laws. Did you see middle class Americans make more money? It was pretty deng stable and there was no roll back on gun laws. The man is self serving POS

  • @elpablitorodriguezharrera
    @elpablitorodriguezharrera 7 หลายเดือนก่อน

    "The Honorable"

  • @samd8016
    @samd8016 7 หลายเดือนก่อน +1

    You know this was a fairy tale. Right?? This is not a true story. I can’t believe people still believe in miracles.

    • @davidtunstall6454
      @davidtunstall6454 7 หลายเดือนก่อน

      The track record of the Fed ever creating a soft landing after cutting rates from higher than usual levels is not great. They have only pulled it off once since WWII 😂 Not holding my breath on this one