Global financial markets have been significantly impacted by SVB's demise, prompting investors to sell off bank equities hastily and reevaluate their interest rate expectations. I am a $350,000 investor who is at a crossroads and wondering if it is wise to hold onto securities that are losing value. I want guidance on the best approaches to maximizing my returns in this negative market.
It is unlikely that the market will experience big gains anytime soon in light of the latest developments involving SVB, therefore it is prudent to set reasonable expectations and get ready for a potentially protracted recovery period. It is advised to postpone making big investment decisions until the economic climate in areas of concern has stabilized. It is best to take precautions and stay out of the current disturbance.
During market downturns, investors should remain committed to reputable companies by maintaining or growing their investments, as well-managed businesses eventually regain their former strength. To find the best entry and exit points for long-term gains from stock appreciation, get advice from a financial expert. Gains from working with an investing advisor can be substantial, as was demonstrated during the pandemic when a gain of $530k in just 8 months was realized.
@@berkrix4312 My advisor is Christine Jane Mclean , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@HarrietBemish she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
The recent events with SVB make it unlikely for the market to make significant gains soon, so it's wise to manage expectations and prepare for a potentially long recovery period. It's recommended to avoid making significant investment decisions until the economic environment stabilizes in areas of concern. It's best to exercise caution and avoid engaging with the current turbulence.
Bad start to the year with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
@Craig Daniels Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@richardhudson1243 I have stayed away from all of the issues that the erratic market presents. Today, reading, research, patience, and seeking guidance when necessary are the greatest ways to break into the market. I merely copy Nicole Joi Anderson, a CFA, whose actions I witnessed on Bloomberg Business News because I am unable to handle my portfolio owing to the nature of my profession. Ever since, everything has been easy.I recommend researching her credentials further.
It's liberal media... democrats.... the gov is always right... the people must depend upon it. End of story to them. The gov is the ultimate control, ultimate power OVER YOU, so if there's ever a problem, is HAS TO be the people's fault. That's democrat 101.
We're watching the fleecing of the American people via the devaluation of the USD via inflationary money-printing. Bank 'rescues' are merely the easiest way for the government and Federal Reserve (international banking cartel) to: 1. Print/digitize TRILLIONS more dollars (promissory notes) out of thin air... devaluing everyone else's savings 2. Encourage banks to be even MORE careless in their fractional-reserve lending practices, leading to more defaults as there's no risk of going under. Isn't it great that the same 'too-big-to-fail' lie from 2008 STILL works 15 years later?
Confidence in the system??? I’m 31 and this is the 3rd financial crisis of my lifetime and I’m watching the wealthy elites/ corporations getting bailed out expense of the little guy AGAIN. How is that feeling in anyway reassuring?!
Well, democrats are in charge of the senate, house, whitehouse administration, presidency, all media, the narrative, etc... shocking that they haven't solved all the people's problems isn't it? LOL
@@ChrisWrightDVM Oh,, ya thank????? 🤣. How do you fix 4 years of stupid when you MAGAts were in charge? Dem’s did the best they could during the two years they claimed they had majority.. but you MAGAts did so much damage between ‘16 and ‘18 they couldn’t get to it all. Now all you guy’s can do is lie, have meetings and shade. Got to love how you fools are trying to reshape 1/6 insurrection. You keep up those lies MAGAt, then let us know when you want to be a real player in running the government.
Maybe the government should get out of the student loan business. Instead, the colleges can charge what they want because the government backs the loans.
I don't think it's insider trading to know the inner workings of the company you run. He would have known there was a possibility of a run, and gambled taking his money out. If a run hadn't of happened he probably would have deposited it straight back in. The morality of it however is wrong, that 3.6m could have gone to more needing customers.
Here Mr.Banker,,, would you hold my life savings,,?? I can trust you because you wear a suit and have a degree framed above your desk.. Ahhhh, very comforting!!!
Tbh, with the whole global crisis, I'm quite unsure about getting in the market. I had planned to earlier before retirement and the clocks ticking really fast. I don’t mind a passive return but has to be long term with a vision.
The issue is this! Individuals with little to no experience in the stock market commonly try to enter positions without professional advice. Prior to holding a $262k ptf with Yvonne Annette Lively, I remember relying on just technicals and what I felt. Trust me, last thing you’d wanna do is ignorantly lose capital.
Well if the media told the hard truth about the greed of banks, there would be a huge bank run. Our economy is too tied to the greedy practices of investment and commercial banks for the truth to be made known to the general public. And the fact is, most of the public don't want to know or would understand the behind the scene dealings of banks investing and borrowing for fast high risk returns. Most people think their money just sits in the bank waiting for them. They don't know about fractional reserve banking.
what excuse for example? Yes there had been other factors (like the management sold a lot of shares recently and this..., ...) but I havn t heard any excuse! They could also mention, it also fault of a trumpworld a world without guardrails 🙂
And just 4 days before this, Forbes twitted, that SVB is the most well situated bank in US. How can anyone believe the rankings or the credibilities of these companies.
Euphemisms, check out George Carlin's stand up about language. I was an Army recruiter 1988-1991 in the Chicago Battalion, one day we decide to jazz up the names for military MOS (Military Occupation Specialty). Infantry Opposing Forces Deposal Technician Artillery Long Range Urban Redevelopment Specialist Wish I could remember the rest, just an interesting way to make a job sound better than it was. I was a 16R (Short Range Gunnery Crewman) aka Vulcan Senior Gunner / Squad Leader. th-cam.com/video/YVt7dq-magE/w-d-xo.html&ab_channel=jaglavaksoldier
Let me tell you something dear The global crisis is already here. There is inflation. Electricity will be too expensive and unavailable. Food will be too expensive and unavailable. Assets, funds in banks will also collapse in the near future, as we cannot predict the future NEXT ACTION: Attack the healthcare system. Doctors are too expensive and not available. This is your LAST CHANCE to get ready and save what you have so you don't lose all your funds in the banking system because there are secrets that EVERYONE KNOWS! Save yourself from this collapse when help is not on the way! Protect your bank assets and funds with Iso xlm or xrp confidential coins on FChain network with Robust security. You understand?
A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
@@Americanpatriot723 These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
@@sommersalt88 i don't know much about the market, but based on what little knowledge I have of economic supply and demand, this is the best time to venture into the market, but the only thing holding me back is the constant fluctuations in prices, which it's not supposed to be a problem, but i really need guidance because i want to use this avenue of everything being on discount to build a portfolio that pays dividends and takes care of me in retirement.
@@sommersalt88 I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
I still blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust
The idea of financial adviser aid may seem controversial to some, but according to a recent Investopedia survey, demand for financial advisors has increased by over 41.8% since the pandemic, and based on personal experience, I can say with certainty that their skill sets are top-notch. From a sluggish $385K that lacked growth stocks, I raised almost $500k in 18 months.
@Rich Szabo Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Corinne Cecilia Heaney, I can say with certainty that their skills are excellent. She helped raise almost $500,000 in 18 months from an initially stagnant portfolio of $380,000.
@@BenjaminMcLeod815 Corinne really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
@@Emily-le2op -I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...
@@KingDavid-jj7tk I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??
@@geraldantonio3160 -Having an advisor is essential for portfolio diversification... My advisor is Stacie Kristal Weber who is easily searchable and has extensive knowledge of the financial markets...
As someone with actual insight into the issue, the regulators have been aware since midway through last year that liquidity issues were possible at institutions. The overwhelming majority of banks are not as heavily invested in the Treasury market, and the regulators have been watching to make sure smaller community banks are safe. SVB is isolated and likely changes are in the works to ensure that this doesn’t happen again.
No one in this video has a clue how banks operate. I guarantee you that you know more about finance than any of these sock puppets. I'm embarrassed for them.
Interest rates are just now normalizing. The bank making bad investment decisions should not justify going back to punishing the holders of cash accounts by paying no interest on cash which is really a tax on savers.
@tixximmi1 the average blue collar factory worker who has a 401k will be the loosers,not the powerful.People who barely get by to contribute each month hoping to be able to retire at 65 with a little...those will be the loosers..be ready to see alot of medicaid users in future...that once thought they were doing all they could to be self sufficient..
This happened because, "interests rates rose so dramatically, and something was going to break." Interest rates rose dramatically in the early Eighties (also due to the Fed), but I don't remember banks failing back then.
Argh!!! I’m a regular person and I’m upset by this bailout. What’s the point of raising interest rates if they start printing money again? Doesn’t that defeat the purpose???
Printing more money just raises inflation, between Biden and Trump, to a bigger degree Trump has just printed tons of money thinking it will save us... perhaps short term it does, but long term it kills the economy. The interest rates being raised is necessary to curb inflation, which I might add was on a downward trend for 9 months in a row until last month... to me this is just another example of a FEW rich people trying to save their own asses... this goes along with anyone who attains power is afraid to relinquish any of it because they are afraid they will be more like the normal people out there.
@@user-jkrcyxf You mean the utter incompetence of Bank leaders buying 10 and 20 year bonds, regardless of the issuer, to back up assets that their depositors can take out tomorrow. I'm sure those Bonds will get paid off, but if you invest in long term bonds to pay back here today gone tomorrow money, you are an incompetent hack. Although I'm sure investing in long term bonds helped goose his stock market options.
The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy
That's correct the right choice of investment has always been a big problem for me because picking up the wrong investment will possibly leave a big scar in the future...Have you made any profit whatsoever working with this pro ?
@@joebidenisyourpresidentget2481 I guess you have to wake up. Gold is real - paper is a promissory note to pay a debt in the future, with interest. Gold is not going up in value (never did), it's the dollar going down in value that makes it look like it's going up.
I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. 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. Does anyone know how I could go about it?
@@shawcohbam You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
@@andreasleonard0 interesting! I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high
@@Emmacurtis It would be a very innovative suggestion to look out for Financial Advisors like ISABEL LINDA DUERi who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be very important to weather the storm
@@andreasleonard0 Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.
Just like our elected officials take advantage of inside info to buy and sell stock. When will Americans quit being delusional and understand their government is corrupt and not looking out for American's best interests!
@@ChrisWrightDVM you clowns are so blinded by right wing media that you don’t remember it was Trump that cut these regulations. Not to mention how these are all the same people. Just rich vs poor. The 1% vs the working class.
One mistake Matt. The First Partner of SVB was Governor Newsom's WIFE. So add one Con woman to your list. Oh and ties to the CCP too. Is Biden hiding anything?
The money was placed in a Ultra safe treasury and when the interest rates were plunging. They sold the bonds at a lower price. Before the bank collapsed, most knew about it and withdrew their money.
Let's not forget that these problems would have been caught if the banks had been operating under the previous regulations. However, all banking regulations were removed under the previous administration.
We're watching the fleecing of the American people via the devaluation of the USD via inflationary money-printing. Bank 'rescues' are merely the easiest way for the government and Federal Reserve (international banking cartel) to: 1. Print/digitize TRILLIONS more dollars (promissory notes) out of thin air... devaluing everyone else's savings 2. Encourage banks to be even MORE careless in their fractional-reserve lending practices, leading to more defaults as there's no risk of going under. Isn't it great that the same 'too-big-to-fail' lie from 2008 STILL works 15 years later?
Democrats... literally have HAD (past tense) CONTROL of absolutely EVERYTHING. EVERYTHING. All media, all narratives, entire Whitehouse administration, the Senate, the House, etc....etc... they have controlled EVERYTHING, FOR YEARS. But it's Trump's fault for the train in OH and the bank in CA???? LOL... if something was such a "dire problem", this administration could have fixed it day #1. But no.....too busy "being progressive". You lose the argument of blaming the last guy when you control all 3 branches and literally everything. Instead of hiring SMART AND QUALIFIED people for jobs... who KNOW WHAT THEY'RE DOING and could change/prevent problems... you all chose to hire people based on sex, skin color, being a trans mutant, or the 1st transportation secretary who doesn't know which direction stool should be pushed. Well done!!!
Glossed over the whole other set of "investments" the bank had a hold of that were insanely over valued. Also the tiny little detail of Peter Thiel's involvement telling all his minions to go withdraw all of their money thus setting off the run. So the guy that got rich off of the free money machine now directly plays a role in putting a bunch of companies over the edge...no way he and others end up picking them up for almost nothing, and also now can pay employees even less with even more unemployed in the tech sector after this thing gets down with the dominoes now set in motion.
So this is 2008 all over again... if 128 billon dollars were deposited at the beginning and then when people wanted to withdraw 42 billion, suddenly the bank couldn't handle it and needs the fed to help them? What? What happened to the rest of the money that was deposited from the start?!
I think alot of the money gets reinvested and loaned out to others. It's there but has to be sort of liquidated in a sense..back into cash that can be transferred or withdrawn.
When you deposit money into a bank they pay you interest, this is generated by investing your money which is how banks turn a profit. If they didn't do this, they would need to charge you a fee for holding a bank account. Treasury bonds are meant to be the safest investment banks can make as they're so liquid and stable. The proboem comes when the fed raises interest rates so quickly that your 10 year bond paying 1.56% APR is now in an environment where the base rate is 4.75% as for every year the bank holds them they're losing money.
Because it had nothing to do with this. This could have been caught with existing laws. Trump did predict this would happen, two years ago. Oh, and the First Partner with SVB is Gov Newsom's wife. She's the main woman there.
The worst part of this nonsense back system is that all banks are at risk of going through the same, if everybody panicked and rushed to get their money out of their banks I bet roughly half will be able to do it. This is a wreck waiting to happen.
48 hours? No. This has been build up since orangeman so proudly eliminated bothersome bank regulations. Anyone who lost money at SVB had YEARS to scrape their crumbs together and escape with unimaginable wealth. I did.
There is a video where trump annonces the end of obligations by the banks to have the stress regulations. So thank him and the financial powers behind.
I know it's a complex topic but you should try to read and understand how Trump came to signing the bill. I know it's "popular" to condemn every action of Trump but if it was such a disastrous bill that passed congress, why didn't Biden undo it by executive order like so many other Trump policies?
The bank CEOs and also Peter Thiel should be investigated for insider trading, as they had info that led them to get out first- and that started the panic. Thiel actually told everyone in his fund to get out (after he already had).
They bank told on itself. They went out to try and fund raise cause they were losing a ton of money. It's like me trying to sale you a 2023 car for half price. You're gonna ask why so low right? People aren't stupid clearly something was wrong.
Love how the Rich always get bailed out & made whole, but the little ppl as individuals, always have a debate. Healthcare, student loans, housing, etc.
Right, piss poor management of the invested assets of the bank. Those investments, as she erroneously marketed as "super safe", obviously aren't due to being tied into interest rates. They should have been sold at a threshold level to remain solvent prior to the increase in interest rates past that level. There was a large company using that bank for payroll.
Treasuries have a market value & the market value of long term treasuries went down as interest rates went up. This meant the bank had high unrealized losses. They tried to correct that by selling some treasuries, but it spooked people, and a bank run started. They should’ve hedged their interest rate risk. Or had better risk management so they would’ve realized the risk of holding so many long term treasuries considering their client base.
@@damnjustassignmeone Yes, and this will affect the reputation of US Government Treasuries, increasing their yield rate. And then we have the annual debate in Congress over the budget and the US Debt Limit....
Why didn’t you mention businesses won’t be making payroll since their money is in bank and above $250K. Or, why Treasury no longer requires a reserve ratio. That should be part of this story.
Because the businesses are getting their money. They have access to it today. That's why the Feds stepped and took over. Even amounts over 250k. Insurance banks pay into will cover it. They no longer require that, because republicans don't like regulations.
The FDIC recently announced that it would be able to recover funds that surpass the $250K, so it's not part of the story. Also, I'm not sure that having a 10% reserve ratio would make a world of a difference here, though I could be wrong.
No disrespect, but can someone suggest at CNN for Don Lemon to stop abruptly interrupting Guests on the show during interviews. The other Interviewers on the Morning Show at least allow the guests to complete their sentences. Nice enthusiasm, but 'Slow your roll Don.' Let's hear what your expert Guests have to say regarding significant topics that impact many.
Wrong way risk. In an environment of interest rate hiking since 2022, SVB's treasury holdings have been dropped in value, investment losses have been piling up, and at the same time their key clients (startups, tech companies) have not doing well and start to withdraw monies. In simple terms, everything goes wrong as Fed is raising interests!
Well when you repeal the regulations that were put into place to prevent it then this is what you can expect to happen. It's not exactly rocket science.
6% inflation is preferable to major financial crisis. SVP collapsed due to Federal reserve interest rate increases that destroyed a prudent financial strategy OF PURCHASING AND HOLDING LONG TERM TREASURIES.
All started with lockdowns and massive amounts of money printed to pay for Democrat policy of keeping the economy locked down for way too long. The Fed had to raise rates to try get the inflation under control….heaven knows why the Bank leadership didn’t understand this, maybe too focused on Woke, virtue signaling crap than economics. The Silicon Valley folks voted for Biden and this policy…..You get what you vote for!!
I think banks are the worst thing you can become a customer of, instead join Credit Union! CU pool their money from a community, and able to provide better interest rates. At a Credit Union you are a member, not a customer.
You don't need a CU either. There's no reason for banks or CU's to exist any more. They just suck you dry and waste your time with their little schemes.
Please call it “Silicone Valley Bank,” and not SVB, because for people who don’t know much about economics or the American financial system, it sounds like you’re saying S&P, as in the S&P 500! Dont make it more confusing than it already IS!
Again people get their payroll payments because the bank, their workplace companies keep their funds in, didn't go belly up! People work for companies and those companies need a place to keep the funds, those funds which were there in svb accounts were saved. Not the stock holders or investors in The Bank.
That's how the Socialist Dems work. That's why we don't have a real economy. Failed companies that they keep floating destroy good sound business. If you are their buddy, they'll bail you out. If not, they let you die. It's a tit for tat system. Crony Capitalism. Same with Justice - jail your enemies and protect your friends that commit crimes.
"If confidence is lost, that can lead to this..." - The result of a bank run should be that customers get their deposits and then the bank is in trouble because they lost their play money. That never happens. What always happens is that the first to arrive at the bank get their money, most come too late and those are in trouble unless the state bails out the bank in which case the trouble gets socialized. Usually life does not favor those coming too late to the party. Then, depending on circumstances, one or two bankers go to prison for a year or two or five, and then they write a book about their exploits and become frequent guests in talk shows or senior financial experts at CNN or some other outlet. This is a valid career option. The owners of a failed bank will not have to adapt their life style to a 9-5 rhythm. They just lost some assets. For them, this is just a fluctuation in a graph in some excel sheet. You will not see a change of supply and demand on the yacht, fur, jewel or island market.
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Congratulations beautiful lady. You're really doing well for yourself, I'm at 55 and my financial life is in a mess. Any great tips would really go a long way in shaping my life. i want to buy my own house, that's really a big flex...
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Great work by the regulators I'm glad they are taken care of this now before it's to big to fail. This is what the regulators are supposed to do. SVB had bad practices bad business and they failed. We are NOT going to be Bailing OUT a bank so the CEO can steal tax payers money
@@nias2631 The banks pay twelve cents of every hundred dollars deposited for an insurance plan that covers up to $250K per account. Almost all of the accounts at SVB exceed their limit.
I saw some irresponsible comments saying "US government should have just let SVB and similar banks fold and allow that industry to weed out their sick financial institutions themselves." It is wiser to stop the bleeding as early as possible before it gets out of hand. The US Treasury's concern is not to bail out SVB or similar bad blood but to prevent isolated incidence of bank run from being snowballed into a public fear of financial system collapse.
In the 1960s, we still had banking in our post offices. I'd prefer cities start public banks which would help improve the city they are in, instead of a private bank whose profits go to shareholders.
A lot of regional banks are feeling the pressure right now. SBNY also got shut down and WAL, First Republic, and a few others. I fear that 2008 is happening again with smaller irresponsible banks. The Big 4 so far look solid which is good.
Why would the banks fear 2008 again? The Obama/Biden Administration bailed them out before while letting us regular folks suffer, why will it be any different this time?
@@daBEAGLE1017 : Say what now idiot? 1st. I never delete anything because if I am wrong I leave it up thank the individual who corrected me and I learn from my mistake. 2nd. Dumba*s. The Bank bailout was signed in 2008 by President Bush W. Obama didn't take office until 2009 of January.
I love how CNN had a women CEO on literally talking about getting inside info and a heads up so she could sell her assets. Rules again for one set of people and rules for another set of people.
Is that how you see it? I saw that interview and found it rather interesting. I know nothing about banking, but she basically said they got a heads up and they began to do small withdrawals. If you lose confidence, is it wrong to withdraw your money? For it to be nefarious, wouldn’t it have to be stocks or something like that?
If you don’t have more than $250,000 in any one bank, you don’t need to worry at all. That’s FDIC insured. As to whether other small banks may fail, only time will tell, but I think the Fed probably prevented that by guaranteeing all depositors of the two banks that failed.
If you have your money in a bank that thought things like stablecoins, pictures of monkeys etc... were valuable as well as the holder of investments from companies that made apps to control your toaster, and also plays host to a group of psychotic venture capitalists that made billions during the free money era and are now not happy with the billions they have so relentlessly do things like order all their companies to go withdraw all the money at said bank....then yes.
One block removed from the Lego building: Customers who want to do the *right thing* will cause a run on banks by *reading the fine print* regarding the maximum of FDIC insurance and will withdraw, divide and allocate their funds across other banks.
No bank is solvent if there's a run. Thank the fractional reserve banking ponzi scheme for that. Oh, and stop using banks. Go all digital. There's no reason for this crap to exist any more.
@@The_Savage_Wombat you’re supposed to have stop gap protection. That means the withdrawals halt before it collapses. They didn’t have enough equity so they cashed out bonds at a loss because they were desperate for money. That’s what caused the bank run . Bad investments? Why low to begin with? And why do they still get performance bonuses on Friday when they closedown?
Thank goodness for bailing out the banks and automakers and most importantly, Wall Street. Keep raising those interest rates on hardworking people so we can pay for them.
Deregulations came into effect 2-3 years ago, you can tell by the massive investments into the bank, then when people decided to withdraw for many reasons, the bank collapse. That and the train crash are all due to the previous administration deregulation that came too quickly without any supervision. There will be more incident like those.
Yes. This has been coming for a while, and yes, it will affect the little people as well. This is conditioning us to all banks collapsing. Wait until BoA collapses and you'll see real panic.
A Bank crash/crash in the stock or real estate markets has less of an immediate impact on people's standard of living than inflation or currency devaluation. That the market is so negative at the moment shouldn't be shocking. If we are to survive in this economy, we need assistance right away. The ETF and stock markets are still quite volatile, just like the property market. Now all that's left of my $370K portfolio is ruins.
Many people are still getting fantastic returns on their investments during this time. Simply maintain a strong sense of reality or ask for professional assistance.
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Nothing has yet been lost. If the government make sure that assets do not have to be sold at a loss because people want their deposits now, those assets can be kept to maturity and their calculated value realised. This is what a government should do because a bank cannot prevent a bank run.
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Global financial markets have been significantly impacted by SVB's demise, prompting investors to sell off bank equities hastily and reevaluate their interest rate expectations. I am a $350,000 investor who is at a crossroads and wondering if it is wise to hold onto securities that are losing value. I want guidance on the best approaches to maximizing my returns in this negative market.
It is unlikely that the market will experience big gains anytime soon in light of the latest developments involving SVB, therefore it is prudent to set reasonable expectations and get ready for a potentially protracted recovery period. It is advised to postpone making big investment decisions until the economic climate in areas of concern has stabilized. It is best to take precautions and stay out of the current disturbance.
During market downturns, investors should remain committed to reputable companies by maintaining or growing their investments, as well-managed businesses eventually regain their former strength. To find the best entry and exit points for long-term gains from stock appreciation, get advice from a financial expert. Gains from working with an investing advisor can be substantial, as was demonstrated during the pandemic when a gain of $530k in just 8 months was realized.
@@HarrietBemish Could you kindly leave your investment advisor's contact information here? I absolutely must have one.
@@berkrix4312 My advisor is Christine Jane Mclean , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@HarrietBemish she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
The recent events with SVB make it unlikely for the market to make significant gains soon, so it's wise to manage expectations and prepare for a potentially long recovery period. It's recommended to avoid making significant investment decisions until the economic environment stabilizes in areas of concern. It's best to exercise caution and avoid engaging with the current turbulence.
Bad start to the year with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
@Craig Daniels Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@maiadazz Thats quite Impressive! can you share more info?
@@richardhudson1243 I have stayed away from all of the issues that the erratic market presents. Today, reading, research, patience, and seeking guidance when necessary are the greatest ways to break into the market. I merely copy Nicole Joi Anderson, a CFA, whose actions I witnessed on Bloomberg Business News because I am unable to handle my portfolio owing to the nature of my profession. Ever since, everything has been easy.I recommend researching her credentials further.
Imagine blaming the people for taking out money of a failing bank instead of blaming the bank and the cause of high interest rates in the first place
Its CNN
It’s not
Get woke go broke. On top of this administration's out of control spending causing record inflation.
It's liberal media... democrats.... the gov is always right... the people must depend upon it. End of story to them. The gov is the ultimate control, ultimate power OVER YOU, so if there's ever a problem, is HAS TO be the people's fault. That's democrat 101.
We're watching the fleecing of the American people via the devaluation of the USD via inflationary money-printing.
Bank 'rescues' are merely the easiest way for the government and Federal Reserve (international banking cartel) to:
1. Print/digitize TRILLIONS more dollars (promissory notes) out of thin air... devaluing everyone else's savings
2. Encourage banks to be even MORE careless in their fractional-reserve lending practices, leading to more defaults as there's no risk of going under.
Isn't it great that the same 'too-big-to-fail' lie from 2008 STILL works 15 years later?
Confidence in the system??? I’m 31 and this is the 3rd financial crisis of my lifetime and I’m watching the wealthy elites/ corporations getting bailed out expense of the little guy AGAIN. How is that feeling in anyway reassuring?!
At least the average person will always have the fdic for 250k reimbursement. That’s chump change for a lot of those accounts.
@@spagooter1807 sorry but we aren’t going to feel bad for the rich who cause this. Besides their offshore accounts are fine, you know the tax havens
This isn't close to a financial crisis.
@@michaelmorningstar8645 Of course it is and it could happen at other institutions now...
@@proud2bnumber1 Putting "of course" in front of something stupid doesn't make it look less stupid.
Yet No student loan forgiveness, but give it to the CEOs and banks!
Let’s see if the trumptards challenge this in court too shall we? At least know who you are dealing with when you make statements like this.
The gvmnt is saving the money of the costumers of the bank, not holders..
Well, democrats are in charge of the senate, house, whitehouse administration, presidency, all media, the narrative, etc... shocking that they haven't solved all the people's problems isn't it? LOL
@@ChrisWrightDVM Oh,, ya thank????? 🤣. How do you fix 4 years of stupid when you MAGAts were in charge? Dem’s did the best they could during the two years they claimed they had majority.. but you MAGAts did so much damage between ‘16 and ‘18 they couldn’t get to it all. Now all you guy’s can do is lie, have meetings and shade. Got to love how you fools are trying to reshape 1/6 insurrection. You keep up those lies MAGAt, then let us know when you want to be a real player in running the government.
Maybe the government should get out of the student loan business. Instead, the colleges can charge what they want because the government backs the loans.
The bank boss saw it coming, cashed in for $3.6 million ahead of the crash, which sounds similar to insider trading.
I would have to think that there are claw back rules for that sort of thing…
Biden promised they'd be fired lol, that's a start
I don't think it's insider trading to know the inner workings of the company you run. He would have known there was a possibility of a run, and gambled taking his money out. If a run hadn't of happened he probably would have deposited it straight back in. The morality of it however is wrong, that 3.6m could have gone to more needing customers.
Reminds me of an old Steve Miller tune..." Take the money and RUN!!"
Here Mr.Banker,,, would you hold my life savings,,?? I can trust you because you wear a suit and have a degree framed above your desk..
Ahhhh, very comforting!!!
Tbh, with the whole global crisis, I'm quite unsure about getting in the market. I had planned to
earlier before retirement and the clocks ticking really fast. I don’t mind a passive return but has to be long term with a vision.
The Fed is undoubtedly responsible for the current catch-up efforts, as they were first, too slow to control inflation.
The issue is this! Individuals with little to no experience in the stock market commonly try to enter positions without professional advice. Prior to holding a $262k ptf with Yvonne Annette Lively, I remember relying on just technicals and what I felt. Trust me, last thing you’d wanna do is ignorantly lose capital.
@@Gregfreemann How to get in touch?
@@Gregfreemann Hold on, the portfolio manager with Morgan stanley? Was recently on a finup with Tate?
@@tommyfisher277 Looked her up, I mean the Pm, Yvonne Annette Lively. Her website, resumed seems detailed. Sure is wild averaging a 15% mroi.
They better address the insider trading before a bailout
Nah. That's regulations you're talking about. That's literally socialist communism.
Love how the media makes excuses for financial institutions when they screw up
Well if the media told the hard truth about the greed of banks, there would be a huge bank run. Our economy is too tied to the greedy practices of investment and commercial banks for the truth to be made known to the general public. And the fact is, most of the public don't want to know or would understand the behind the scene dealings of banks investing and borrowing for fast high risk returns. Most people think their money just sits in the bank waiting for them. They don't know about fractional reserve banking.
what excuse for example? Yes there had been other factors (like the management sold a lot of shares recently and this..., ...) but I havn t heard any excuse!
They could also mention, it also fault of a trumpworld a world without guardrails 🙂
What excuse? Virtually all media is blaming mismanagement and feds fired all management... Doesn't sound like they're making excuses to me.
They're all part of the same cartel.
@@christophpaessler8444 dude you can't be serious. They literally bought treasuries like interest rates weren't going to go up
And just 4 days before this, Forbes twitted, that SVB is the most well situated bank in US. How can anyone believe the rankings or the credibilities of these companies.
Also, The staff received bonuses. Along with Jim Kramer recommending the stock as a Buy?????
Really?
@@discoverlight he said that $320 good price 🥲
@@discoverlight Yes, look it up.
@@Rocky-xx2zg yeah I looked it up! There’s some shady business on that listing from Forbes.
"This is not a bail out, its a special economic operation"
🤣🤣👌👌
With a name like "Silicone Valley," it's got to collapse.
Insurance paying out isn't a bailout. Try to keep up with how things work.
Vacuous bullshit
Euphemisms, check out George Carlin's stand up about language.
I was an Army recruiter 1988-1991 in the Chicago Battalion, one day we decide to jazz up the names for military MOS (Military Occupation Specialty).
Infantry Opposing Forces Deposal Technician
Artillery Long Range Urban Redevelopment Specialist
Wish I could remember the rest, just an interesting way to make a job sound better than it was.
I was a 16R (Short Range Gunnery Crewman) aka Vulcan Senior Gunner / Squad Leader.
th-cam.com/video/YVt7dq-magE/w-d-xo.html&ab_channel=jaglavaksoldier
“The best way to rob a bank is to own one”
Let me tell you something dear
The global crisis is already here.
There is inflation.
Electricity will be too expensive and unavailable.
Food will be too expensive and unavailable.
Assets, funds in banks will also collapse in the near future, as we cannot predict the future
NEXT ACTION:
Attack the healthcare system.
Doctors are too expensive and not available.
This is your LAST CHANCE to get ready and save what you have so you don't lose all your funds in the banking system
because there are secrets that EVERYONE KNOWS!
Save yourself from this collapse when help is not on the way!
Protect your bank assets and funds with Iso xlm or xrp confidential coins on FChain network with Robust security.
You understand?
A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
@@Americanpatriot723 These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
@@sommersalt88 i don't know much about the market, but based on what little knowledge I have of economic supply and demand, this is the best time to venture into the market, but the only thing holding me back is the constant fluctuations in prices, which it's not supposed to be a problem, but i really need guidance because i want to use this avenue of everything being on discount to build a portfolio that pays dividends and takes care of me in retirement.
"LISA ELLEN SHAW" does a good job. She is quite the genius in portfolio diversification. You can look her up on the web as she is SEC regulated.
@@sommersalt88 I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
I still blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust
The idea of financial adviser aid may seem controversial to some, but according to a recent Investopedia survey, demand for financial advisors has increased by over 41.8% since the pandemic, and based on personal experience, I can say with certainty that their skill sets are top-notch. From a sluggish $385K that lacked growth stocks, I raised almost $500k in 18 months.
@Rich Szabo Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Corinne Cecilia Heaney, I can say with certainty that their skills are excellent. She helped raise almost $500,000 in 18 months from an initially stagnant portfolio of $380,000.
@@BenjaminMcLeod815 Corinne really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
The FED is now the FDIC. This is how they take control. They come up with a solution to combat their problem that they created already.
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
@@Emily-le2op -I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...
@@KingDavid-jj7tk I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??
@@geraldantonio3160 -Having an advisor is essential for portfolio diversification... My advisor is Stacie Kristal Weber who is easily searchable and has extensive knowledge of the financial markets...
@@KingDavid-jj7tk Thank you for this amazing tip. I just looked the name up, wrote her and scheduled a call..
I admit I know nothing about banking but I'm sure I'm not alone in worrying that this could happen to other banks.
As someone with actual insight into the issue, the regulators have been aware since midway through last year that liquidity issues were possible at institutions.
The overwhelming majority of banks are not as heavily invested in the Treasury market, and the regulators have been watching to make sure smaller community banks are safe.
SVB is isolated and likely changes are in the works to ensure that this doesn’t happen again.
Well, CNN does want you to be afraid, scared, and alone.
There will be more in the very near future
No one in this video has a clue how banks operate. I guarantee you that you know more about finance than any of these sock puppets. I'm embarrassed for them.
Get your money out the fucking bank!!
Interest rates are just now normalizing. The bank making bad investment decisions should not justify going back to punishing the holders of cash accounts by paying no interest on cash which is really a tax on savers.
Get a job Leroy
Rates are going up again. This is another Democrat pay off.
@tixximmi1 the average blue collar factory worker who has a 401k will be the loosers,not the powerful.People who barely get by to contribute each month hoping to be able to retire at 65 with a little...those will be the loosers..be ready to see alot of medicaid users in future...that once thought they were doing all they could to be self sufficient..
@@teresaellis895 Yes I know. It was a Democrat ATM machine. I know who gets hit.
This happened because, "interests rates rose so dramatically, and something was going to break."
Interest rates rose dramatically in the early Eighties (also due to the Fed), but I don't remember banks failing back then.
Give interest free loans to the middle class instead of bailing out corrupt bankers
They aren't bailing out the investors. Deposits are being covered by insurance money.
Your comment is going to age like poop.
That is called Socialism (the most hated word in greed capitalism system)
Argh!!! I’m a regular person and I’m upset by this bailout. What’s the point of raising interest rates if they start printing money again? Doesn’t that defeat the purpose???
Printing more money just raises inflation, between Biden and Trump, to a bigger degree Trump has just printed tons of money thinking it will save us... perhaps short term it does, but long term it kills the economy. The interest rates being raised is necessary to curb inflation, which I might add was on a downward trend for 9 months in a row until last month... to me this is just another example of a FEW rich people trying to save their own asses... this goes along with anyone who attains power is afraid to relinquish any of it because they are afraid they will be more like the normal people out there.
you are a selfish person. the fed does not print money on bank failures,
@@badatheist9948 Thats not what I said... I said printing excess money causes inflation to go rise
This is what happens with deregulation on banks.
Why do you comment if you have no idea what you are talking about.
Spoken like a true financial expert. 😖
@@user-jkrcyxf You mean the utter incompetence of Bank leaders buying 10 and 20 year bonds, regardless of the issuer, to back up assets that their depositors can take out tomorrow. I'm sure those Bonds will get paid off, but if you invest in long term bonds to pay back here today gone tomorrow money, you are an incompetent hack. Although I'm sure investing in long term bonds helped goose his stock market options.
Boomers failed to learn from their mistakes, again.
@@user-jkrcyxfThat's BS.
The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy
you are definitely right , waiting on the government is a big waste
Investments are the stepping Stones to success especially if you been guided by a professional
Investing is good but investing in the right thing is the actual key to success . who is your pro ?
There are so many investment out there but if profits must be considered then not all investments are good to go into.
That's correct the right choice of investment has always been a big problem for me because picking up the wrong investment will possibly leave a big scar in the future...Have you made any profit whatsoever working with this pro ?
This is why holding some precious metals is sensible.
If precious metals have more value than the U.S dollar then we have a problem. Nothing should be safer than a treasury bond.
@@joebidenisyourpresidentget2481 I guess you have to wake up. Gold is real - paper is a promissory note to pay a debt in the future, with interest. Gold is not going up in value (never did), it's the dollar going down in value that makes it look like it's going up.
@Joe Biden is Your President!!!!! Get Over it!!!!! The US dollar isn't even worth the fresh paper it's being printed on 🙄
Yep and don't buy in to THEIR crypto. You need "the Peoples" crypto. Without government interference.
I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. 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. Does anyone know how I could go about it?
@@shawcohbam You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
@@andreasleonard0 interesting! I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high
@@Emmacurtis It would be a very innovative suggestion to look out for Financial Advisors like ISABEL LINDA DUERi who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be very important to weather the storm
Researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.
@@andreasleonard0 Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.
Was there any mention of the upper echelon at this bank selling all their stock just before the collapse?
Just like our elected officials take advantage of inside info to buy and sell stock. When will Americans quit being delusional and understand their government is corrupt and not looking out for American's best interests!
Because.... ITS ALL OF THEIR LEFTY FRIENDS! lol
@@ChrisWrightDVM you clowns are so blinded by right wing media that you don’t remember it was Trump that cut these regulations. Not to mention how these are all the same people.
Just rich vs poor. The 1% vs the working class.
Yes, they mentioned that at the very beginning, that’s what sparked all the withdrawals that sunk them further.
@@ChrisWrightDVM Yeah thats right right, its all bidens fault too!
I don't think the depositors should be made whole. Thete is a reason for the FDIC limit of $250,000.
I agree but one of the depositors was Governor Newsom's wife.
So again we bailout banks, but any laws to help every day people are shut down. We can bail out corporations but not people.
And we can't forget that the fed reserve is bankrupt itself.
The FDIC protects depositors to a certain extent but SVB as a business entity is done and over with.
Banking is all about confidence. The men that work in banking are called con men.
One mistake Matt. The First Partner of SVB was Governor Newsom's WIFE. So add one Con woman to your list. Oh and ties to the CCP too. Is Biden hiding anything?
😆 where's your mattress
Oh no, if only you could separete deposit/loan banking from investment funds. How can we do it? Glass-Steagall Act? But that is so XX century.
You are witnessing Financial Collapse in real time.
The money was placed in a Ultra safe treasury and when the interest rates were plunging. They sold the bonds at a lower price. Before the bank collapsed, most knew about it and withdrew their money.
And guess who the First Partner is Raindrop? Governor Newsom's wife. Surprise!?.!
Let's not forget that these problems would have been caught if the banks had been operating under the previous regulations. However, all banking regulations were removed under the previous administration.
Yeah that's it lmao 🤣. You have absolutely no idea what you're talking about. Sit this one out Sparky.
Are you saying there are currently zero banking regulations? 😂 You are pretty dumb lol.
We're watching the fleecing of the American people via the devaluation of the USD via inflationary money-printing.
Bank 'rescues' are merely the easiest way for the government and Federal Reserve (international banking cartel) to:
1. Print/digitize TRILLIONS more dollars (promissory notes) out of thin air... devaluing everyone else's savings
2. Encourage banks to be even MORE careless in their fractional-reserve lending practices, leading to more defaults as there's no risk of going under.
Isn't it great that the same 'too-big-to-fail' lie from 2008 STILL works 15 years later?
That hasn't been determined yet.
Democrats... literally have HAD (past tense) CONTROL of absolutely EVERYTHING. EVERYTHING. All media, all narratives, entire Whitehouse administration, the Senate, the House, etc....etc... they have controlled EVERYTHING, FOR YEARS. But it's Trump's fault for the train in OH and the bank in CA???? LOL... if something was such a "dire problem", this administration could have fixed it day #1. But no.....too busy "being progressive". You lose the argument of blaming the last guy when you control all 3 branches and literally everything. Instead of hiring SMART AND QUALIFIED people for jobs... who KNOW WHAT THEY'RE DOING and could change/prevent problems... you all chose to hire people based on sex, skin color, being a trans mutant, or the 1st transportation secretary who doesn't know which direction stool should be pushed. Well done!!!
Glossed over the whole other set of "investments" the bank had a hold of that were insanely over valued. Also the tiny little detail of Peter Thiel's involvement telling all his minions to go withdraw all of their money thus setting off the run. So the guy that got rich off of the free money machine now directly plays a role in putting a bunch of companies over the edge...no way he and others end up picking them up for almost nothing, and also now can pay employees even less with even more unemployed in the tech sector after this thing gets down with the dominoes now set in motion.
That's trump era deregulation. Whoops!
@@richinoable Wrong. If anything, overregulation caused this. You make systems fragile by overregulation. Read Antifragile by Nicholas Taleb.
@@mathman43 my.lord you smoke a lot of koolaid.
So this is 2008 all over again... if 128 billon dollars were deposited at the beginning and then when people wanted to withdraw 42 billion, suddenly the bank couldn't handle it and needs the fed to help them? What? What happened to the rest of the money that was deposited from the start?!
I think alot of the money gets reinvested and loaned out to others. It's there but has to be sort of liquidated in a sense..back into cash that can be transferred or withdrawn.
When you deposit money into a bank they pay you interest, this is generated by investing your money which is how banks turn a profit. If they didn't do this, they would need to charge you a fee for holding a bank account. Treasury bonds are meant to be the safest investment banks can make as they're so liquid and stable. The proboem comes when the fed raises interest rates so quickly that your 10 year bond paying 1.56% APR is now in an environment where the base rate is 4.75% as for every year the bank holds them they're losing money.
Blame the greedy food suppliers for their so called "inflation" price gouging.
There aren't any greedy food suppliers. How are they greedy?
Why is no one talking about Trump's deregulation culpability?
Because it had nothing to do with this. This could have been caught with existing laws. Trump did predict this would happen, two years ago. Oh, and the First Partner with SVB is Gov Newsom's wife. She's the main woman there.
The banking industry seems to be very, very nearsighted and have very, very short memories.
The worst part of this nonsense back system is that all banks are at risk of going through the same, if everybody panicked and rushed to get their money out of their banks I bet roughly half will be able to do it. This is a wreck waiting to happen.
More like 25% or less. Fractional Reserve Banking.
I remember when the sperm bank collapsed back in the 80s , it was a huge mess.
The bank's executives started dumping their SVB stock well before the collapse. Insider trading led to the run on that bank.
48 hours? No. This has been build up since orangeman so proudly eliminated bothersome bank regulations. Anyone who lost money at SVB had YEARS to scrape their crumbs together and escape with unimaginable wealth. I did.
There is a video where trump annonces the end of obligations by the banks to have the stress regulations. So thank him and the financial powers behind.
@Puddles it's not silly at all. Go back to 2018. Meidas touch will show you the video.
I know it's a complex topic but you should try to read and understand how Trump came to signing the bill. I know it's "popular" to condemn every action of Trump but if it was such a disastrous bill that passed congress, why didn't Biden undo it by executive order like so many other Trump policies?
@@phillippac.7469 : You actually answered your own question with your comment, Phillippa.
@@phillippac.7469, the president can not at will impose new regulations upon industry unilaterally with the stroke of a pen.
10% for the big guy.
I didn’t hear anything about the CEO of SVB selling off shares before the run. How is that not insider trading? How is that not illegal?
The bank CEOs and also Peter Thiel should be investigated for insider trading, as they had info that led them to get out first- and that started the panic. Thiel actually told everyone in his fund to get out (after he already had).
The clients from the bank knew something was up that's why they were pulling all the money they were told something about the bank
Therefore making it happen.
They bank told on itself. They went out to try and fund raise cause they were losing a ton of money. It's like me trying to sale you a 2023 car for half price. You're gonna ask why so low right? People aren't stupid clearly something was wrong.
It sold for 1 Euro over the weekend.
This is frightening. It’s giving Great Depression vibes.
I remember my grandparents talk about the Great Depression. I agree with your vibes.
Trump predicted it. Biden wants us destroyed.
Boo hoo 😭😭😭😂😂😂😂😂😂
Love how the Rich always get bailed out & made whole, but the little ppl as individuals, always have a debate. Healthcare, student loans, housing, etc.
But president trump Is on your side. Why didn't you make stax o' cash while the getting was good!?
If there was rent control so workers could afford to work there this wouldn't of happened.
I’m just upset that it’s going to ultimately fall on the people instead of the business for their bad practices. Capitalism at its finest
I don’t have to watch this video to know that it’s either Trump or Putin’s fault. Because that’s what the same answer has been for the last two years.
Right, piss poor management of the invested assets of the bank.
Those investments, as she erroneously marketed as "super safe", obviously aren't due to being tied into interest rates.
They should have been sold at a threshold level to remain solvent prior to the increase in interest rates past that level.
There was a large company using that bank for payroll.
Treasuries have a market value & the market value of long term treasuries went down as interest rates went up. This meant the bank had high unrealized losses. They tried to correct that by selling some treasuries, but it spooked people, and a bank run started. They should’ve hedged their interest rate risk. Or had better risk management so they would’ve realized the risk of holding so many long term treasuries considering their client base.
@@damnjustassignmeone Yes, and this will affect the reputation of US Government Treasuries, increasing their yield rate. And then we have the annual debate in Congress over the budget and the US Debt Limit....
don't blame interest rates , blame the bankers who sold long term bonds .
Why didn’t you mention businesses won’t be making payroll since their money is in bank and above $250K. Or, why Treasury no longer requires a reserve ratio. That should be part of this story.
Because the businesses are getting their money. They have access to it today. That's why the Feds stepped and took over. Even amounts over 250k. Insurance banks pay into will cover it.
They no longer require that, because republicans don't like regulations.
The FDIC recently announced that it would be able to recover funds that surpass the $250K, so it's not part of the story. Also, I'm not sure that having a 10% reserve ratio would make a world of a difference here, though I could be wrong.
@@rachelweinstein9918 umm it’s 0 now. How would that not make a difference 😊
No disrespect, but can someone suggest at CNN for Don Lemon to stop abruptly interrupting Guests on the show during interviews. The other Interviewers on the Morning Show at least allow the guests to complete their sentences. Nice enthusiasm, but 'Slow your roll Don.' Let's hear what your expert Guests have to say regarding significant topics that impact many.
Don’t watch. Problem solved
@@jamesc7894 LOL, 😂 But Some of us want to be educated my friend.
One think CNN won't tell you. Gov. Newom's wife was the First Partner to SVB. Also ties with FTX and the CCP too. This is damming.
Yeah I get it rich people were worried for once
Some employ individuals.
Most needed money to make payroll.
Idc
Wrong way risk. In an environment of interest rate hiking since 2022, SVB's treasury holdings have been dropped in value, investment losses have been piling up, and at the same time their key clients (startups, tech companies) have not doing well and start to withdraw monies. In simple terms, everything goes wrong as Fed is raising interests!
And they said something like this could never happen again.
Well when you repeal the regulations that were put into place to prevent it then this is what you can expect to happen. It's not exactly rocket science.
Yep. And their solution for this will be a FED/Central Bank controlled crypto currency.
6% inflation is preferable to major financial crisis. SVP collapsed due to Federal reserve interest rate increases that destroyed a prudent financial strategy OF PURCHASING AND HOLDING LONG TERM TREASURIES.
All started with lockdowns and massive amounts of money printed to pay for Democrat policy of keeping the economy locked down for way too long. The Fed had to raise rates to try get the inflation under control….heaven knows why the Bank leadership didn’t understand this, maybe too focused on Woke, virtue signaling crap than economics. The Silicon Valley folks voted for Biden and this policy…..You get what you vote for!!
I think banks are the worst thing you can become a customer of, instead join Credit Union! CU pool their money from a community, and able to provide better interest rates. At a Credit Union you are a member, not a customer.
You don't need a CU either. There's no reason for banks or CU's to exist any more. They just suck you dry and waste your time with their little schemes.
Kaitlan Collins needs to go back to the field
Please call it “Silicone Valley Bank,” and not SVB, because for people who don’t know much about economics or the American financial system, it sounds like you’re saying S&P, as in the S&P 500! Dont make it more confusing than it already IS!
Again these rich investor A H getting bailed out by the government.
Again people get their payroll payments because the bank, their workplace companies keep their funds in, didn't go belly up! People work for companies and those companies need a place to keep the funds, those funds which were there in svb accounts were saved. Not the stock holders or investors in The Bank.
That's how the Socialist Dems work. That's why we don't have a real economy. Failed companies that they keep floating destroy good sound business. If you are their buddy, they'll bail you out. If not, they let you die. It's a tit for tat system. Crony Capitalism. Same with Justice - jail your enemies and protect your friends that commit crimes.
🤐 don't talk just look at your 🤪 party saying b.s. in front of the camera, then truth behind closed doors.
It's not bailouts we just make printers brrrr and party like in 2008.
"If confidence is lost, that can lead to this..." - The result of a bank run should be that customers get their deposits and then the bank is in trouble because they lost their play money. That never happens. What always happens is that the first to arrive at the bank get their money, most come too late and those are in trouble unless the state bails out the bank in which case the trouble gets socialized. Usually life does not favor those coming too late to the party.
Then, depending on circumstances, one or two bankers go to prison for a year or two or five, and then they write a book about their exploits and become frequent guests in talk shows or senior financial experts at CNN or some other outlet. This is a valid career option.
The owners of a failed bank will not have to adapt their life style to a 9-5 rhythm. They just lost some assets. For them, this is just a fluctuation in a graph in some excel sheet. You will not see a change of supply and demand on the yacht, fur, jewel or island market.
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Even rumours about a bank being in big trouble will spread like rapid fire to other banks... miserable days ahead.
All predicted by Trump too.
Why are we the taxpayers bailing out the bad business decisions of "big shots"? I'm tired of paying taxes for irresponsible people.
Keep a huge portion of cash in your house or you will regret it later.
Great work by the regulators I'm glad they are taken care of this now before it's to big to fail. This is what the regulators are supposed to do. SVB had bad practices bad business and they failed. We are NOT going to be Bailing OUT a bank so the CEO can steal tax payers money
That's exactly what we're doing.
"so the CEO can steal tax payers money" - he has already stolen $3.6M of it
@@davepullin8572 what are you talking about
@@rleeg6744 They bailout money is coming from a fund the banks pay into.
@@nias2631 The banks pay twelve cents of every hundred dollars deposited for an insurance plan that covers up to $250K per account. Almost all of the accounts at SVB exceed their limit.
I saw some irresponsible comments saying "US government should have just let SVB and similar banks fold and allow that industry to weed out their sick financial institutions themselves." It is wiser to stop the bleeding as early as possible before it gets out of hand. The US Treasury's concern is not to bail out SVB or similar bad blood but to prevent isolated incidence of bank run from being snowballed into a public fear of financial system collapse.
That’s why you buy TBILLS over treasury notes or bonds… I thought everyone knew that
First thing and LAST thing. NO BAILOUTS!!! Let them FAIL!!!!
Now we have to watch out for Banks acting like Cypto Ponzi Scheme...
Just need to watch out for the Central Bank/Fed creating their own Crypto.
In the 1960s, we still had banking in our post offices. I'd prefer cities start public banks which would help improve the city they are in, instead of a private bank whose profits go to shareholders.
A lot of regional banks are feeling the pressure right now. SBNY also got shut down and WAL, First Republic, and a few others. I fear that 2008 is happening again with smaller irresponsible banks. The Big 4 so far look solid which is good.
This is simply conditioning the public. It's all by design.
Why would the banks fear 2008 again? The Obama/Biden Administration bailed them out before while letting us regular folks suffer, why will it be any different this time?
@@daBEAGLE1017 : Actually it was the Bush / Cheney Administration who bailed out the Banks in 2008. Obama didn't take office until January 2009.
@@briendoyle3823 lol. Why did you delete you incorrect statement saying it wasn't the Obama/Biden Administration?
@@daBEAGLE1017 : Say what now idiot?
1st. I never delete anything because if I am wrong I leave it up thank the individual who corrected me and I learn from my mistake.
2nd. Dumba*s. The Bank bailout was signed in 2008 by President Bush W. Obama didn't take office until 2009 of January.
It's like bank robbers without guns.
The Trust that went bust 😂
I love how no one in the media is talking about the bank execs part in this debacle.
Change the channel. They are. Guess who was First Partner with SVB. Governor Newsom's wife.
I love how CNN had a women CEO on literally talking about getting inside info and a heads up so she could sell her assets. Rules again for one set of people and rules for another set of people.
Is that how you see it? I saw that interview and found it rather interesting. I know nothing about banking, but she basically said they got a heads up and they began to do small withdrawals. If you lose confidence, is it wrong to withdraw your money? For it to be nefarious, wouldn’t it have to be stocks or something like that?
If the RICH loses money GIVE them money and keep them rich! If the poor loses Let the poor become homeless!
Do we need to start worrying about small banks or does it depend on what each bank did with the money?
If you don’t have more than $250,000 in any one bank, you don’t need to worry at all. That’s FDIC insured. As to whether other small banks may fail, only time will tell, but I think the Fed probably prevented that by guaranteeing all depositors of the two banks that failed.
If you have your money in a bank that thought things like stablecoins, pictures of monkeys etc... were valuable as well as the holder of investments from companies that made apps to control your toaster, and also plays host to a group of psychotic venture capitalists that made billions during the free money era and are now not happy with the billions they have so relentlessly do things like order all their companies to go withdraw all the money at said bank....then yes.
A lot of smaller banks are owned by bigger banks which buy off our Presidents and Congress
One block removed from the Lego building: Customers who want to do the *right thing* will cause a run on banks by *reading the fine print* regarding the maximum of FDIC insurance and will withdraw, divide and allocate their funds across other banks.
How about talk about the real issue. The deregulation of the banks. Funny how CNN can have a lot of chatter but they are actually not saying anything.
There was never a regulation that prevented banks from investing in mbs.
See when they announce that the First Partner at SVB was Gov. Newsom's wife. This is why they're fake.
"Old fashion bank run?" They're not fooling anyone. Let them collapse I don't need protection.
dont wrry tax payers will pay for all their greed
Yes , this is WEF and government goals , WEF interest matters
Don't worry republicans won't help to pass regulations to avoid this in the future.
Close ol banks in word
The regulators were supposed to be checking on them to make sure they were solvent. Or this wouldn’t have happened
Blame the interest rates 😂😂😂😂😂
GREED 😮
No bank is solvent if there's a run. Thank the fractional reserve banking ponzi scheme for that. Oh, and stop using banks. Go all digital. There's no reason for this crap to exist any more.
@@The_Savage_Wombat you’re supposed to have stop gap protection. That means the withdrawals halt before it collapses. They didn’t have enough equity so they cashed out bonds at a loss because they were desperate for money. That’s what caused the bank run . Bad investments? Why low to begin with? And why do they still get performance bonuses on Friday when they closedown?
@@The_Savage_Wombat the regulators don’t stress test anymore?
Thank goodness for bailing out the banks and automakers and most importantly, Wall Street. Keep raising those interest rates on hardworking people so we can pay for them.
For anyone who doesnt understand the FED is a private group, with similar partners in the banking sector.
Deregulations came into effect 2-3 years ago, you can tell by the massive investments into the bank, then when people decided to withdraw for many reasons, the bank collapse. That and the train crash are all due to the previous administration deregulation that came too quickly without any supervision.
There will be more incident like those.
Yeah that's it lmao 🤣. Bad management had absolutely nothing to do with this.
@ so Nicky Krystals… deregulations is something you know nothing about 😉😂
The massive investments in tech came from retail investors during the lockdown.
this just shows how much value people can put into something. The prices depends on the person.
Does this effect normal people who just save their money at banks or is this just tech companies etc being effected?
97% of the money at the bank was from companies with millions of dollars in there. Anyone with $250k or less will get their money back.
Individuals are protected by FDIC up to $250k.
It affects anyone connected to that bank. Some people will not get paid.
Yes. This has been coming for a while, and yes, it will affect the little people as well. This is conditioning us to all banks collapsing. Wait until BoA collapses and you'll see real panic.
@@joebidenisyourpresidentget2481 Thats cool. Thank u
If it had been separated so it was not SO big, the corporate depositors would not be SO at risk for their payrolls.
A Bank crash/crash in the stock or real estate markets has less of an immediate impact on people's standard of living than inflation or currency devaluation. That the market is so negative at the moment shouldn't be shocking. If we are to survive in this economy, we need assistance right away. The ETF and stock markets are still quite volatile, just like the property market. Now all that's left of my $370K portfolio is ruins.
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Nothing has yet been lost. If the government make sure that assets do not have to be sold at a loss because people want their deposits now, those assets can be kept to maturity and their calculated value realised. This is what a government should do because a bank cannot prevent a bank run.
We appear to have the ability to print unlimited funds. Our rulers know how to take care of themselves.
The longer we allow this, the longer it will last. Learn, then vote!
2 stimulus and PPE money given out by Trump and deregulation. This is where it started.
The Fed needs to slow down with raising interest rates until this issue is resolved.
"This is another good reason to help Ukraine" - Joe Biden
😅🤣🤫
US military industrial complex.
Don't worry, Biden will call China for help like 2008
@@mengreat6982 : Wait Bush W was still President in 2008.
This has absolutely nothing to do with Ukraine.
People who have artificially raised prices should lower them before it destroys our economy.