Are CLOs the New Mortgage-Backed Securities? (w/ Danielle DiMartino Booth & Peter Boockvar)

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  • เผยแพร่เมื่อ 15 ก.ย. 2024

ความคิดเห็น • 90

  • @RealVisionFinance
    @RealVisionFinance  4 ปีที่แล้ว +4

    Get Real Vision Premium for only $1 for 30 days here: rvtv.io/YTDollarfor30
    No more waiting for the content to make it here weeks or even months after it was shot and no missing out on insights and information that move markets. Better yet.... No advertisements! Join today!

    • @raimundosilva4382
      @raimundosilva4382 4 ปีที่แล้ว

      meus amigos se você já me encontrar garota brasileira que está aí na china para tu ver a mensagem de vocês na língua brasileira aí eu posso enviar o meu endereço para mim poder enviar o endereço parame apresentar para vocês procura garota que estava China que éela vai fazer uma tradução de voz por vocês para passando para os vídeos que vocês encontrar ela a brasileira que estátem uma brasileira que está aí na China procure nada para fazer uma tradução de voz da mensagem de vocês para aí eu posso enviar o meu endereço hora que eu posso chegar até apresentar quando vocês estão procura brasileira para fazer a e se eu peço para você por favor e faça isso por mim faça isso por mim procura brasileira para fazer uma introdução de

  • @FeedMeTechno
    @FeedMeTechno 4 ปีที่แล้ว +56

    very great interview. and since it is actually recent, and i appreciate you guys doing that and not delaying this interview for years, i think im going to go ahead and subscribe. thank you very much, Real Vision!

  • @Myfriendozzie
    @Myfriendozzie 4 ปีที่แล้ว +10

    Great Interview Danielle, Peter is actually a consistant clear & super wise speaker. Finally someone explained the repo market’s recent implosion! Please bring him back on every quarter or sooner. Thank you.

  • @iancassie9840
    @iancassie9840 4 ปีที่แล้ว +13

    LOST ME at 2 percent b/s TARGET meanwhile CPI IS 8 TO 12 PRCENT the difference is the THEFT THAT IS BEING CARRIED OUT

  • @RR-js9kl
    @RR-js9kl 4 ปีที่แล้ว +11

    Good interview.
    Just have to add that lower interest rates make me spend less and save more.....but not in fiat currencies.

  • @galactic904
    @galactic904 4 ปีที่แล้ว +5

    Skip Intro, start at 2:40. I say this because I am not familiar with these 2, however, their subjects are interesting

  • @neilguerrero7584
    @neilguerrero7584 4 ปีที่แล้ว

    Danielle DiMartino Booth is such a breath of fresh air on monetary matters especially in regards to The Fed and their reckless monetary policies. It is so interesting being a former insider at the Dallas Fed to know the inner workings and machinations of The Fed to be able to inform her audiences what is really going on. Her interviews are really well versed and her guests are spot on in their expertise in particular field in finance. I watch and learn a lot from her and a bonus in the fact that she ain't bad to look at! Beauty and Brains makes for a very powerful lady.

  • @Alorand
    @Alorand 4 ปีที่แล้ว +2

    Thank you for releasing this right away. I'm actually going to subscribe now.

  • @LAWSON08
    @LAWSON08 4 ปีที่แล้ว +12

    F*cking fantastic interview. Especially the topic of inflation targeting and the embedded propaganda surrounding it.

  • @juanluismaya9303
    @juanluismaya9303 4 ปีที่แล้ว +3

    Read the book, "The creature from Jekyll Island". I became depressed nearly three years ago when I learned about this. Then I hit the snooze button and carried on. Now it is painful and scary as the alarm is on again.

    • @ryanwalker3509
      @ryanwalker3509 4 ปีที่แล้ว

      I'm with you on that. Its stressful to keep up with the truth.

  • @brandonvonbo9708
    @brandonvonbo9708 4 ปีที่แล้ว +1

    The Fed should not be setting the interest rates at all, the free market should. That would promote savings and this would build a strong economy, not the phony bubble that’s fueled by debt that wee see today.

  • @marine5546
    @marine5546 4 ปีที่แล้ว +1

    Brand new video? Hell yeah

  • @martinan22
    @martinan22 4 ปีที่แล้ว +1

    Thank you so much for this interview! The economy and money is vital for all of us. But what the heck is it?!? It is almost impossible to make heads or tails of this without help.

  • @bobbeckel5266
    @bobbeckel5266 4 ปีที่แล้ว +3

    Reminds me of Abbot and Costello's "Who's on First". But, here the question is, "Who is the audience?" How many of the listeners really understand what these two are talking about? I can't keep up. Are we to believe the Fed has devised a system where nobody can take advantage of the system? Or, it cannot be manipulated? Or, it does not matter that an Open Market system is competing with a Command economy? It is like these folks are operating in a microcosm. Unbelievable.

    • @michaelanon1968
      @michaelanon1968 4 ปีที่แล้ว

      It is an enigma. Working exactly as designed..

    • @blackjackjack5612
      @blackjackjack5612 4 ปีที่แล้ว

      Bob, all by design. Ever play monoply?

  • @jerryfriedman1183
    @jerryfriedman1183 4 ปีที่แล้ว

    terrific interview. both are clear and well spoken. a joy.

  • @Atem_S.
    @Atem_S. 4 ปีที่แล้ว +1

    Awesome stuff you two! High five to that!

  • @jamesgoodman3645
    @jamesgoodman3645 4 ปีที่แล้ว +1

    Peter for PRESIDENT!!!!!

  • @JohnSmith-zo6ir
    @JohnSmith-zo6ir 4 ปีที่แล้ว +3

    I think the government will step in and act as an intermediary utility clearing house for the repo market and take on the repo trade risk to keep the overnight money supply flowing between banks.
    However in doing this the government must put in grading rules as to the quality of the collateral being offered ... this will have the effect of closing down marginal banks in an organised fashion and therefore create a more stable banking eco system from which to build upon.

    • @juanluismaya9303
      @juanluismaya9303 4 ปีที่แล้ว

      A More stable banking eco system... Like a new currency?

    • @JohnSmith-zo6ir
      @JohnSmith-zo6ir 4 ปีที่แล้ว

      @@juanluismaya9303 Currency is only one component of the eco system.

    • @JohnSmith-zo6ir
      @JohnSmith-zo6ir 4 ปีที่แล้ว

      @@1brentedward By current rollovers I assume you mean an "open repo". Since there is an agreed rate (difference between sell and repurchase price) that would be an agreed condition, so in that sense it is not without conditions.
      Also with open repos the interest rates are negotiated from time to time so they are not necessarily fixed. Interest is paid monthly and maturity dates seldom go past two years.
      Repos with longer maturity dates are considered higher risk, repurchaser creditworthiness is more likely to change over a longer period (for the worse) and the interest rate fluctuations are more likely to have an impact on the value of the repurchased asset.
      So I suppose the implicit increase in risk is an accepted condition inherent in open repos along with any other conditions attached. The constant repricing of the repurchase amount would reflect the level of risk.

  • @bensavage6389
    @bensavage6389 4 ปีที่แล้ว +1

    Forgive my layman view, but negative interest rates just means inflation.

  • @josephdoxy8670
    @josephdoxy8670 4 ปีที่แล้ว +1

    I think there so much Treassury debt to be absorbed that the private sector can not do it. That is why the FED has to get involved to keep the markets from crashing

    • @juanluismaya9303
      @juanluismaya9303 4 ปีที่แล้ว

      So, yet another bailout? Can they still afford it?

  • @jonathanvoshell7914
    @jonathanvoshell7914 4 ปีที่แล้ว

    Simple question for everyone. What are the profit margins beging spent on? There is more money in the System than ever before and no one seems to knows what it is being spent on. At some point the biggest profiters have to spend there money on something if they don't the system stagnats . A some point there will be diminishing returns and there will always be taxes.

    • @b.griffin317
      @b.griffin317 4 ปีที่แล้ว

      bidding up asset prices?

  • @b.griffin317
    @b.griffin317 4 ปีที่แล้ว

    17:00 why are most mortgages based on the 10y when most mortgages are 30 years?

  • @laurentdrozin812
    @laurentdrozin812 4 ปีที่แล้ว

    WhatnI don't understand, is how comes the banks in Sweden where I live, are still hugely profitable, while we've been living with negative rates for years now.

    • @b.griffin317
      @b.griffin317 4 ปีที่แล้ว

      maybe they most do business abroad, like they mentioned about the big japanese banks? sweden is a small country.

  • @brianld567
    @brianld567 4 ปีที่แล้ว +1

    Yes

  • @PaulMcHanJr
    @PaulMcHanJr 4 ปีที่แล้ว +1

    What kind of "Yard Sale" decorator are you using? Shabby Chic is passé.

    • @Tzmaker
      @Tzmaker 4 ปีที่แล้ว

      The interview was great but that carpet.... Make it go away!

    • @hfortenberry
      @hfortenberry 4 ปีที่แล้ว

      Are you kidding??? I LOVE those little, personalized, side cup tables and plan to get a couple for myself!!

    • @hfortenberry
      @hfortenberry 4 ปีที่แล้ว

      Are you kidding??? I LOVE those little, personalized, side cup tables and plan to get a couple for myself!!

    • @b.griffin317
      @b.griffin317 4 ปีที่แล้ว

      it's what they can afford for the number of subs they get.

  • @nickoftime3715
    @nickoftime3715 4 ปีที่แล้ว +2

    Great information 👍

  • @markhoward5561
    @markhoward5561 4 ปีที่แล้ว

    Very informative and that's the truth!

  • @goldassayer93555
    @goldassayer93555 4 ปีที่แล้ว +3

    There is never a recognizable event at the top of a market! there are slowly changing conditions in the market where the ratio of buyers and sellers or supply demand ratio shift. The market starts a long decline.
    The recognizable event that changes or signals the change in a market occurs at the end of a long decline. The market decline from 1938 ended in the attack at Pearl Harbor December 7, 1941. The market decline of 2001 ended with the twin towers attack September 11, 2001.

    • @blackjackjack5612
      @blackjackjack5612 4 ปีที่แล้ว

      I believe 2001 market decline started with the paper napkin demise of ltcm. Subsequent war was needed to grease the wheels of the financial markets. But before that was Bill I didn't do that Clinton and the repeal of the glass stegall act. It's all a game called monoply

  • @michalk7777
    @michalk7777 4 ปีที่แล้ว

    "Those CLOs on Japanessee bank of Mellon ballance sheet will be in a lot of pain..." thank you

  • @DolphLongedgreens
    @DolphLongedgreens 4 ปีที่แล้ว

    High quality content

  • @johngrear6506
    @johngrear6506 4 ปีที่แล้ว

    I'd argue even targeting 0% inflation is still a tax on (stealing from) the population as technological advances have accelerated efficiency which is deflationary in nature and something everyone should be benefiting from. Manipulation by central banks has led to the mess we're now in. There should be no target, no central bank interference.

  • @i486DX66
    @i486DX66 4 ปีที่แล้ว

    RE: "...January and February will be the real test to see whether this market can walk on it's own..." -- Turns out the answer is definitely no.

  • @b.griffin317
    @b.griffin317 4 ปีที่แล้ว

    29:00 non-bank primary dealers?

  • @TheTraderGuy
    @TheTraderGuy 4 ปีที่แล้ว +1

    Art Cashin in a bar? Never!

  • @joshuabeeler1029
    @joshuabeeler1029 4 ปีที่แล้ว +1

    When a company says their earnings before they pay their taxes and all this other stuff red flag should come up

    • @bamahama707
      @bamahama707 4 ปีที่แล้ว

      That is starting to happen...but is anyone paying attention?

    • @joshuabeeler1029
      @joshuabeeler1029 4 ปีที่แล้ว +1

      Just cuz it's common now it didn't used to be before they change the mark-to-market rules that doesn't mean that it's right and that doesn't mean that you should listen to that number

    • @joshuabeeler1029
      @joshuabeeler1029 4 ปีที่แล้ว +2

      @@cyberpunkalphamale the point is unless they don't pay taxes and equipment doesn't decrease in value they don't have interest on their debt they really don't make that money that's all I have to say it is a tactic to fool people and mark-to-market does have something to do with it and what's their equipment goes up in value which of you ever bought a new car you know that's not true and that's just the beginning

  • @bernardczaj99
    @bernardczaj99 4 ปีที่แล้ว

    Yes! that is all .

  • @kbsltd11
    @kbsltd11 4 ปีที่แล้ว

    Fantastic boss lady!

  • @Netstarr88
    @Netstarr88 4 ปีที่แล้ว

    Standard and Poor's and Moody's credit rating service are again the real king pins in this coming collapse in the debt markets.

  • @chrisjefferis1930
    @chrisjefferis1930 4 ปีที่แล้ว

    Monetarists don't really understand liquidity.

  • @andybunn6096
    @andybunn6096 4 ปีที่แล้ว +2

    Don't need any beer gogs; anytime that purple fox needs a quil. I'm game.

  • @naimulhaq9626
    @naimulhaq9626 4 ปีที่แล้ว

    In this election year, what people want to know how 0 interest or negative interest keeps the economy avoid inflation. None of these clips by REAL VISION explain what is strategy, resulting in a false hope that the debt problem is no threat. The people prefer going to sleep. They will only be let to wake up when kicked.

  • @braden6992
    @braden6992 4 ปีที่แล้ว

    This guy is great but why do you have her? she keeps interrupting him by saying uh huh uh huh - doesn't she know that takes him out of his thinking? Let the interviewee speak uninterrupted and unfettered ... this is not local news.

  • @JohnSmith-zo6ir
    @JohnSmith-zo6ir 4 ปีที่แล้ว +1

    I have first hand experience of Beer Goggles in my choice of women after a big night out, especially when you wake up in the morning and you want to bite your own arm off to sneak out the room before it wakes up ... I thought they were beauty queens the night before 😂

  • @thomasd2444
    @thomasd2444 4 ปีที่แล้ว

    03:44 - Date : 2020-01-13th - - Time : 00 : 50 (-5 GMT)
    11:15 - lol

  • @vvjim
    @vvjim 4 ปีที่แล้ว

    what you say makes sense , when you talk about currency , but it does not make sense with today's currency held and issued by a central banking based on welfare collecting though taxation of labor. this means the central banking welfare dependent system can only fail if the tax payer is completely broke ,and the generation of labor is dead.

  • @Shawk95
    @Shawk95 4 ปีที่แล้ว

    Its irritating --- the interviewer appears to be more knowledgeable than the interviewee. Maybe they should exchange chairs?

    • @Shawk95
      @Shawk95 4 ปีที่แล้ว

      I mean, this feels like a 'I am smarter than you' shadow boxing match.

    • @cliftt
      @cliftt 4 ปีที่แล้ว +2

      More like interviewer is accustomed to being the interviewee.

  • @GlobalDrifter1000
    @GlobalDrifter1000 4 ปีที่แล้ว +4

    She has a huge head.

  • @satsmoon
    @satsmoon 4 ปีที่แล้ว +3

    What a super creepy intro.....

  • @blackjackjack5612
    @blackjackjack5612 4 ปีที่แล้ว

    Ok here's 375 or 500 B or whatever. We're doing this for us not you.
    Enjoy the holidays and bonuses. See you next year, suckers, I mean little people. Hahaha. Don't believe, just ask bird lady taking over the EU from draguy. She said just be thankful you have a job, forget your savings with neg rates

  • @hfortenberry
    @hfortenberry 4 ปีที่แล้ว

    I really like Danielle, but she always interrupts too much with her one word remarks (e.g. "Right" and "Sure") after every sentence made by the speaker. It's incredibly distracting. I'd rather she stop and allow the person to just speak uninterrupted. We don't need her to tell us if the speaker is "right" or not and I doubt the speaker needs her to continually agree either. It comes off as if she is trying to gain some attention for herself. Just LISTEN.

    • @michaelanon1968
      @michaelanon1968 4 ปีที่แล้ว +1

      Aubrey < I agree. I like DDB very much and will always listen to her take, but her “sidebars” are distracting and a bit unprofessional..

    • @michaels4255
      @michaels4255 4 ปีที่แล้ว +1

      She is reflexively trying to give the speaker positive feedback. Nothing calculated, she just has an agreeable personality, as many women do, although I understand why many listeners may find the feedback distracting. I just automatically tune it out myself.

    • @hfortenberry
      @hfortenberry 4 ปีที่แล้ว

      @@michaels4255 I realize she's not intentionally trying to be distracting (although not sure I agree it's a "women do" thing as you suggested). But it really is something she should be aware of by now and work on. Just being professional. I do like her though. If I were her, I'd want the constructive criticism so I figured I'd say what probably nobody else will. I'll try to do what you do and just get used to it though because she is otherwise fun and interesting to listen to.

  • @lush6370
    @lush6370 4 ปีที่แล้ว +1

    you are not wall st lady. you don't trade. you're a tv sideshow.

    • @blackjackjack5612
      @blackjackjack5612 4 ปีที่แล้ว +1

      @@lush6370 that's funny, I never noticed, hahaha