Banks Are Cleaning House Of Bad Assets | Chris Whalen

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  • เผยแพร่เมื่อ 15 ต.ค. 2024

ความคิดเห็น • 113

  • @BlockworksHQ
    @BlockworksHQ  2 หลายเดือนก่อน +7

    Forward Guidance is sponsored by Van Eck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at vaneck.com/MOATFG

  • @meghnancaira2008
    @meghnancaira2008 2 หลายเดือนก่อน +21

    I really appreciate the dedication in each video you post. To be successful one has to have multiple income streams and so on, also investors should understand the crossover between asset classes & liquidity flow, joanna claire focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch

    • @JosephGood-w5v
      @JosephGood-w5v 2 หลายเดือนก่อน

      I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.

    • @meghnancaira2008
      @meghnancaira2008 2 หลายเดือนก่อน

      she's mostly on Telegrams, with the user name.

    • @meghnancaira2008
      @meghnancaira2008 2 หลายเดือนก่อน

      CLjoanna that's it...

  • @ethanrich7090
    @ethanrich7090 2 หลายเดือนก่อน +10

    Whenever you see Chris, it's a must watch

    • @hudooguru2
      @hudooguru2 2 หลายเดือนก่อน

      True.

  • @chemicalhalf
    @chemicalhalf 2 หลายเดือนก่อน +9

    Your interviews are so good, improved so much over the last year as well, and way higher quality than the stuff you see on Bloomberg, CNBC etc. Very smart guests, very smart host. Engaging, great stuff. Look forward to the future of your work!

    • @somenamethatdoesntmatter
      @somenamethatdoesntmatter 2 หลายเดือนก่อน

      Yes f.w is Def the interview of choice. Press people on their ideas but let them cook. I certainly struggle understanding this guest because i r uneducated. But the snippets i get are interesting. Most interviews like this are too polarised in bear/bull territory. Insight into mechanisms is more valuable than topical leanings you get on other podcasts.

  • @SabrinaaDolph-y4y
    @SabrinaaDolph-y4y 2 หลายเดือนก่อน +43

    There is an equal market chance associated with every crash or collapse. I've seen people accumulate up to $1 million during a crisis, and they can even do it with ease in a favourable environment if they are well-informed and prepared. Without a doubt, the bubble/collapse is making someone wealthy.

    • @WilliamsTyler5
      @WilliamsTyler5 2 หลายเดือนก่อน

      I believe that, especially during inflationary times, investors should be cautious about how much of existing investments they make as well as when thinking about making new ones. To successfully manage this recession and perhaps earn high returns, it is advisable to consult with a professional or reliable counsel.

    • @WilliamsScott-h5h
      @WilliamsScott-h5h 2 หลายเดือนก่อน

      You are entirely correct; advisors possess knowledge and options that are not made available to the general public. I made £560k in profit in 2022 thanks to my fiduciary counselor's guidance. Do I make sales? Without a doubt. I'm going to take a seat back and watch how everything unfolds.

    • @BINDERANDREAULRIKE
      @BINDERANDREAULRIKE 2 หลายเดือนก่อน

      Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?

    • @EdwardsLluka
      @EdwardsLluka 2 หลายเดือนก่อน

      You are entirely correct; advisors have information and paths that are not available to the public. In 2022, I profited £560k thanks to the guidance of my Fiduciary counsellor. Am I selling? Definitely not. I'm going to sit back and see how this all plays out.

    • @PhilipsJameszang
      @PhilipsJameszang 2 หลายเดือนก่อน

      Hi, I'm new to this area and have been receiving recommendations to use one for a while. Could you please tell me where I can acquire one that is as good as the one you use?

  • @patrickshanghai2064
    @patrickshanghai2064 2 หลายเดือนก่อน +9

    Chris is so good on banks. great watch.

    • @Michael-qy1jz
      @Michael-qy1jz 2 หลายเดือนก่อน

      He is but it's a crime what was done in 2008s mess and 2020 on, just horrific

  • @jasonclement6305
    @jasonclement6305 2 หลายเดือนก่อน +11

    This guy loves banks! I enjoy when he's on

  • @chrisdesborough2338
    @chrisdesborough2338 2 หลายเดือนก่อน +8

    Chris Whalen is GOOD!!! Dude knows his stuff

    • @Michael-qy1jz
      @Michael-qy1jz 2 หลายเดือนก่อน

      He never discusses how corrupt it is and the mass weather transfers to the top with what they did in 08s mess and then again in 2020s

  • @computerman9580
    @computerman9580 2 หลายเดือนก่อน

    Chris is as good as it gets I always learn something listening to him.

  • @erbterb
    @erbterb 2 หลายเดือนก่อน +3

    What is the difference between bundling mortgages in 2006 and stamping AAA on it and doing a swap deal with a hedge fund to reduce your risk from 50% to 0 in 2024? Magic book keeping all over again. It depends on how you define AAA, as Bill Clinton would have said. Or "the glove always fits" at the OJ trial. Only in US finance?

    • @erbterb
      @erbterb 2 หลายเดือนก่อน

      If I would have waited to the end of the video!

  • @MrTigerStarX
    @MrTigerStarX 2 หลายเดือนก่อน +4

    Bank of America and Wells Fargo have been keeping all of their customers interest money. Billions in free money.

  • @davew5161
    @davew5161 2 หลายเดือนก่อน

    I deeply involved with bank debt and greatly appreciate this outstanding piece!!

  • @afcvt
    @afcvt 2 หลายเดือนก่อน +3

    Whalen is always right on the money !!

    • @zacharylockhart4550
      @zacharylockhart4550 2 หลายเดือนก่อน

      He was quite negative on regionals & money center banks his last time on. Did not nail that call.

  • @PaulMangione
    @PaulMangione 2 หลายเดือนก่อน +2

    Bank of Italy @6:50 🎉

  • @mattanderson6672
    @mattanderson6672 2 หลายเดือนก่อน

    Thanks guys!

  • @tmarq4655
    @tmarq4655 2 หลายเดือนก่อน +2

    Cleaning house or selling off to 3rd party collectors whose main intent is harassment for the next year or two.

  • @danstar455
    @danstar455 หลายเดือนก่อน

    Can’t find anything on web about Pinnacle Bank TN selling bonds for $1B loss.

  • @question_asker_93
    @question_asker_93 2 หลายเดือนก่อน +2

    One of my favorite pastimes i listening to Chris talk about how idiotic NY government is when it comes to housing

  • @thomassieckmann8962
    @thomassieckmann8962 2 หลายเดือนก่อน

    Chris is great! Jack, I'd dove to hear is opionion on corporate credit spreads

  • @sivi9741
    @sivi9741 2 หลายเดือนก่อน

    I don’t get how selling 2% paper at a loss to buy cheaper one with a higher coupon changes anything in profitability.
    By selling u took a big lost and u have less money to invest at a higher rates .
    Shouldn’t that break even ?
    What is it profitable ?
    Yes u make money 💰 if the interest rates falls with the higher yield paper you bought but by keeping the old ones u would not had any loss either right ?
    I don’t get it why chris says its a « good » move .

  • @John-ou4rm
    @John-ou4rm 2 หลายเดือนก่อน +2

    Agree with everyone else, Chris knows his stuff. Get him on to talk about whatever he wants as it's always informative.

  • @GillGrossPredictionTracker
    @GillGrossPredictionTracker 2 หลายเดือนก่อน +9

    Whalen’s got a habit of interrupting Jack at the worst times. We get it, Jack’s summary is boring for you to hear - but the viewers are the ones who benefit. After all, isn’t that what this is all about... please cool your jets while Jack translates @rcwhalen

  • @riverat7558
    @riverat7558 2 หลายเดือนก่อน +3

    I can't believe you said that jack. You can't believe that property tax and insurance isn't driving people out of their homes and condos? It's effing horrible bro

    • @anna.banana.075
      @anna.banana.075 2 หลายเดือนก่อน +1

      Yes...he has his head buried with many differing factors...does he rent or live with Mom and Dad?

  • @deanchristie3829
    @deanchristie3829 2 หลายเดือนก่อน +2

    They have to. It is called the 'reserve ratio'.

  • @spookyfizz
    @spookyfizz 2 หลายเดือนก่อน +1

    Interrupter. I want to hear jacks perspective

  • @vl4lz
    @vl4lz 2 หลายเดือนก่อน

    Drinking from a fire hose! My only interest is in buying CDs and doing biz with banks that won't need the FDIC wish is destined to fail in a major bank crisis. I'll be looking for more knowledge from Chris and interview expertise by Jack. No need to 2x speed this video. It's already there.

  • @brianjamessoden-ku7ly
    @brianjamessoden-ku7ly 2 หลายเดือนก่อน +1

    Thanks!

  • @bgwhalley
    @bgwhalley 2 หลายเดือนก่อน +11

    Are these two father and son? 🤣😂

    • @FusionMacro
      @FusionMacro 2 หลายเดือนก่อน

      Father like son, they both have glasses and the book shelf in the back too haha 😂

    • @dtb7872
      @dtb7872 2 หลายเดือนก่อน

      yes they are.

  • @MrGabrielgn
    @MrGabrielgn 2 หลายเดือนก่อน +3

    All is good until anything sparks a bank run and there is no money there.

  • @keeganc10
    @keeganc10 2 หลายเดือนก่อน

    If you’re in opposition to setting price controls on rent in the most expensive city in the country if not the world, then I’d say your economic outlook is one-sided and doesn’t allow for a balanced market

  • @bobjinessr7957
    @bobjinessr7957 2 หลายเดือนก่อน +3

    Can they clean my house 😅

  • @JDMMACEO
    @JDMMACEO 2 หลายเดือนก่อน

    Ask him about NYBC. He. Was saying it was a well run bank before it almost went bankrupt

    • @JDMMACEO
      @JDMMACEO 2 หลายเดือนก่อน

      Almost bought it before it went down like 70% because this guy sounds like an honest analyst

  • @JWLuke787
    @JWLuke787 2 หลายเดือนก่อน

    wont the largest banks likely just get bailed out again?

  • @askartop2628
    @askartop2628 2 หลายเดือนก่อน +1

    This guy was bearish $c Citi….

  • @Susanthompsons
    @Susanthompsons 2 หลายเดือนก่อน

    I have learnt a lot concerning crypto progress this time and will like to join in . I wish I can get a good mentorship❤

    • @ScottMelker-tg5zv
      @ScottMelker-tg5zv 2 หลายเดือนก่อน

      I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

    • @ScottMelker-tg5zv
      @ScottMelker-tg5zv 2 หลายเดือนก่อน

      Ms. Anna Rodriguez. She is highly adept at t'rading and making significant pro'fits, in my opinion, is excellent.

    • @rahmatullahww
      @rahmatullahww 2 หลายเดือนก่อน

      Seeing a remark regarding my manager Anna Rodriguez is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

    • @andersoncage887
      @andersoncage887 2 หลายเดือนก่อน

      Goodness gracious I'm so excited seeing Ms. Anna Rodriguez been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a TH-cam referral like this

    • @JohnsonLuke-nr4qj
      @JohnsonLuke-nr4qj 2 หลายเดือนก่อน

      Guys, you've just made my day! I've lost so much money on my own. How do I reach her please?

  • @Yunggrippacuz
    @Yunggrippacuz 2 หลายเดือนก่อน

    Love your stuff jack, and chris has great insights. However, his interruptions were annoying as hell and disrespectful

  • @shelteredshaman5992
    @shelteredshaman5992 2 หลายเดือนก่อน +2

    Ha! Trump getting back in the White House. Don't be so confident about that.

    • @mpower1969
      @mpower1969 2 หลายเดือนก่อน

      ???
      This election season is OVER. Dem chances in Nov. are NIL -- they can't steal a landslide.
      Wake up & smell the coffee.

  • @reinhardrinaldo350
    @reinhardrinaldo350 2 หลายเดือนก่อน +1

    Thank 👍👍

  • @MrTigerStarX
    @MrTigerStarX 2 หลายเดือนก่อน +2

    35:27 - Hilarious that he assumes who's going to be the next president.

    • @mpower1969
      @mpower1969 2 หลายเดือนก่อน

      The election is now a foregone conclusion... and private sector folks (agnostic, serious, rational) are always the first to identify/accept reality.
      Dem chances in Nov. are NIL.

  • @ecopsych101
    @ecopsych101 2 หลายเดือนก่อน

    Well guys like kiyosaki brags about being filthy wealthy every damn day on the internet so he creates the face of “landlords”.

  • @dt-jy1ig
    @dt-jy1ig 2 หลายเดือนก่อน +1

    Knowledgeable but rude

  • @witHonor1
    @witHonor1 2 หลายเดือนก่อน

    Kids.

  • @bobjinessr7957
    @bobjinessr7957 2 หลายเดือนก่อน +4

    Get some sun budd everyone needs vitamins

  • @drjs2431
    @drjs2431 2 หลายเดือนก่อน

    Chris, stop cutting Jack off. Let him finish saying what he needs to say, then you can chime in. It’s rude, and irritating from a listener pt of view. Thanks

  • @HelenFred24
    @HelenFred24 2 หลายเดือนก่อน +4

    From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

    • @Beth_CliveJones
      @Beth_CliveJones 2 หลายเดือนก่อน

      Could you please explain how beginners like me can start making this much 😢

    • @JasonBrown564
      @JasonBrown564 2 หลายเดือนก่อน

      I would really love to know how much work you did put in to get to this stage.

    • @HelenFred24
      @HelenFred24 2 หลายเดือนก่อน

      All thanks to *JOSH MOLNAR*

    • @HelenFred24
      @HelenFred24 2 หลายเดือนก่อน

      He's the guy that changed my life for good

    • @HelenFred24
      @HelenFred24 2 หลายเดือนก่อน

      He is a member on Te Le Gram

  • @jcgoogle1808
    @jcgoogle1808 2 หลายเดือนก่อน

    Good discussion.