Andy Scectman and Lynette Zang Wednesday 11-1-2023
We're Approaching The Tipping Point | Andy Schectman
Liberty and Finance: 10-31-2023
The bond market is breaking down, and nations and investors are losing confidence in U.S. debt. Instead of Treasuries, the mainstream store of value will be precious metals soon, forecasts Andy Schectman, CEO & president of Miles Franklin.
We're approaching a tipping point, he says. He believes it is important to get a core position in hard assets while supply is available.
INTERVIEW TIMELINE:
0:00 Intro
2:30 The tipping point
9:57 The macro view
Insiders Cash Out as the Empire Crumbles
Lynette Zang: 11-1-2023
Jamie Dimon's plan to sell $141 million in JP Morgan shares has raised questions about the timing and his motivations.
Potential reasons could include financial diversification, tax planning, or concerns about the changing financial landscape.
The central focus remains on ensuring banks maintain ample capital in a shifting financial environment.
CHAPTERS:
0:00 Bank Collapse
1:02 Jamie Dimon Plans To Sell
4:34 Bank Stocks Sink
9:14 Banks Grapple With Write-Offs
11:16 Volatility
14:15 How Inflation Impacts You
17:04 Protect Your Purchasing Power