"Global Banking Crisis" Thoughts from Sean Foo and David Lin 3-13-2023
SVB Collapse: The Banking Crash Has Begun! | BAILOUTS ARE BACK
Sean Foo: 3-13-2023
Silicon Valley Bank has collapsed. A massive bank run has happened and this contagion has spread with the fall of Signature Bank!
The Fed's rate hikes are crashing Wall Street with major banks getting exposed with big bets on US bonds.
This is why you need to get your money out and why the recent depositor bailout isn't good news!
Timestamps & Chapters:
0:00 A Massive Banking Crisis
1:50 SVB's Epic Collapse Explained
4:35 A Broken Business & Risky Bets
7:26 Bailouts
10:11 Big Systemic Risks Are Building
11:43 Get Out Now!
Silicon Valley Bank collapse: Start of global banking crisis? Economist reveals even bigger risk
David Lin: 3-13-2023
Economist Sam Burns, chief strategist at Mill Street Research, discusses the top macroeconomic risks investors face today, as well as the the possible contagion effect of the worst banking failure since 2008.
0:00 - Top macroeconomic risk
2:24 - How bad will this recession get?
4:35 - Unemployment rate forecast
7:40 - Silicon Valley Bank collapse
9:20 - Fed monetary policy
15:35 - Stock market outlook
18:06 - Bonds
19:15 - Top investment picks
21:55 - Mill Street Research