Mike Maloney, Lynette Zang and Greg Mannarino 5-1-2023
BANK FAILURES: "My Feeling Is This Is Just Ramping Up...It is International Now"
Mike Maloney: 5-1-2023
The banking crisis is over. At least, according to Jamie Dimon of J.P. Morgan.
After First Republic Bank collapsed over the weekend and regulators sold the firm to J.P. Morgan, Dimon remarked, “this part of the crisis is over.”
If you trust big bankers like Dimon, Silicon Valley Bank, Signature Bank, and now First Republic Bank were simply bad apples that have now been weeded out.
We’re being told that the issues plaguing banks are solved and that banks should experience smooth sailing going forward.
In today’s video, Mike examines the facts and exposes some troubling signs brewing in the banking system. We could see some other banks in trouble soon – and some of the big names might surprise you.
Bank Failures: A HUGE Problem You Might Not Know About
Lynette Zang: 5-1-2023
We have coming up in June of this year, 2023, which is that transition from LIBOR or that interest rate benchmark that was created in the eighties and is in every single contract out there to in the US it's SOFR, but in different countries there are few other transitions.
The Entire System Is BREAKING! And Its A Set Up For What Is Coming.. BE READY.
Greg Mannarino: 5-1-2023