NatAlliance Securities global fixed income head Andy Brenner and Euro Pacific chief economist Peter Schiff react to the Fed’s decision to pause rates on ‘The Claman Countdown.’ #foxbusiness #clamancountdown
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Check out the economic ninja…great information
This is scary. Rich people pay politicians to make sure they get access to taxpayer funds first when banks shutter or they're in jeopardy of losing all their money. I feel bad for the lowest paid workers that may be affected, but not CEO's. A lot of them have created this abusive corporate pay structure where they are paid 300 to 400 times above the salary of entry level workers. Most add very little value. They posture and perform with speeches, meetings, and excessive travel to provide the appearance of working hard. It's a con.
It hasbegun
The damage has already done and the effects are in place now with the collapse of regional banks couldn't have happened if the US Public Debt was contained. Assets could be Selled off to Larger Banks as a part of Asset Conversion for Debt Riddance.
People are affected by inflation far more quickly than they are by a stock or property market crisis because it directly impacts their standard of living. The current level of negative market sentiment is not surprising. To survive in this economy, we urgently need your assistance. The ETF/Equity market continues to fluctuate.
Can’t wait for republicans and democrats to bail them out yet again.
Hilarious I love it
IT JUST SEEMS LIKE EVERYTHING HAS GONE DOWNHILL EVER SINCE BIDEN AND HIS CULT TOOK OVER!
PETER SCHIFF IS RIGHT👀
Banks can sell their treasuries for par value saved the banks
The negative impact of SVB and SI debacles has been reflected in the regional bank ETF (KRE) which has witnessed a decline of over 20%. This event has triggered contagion effects, dragging the entire market lower. However, historically speaking, a localized and narrow contagion of this nature presents an opportune time to invest in strong, financially stable companies with substantial cash reserves on their balance sheets.
Why just the regional banks? Big banks are offering lower interest rates on savings and CD accounts while the regional banks are offering much higher rates. Seems like big banks are trying to stoke fear into the minds of people so they can continue to offer lower rates on deposits while also benefiting off of charging higher rates to those that need a loan.
It's all by design .
why everyone worried about a crash so what, its happened a lot its healthy not gonna get there any other way, Fed plays the cards they dealt, probably just worried about dems getting voted back in, doubt its anything other than that
Citizens can't trust banks with their money. Banks tout security and privacy but in reality, they are obligated to give all your financial data to the government. People need to wake up.
God bless America
If the Government can just print more money whey do we have to pay taxes?
Rino fox no mention this is the plan so they can come and say your money is still good, safe and secure if you sign up for the fed's cbdc. Pretty sure Murdoch knows because he sure seems chummy and agreeable to the left's policies imo. How's that employee policy going for ya, figure out the bathroom policy yet, how bout your report on that?