About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?Read more
We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.
@@hermanramos7092 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
@@lipglosskitten2610 Christine Jane Mclean, a well-known person in her field, is my advisor. I advise doing more study on her credentials. She is a great resource for anyone looking to understand the financial market because of her extensive experience.
@@hermanramos7092 Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
It's more as if all these people belong to one group, and only come out to speak after one of them has fallen. I've grown to have a sort of mistrust and disdain for corporations. Pulling out majority of my money so I can put somewhere else. Stock market sounds appealing, but I don't know how to get started. I have about $236k to get started with. Any ideas?
We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.
I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.
@@victorlaranjahal This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.
Oh, I'm not really in the business of giving financial advisor, so you are responsible for your decisions. But I have been working with Sharon Louise count, so you could check her out and contact her, if you want.
.....These past few days watching my crypto portfolio decline is very disheartening. Holding doesn't really profit much. Any idea on how to earn better on the short run?
SVB's collapse hasn't made anything better. I feel sad that even though I am investing, I don't have the brain power to dig through how each company is doing, is this a good time to buy stocks or not, my reserve of $450K is laying waste to inflation and I don't know what to do at this point tbh, I need solid data on market trajectory
@Bill I'm literally holding onto straws right now, so your tip couldn't have come at a better moment! I planned to call her after doing a quick internet search for her.
Amazing all the concern about Banks but nowhere near a similar concern for an Economic Contagion from a Student Debt implosion. ... If 'Corp'orations are People, shouldn't People have the same Rights as a 'Corp'oration (i.e. essentially, a Bureaucracy) - that, it is, ultimately, intended to serve. "The People" are not even allowed the Right of 'Corp'arations to claim Bankruptcy from the Debt -- effectively, prevented from fully engaging with and contributing to the larger Economy - incapacitated by a lifelong form of 'Debters Prison.'
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.
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Moved everything last week from Bank of America to schwab. And this ceo is right I’ve bought SCHW stock on every dip. Loyal to the soil. See you guys back at $75
Nice to hear from him. Have always found Schwab to be good to work with. Would like to clarify what the story was with the block trade? It was pretty sudden. Also, about those treasuries... I think (hope) I'm starting to understand better now. In a normal world, it'd be no big deal to hang onto the long term treasuries, if you have the good cash flow to manage in the interim, correct? But what if the debt ceiling is not raised? Better buckle up for that one -
The stock market has been a really tough one this past year, but I watched an interview on CNBC where the anchor kept mentioning "KATRINA VANRENSUM ". This prompted me to get in touch with her, and from August 2022 till now we have been working together, and I can now boast of $540,000 in my trading portfolio.
Nothing really. Just SVB bank was dumb at monitoring risk. They overbought into long-term bonds when interest rates were at the lowest point. Bonds grow inverse to interest rates. When interest rates rose over the past 2 years, SVB got ruined by their bad choices to "go all in" on long-term bonds. Schwab has small exposure to long-term bonds, so they will be okay. Also, Schwab's clients are not tech startups with a 75% failure rate.
80% of reserves in government bonds That is the problem, sir. If enough schwab customers pull their money out, you have to sell that for a huge loss. Same as SVB did. Thats why hes on here trying to calm people and make them keep their money at schwab
Business idea to bypass the pattern day trader rule. You put 25K into a traders account. The 25K is untouchable, but the trader can day trade with whatever funds he puts into the account and is charged a fee. Its a risk free.
What if your money is in a Schwab brockerage account but not in stocks, it’s just sitting on the sideline, then is it still safe? Also, the way it is now I feel like at least up to 250k is safe but if all deposits are insured and there is not enough to bailout all deposits then not even 250k is safe. And can depositers truly be bailed out? Because if bailed out with tax money they are bailing out themselves so they are not being made whole. If they are bailed out with new printed money then the bailout money will be devalued and not worth as much as what they lost even though it is the same amount. At a minimum the fed gov should claw back as much as they can from bank execs.
Nice of him to come out and speak to his investors. Trying to make people feel secure to keep their $$$ in CS. They would hate for many people to take out their $$$….
i think what he meant is that SIPC insurance is for brokers while FDIC is for banks. Broker customers have their assets mostly in investments like stocks, bonds, etfs, derivative products. When brokers go under, those assets will be taken over by other banks and brokers because of the segregation of customer assets and broker assets. If you own apple stocks, you will not lose it when broker go broke. Apple Co. has your records on their book. Bank deposits are a different situation and mostly in cash. Banks then invest those cash into long term bonds to earn more interest while paying customer next to nothing. So when customers are nervous and pull out those cash, they will have to liquidate to honor those withdrawals. SIPC isn't used for paying customers when broker falls but is used in the event of fraud, unlike banks, got it!!!
They are buying TD Amritrade though right? And TD Ameritrade has messed around retail holders of OTC stock MMTLP. 65,000 shareholders are still waiting to receive their funds. counterfeit shares. Naked shorting. Total mess.
Yea something seriously wrong on the false accusations… Charles Schwab bank is marketed towards the middle and upper class consumers, “usually” those types of customers know what’s up. CS is after the big fish meaning, they must the bank operators must be super smart in running there business.
Financial freedom starts from financial education. We always teach families that building their financial foundation first like the emergency funds, insurance protection and then put the money into the safe investment like indexed linked downside protection and upside growth. Warren Buffett has 2 rules for investment: Rule 1 Don't lose money, Rule 2, remember Rule 1. And after you have the solid foundation and peace of mind, you can use the play money to do the risky investment. Even you lose, you won't feel it is a big deal. For the majority, we are busy working for a job and have no time to watch the stock market. We prefer peace of mind after working hard for a whole day. How much is peace of mind worth?
Hey Schwab , how many mortgages were sold recently? Is this due to higher rates or it’s because future home buyers would rather buy stocks vs circulation of currency . What’s it cost to borrow margin on your brokerage app ? Vs 3 years ago . Maybe my math is off
You don't think any of the current inflation had anything to do with all of Trump's deployment of stimulus in 2020? If you don't then you are a fool. I'm not a big Biden fan but take off your political blinders because you sound a little ignorant.
I’m a Schwab Client. The 80% of bank deposits in US govt paper is concerning. The increase in interest rates is forcing the value of that paper down. So withdrawals at the bank will force a sale of that government paper at a loss.
You are one of the few people on social media that understands that the US Bonds are the toxic assets and it is likely all Bond Portfolios are carrying unrealized losses. This was a poor interview. We need to know whether they are mark to market and how much are the unrealized losses.
@@bigbubba4314 No one wants to ask the hard questions. Due to the Fed's misguided rapid rate hike policy, there is a chance that every public company balance sheet is awash in unrealized and unreported losses due to these Gov bonds. The Fed is likely figuring out that they created a mess and will likely act to lower rates before the situation goes out of control.
@@harrychu650 that is really disappointing, huh? To think that these giant banks have entire teams whose job it is to monitor these investments, trade and swap them when necessary to mitigate the losses. Hell, absolutely zero of these rate increases was a surprise. There were several days, if not weeks of notice.
Like every FDIC insured bank, they are sitting on huge unrealized losses from all of the bond debt stuck at 2 percent. There is a half a trillion dollar hole in our banking industry, in terms of unrealized losses, sitting in govt paper.
Nice pump and dump so far. Buy at the bottom, tell everyone to buy and they dump. Schwab needs to dump their banking side and only focus on the brokerage side. Their forte isn't banking it's investments and brokerage.
80% Government "Paper" is the toxic asset that doesn't need to marked to market. The question to ask should have been whether his Balance Sheet's US bond portfolio has unrealized losses. Chances are they do. But all bond portfolios have unrealized losses due to the misguided Fed rate hikes.
@@knotscapital destroy the dollar, that is exactly what is gonna happen when all penssion funda etc start selling in needs of Cash. This us 2008 2.0
@@knotscapital In your day to day, do you feel the inflation problem has gotten better since the FOMC began their campaign of terror? I do not subscribe to the Philips Curve academic theory, nor do I believe higher rates or causing white collar layoffs to ease wages of line cooks will ever solve the inflation problem. The source of the inflationary pressures is coming from the Ukraine Conflict and it will not ease until that is resolved. Fiscal policy must be changed, etc.
He said "with them" keyword listen. The reason that's important is because they're also their customers. That implies they like the product you silly goose.
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work for me
fact is his balance sheet is garbage. WAY TOO MUCH RISK. I have an account there and probably will be moving it. equities are safe, but I wouldn't have cash sitting around there
People panic and do all kinds of stupid stuff. This is how Warren Buffet has been so successful...he finds companies that are great companies with great balance sheets for but unexplainable reasons they are way down.
👍👍👍👍.I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. i need to know how to go about it.
@Dan Graig there's a lot of money to be made in crypto. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up. Please do you mind sharing any means of reaching out to him easily? I'm really interested.
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work for me
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work for me.
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work for me
What a conscientious fellow, Charles Schwab's CEO Walter Bettinger. Nice interview.
:-)) .. The Diff is, Dems are Pro-Business!
Whereas, Cons are 'Pro-Rotten' Business!
About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?Read more
We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.
@@hermanramos7092 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
@@lipglosskitten2610 Christine Jane Mclean, a well-known person in her field, is my advisor. I advise doing more study on her credentials. She is a great resource for anyone looking to understand the financial market because of her extensive experience.
@@hermanramos7092 Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
I am a huge fan of SCHW and use them as my primary checking also. Great platform.
It's more as if all these people belong to one group, and only come out to speak after one of them has fallen. I've grown to have a sort of mistrust and disdain for corporations. Pulling out majority of my money so I can put somewhere else. Stock market sounds appealing, but I don't know how to get started. I have about $236k to get started with. Any ideas?
We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.
I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.
@@victorlaranjahal This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.
Oh, I'm not really in the business of giving financial advisor, so you are responsible for your decisions. But I have been working with Sharon Louise count, so you could check her out and contact her, if you want.
@@victorlaranjahal I just looked her up and sent her a mail. Thank you. Any idea if her service includes managing family portfolio?
.....These past few days watching my crypto portfolio decline is very disheartening. Holding doesn't really profit much. Any idea on how to earn better on the short run?
SVB's collapse hasn't made anything better. I feel sad that even though I am investing, I don't have the brain power to dig through how each company is doing, is this a good time to buy stocks or not, my reserve of $450K is laying waste to inflation and I don't know what to do at this point tbh, I need solid data on market trajectory
I'll suggest you find a mentor or someone with experience to guide you especially in this recession
@Bill Who is this person? Is she worth recommending
@Bill I'm literally holding onto straws right now, so your tip couldn't have come at a better moment! I planned to call her after doing a quick internet search for her.
A great company and easy to do business with
Amazing all the concern about Banks
but nowhere near a similar concern for
an Economic Contagion from a Student
Debt implosion. ... If 'Corp'orations are
People, shouldn't People have the same
Rights as a 'Corp'oration (i.e. essentially,
a Bureaucracy) - that, it is, ultimately,
intended to serve. "The People" are not
even allowed the Right of 'Corp'arations
to claim Bankruptcy from the Debt --
effectively, prevented from fully engaging
with and contributing to the larger
Economy - incapacitated by a lifelong form
of 'Debters Prison.'
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.
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
I Researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.
Commendable for appearing and addressing this publicly
Moved everything last week from Bank of America to schwab. And this ceo is right I’ve bought SCHW stock on every dip. Loyal to the soil. See you guys back at $75
I trust my brokerage more than I trust banks. SCHW was my second choice behind Fidelity. Moved money into my brokerage from WF.
And there you have it. One of my favorite bank's. I notice how tight of a ship that bank is when I call. Good Job CS
Nice to hear from him. Have always found Schwab to be good to work with. Would like to clarify what the story was with the block trade? It was pretty sudden. Also, about those treasuries... I think (hope) I'm starting to understand better now. In a normal world, it'd be no big deal to hang onto the long term treasuries, if you have the good cash flow to manage in the interim, correct? But what if the debt ceiling is not raised? Better buckle up for that one -
Nancy, I had the same question. What if the debt ceiling is not raised?
The stock market has been a really tough one this past year, but I watched an interview on CNBC where the anchor kept mentioning "KATRINA VANRENSUM ". This prompted me to get in touch with her, and from August 2022 till now we have been working together, and I can now boast of $540,000 in my trading portfolio.
That's right, getting in touch with a consultant during the pandemic was how I was able to scale through the crazy stock downtrend.
That's massive. Can you please connect me with your personal broker, I would love to work with her
Like I said earlier , her name is KATRINA VANRENSUM and you can reach her via her website.
Just run a search on her name, and you would see all you need.
Thanks for the info . Found her website and it really impressive
What the hells going on with Schwab stock? Best brokerage of my lifetime
Nothing really. Just SVB bank was dumb at monitoring risk. They overbought into long-term bonds when interest rates were at the lowest point. Bonds grow inverse to interest rates. When interest rates rose over the past 2 years, SVB got ruined by their bad choices to "go all in" on long-term bonds. Schwab has small exposure to long-term bonds, so they will be okay.
Also, Schwab's clients are not tech startups with a 75% failure rate.
It is a buying opportunity. Back up the truck.
Powerful company, customer satisfaction.
Just bought some Schwab stock today. Too ripe of an opportunity to pass up
I have my money with Schwab.
Also regret not getting a fill on my trade yesterday! woulda made an easy 20% overnight
I put over $21k in my SCHW over the last two months. I'm good with SCHW
you are broken
@@a.n.7761 😅😂😅😂😅😂😅
@@61zulu61 Idk but I decided to buy my First Schwab shares. Maybe I am going broken too.
@@a.n.7761 I'm in cash at Schwab been cash for three yr now. I can't time the bottom but the market has more room to fall
@@61zulu61 I am a noob but I cant believe that it goes more deeper
He knows some players will get eliminated, and who ever is left standing will come out bigger and richer.
Yes, but also there is a difference between brokerage vs bank assets. FDIC vs SIPC is different. People are panicking over nothing
Contagion risk non-existent in my opinion, but certainly opportunities now for investors out there!
Ngl I wish I lived closer to their banks after that interview 😊
We’re about a few days out from Cramer telling people not to take their money out of Schwab
Money is going in. They are a few that can take in money from the rich.
😂
Panic selling represents buying opportunity for those who are liquid.
80% of reserves in government bonds
That is the problem, sir.
If enough schwab customers pull their money out, you have to sell that for a huge loss. Same as SVB did.
Thats why hes on here trying to calm people and make them keep their money at schwab
woke power. let's go brandon the best potus in the history of the universe.
Business idea to bypass the pattern day trader rule. You put 25K into a traders account. The 25K is untouchable, but the trader can day trade with whatever funds he puts into the account and is charged a fee. Its a risk free.
lol, I was expecting Chuck to show up.
He is not the CEO
What if your money is in a Schwab brockerage account but not in stocks, it’s just sitting on the sideline, then is it still safe? Also, the way it is now I feel like at least up to 250k is safe but if all deposits are insured and there is not enough to bailout all deposits then not even 250k is safe. And can depositers truly be bailed out? Because if bailed out with tax money they are bailing out themselves so they are not being made whole. If they are bailed out with new printed money then the bailout money will be devalued and not worth as much as what they lost even though it is the same amount. At a minimum the fed gov should claw back as much as they can from bank execs.
Nice of him to come out and speak to his investors. Trying to make people feel secure to keep their $$$ in CS. They would hate for many people to take out their $$$….
Maybe he can sell some puts and use the premium to buy a new mic.
I did find it curious that he chose to speak in a middle school cafeteria. ;)
SIPC does not only cover if its fraud. He is the CEO and doesn't know this?? Come on!!
indeed
i think what he meant is that SIPC insurance is for brokers while FDIC is for banks. Broker customers have their assets mostly in investments like stocks, bonds, etfs, derivative products. When brokers go under, those assets will be taken over by other banks and brokers because of the segregation of customer assets and broker assets. If you own apple stocks, you will not lose it when broker go broke. Apple Co. has your records on their book. Bank deposits are a different situation and mostly in cash. Banks then invest those cash into long term bonds to earn more interest while paying customer next to nothing. So when customers are nervous and pull out those cash, they will have to liquidate to honor those withdrawals. SIPC isn't used for paying customers when broker falls but is used in the event of fraud, unlike banks, got it!!!
Breaking news!! Bank President says all is well with the banking industry! More at 10…
Super discounted!
They are buying TD Amritrade though right? And TD Ameritrade has messed around retail holders of OTC stock MMTLP. 65,000 shareholders are still waiting to receive their funds. counterfeit shares. Naked shorting. Total mess.
This interview felt very Alam Schwartz 2008...
Time, she tells...
Damn when the CEO comes on the show, you know something is seriously wrong.
Yea something seriously wrong on the false accusations… Charles Schwab bank is marketed towards the middle and upper class consumers, “usually” those types of customers know what’s up. CS is after the big fish meaning, they must the bank operators must be super smart in running there business.
Time to buy Schawbs dip
Financial freedom starts from financial education. We always teach families that building their financial foundation first like the emergency funds, insurance protection and then put the money into the safe investment like indexed linked downside protection and upside growth. Warren Buffett has 2 rules for investment: Rule 1 Don't lose money, Rule 2, remember Rule 1.
And after you have the solid foundation and peace of mind, you can use the play money to do the risky investment. Even you lose, you won't feel it is a big deal. For the majority, we are busy working for a job and have no time to watch the stock market. We prefer peace of mind after working hard for a whole day.
How much is peace of mind worth?
He spent 1/8 of the vid talking abt thank you
Hey Schwab , how many mortgages were sold recently? Is this due to higher rates or it’s because future home buyers would rather buy stocks vs circulation of currency . What’s it cost to borrow margin on your brokerage app ? Vs 3 years ago . Maybe my math is off
Interest rates are soaring thank you Joe Brandon !
woke power. let's go brandon the best potus in the history of the universe.
You don't think any of the current inflation had anything to do with all of Trump's deployment of stimulus in 2020? If you don't then you are a fool. I'm not a big Biden fan but take off your political blinders because you sound a little ignorant.
I’m a Schwab Client. The 80% of bank deposits in US govt paper is concerning. The increase in interest rates is forcing the value of that paper down. So withdrawals at the bank will force a sale of that government paper at a loss.
You are one of the few people on social media that understands that the US Bonds are the toxic assets and it is likely all Bond Portfolios are carrying unrealized losses.
This was a poor interview. We need to know whether they are mark to market and how much are the unrealized losses.
@@harrychu650 fortunately I only ever have about $500.00 in Schwab bank ant any time. I use their Schwab1 account as my primary checking account.
@@bigbubba4314 No one wants to ask the hard questions. Due to the Fed's misguided rapid rate hike policy, there is a chance that every public company balance sheet is awash in unrealized and unreported losses due to these Gov bonds. The Fed is likely figuring out that they created a mess and will likely act to lower rates before the situation goes out of control.
@@harrychu650 that is really disappointing, huh? To think that these giant banks have entire teams whose job it is to monitor these investments, trade and swap them when necessary to mitigate the losses. Hell, absolutely zero of these rate increases was a surprise. There were several days, if not weeks of notice.
You must have a tiny account if you're concerned about the 80%.
He just sold 286,000 dollars of company stock in “Insider” filing!
Actually, he bought 3 million bucks worth of stock. Look it up.
I think Enron CEO said the same thing day before it went bankrupt, just saying
They all do.
"We're fine!"
It's like a mantra.
But I thought nobody sees the wizard no how.
Never invest in bank, investment firms, nor builder stocks.
When rates start to go down, FRC stock will rise. This rise will result in a short squeeze which will sky rocket the price even higher
They’ll make another movie about whatever happened over last weekend
Svb was a successful pump and dump/no cyop mention that.
Nor did any depositor of SVB get interview just cyops. Enough cyops
Like every FDIC insured bank, they are sitting on huge unrealized losses from all of the bond debt stuck at 2 percent. There is a half a trillion dollar hole in our banking industry, in terms of unrealized losses, sitting in govt paper.
Nice pump and dump so far. Buy at the bottom, tell everyone to buy and they dump. Schwab needs to dump their banking side and only focus on the brokerage side. Their forte isn't banking it's investments and brokerage.
80% Government "Paper" is the toxic asset that doesn't need to marked to market. The question to ask should have been whether his Balance Sheet's US bond portfolio has unrealized losses. Chances are they do. But all bond portfolios have unrealized losses due to the misguided Fed rate hikes.
@@knotscapital destroy the dollar, that is exactly what is gonna happen when all penssion funda etc start selling in needs of Cash.
This us 2008 2.0
@@knotscapital In your day to day, do you feel the inflation problem has gotten better since the FOMC began their campaign of terror?
I do not subscribe to the Philips Curve academic theory, nor do I believe higher rates or causing white collar layoffs to ease wages of line cooks will ever solve the inflation problem.
The source of the inflationary pressures is coming from the Ukraine Conflict and it will not ease until that is resolved. Fiscal policy must be changed, etc.
That's why you're not managing billions and left to criticize on youtube.
Attack the energy sector of your own countries economy and the Petro dollar dies. Way to go Brandon!
woke power. let's go brandon the best potus in the history of the universe.
Failure is an option now, because depositors money is always safe.... according to joe
Well now it is coming to your brokerage of Charles Schwab!
nothing to see here. everything is fine.
Free atm fees my man
Sick Puppies- You're Going Down
well it also mean the #1 seller is SCHWAB too every buyer must have a seller?
He said "with them" keyword listen. The reason that's important is because they're also their customers. That implies they like the product you silly goose.
PUMP IT
He needs a taxpayer bailout, socialism
Charles Schwab ova here
Investing conservatively might mean buying up tons of 2% treasuries a year ago that can't be sold if money is needed
They absolutely can be sold, they just have to take a loss on each bond. They are significantly larger than SVB and have access to far more liquidity.
Bonds went through crash. Buying any bonds a year ago could be a loser. 2 year bond magically shot up recently. Who can predict that?
Run on the Brokerage
That's a new one... interesting concept.
Im free of all regionals this guy is toast
He says they’re well positioned and conservative, but go look at their debt vs equity
$65 dollar calls thank me later
sell everything!
Good interview, what else is he going to say? It’s not like he can come out and say we’re all f@&ked
The make money either way the market goes.
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work for me
fact is his balance sheet is garbage. WAY TOO MUCH RISK. I have an account there and probably will be moving it. equities are safe, but I wouldn't have cash sitting around there
No one is safe here.
Even Schwab, could fall in matter of days..
Sounds like the former Bear Stearns CEO
Share price is down 30% in a week yet you are seeing in flows of customers......I smell BS. Something is obviously up here.
People panic and do all kinds of stupid stuff. This is how Warren Buffet has been so successful...he finds companies that are great companies with great balance sheets for but unexplainable reasons they are way down.
Yeah because the stock market is always logical and never panics
I’m sure they are seeing outflows but unless it tips the scale to the level where liquidity get crunched - it’s a non issue
@@NicoSportscards they're seeing in flows from people buying the dip the sellers are on other platforms how hard is that to understand?
👍👍👍👍.I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. i need to know how to go about it.
@Dan Graig there's a lot of money to be made in crypto. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up. Please do you mind sharing any means of reaching out to him easily? I'm really interested.
@Dan Graig Ok, just found his website, impressive, Thank you.
Lol so many bots in the comments... I uSe ScHwAb'S aLl tHe TiMe tHeY aRe So GoOd
Define bot.
Don't worry as they pull out there money.
Go Woke, go broke.😂😂😂😂😂
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work for me
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work for me.
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work for me