Just Leaked Report Shows 7 Banks Are Facing Major Liquidity Issues
Вставка
- Опубліковано 1 жов 2024
- CTA-Timer Pro (Trade with the Machines) $30/mo -- Only $1 a day!
marketsinsider...
Markets Insider Pro™ (Steve &, Jeff's Research and Trade Reports) -- Currently $60/mo with coupon (follow the link below) before the last of the coupons go.
www.marketsinsi...
Portfolio Shield™ (Steve & Jeff's Momentum-Based Investment Strategy)
stevenvanmetre...
Portfolio Shield™, Momentum Timer Pro™, and Markets Insider Pro™ are unregistered trademarks of Steven Van Metre Financial.
Atlas Financial Advisors, Inc. (AFA) is a registered investment adviser and the opinions expressed by (AFA) on this show are their own and do not reflect the opinions of UA-cam. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.
Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.
Public comments posted on this site are not selected, amended, deleted, or sorted in any way. If applicable, certain editing of personal identifiable information and mis information may be deleted.
Inflation is actually much higher than reported.
Much!!
I can assure you that the prices of groceries continue to rise a lot, regardless of the manipulated reports you are referring to!
Grow your own garden and raise your own meat. That's what we do in rural South Dakota
The problem with Dollar General is that half their stores are un-shoppable. They have sent so much stock to stores with no employees working to shelve it. Many stores are packed with full carts of packaged merchandise. It blocks access in the narrow isles to what stuff is actually left on the shelves. Complete cluster. There are ones I pass by on the regular that I wouldn't even consider going in for the smallest item.
They can’t stock shelves because they can’t hire for slave wages. Also, cheap prices bring some pretty crappy customers. Just saying.
Problem is no one wants to work
you are totally correct - I have one 200 yards from my house - it is always a mess
That's why we need the migrants?
@@dww1213 it's why we need to stop paying people not to work
Bank of England could be in a doom loop. George Gammon picked up on this.
Uk house prices first annual fall in a decade. Transactions down 20%.
Massive increase in shoplifting
Lots of job vacancies but high staff turnover due general understaffing and poor conditions. Especially service sector; posting jobs because they know staff will leave first chance they get.
We're selling (or pawning) all the crap we accumulate during the pandemic.
The second biggest exporter in Portugal (a huge auto plant group from VW and Ford, responsible together with all the parts suppliers for around 5% of all Portuguese exports) just announced the stoppage of production for 2 months ... until mid November ... we'll see if that's just 2 months ... thousands of workers and indirect activities stopping ...
I'm in Detroit and I've worked at Ford. This is a union contract year. They always stock up on inventory in case of a strike.
@@wantsome-zs5sq You are wrong. I'm Portuguese and I know the situation there.
I took a cross country trip last week and saw no indication that people are concerned. Motels and restaurants were busy. I saw no shortage of customers in shops.
I don’t have a Facebook account but I wish you well with any health issues you may have. You are in my prayers.
It is all just camera issues there is nothing wrong with his health.
You're a smart guy! Never had FB either!
@@donbxman7080you're not missing anything. It turned into a bullsh!t loop of algorithms forcing things on you. I stopped using it a year ago and I'm glad I did
Keep the content coming! I love how he always answers why the video’s background is located in a certain place. It cracks me every time!
What 7 banks?
I see the dollar general stores in my area cannot get any employees, the stores are open whenever. That would impact sales if this is everywhere.
Holy mother of bot spam
Prayers for your health🙏🙏
Dollar general fucking sucks. Dollar tree is the bomb. Chips… a dollar… fancy pop in glass bottles…. A dollar. Nothing name brand but everything a dollar. There’s a dollar general across the street so I check it out. Chips….3.50…. Pop 3.50. Everything name brand, same stock and price as a grocery store
Hey Steve, I love your show. With a white face or a red face, don't matter!! You always put out excellent research, analysis and commentary!! And also seem to have consent keen insight into the global macro situation in the economy!! Keep up the good work 👏!!
Credit Card Rates have jumped to an incredible high, citing the Fed's rate hiking. So ironically, they are allowing you to continue the old minimum payment, yet the additional interest is getting tacked on the principle with addition fees to do so, without disclosing that fact to the public.
A position was posted in the bank I worked for. First day there were 180 applications.
That’s REAL data.
It’s been that way for weeks.
And before that it was bad.
If these banks are facing liquidity issues, I suppose your savings will be.
So please hurry and do a bank run and hide all your pennies you have made so far
under the small mattress you have in your family, shortards.
Steve, you look like you could be a cashier at Dollar General
Meanwhile, your parents wish you kept a job! 😜 🤪 😁 🤣 😂
Lehman crashed 6 months after Bear. We're due for the main event now 6 months have lapsed since Signature failed.
Bring the pain
The financial sector is done gone and needs a crash to reset itself. There is nothing they can do to turn this around except a crash 💥
You mean a deep crash. Normally crash means 20%. We need. 50% cut to all goods and services, energy and subsidies
🙏🏻 for your health. Won’t go near Facebook. Not sure why anyone supports that guy
This why lately I have been inundated with checking, savings, and CD offers from every bank and credit union in my state.
B.S. Excluding food & energy costs from the inflation numbers makes the number meaningless.
I don’t buy that people have disposable income to spend, rather they’re just…. spending.
The sooner we dump the sooner the ded cuts and pivots
Wait... The savings RATE decreased. I read that as 'lower amounts applied monthly to savings' not 'dipping into a reserve of savings'. Where can we find out for sure? Because in this era of credit tightening I want to be sure that my actions reflect the opposite. I am maintaining my monthly rate of savings, and I am certainly not dipping into my savings account.
Steve if you’re a vampire you can tell us
I hope you didn't take the jab.
Maybe it’s by design
Don't worry, sloppy Joe has everything under control.
I really didn’t notice you looked like a vampire 🧛🏻 yesterday, Steve
Raise those rates and keep them there forever.
Not possible Steve ; since March , banks just park their underwater Treasurys at the FED and take cash for the full amount - u have short memory 😅
Whats with the guy in the mask? Been looking at the same thing this whole time!
If my memory serves me correctly, it's been a catastrophic diseaster/end-game nightmare in every broadcast for the last 2 months.
It's been well over 12 months, every time I check back in it's supposably imminent 😅
It's starting to get very funny indeed - better than a comedy program 😀@@paulking9479
The Fed Should NOT be Dictating Interest Rates in a "Free" Market Economy. Let Supply/Demand Determine the Price of Borrowing
There already is a major outflow of Deposits. The BIg Banks just issued 78 Billion in Debt instruments to replace the deposits they no longer have on hand.
Take your money out of anything supporting Blackrock, Vanguard and Statestreet and save this world!
Forget looking at the consumer and focus on oil. Inflation is going to go back up. Especially once the fed reverses course when it sees all the damage they created. Our reserves are low and even though demand is decreasing oil is still going up. Oil prices spread to other prices. I believe we haven't seen the end yet
You are so right!!! I think so too !!!
OPEC MAFIA CONTROLS OIL
Inflation is much better unless you buy anything and then… not so much.
This recycled doom and gloom reporting from this guy is getting old. Same line from Steve every episode. Yes, eventually he’ll be right, but in the meantime his “prophecy” is getting comical😂
Hi Steve hope you feeling better , forget the rich and poor the gap between the upper and lower middle class is increasing ang the government need to address this problem as soon as possible with taxes . the inflation is not contained as Powell said.
No they need to remove themselves entirely from the building sector. Let free market and communities decide.
Powell has a stable job, put his but on the line and things will be different
So what you're saying is, companies will keep their staff until after black friday and Christmas and then massive layoffs will start
Jim Cramer recommended buying Bank of America. That is the kiss of death
You are the best and most intelligent guy out there. Not as funny as Bravo and you do not ride tricycle as well as Ninja.
My son owns a Dollar general franchise. He tells me sales are somewhat down but the biggest problem right now is theft. Stealing mostly back to school items and soon to be Halloween items. People mostly stealing items for kids
@@northharriscollege Well if you have $300k laying around and another 50k for the franchise fee you can own one too
That is sad 😞😞
20:00 yikes!!!! ☠☠☠☠☠
Not disposible income, people are charging on cards and spending all their savings.
Love you bro, looking great.
Domino effect will come in winter
The great reset 2024 🔥🔥💯
I really hope they don't cut rates back to zero...
Horrifying
Middle East dumping bonds leads to ?
Time for a good old fashioned crash
I will be following the story of the vampiric look
Jehovas witnesses knocked our door the other day. They seemeed extremely thrilled and happy. At least theres some people that like these times
The two primary responsibilities of the Fed is to keep people employed and to keep inflation at bay. They have failed on both scores. Have you ever given thought to the possibility that the smaller banks are sent to failure to consolidate their assets in the hands of the several main Fed banks?
DG is overpriced and shabby
I know fear sells but the chart still says bull market.
Nothing wrong with being a vampire
Thanks Stee, looking good!
2023 had the largest
FED DISCOUNT WINDOW bail out ever. Worst than 2008!
Look at oil breaking out. Its guna get ugly
very helpful thanks
Lagged effect. "In the two decades through 1990 it typically took about six quarters (1.5 years) {Jan 2022-July 2023} for a change in rates to fully feed through to real GDP growth, but the lag appears to have increased after government and central bank balance sheet expansions after 1990 distorting and perverting the indicators." America' is currently running an annual deficit at 9% of GDP. That's an extremely high percentage historically and we've practically never run a deficit this high with unemployment this low. We're essentially running a wartime recession deficit in a peacetime booming economy which has offset the Feds tightening monatary policy 500% rate hikes over the last 18 months. How high will the deficit go once the USA actually falls into a deep recession in 2024.
Steve we are in stagflation and the FED can’t lower rates. Which will exacerbate the stagflation. The fiscal policy MUST change my decreasing spending to force the economy into minor depression to adjust the trajectory of the debt bubble.
Oh Steve! We either save our Government or save our Dollar…Store!
I’m getting my 🛒 to do some grocery shopping! Halloween 👻spooks are visiting!
Steve , I didn’t know you shopped at Dollar General ? I thought I saw you and Ninja there, in the soda isle !!!😂😂😂😂
Oh My God!!! The world is ending Steven? Again? and Again? and Again, and again, and again, and again.......
I disagree that the inflation issue has passed. Inflation is rarely a single event but usually is multi surge events. We have only gone thru the inflation cause by government monetary policies. Now, we will have the inflation starting caused by labor demanding higher wages due to their huge losses caused by the previous inflation. If you don't believe it's already happening, look at companies such as UPS and American airlines being forced to give huge pay increase just to keep the company doors open. These labor demands will surge thru the entire economy as labor attempts just to compensate for government inflation. And that doesn't even consider the governments endless spending increases regardless of what the Fed trying to do with monetary policy.
Bidenomics.
Great report.
I love D.G. my dollar general has regular groceries in my little hick town.
Dollar General is STUPID expensive in my town
I see Halloween stuff, I see Thanksgiving stuff, and I also see Christmas stuff all at the same time in the local stores.
It would be interesting to know how many borrowed agents or cashed out there 401k ‘s
I guess what Steve is saying that there's a lot of poop about to hit the fan, but the problem is being exacerbated by a lot of broken fans.
shore up your liquidity before it's too late... we told u not to start it and you did... so deal with the consequences -_-!
The DG in my area cannot get employees as they pay too low. The only ppl they can get are drug addled. The store is totally disorganized all the time and dirty. I went their twice, no more.
BLS BS to be below expectations tomorrow. Red dot on Green Dot Bank.
Looks like the Federal Reserve Board headquarters is overheating.
Omg dollar general is what you base it off of? Maybe they are making more money and going elsewhere
The only your revenues is oil.. But i see your API still down so the risk is still high so its probably still makes high interest rate
DG sales up Y/Y, margin down. Future forecasted sales down
Time once again for a good old Great depression
good luck Steve with your health issues
I never buy what I need. I only buy what I want. So there. Lol
Buying pencils and pens for school helps
Particularly valuable and articulate on the banks. Thanks Steven
Does the fed really think that or you gullable
Whats the best recession/depression proof job(s)?
Steve I never really believed you looked like a vampire.
Their shelves are half empty!!!!
Only 7. the situation is far worse than that.
Vampire Steve would a good name for a movie
What would you invest your money into ??
Or things are not that bad yet, because people have not traded down to Dollar Gerneral et all yet.
One day steven will be right. lol!
Disinflation already started...