With the recent 3 bank failures, rising Fed interest rates, looming market crash, Recession, and Biden's new Gun Control edict, it is tough for the agency-seekers to maintain a positive outlook. I brought the goods, enjoy this episode!
Episode Highlights
- Sharing positive messages despite the current events
- Bank failures as a current event topic that is causing concerns
- Banks had a mismatch on their assets and liabilities, borrowing short and investing long
- Depositors saw vulnerabilities due to investments in US
- Treasuries and their worth was decreasing
- Matching your assets and liabilities
- Main challenges that banks are facing
- The role of federal reserve in fixing issues like bank failures
- How the SVB loses money
- Why bond markets crash from time to time
- The Government and Federal Reserve had two choices:
- Admit to the ineffectiveness of their efforts or make the bank whole again
- The government's plan is to print money to keep the economy strong and enact social programs
- President Biden's executive order on gun control
Links and Resources from this Episode - Connect with Gary Pinkerton
- https://www.paradigmlife.net/
- gpinkerton@paradigmlife.net
- https://garypinkerton.com/
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