ilmscore | The Banking Crisis Just Got Worse

The Banking Crisis Just Got Worse

Published: 2023-03-24
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Deutsche Bank is predicted to be in a strong position and may receive a bailout if its situation deteriorates significantly.
"Deutsche Bank does look to be in a very strong position and if anything were to get too bad I would not be surprised if they get bailed out just like every other bank before them."
DBK.DE
Pending
Panicked emotions in the market could escalate the current banking concerns into a more serious issue.
"I would also wouldn't discount panicked emotions turning into a very serious concern because ultimately that could lead to quite a lot happening especially when it comes to investor confidence."
Banking Crisis
Pending
The current US banking situation is unlikely to affect the average person unless they have significant cash holdings in a single bank or are heavily invested in banking stocks.
"for the average person here in the U.S it's probably nothing to worry about especially if you're not holding millions of dollars in cash in a bank or putting your life savings into banking stocks."
US Banking System
Pending
There might be undisclosed deeper issues within Deutsche Bank, which could be the reason for Janet Yellen's emergency meeting.
"there's certainly the possibility that there are much deeper issues than we're currently being made aware of and that might explain why Janet Yellen had an emergency meeting Friday morning."
Deutsche Bank
Pending