MORE BANKS ARE COLLAPSING (How To Prepare)
Published: 2023-04-28
Status:
Available
|
Analyzed
Published: 2023-04-28
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Chinese Yuan has become the most used cross-border currency for China.
"the one has just overtaken the us as their most used crossed border currency"
Pending
While the Yuan's global transaction share is small, its rise signifies a shrinking dominance of the US Dollar.
"the yuan is only used in four and a half percent of all transactions worldwide which is really not that much to worry about but it is a sign that the dominance of the US dollar is indeed shrinking"
Pending
China's rapid expansion in using the Yuan for cross-border transactions warrants attention.
"it is something to be mindful of because they are expanding at a rapid rate"
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Long-term investment, rather than timing the market, leads to the largest returns.
"study after study has shown that those who stay invested long term see the largest returns than those who exit and wait for the ideal time to buy"
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First Republic Bank was predicted to fail despite two multi-billion dollar bailouts.
"First Republic could be the next Bank to fail even after two multi-billion dollar bailouts"
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GDP numbers indicating an economic slowdown were below expectations.
"GDP numbers came in below expectation suggesting that our economy is indeed slowing down"
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Experts are predicting stagflation.
"some experts are now calling for stagflation"
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First Republic Bank claimed to have a well-diversified deposit base and over $60 billion in available borrowing.
"First Republic Bank tried to calm their clients down by saying that they had Beyond a well-diversified deposit base including over 60 billion dollars of available unused borrowing"
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First Republic Bank had a significant gap between the fair market value and balance sheet value of its assets, with the fair market value being $26.9 billion less.
"First Republic showed a large gap between the fair market value and the balance sheet value of their assets all told the fair market value is 26.9 billion dollars less than their balance sheet value"
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First Republic Bank's deposits declined by 40% in the first quarter, exceeding expectations.
"first Republic reported that the deposits declined by 40 percent in the first quarter which was way worse than expected"
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US regulators were considering downgrading First Republic Bank, which would reduce its borrowing capacity from the Federal Reserve.
"U.S Regulators were actually considering downgrading the entire bank which would result in reduced borrowing capacity from the Federal Reserve"
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The US government was reportedly unwilling to intervene and help First Republic Bank.
"the government is no longer willing to step in to help with sources saying that they refuse to intervene at this point"
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The situation with First Republic Bank was expected to serve as a template for how other banks might be handled.
"First Republic is probably going to become a template for what happens with other Banks"
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The Federal Reserve's plan is working, with inflation slowing and a possibility of pausing interest rate hikes sooner than anticipated.
"this means that the federal reserve's plan is working inflation is slowing down and there's a chance they may pause sooner than expected"
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An 87% probability existed for the Federal Reserve to implement a 0.25 interest rate increase on May 3rd.
"it's also really solidified that they're almost certainly going to be going with a 0.25 interest rate increase on their next meeting on May 3rd"
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A continued economic slowdown could be a positive catalyst for the stock market.
"if we continue seeing the economy slow down that may very well be reason for the stock market to celebrate"
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It was too early to determine if the economy would experience stagflation, characterized by high inflation and low growth, a state that seemed to be developing.
"it's still too early to tell if we'll see the dreaded stagflation which occurs when inflation is high will growth is low which is kind of what we're seeing now"
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The US was scheduled to run out of money and potentially default as early as June due to the debt ceiling.
"the United States is scheduled to run out of money and default as early as June"
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The Senate was expected to reject the House's debt ceiling proposal.
"the Senate is expected to reject the entire proposal altogether"
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In the event of First Republic Bank's failure, account holders were expected to be protected, while investors might lose their investments unless a rescue occurred.
"I would expect that if something were to happen account holders would be okay will investors get wiped out unless of course there's some sort of rescue"
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The failure of First Republic Bank could indicate that the banking crisis is ongoing.
"the biggest concern in my opinion is that if the bank does fail it sets the stage that the banking crisis is not over yet"
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