Wild Week: Reading Into the SVB Failure

  Рет қаралды 42,373

Bloomberg Television

Bloomberg Television

Жыл бұрын

Sarah Ketterer of Causeway Capital Management and Barbara Reinhard of Voya Investment Management on the collapse of Silicon Valley Bank and what it means for investors.
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Пікірлер: 80
@Cubuf42069
@Cubuf42069 Жыл бұрын
When have you “analysts” ever seen a crash coming?lol
@tyronea8509
@tyronea8509 Жыл бұрын
"There is no recession in the next 12 months" though every single indicator is flashing recession. Where did they find this person?
@sspctm
@sspctm Жыл бұрын
Recession is just negative gdp for the next 2 quarters. That could be -0.01 and it's a recession. If inflation sustains, it might drive GDP. These indicators have flashed recession, but we haven't yet had one. Make sense? They're indicators not necessarily actual drivers.
@ericmatthews8497
@ericmatthews8497 Жыл бұрын
There is no recessioon.
@BoulderCoTrader
@BoulderCoTrader Жыл бұрын
Look into the factual definition of a recession. There is much more to it than jus negative gdp. The ability to self educate is a valuable skill. Try it.
@CryptoNChill
@CryptoNChill Жыл бұрын
​@@sspctm by that definition, we've already been in a recession. The federal reserve veered from that recession definition in order to avoid formally having to acknowledge a recession.
@CryptoNChill
@CryptoNChill Жыл бұрын
​@Billy D. Lion cite your sources. That is the formal definition of a recession, with the addendum that other factors can be taken into consideration before a government formally declares a recession. This is semantics though, done for geopolitical and socioeconomic reasons. By the time a recession is formally declared, the federal reserve tends to pivot from interest rate hikes and markets have already bottomed.
@maxr1564
@maxr1564 Жыл бұрын
the second the say its not systemic that means it’s systemic, wonder what bank is next ?
@berlin-west4651
@berlin-west4651 Жыл бұрын
when they tell you, it's not systemic, you know: It is systemic
@richardextall2002
@richardextall2002 Жыл бұрын
Another storm is coming and yet again it's the Banks starting it.
@Mr.Helper.
@Mr.Helper. Жыл бұрын
Lol ….. so true
@rallisoify
@rallisoify Жыл бұрын
At 1:06-1:08, "one never knows..." oh the insiders damn well know.
@truepersona6804
@truepersona6804 Жыл бұрын
The first DOMINO to fall and many to follow. The SOFT LANDING has begun.
@donaldmacdougall4679
@donaldmacdougall4679 Жыл бұрын
Make that a very hard landing, probably bigger than anything we’ve seen before. All this money printing is coming home to roost.
@fogrunr5075
@fogrunr5075 Жыл бұрын
They need to announce a buyer this weekend before Wall Street opens. If there isn't a strong positive solution over the weekend, Friday the 13th may become Monday the 13th.
@Shining237
@Shining237 Жыл бұрын
This is the SPARK of something much BIGGER 🔥🔥🔥
@richardextall2002
@richardextall2002 Жыл бұрын
This will be another 2008.
@aureliobjm
@aureliobjm Жыл бұрын
Do not invest in something because everybody is talking about them. There is an interesting topic - circle of competence. Which means you should only invest in stocks or thigs that you understand.
@fhowland
@fhowland Жыл бұрын
Beautiful set
@RHILTONJR100
@RHILTONJR100 Жыл бұрын
Greed greed greed....always clouds good judgement. The driving factor in every crash...period.
@swilson4805
@swilson4805 Жыл бұрын
Ohhhh....it might not be THE shock to collapse the house of cards...but some of us know that this is the end and in a few months or by EOY, this could turn into the shock that rocks the market and the entirer global economic comes undone as we default on the bonds.
@hornet224
@hornet224 Жыл бұрын
Deja Vu: The drumbeat to save SVB is on. It's "too big to fail".
@jim-es8qk
@jim-es8qk Жыл бұрын
How does a modern day bank run even work? All my high street banks are shut, I use the app to transfer money and most of my transactions are cashless?
@douginorlando6260
@douginorlando6260 Жыл бұрын
First …. This bankruptcy robs half the start ups of the cash needed to continue. Nearly all the startups had much more than the $250,000 FDIC insured amount. This will end innovative new products in their tracks (beginning Monday employees will not be payed). Second …. Many banks have done the same thing as SVB … invested in long term T bonds for a better return. But because the Federal Reserve is doubling the rate of return, existing bonds have lost half their value. This makes the banks insolvent and vulnerable to a bank run. Third …. Many Pension funds have also invested in long term bonds and now are incapable of making good on future pension payments.
@jyee2217
@jyee2217 Жыл бұрын
She doesn't want to get sued, but I bet she's lightened up even before this "surprise."
@joshrickards7007
@joshrickards7007 Жыл бұрын
These people know NOTHING. No recession in the next 12 months. You'll lose everything listening to these people
@michaelling6352
@michaelling6352 Жыл бұрын
They are spwaking logically base on the indicator there is not a recession in the mext 12 months unless u know something we do not
@joshrickards7007
@joshrickards7007 Жыл бұрын
@Michael Ling 林 They said the same BS in 2007. Meanwhile, if the 2nd largest bank failure is not an indicator, I'd be short everything you're long on.
@lugcastillo
@lugcastillo Жыл бұрын
These people can't give any real answers 😴 😒 🙄
@ecsyntric
@ecsyntric Жыл бұрын
what a joke. inflation will not be contained at 6% fed rate
@brianmsahin
@brianmsahin Жыл бұрын
This is the thin edge of the wedge. More bank collapses are coming. While SVB were worrying about climate change and "equity" as well as taking skiing holidays in the weeks before the collapse, things were going badly. They celebrated "diversity" while the bank went out of business. Let's not forget the executives sold billions of dollars in shares since the beginning of 2023. Criminal charges should be looked into.
@EmmMacken
@EmmMacken Жыл бұрын
nothing should break if managed correctly!
@BuckFu
@BuckFu Жыл бұрын
Tomorrow would be a great day for everyone to go pull all their money from the bank for no reason.😂 just make the world crap their pants.
@brianryken2569
@brianryken2569 Жыл бұрын
It's not systemic, just the tip of the iceberg. I have faith Gavin Newson will save us. He is in charge and knows what he is doing. His efforts in moving companies out of California will show profits in the long term.
@brianryken2569
@brianryken2569 Жыл бұрын
The profits will be horrendous for the business that can remain like utility companies and unions.
@PM-pc7ql
@PM-pc7ql Жыл бұрын
None of the talking heads predicted this. All they talked about the woke new banking of S.V.B. Same as the failed woke S.B.F.
@VTCOINJEWELRY
@VTCOINJEWELRY Жыл бұрын
😂 I hope your joking!
@Kevin-eg6vg
@Kevin-eg6vg Жыл бұрын
when's the bailout?
@LennyTim
@LennyTim Жыл бұрын
It's a crazy situation. I also just made a video about it explaining what's going on. Cheers everyone!
@DisturbingWorld
@DisturbingWorld Жыл бұрын
Credit is only going to be difficult to obtain for those that are already over extended 😏
@jamesnguyen7069
@jamesnguyen7069 Жыл бұрын
eh, not politicians. trump can just raise capital. his base is far and wide.
@WallaseyanTube
@WallaseyanTube Жыл бұрын
Long term investors will stay calm and will wait for the short-term, inexperienced investors to panic.
@glennnielsen8054
@glennnielsen8054 Жыл бұрын
Don't forget that the federal government has benefited from low interest rates.
@waliky2002
@waliky2002 Жыл бұрын
Well, she is not going to say the word explicitly but in fact, she just did.
@PM-pc7ql
@PM-pc7ql Жыл бұрын
None of the talking heads predicted this. All they talked about the woke new banking of S.V.B. Same as the failed woke S.B.F.
@autumnfragrance6326
@autumnfragrance6326 Жыл бұрын
SVB needs to be bailed out by the Federal Government pronto. They were blind-sighted by higher interest rates. How were they supposed to know that higher interest rates lowers the value of bonds and mortgage type securities?
@RHILTONJR100
@RHILTONJR100 Жыл бұрын
CEO fully admitted they knew the rate hike was coming and where do we get the bailout money for these clowns. Bailouts will compound the already out of control inflation. The fed has landed into a catch 22, created by their own stupidity for not slowly increasing the rates before 2014.
@anthonylamura8600
@anthonylamura8600 Жыл бұрын
The CEO needs to go to jail !
@SS-qb6ye
@SS-qb6ye Жыл бұрын
She has no idea what she is talking about! Inflation is ridiculously high and sticky and yet she sounds as if everything will be alright eventually!
@donrodriguez8615
@donrodriguez8615 Жыл бұрын
why would you stretch yourself so far out there ??
@dgatsf
@dgatsf Жыл бұрын
NO BAILOUT! The WOKE investors who parked their money there, hoping for a huge return, ignoring that only $200,000 was covered by FDIC is not my problem and I’m tired of my retirement account getting hit every time greed overcomes decency.
@booneboone9705
@booneboone9705 Жыл бұрын
From FTX to SVB
@limabravo6065
@limabravo6065 Жыл бұрын
So nobody assessing risk, but legions devoted to ensuring equity, diversity, and a borrower's carbon footprint.... hmmmm. In other words not prioritizing that which makes a business successful, rather they focused on virtue signaling and feelings... OK well if you do stupid irresponsible shit like this then your bank or whatever deserves to fail. Companies prioritizing ESG, being woke etc... should be avoided at all costs, unless you enjoy throwing your money into the bottomless void.
@victoriaselwyn8781
@victoriaselwyn8781 Жыл бұрын
Not systemic? Will you bring this commentator back next week when regional banks start falling like dominoes to ask her why her assessment was so wrong?
@hussienalsafi1149
@hussienalsafi1149 Жыл бұрын
🥲🥲🥲🥲🥲😊😊😊😎😎😎😎😎🤠🤠🤠
@EmmMacken
@EmmMacken Жыл бұрын
She's clueless
@R1GAMBLER
@R1GAMBLER Жыл бұрын
too juu to fail
@fireflyrn
@fireflyrn Жыл бұрын
Let's go Brandon
@MrMolecularscientist
@MrMolecularscientist Жыл бұрын
The Voya lady is delusional. Sheeeesh.
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