Podcasts about bank term funding program

Experts state that a crash is being set up as the Federal Reserve pulls more than half of Credit Available through Bank Term Funding Program. Some banks won’t be able to cover cash withdrawals. This is not because the banks don’t have the funds, but because the bank’s funds are locked-up in Treasury Notes. 00:00 – Intro 02:53 – We are about to experience a 1929 Crash 08:42 – Get your Finances in Order 12:32 – Shane Warren & Judgment 15:59 – Abolish Federal Reserve 18:15 – QFS System 20:13 – Refuge Medical 21:59 – Our Sponsors

Experts state that a crash is being set up as the Federal Reserve pulls more than half of Credit Available through Bank Term Funding Program. Some banks won’t be able to cover cash withdrawals. This is not because the banks don’t have the funds, but because the bank’s funds are locked-up in Treasury Notes. 00:00 – Intro 02:53 – We are about to experience a 1929 Crash 08:42 – Get your Finances in Order 12:32 – Shane Warren & Judgment 15:59 – Abolish Federal Reserve 18:15 – QFS System 20:13 – Refuge Medical 21:59 – Our Sponsors

The Fed shut down the BTFP, but just before it closed billions in loans were made to banks over the repeated objections of policymakers. Officials have been pushing depositories toward the Discount Window to the point even the FHLB system is dissuading its members from using its own advances as emergency liquidity. Yet, the last-minute BTFP indicates banks just aren't doing it with some substantial implications. Eurodollar University's conversation w/Steve Van MetreFHFA FHLBank System at 100: Focus On the Futurehttps://www.fhfa.gov/AboutUs/Reports/ReportDocuments/FHLBank-System-at-100-Report.pdfFHFA Fact Sheet https://www.fhfa.gov/Media/PublicAffairs/PublicAffairsDocuments/FHLBank-System-at-100-Fact-Sheet.pdfhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

In our first conversation of this week's long-form episode, Michael Howell discusses the source of liquidity in the current market and the role of central banks in injecting liquidity. He explains the investment cycle and the current phase, highlighting the potential challenges in the banking sector. Howell also discusses the implications of the Bank Term Funding Program and the relationship between interest rate expectations and liquidity. He emphasizes the importance of understanding the relationship between inflation expectations and liquidity, as well as the impact of liquidity on commodity prices. The second segment features Todd Mallon of Talon Metals. Here Trevor and Todd discuss the evolving relationship between governments and the mining industry, particularly in the context of Western governments' focus on securing supply chains for critical minerals. Mallon highlights the importance of security of supply and the need for responsible mining practices to address societal expectations. He also emphasizes the role of partnerships between industry, government, and civil society in addressing challenges related to permitting and public engagement. Mallon discusses the role of government funding and support in advancing critical minerals projects and the potential for expanding processing and refinement facilities in the United States. Overall, Mallon is optimistic about the bipartisan support for critical minerals policy and the potential for collaboration in the industry. We'd like to thank our sponsors: Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona, a tier 1 location. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport via highway i-10, and with grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource, which will grow with a resource update in early 2024. Learn more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠vgcx.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Today is the last day for new loans from the Fed's BTFP, and there is still $165 billion being borrowed from it. In fact, that balance increased just last week. What are the implications of the shutdown? We keep coming back to the same factor which was all over last March. And with CRE looming in the background, too. Eurodollar University's Money & Macro Analysis

#RafiFarber - 1970s Are Repeating for Gold, Too, Not Just Silver Last week Rafi Farber detailed how the silver market is playing out the late 1970s almost exactly, and how we are currently situated in 1978. Well, it's not just silver. With gold at new all time highs and silver lagging, this was also the exact same situation of that year. History is repeating, and we should not be surprised, as human nature does not change. Meanwhile, the Bank Term Funding Program is closing up next week, and one month later, about $80B in emergency loans from the Fed come due. The problem is, the Treasury's those banks turned in for all that cash, are even more underwater than they were back then. The Fed's balance sheet will necessarily shrink by at least $80 one month from now, and this as the reverse repo facility comes close to zeroing out. Gird your loins, as they say. It's going to be an interesting springtime for gold bugs and silver apes. To find out more, click to watch the video now! - Sign up for The End Game Investor! https://endgameinvestor.substack.com/ To find out more about Fortuna Silver go to: https://fortunasilver.com/ - To join our free email list and never miss a video click here: https://arcadiaeconomics.com/email-signup/ - To get on the waiting list for your very own ´Silver Chopper Ben´ sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/ - To get your paperback or audio copy of The Big Silver Short go to: https://arcadiaeconomics.com/thebigsilvershort/ Find Arcadia Economics content on these sites: YouTube - https://www.youtube.com/user/ArcadiaEconomics Rumble - https://rumble.com/c/ArcadiaEconomics Bitchute - https://www.bitchute.com/channel/kgpeiwO1dhxX/ LBRY/Odysee - https://odysee.com/@ArcadiaEconomics:5 Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 Google-https://podcasts.google.com/feed/aHR0cHM6Ly9teXNvdW5kd2lzZS5jb20vcnNzLzE2MTg5NTk1MjMzNDVz Anchor - https://anchor.fm/arcadiaeconomics Amazon - https://podcasters.amazon.com/podcasts Follow Arcadia Economics on these social platforms Twitter - https://twitter.com/ArcadiaEconomic Instagram - https://www.instagram.com/arcadiaeconomics/ To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here: https://arcadiaeconomics.com/cftc-complaint/ - To sign the petition to ban JP Morgan from having any involvement in the silver industry click here: https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver #silver #silverprice And remember to get outside and have some fun every once in a while!:) (URL0VD)Subscribe to Arcadia Economics on Soundwise

In this episode with macro strategists Danielle DiMartino Booth and Jim Bianco we discuss: - Latest inflation data vs. 'truflation' - Danielle says we're in recession, Jim says we're in a "no landing" scenario - Remote work, wage growth, and AI's impact on jobs - Extreme wealth concentration - Will the Fed cut rates? - Why are stocks booming when rates are still high? - Government spending and national debt -Powell's legacy - Bitcoin and the spot Bitcoin ETFs Timestamps: 00:00 Inflation vs. "truflation" 2:03 CPI, sticky inflation about 3-4% 3:05 Are wages keeping up with inflation? 4:53 Unemployment and jobs numbers 10:23 Bitdeer Technologies Group promo 11:24 Bank Term Funding Program, CRE 16:19 Regional banks 18:12 Recession vs. "no landing" 23:17 GDP vs. GDI 26:24 Fed spending to the rescue 32:07 Bitcoin 2024 promo 32:34 Coinkite Coldcard Wallet promo 32:53 CrowdHealth promo 33:23 What's happening with interest rates? 36:40 End of Quantitative Tightening 38:33 Fixing economic inequality 42:43 Election year economics 53:36 Communities protecting small businesses 54:57 "Time of great change" is coming 57:11 How will Bitcoin perform?

A little less than a year ago, the US financial system was rocked by its first major banking drama since 2008. While the crisis was eventually contained, and only three lenders ended up collapsing, the experience re-ignited an ongoing conversation about the way we rescue troubled lenders. Not only did the Federal Reserve launch a new liquidity program called the Bank Term Funding Program as part of its support to the banking system in 2023, but regulators are now talking about changing existing facilities, including the Federal Home Loan Banks (FHLBs) and the discount window. For instance, Michael Hsu of the Office of the Comptroller of the Currency's has proposed that banks be required to tap the discount window and "pre-position" collateral at the facility, just in case they one day need it. In this episode, we speak with Steven Kelly, associate director of research at the Yale University Program on Financial Stability, about the constellation of existing emergency facilities for banks, how they've evolved over time, and the changes that could be made to them now.See omnystudio.com/listener for privacy information.

Sam Lawrie from Adams Bullion converses with your host Tom Bodrovics about the US market's response to the recent hotter-than-expected CPI inflation data. The data increased the value of the US dollar and consequently caused a significant decrease in gold and silver value. They assess the long-term implications, noting that sustained high interest rates could greatly increase the cost of the maturing US national debt. Lawrie acknowledges that initially, high-interest rates may discourage gold investments but maintains that a bullish perspective on gold is more favorable in the long term. The termination of the Bank Term Funding Program might trigger downside movements, he suggests. Lawrie speculates that Jerome Powell's unexpected switch in stance concerning interest rates in December could be due to a possible banking sector crisis. He notes a political push for lower interest rates in countries such as Australia and argues that despite being above inflation targets, having lower rates benefits lower-income individuals, which could push the economy towards hyperinflation. The conversation covers the political use of the oil market, with Lawrie attributing the draining of the SPR last year to inflation moderation. He also highlights the current Middle-Eastern issues and the strained relations with Iran as potential triggers for oil price increase. Lawrie predicts that inflation will intensify over time, driven by high oil prices which will increase the cost of nearly all goods. He argues that people are inclined to spend money today if they believe it will lose value tomorrow. Despite the predicted intensification of inflation, Lawrie notes that several western governments are considering ways to manage inflation. He discusses the consequences of central bank gold leasing on gold revaluation and advises people to contemplate national-level counterparty risk regarding gold ownership if a revaluation event occurs. The conversation also covers the US stock market, with Lawrie pointing out the substantial gains from top companies like Facebook, Google, and Microsoft. He characterizes the situation as strange, likening it to a bubble where fundamentals no longer bear significance. Lawrie is also keeping a keen eye on Treasury auctions, noting that if there aren't enough buyers, the Federal Reserve might have to buy some of that debt. Lawrie concludes the conversation by noting an increased interest in precious metals from first-time buyers and an evident shift towards silver due to the gold to silver ratio, despite supply chain issues and rising freight costs. Time Stamp References:0:00 - Introduction0:35 - CPI Reports & Gold Mkt.4:05 - Fed Bank Term Funding5:17 - DXY Vs. Gold7:55 - Fed & Powell Reversal13:40 - Oil, SPR & Inflation17:00 - China Reopening19:08 - Peak Oil & Shale21:03 - Inflation Outlook & Rates29:08 - Debt & Systemic Risks33:32 - Equity Market Value36:24 - 2024 Outlook & Bonds39:13 - Gold Sales Trends42:26 - Wrap Up Talking Points From This Episode The recent CPI inflation data caused a decrease in the value of gold and silver, but a bullish perspective remains in the long term. Jerome Powell's switch in interest rate stance in December may indicate a possible banking sector crisis. Inflation is predicted to intensify over time due to high oil prices, leading to an increased interest in precious metals. Guest Links:Website: https://adamsbullion.comTwitter: https://twitter.com/adamseconomicsYouTube: https://www.youtube.com/@thepubliccrusader Sam Lawrie has worked in the financial services industry for 5 years across CFD broking, algorithmic trading, equities analysis services and bullion dealing. He is an avid precious metals investor and advocate, having started his precious metals journey in 2018. Sam has worked with thousands of clients over the years, teaching them about finance, economics, and precious metals, helping them to protect themselves financially.

Pre-Show Harvard report on housing in the USA (https://www.jchs.harvard.edu/sites/default/files/reports/files/Harvard_JCHS_Americas_Rental_Housing_2024.pdf) makes the obvious conclusion that homelessness is all about prices, wages are stagnant or falling while housing is getting more expensive due to both constrained supply and the use of real estate as an investment vehicle Dashboard | Truflation (https://truflation.com/dashboard) Gavin Newsom Witnesses Shoplifting (https://www.youtube.com/shorts/PxjySys6qM0) SNL - Debanking Weekend Update (https://www.youtube.com/watch?v=QLt6xK33mUc) News While the U.S. Whitehouse pushes for a new edict to register all bitcoin mining (https://tftc.io/eia-bitcoin-mining-survey/) in the USA, including GPS coordinates of miners, power demand from AI companies is keeping coal burning powerplants operation (https://archive.ph/spRaU) past their intended EOL Economics Arthur Hayes' thinks that Bitcoin will go down and then up (https://blog.bitmex.com/yellen-or-talkin/) ... no duh Rember Evergrande? A Hong Kong court has ordered liquidation (https://www.reuters.com/business/embattled-china-evergrande-back-court-liquidation-hearing-2024-01-28/) of the company's assets, which spells trouble for Chinese savers The US Federal Reserve's Bank Term Funding Program will stop bailing out US Bank (https://www.frbdiscountwindow.org/GeneralPages/bank_term_funding_program#:~:text=What's%20New%3A%20On%20January%2024,scheduled%20on%20March%2011%2C%202024.)'s underwater treasury portfolio's in March while US Regional banks are still under financial pressure (https://www.reuters.com/markets/us/us-regional-bank-sell-off-cautionary-sign-more-pain-come-2024-02-02/) U.S. regional banking shares tumble for second straight day (https://www.cnbc.com/2024/02/01/us-regional-banking-shares-tumble-for-second-straight-day.html) Western Alliance Bancorp's shares fell 4.8%, while those of Valley National Bancorp dropped 5%. Comerica's (CMA.N), opens new tab shares fell 2.1%. The S&P 500 Banks index fell roughly 1.2%. The fall of U.S. regional banks stocks on Wednesday translated into $685 million in paper profits for short sellers, according to data and analytics company Ortex. US regional banks tumble for second straight day on NYCB woes | Reuters (https://www.reuters.com/business/finance/us-regional-banking-shares-under-lens-after-nycb-slide-2024-02-01/) Holger Zschaepitz on X (https://twitter.com/Schuldensuehner/status/1750635611592020171) Borrowing from Fed's emergency lending program rose to a fresh record, just before Fed raised the facility's interest rate to stop financial institutions from taking advantage and arbitraging on its attractive terms. Demand for Bank Term Funding Program rose $6.3bn to an ATH of $167.8bn. Borrowing has jumped by $50bn since mid-November after program's rate increasingly fell below the rate at which institutions could earn money by parking reserves at Fed. Any increase from here is not arbitrage-driven. (BBG) Image https://pbs.twimg.com/media/GEuBrOUWUAA_5E7?format=png&name=small Privacy Has Finnish law enforcement cracked Monero traceability (https://protos.com/did-law-enforcement-in-finland-crack-moneros-privacy-technologies/) or did a hacker accidentally upload his home folder (https://krebsonsecurity.com/2022/11/hacker-charged-with-extorting-online-psychotherapy-service/) during an extortion drop? Bitcoin Education Bitcoin Optech #287 covers a new replace by fee model (https://bitcoinops.org/en/newsletters/2024/01/31/) as well as more discussion of 'exogenous fee' incentives Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

DoubleLine's 2024 Round Table Prime was hosted in front of a live audience for the first time. After panelists presented their best ideas for 2024, the audience Q&A sparked candid debate ranging from commercial real estate, geopolitics, elections, corporate debt and budget negotiations. (00:06) Bank Term Funding Program (02:01) What Upsets the Applecart? (03:49) Bank Excess Reserves (06:00) Corporate Debt

On this episode of The Rate Guy we draw an interesting parallel between the challenges of parenting and the Federal Reserve's decision to end the Bank Term Funding Program. We analyze the latest inflation data, discuss what to expect at this week's FOMC meeting and the rationale behind what the Fed might do next.

#RafiFarber - Fed Panics on BTFP as 16.2M Ounces of Silver Flood SLV Effective immediately and in a move that smacks of panic, the Federal Reserve has shut down the arbitrage from the Bank Term Funding Program (the regional bank bailout) banks have been taking advantage of since November. Banks have been turning in underwater Treasurys for cash at 4.8% and stuffing that cash back into their reserves, earning 5.3%. if the Fed wasn't expecting this and had to shut it down "immediately", what else are they not expecting? Meanwhile, Texas is defying the Biden administration setting the stage for an imminent showdown, silver is flooding back in to SLV, and 4 major bank executives are warning of major monetary sewer problems sometime between March and May. The plot thickens. To find out more, click to watch the video now! - Sign up for The End Game Investor! https://endgameinvestor.substack.com/ To find out more about Fortuna Silver go to: https://fortunasilver.com/ - To join our free email list and never miss a video click here: https://arcadiaeconomics.com/email-signup/ - To get on the waiting list for your very own ´Silver Chopper Ben´ sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/ - To get your paperback or audio copy of The Big Silver Short go to: https://arcadiaeconomics.com/thebigsilvershort/ Find Arcadia Economics content on these sites: YouTube - https://www.youtube.com/user/ArcadiaEconomics Rumble - https://rumble.com/c/ArcadiaEconomics Bitchute - https://www.bitchute.com/channel/kgpeiwO1dhxX/ LBRY/Odysee - https://odysee.com/@ArcadiaEconomics:5 Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 Google-https://podcasts.google.com/feed/aHR0cHM6Ly9teXNvdW5kd2lzZS5jb20vcnNzLzE2MTg5NTk1MjMzNDVz Anchor - https://anchor.fm/arcadiaeconomics Amazon - https://podcasters.amazon.com/podcasts Follow Arcadia Economics on these social platforms Twitter - https://twitter.com/ArcadiaEconomic Instagram - https://www.instagram.com/arcadiaeconomics/ To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here: https://arcadiaeconomics.com/cftc-complaint/ - To sign the petition to ban JP Morgan from having any involvement in the silver industry click here: https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver #silver #silverprice And remember to get outside and have some fun every once in a while!:) (URL0VD)Subscribe to Arcadia Economics on Soundwise

The banking sector managed to avoid the worst case scenarios that some predicted in March 2023. But with banks still adjusting to the Fed's aggressive monetary tightening during the last two years, they are now shifting their attention to managing prospective rate cuts later this year. Meanwhile, the Fed's Quantitative Tightening, Reverse Repo facility, and the 2023 Bank Term Funding Program are all set to reach critical inflection points during the next few months. In this episode, Ethan Heisler, editor in chief of The Bank Treasury Newsletter, discusses how banks can best position themselves in this dynamic environment.

Michaell Howell, CEO of CrossBorder Capital, returns to Forward Guidance to update viewers on his outlook on global liquidity. Howell notes that further evidence supports his long-held view that liquidity bottomed in October 2022, and he explains why he expects liquidity to strengthen further into 2024, making for a favorable environment for liquidity-sensitive assets such as stocks, gold, and crypto. Filmed on January 11, 2024. Public dot com has just launched its new high-yield cash account, offering an industry-leading 5.1% APY. Learn more at https://public.com/forwardguidance. A High-Yield Cash Account is a secondary brokerage account with Public Investing. Funds from this account are automatically deposited into partner banks where they earn a variable interest and are eligible for FDIC insurance. Neither Public Investing nor any of its affiliates is a bank. US only. Learn more at https://public.com/disclosures/high-yield-account __ Follow CrossBorder Capital on Twitter https://twitter.com/crossbordercap Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Use code FG10 to get 10% off Blockworks' Digital Asset Summit in March: https://blockworks.co/event/digital-asset-summit-2024-london __ Timestamps: (00:00) Introduction (00:57) Howell: Liquidity Conditions Continue To Strengthen From Their Lows In The Early Fall of 2022 (12:26) Implications For Stocks, Gold, and Crypto (22:50) Industry Sectors At This Stage In The Liquidity Cycle (24:37) The Bond Market Is Being Distorted By The Federal Reserve (30:07) Term Premia And Convexity In Fixed-Income (37:07) Bank Term Funding Program and Draining of Fed's Reverse Repo (RRP) Facility (40:11) Drivers Of Fed Liquidity In 2024 and Beyond (45:50) The Economic Cycle Is Different Than The Liquidity Cycle (50:51) Is Demand For Refinancing (and Liquidity) Lower Because U.S. Corporates & Households Have Such Long-Duration Liabilities? (54:35) China and The People's Bank of China (PBOC) (01:06:56) Howell's View On Interest Rates (01:09:08) Non-Central Bank Sources of Liquidity __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

#VinceLanci: Is #Silver Starting Another Selloff After a rally in both gold and silver on Friday, the market is looking for clues in regards to what the Fed is going to do when the Bank Term Funding Program expires in March, possibly at the same time that the reverse repo facility is running out. What can you expect, and will it lead to a selloff in the silver price? Vine Lanci shares what he's seeing in today's show, so click to watch the video now! - To get a 30% discount to Vince Lanci's Goldfix Substack go to: https://vblgoldfix.substack.com/Arcadia30off - To join our free email list and never miss a video click here: https://arcadiaeconomics.com/email-signup/ - To get on the waiting list for your very own ´Silver Chopper Ben´ sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/ - To get your paperback or audio copy of The Big Silver Short go to: https://arcadiaeconomics.com/thebigsilvershort/ Find Arcadia Economics content on these sites: YouTube - https://www.youtube.com/user/ArcadiaEconomics Rumble - https://rumble.com/c/ArcadiaEconomics Bitchute - https://www.bitchute.com/channel/kgpeiwO1dhxX/ LBRY/Odysee - https://odysee.com/@ArcadiaEconomics:5 Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 Google-https://podcasts.google.com/feed/aHR0cHM6Ly9teXNvdW5kd2lzZS5jb20vcnNzLzE2MTg5NTk1MjMzNDVz Anchor - https://anchor.fm/arcadiaeconomics Amazon - https://podcasters.amazon.com/podcasts Follow Arcadia Economics on these social platforms Twitter - https://twitter.com/ArcadiaEconomic Instagram - https://www.instagram.com/arcadiaeconomics/ To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here: https://arcadiaeconomics.com/cftc-complaint/ - To sign the petition to ban JP Morgan from having any involvement in the silver industry click here: https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver #silver #silverprice And remember to get outside and have some fun every once in a while!:) (URL0VD)Subscribe to Arcadia Economics on Soundwise

On this week's episode of The Rate Guy we discuss the odds of the Fed cutting in March, take a closer look at the 10 Year Treasury's ups and downs, and break down how the Bank Term Funding Program might play out. 

Prepare for $400B in QT by March if Regional Bank Bailout Expires! A "top man" at the Federal Reserve, specifically the "Vice Chairman for Banking Supervision, a super duper important guy, is extremely serious about the Fed not renewing the regional bank bailout program that exploded onto the Fed's balance sheet last March to the tune of about $400 billion. If that's the case, then come March, all those dollars are going to have to be repaid. This will squeeze 3 months worth of quantitative tightening into about 2 weeks come March. It is quite doubtful that the monetary system can handle such extreme pressure. Essentially, the repayment of the Bank Term Funding Program loans could very will be impossible without triggering yet another banking crisis. To find out more, click to watch the video now! - Sign up for The End Game Investor! https://endgameinvestor.substack.com/ To find out more about Fortuna Silver go to: https://fortunasilver.com/ - To join our free email list and never miss a video click here: https://arcadiaeconomics.com/email-signup/ - To get your paperback or audio copy of The Big Silver Short go to: https://arcadiaeconomics.com/thebigsilvershort/ Find Arcadia Economics content on these sites: YouTube - https://www.youtube.com/user/ArcadiaEconomics Rumble - https://rumble.com/c/ArcadiaEconomics Bitchute - https://www.bitchute.com/channel/kgpeiwO1dhxX/ LBRY/Odysee - https://odysee.com/@ArcadiaEconomics:5 Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 Google-https://podcasts.google.com/feed/aHR0cHM6Ly9teXNvdW5kd2lzZS5jb20vcnNzLzE2MTg5NTk1MjMzNDVz Anchor - https://anchor.fm/arcadiaeconomics Amazon - https://podcasters.amazon.com/podcasts Follow Arcadia Economics on these social platforms Twitter - https://twitter.com/ArcadiaEconomic Instagram - https://www.instagram.com/arcadiaeconomics/ To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here: https://arcadiaeconomics.com/cftc-complaint/ - To sign the petition to ban JP Morgan from having any involvement in the silver industry click here: https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver #silver #silverprice And remember to get outside and have some fun every once in a while!:) (URL0VD) This video was sponsored by Fortuna Silver, and Arcadia Economics does receive compensation. For our full disclaimer go to: https://arcadiaeconomics.com/disclaimer-fortuna-silver-mines/Subscribe to Arcadia Economics on Soundwise

SUPPORT HARVEST EATING AND GET A NICE BOX OF GOODIES SHIPPED TO YOU, A STORE DISCOUNT, AND A WARM FUZZY FEELING! LIFETIME SUPPORTERS GET SPICES, COFFEE, AND ACCESS TO ONLINE COURSES. BECOME A STUDENT IN THE FOOD STORAGE FEAST ONLINE COURSE Learn skills to turn basic foods into delicious meals all year long. The Food Storage Feast Online Course pays for itself with a bounty of amazing meals, it's the education you can eat! Brown Duck Coffee Quackin Blend This is Chef Keith Snow's daily coffee! Very rich and flavorful with a smooth finish, perfect for French press, pour-over, cold brew, or iced coffee-sip it up nice! A premier combination of Central and South American beans. This dark blend is roasted until the surface of the bean shows a hint of natural oil. The mellow smoky flavor with chocolate nuance is superbly aromatic. Post-Roast: Two different coffees roasted and then blended “post roast” create unique flavors. HARVEST EATING SPICE BLENDS ARE NOW SHIPPING Check out our spice master pack containing 6 cans of our best-selling spices, perfect for Christmas gift giving, save $6 dollars and get free shipping. WHAT'S COOKING? Strawberry Kvass Fried Rice Various high-protein, low-carb, and low-fat foods-not my favorite way to eat. FOOD INDUSTRY AND HARVEST NEWS: More stories about olive oil fraud. This fraud is rampant and it's hard to find authentic olive oil at stores. Domestic olive oil may be a better option but this requires research and cost. I recently watched this YouTube video and it is rather alarming. Join the olive oil club to get authentic oil. (Harvest Eating has no affiliation whatsoever) Check out this video TODAY'S MAIN TOPIC: Increasing Protein To Energy Ration To Build Muscle And Lose Weight The Protein to Energy (PE) diet, popularized by Ted Naiman, emphasizes the pivotal role of protein in the diet for optimizing body composition and overall health. This approach prioritizes consuming adequate protein to support muscle growth and repair, while minimizing excessive carbohydrate and fat intake. Naiman advocates for a focus on nutrient-dense, whole foods, and emphasizes the satiating effect of protein, which can aid in controlling appetite and promoting fat loss. By balancing protein intake with energy needs, adherents of the PE diet aim to achieve and maintain a lean, strong, and energetic body. Naiman's approach offers a simple yet effective framework for those looking to improve their dietary habits and achieve sustainable wellness. Download the EBOOK For $20 From Dr Naiman: (I AM NOT and affiliate) https://thepediet.gumroad.com/l/thepediet Protein Rich Foods When it comes to seeking inexpensive animal-based protein sources, there's a wide array of options that offer both affordability and nutritional value. Eggs stand out as a versatile and budget-friendly choice, providing an excellent source of high-quality protein. Canned tuna and sardines and salmon are also economical alternatives that are packed with protein and healthy omega-3 fatty acids. Additionally, buying whole chickens and using various cooking methods to utilize every part is a cost-effective way to access lean protein. Embracing these inexpensive animal-based protein sources not only supports a balanced diet but also demonstrates practical and frugal meal planning. Chicken breasts and thighs are also excellent protein sources. Counting Macros Made Easy with Apps Counting macros doesn't have to be a daunting task anymore, thanks to the convenience of macro-counting apps. These user-friendly tools offer a seamless way to track your macronutrient intake, providing a clearer understanding of your dietary needs and goals. With just a few taps on your smartphone, you can effortlessly log your meals and monitor your carbohydrate, protein, and fat consumption. Harnessing the power of these apps allows for better nutritional choices while promoting a balanced and healthy lifestyle. Whether you're aiming for weight loss, muscle gain, or simply striving for a well-rounded diet, incorporating macro-counting apps into your daily routine offers an effective, modern approach to mindful eating. Experience the ease and benefits of tracking macros with these innovative apps, and take proactive steps toward achieving your nutritional objectives. Cottage Cheese: A Protein Powerhouse Cottage cheese is a versatile and nutritious protein source that has been a dietary staple for centuries. Packed with high-quality protein, it is an excellent option for those looking to increase their protein intake. With about 14 grams of protein in a half-cup serving, cottage cheese provides a substantial amount of this essential nutrient. What sets cottage cheese apart from other protein sources is its completeness, as it contains all the essential amino acids the body needs for muscle maintenance and growth. Additionally, cottage cheese is a rich source of calcium, which plays a vital role in bone health and muscle function. Whether enjoyed on its own, mixed into smoothies, or used as a topping for savory dishes, cottage cheese stands out as a satisfying and nutrient-dense protein option for individuals seeking to support their active lifestyle or increase their protein intake. HOMESTEAD TSUNAMI: Getting to know Willow. Willow can be used for many things including controlling erosion, fixing nitrogen, living fences, propagation, wind barriers, fodder for livestock, making baskets, and privacy. I found Willow for sale here. Willow trees offer a multitude of benefits on a homestead. Their fast growth and resilient nature make them an excellent choice for erosion control, especially along waterways or in areas prone to soil erosion. Additionally, willow trees provide valuable shade, which is crucial for keeping livestock and poultry cool during hot summer months. Their branches can also be used for crafting natural fencing, trellises, and other garden structures. Furthermore, willow leaves and bark have medicinal properties, making them a valuable resource for natural remedies and herbal medicine. With their multiple practical uses, willow trees are a valuable addition to any homestead, providing both functional and sustainable benefits for the land and its inhabitants. ECONOMIC NEWS: Although the administration and puppet media tell us the economy is great, all good….I continue to warn about the stability of banks as they are reliant on FED Loan programs such as The Bank Term Funding Program to stay afloat. As of 12/20/2023, the program grew to $131 trillion. With customer deposits growing scarce, U.S. banks are instead relying on emergency funding lines from the Federal Reserve Banks and the Federal Home Loan Bank (FHLB) system. FHLB bond capital raising, of which the proceeds are used to fund the banks, is up 89 percent year over year through November and looks set to reach $1.1 trillion for 2023. Use of the Bank Term Funding Program, the emergency line put in place by the Fed in March 2023, reached an all-time high last week at $131.3 billion. This does not reflect normal market operations. This is a sign that the bank funding markets aren't operating properly and that the regulators are stepping in to help prop up the system. people. Banks are in deep trouble, with depositors continuing to flee and the FED standing up the banks. So much for the liabilities side. However, banks face challenges on the asset side as well. Unrealized losses on investment securities, which is the same problem that got SVB into trouble a year ago, continue to rise. U.S. banks reported unrealized losses of over $684 billion in the third quarter, up 22 percent from the second quarter. Of these unrealized losses on securities, $294 billion are categorized as available for sale (AFS), as opposed to held to maturity (HTM), whereby the bank intends to hold the asset and (hopefully) recapture principle at the end of the term. The high amount of AFS suggests that if interest rates remain “higher for longer,” then a portion of these losses will begin to be realized in 2024 as they are sold by the banks. This will pressure profitability and capital levels. Bank Term Funding Program The Bank Term Funding Program (TFFP) serves as a catalyst for arbitrage opportunities within the financial market. This program enables banks to access funding at a significantly lower cost, often tied to the official cash rate, providing a favorable environment for banks to leverage their position. By utilizing the TFFP, banks can secure funding at a lower cost and subsequently invest in higher-yielding assets, thereby capitalizing on the interest rate differential. This strategy can potentially yield profitable returns for the participating banks, effectively creating an arbitrage opportunity within the financial landscape. As banks engage in this practice, they simultaneously manage their liquidity position and optimize their profitability, harnessing the benefits of the TFFP to enhance their financial performance. PRODUCT RECOMMENDATION: Garden & Gun Magazine-my absolute favorite publication, tastes, and traditions of the best place in the country…the Southern US CLOSING THOUGHTS: Sometimes keto and carnivore diets while healthy IMO, have too much energy to affect weight loss, definitely for me! RESOURCES FOR THIS EPISODE: https://tednaiman.com/ https://corto-olive.com https://www.youtube.com/watch?v=MPR0-06L2ks https://www.zerohedge.com/markets/banks-are-not-ok LINKS TO CHECK OUT: Harvest Eating Spices Support Harvest Eating Enroll in Food Storage Feast Brown Duck Coffee About Chef Keith Snow LISTEN TO THE PODCAST: On iTunes Fountain FM Stitcher Radio Player FM Google Top Podcast Audible

Some thoughts about 2024: Companies will provide conservative 2024 outlooks when they report Q4 results later this month and early next month. The Fed will likely renew its Bank Term Funding Program, further backstopping bank balance sheets against unrealized losses. The Fed will reinflate bond prices and asset prices in general as it cuts rates and eventually winds down QT. The Fed will quickly cut rates close to the zero bound if the economy rolls over sharply. QE could also be in the cards. Treasury debt will spike higher as a percentage of GDP in 2024. The 2024 fiscal deficit will exceed $2 Trillion, further devaluing the U.S. Dollar. The fiscal side will stimulate through heavy spending (fiscal spending is up 17% fiscal year-to-date through the end of November). Wars are active or actively brewing on multiple geographic fronts which could significantly impact oil prices as well as be a source of disruption both for the American economy and the capital markets. State-sponsored cyberattacks on critical infrastructure is a real threat. A contested election is my expectation for November 2024. Read the full TEK2day article: https://open.substack.com/pub/tek2day/p/2024-will-be-anything-but-boring?r=1rp1p&utm_campaign=post&utm_medium=web Read our Amazon Kindle book: https://www.amazon.com/Stagflation-Imminent-Jonathan-Maietta-ebook/dp/B091NB9V7M Learn more about TEK2day here: https://tek2day.com/about/ John Ford reference here: https://youtu.be/POgWODZyUGQ?feature=shared

John Toohig, head of wholesale trading for Raymond James makes a return appearance on Inside Economics. He last joined us in the wake of the banking crisis this past March, and made the case that the banking system while bowed would not break. He was right.  Join us to hear what John is now saying about the system, loan growth and quality, and what it all means for the Fed and economy.For more on John Toohig, click hereFollow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

On this episode of Swan Signal Live, Sam sits down with John Haar and Dr. Jeff Ross to discuss all things macro. They touch on whether or not this could be the end of the Fed's hiking cycle, delve deep into the current state of the housing market, explore inflation vs deflationary pressures, and discuss gold and Bitcoin's value proposition.Connect with Sam, John, and Dr Ross:Sam Callahan: https://twitter.com/samcallahJohn Haar: https://twitter.com/john_at_swanDr. Jeff Ross: https://twitter.com/VailshireCapTimestamps:00:00:00 “Swan Signal Live” Intro00:01:02 Introducing Dr.Jeff and John Haar00:01:51 Dichotomy between Bitcoin Price and Bitcoin Interest00:05:57 What would you say to Elizabeth Warren and Jamie Dimon wanting to “Close Crypto”00:11:14 "HODL Rate" & When will the “Long Term Holders” Sell?00:16:02 What is causing the latest Economic Rally00:29:02 “Bank-Term Funding Program”00:36:58 Nation-State Adoption in Bitcoin00:43:37 What Happens if the Bitcoin ETF Doesn't Get Approved00:54:20 What Keeps Dr.Jeff and John “Bullish on Bitcoin?”01:03:31 How to Connect with Dr.Jeff and John Haar01:04:22 “Swan Signal Live” Outro"Welcome to Bitcoin"A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome Connect with Swan Bitcoin: YouTube: https://youtube.com/@Swan_Bitcoin Twitter: https://twitter.com/Swan Instagram: https://instagram.com/SwanBitcoin Telegram: https://t.me/swanbitcoin LinkedIn: https://linkedin.com/company/swanbitcoinSwan Bitcoin does not provide any investment, financial, tax, legal or other professional advice. We recommend that you consult with financial and tax advisors to understand the risks and consequences of buying, selling and holding Bitcoin. Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Start your Bitcoin journey today, and your first $10 purchase is on us https://swanbitcoin.com/yt Download the all-new Swan Bitcoin App https://www.swanbitcoin.com/app/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description Get your ticket for the Pacific Bitcoin Festival 2023 before prices increase! https://www.pacificbitcoin.com/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description Secure your bright orange future with the Swan IRA today! Real Bitcoin, no taxes https://www.swanbitcoin.com/bitcoin-ira/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description For high-net-worth individuals and corporations seeking to build generational wealth with Bitcoin, Swan Private is your guide https://www.swanbitcoin.com/private/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description Want to learn more about Bitcoin? Check out the Bitcoin Canon a curated list of the best Bitcoin resources from your favorite experts https://swanbitcoin.com/cannon/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description Get paid to recruit new Bitcoiners by joining Swan Force https://www.swanbitcoin.com/enlist/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description

✅ Sichere dir deinen Gold Night Platz: https://kettner.shop/kostenfrei_anmelden_1PF Auch wenn es um die Bankenkrise ruhig geworden ist, ist das nur die Ruhe vor dem Sturm. Denn das US-Bankensystem wird nur durch das Bank Term Funding Program der FED künstlich am Leben gehalten. Doch schon bald dieses Programm der FED aus und wir könnten eine Neuauflage der Bankenkrise erleben. Mehr dazu in diesem Video. ✅ Werde Teil unseres Teams: https://kettner.shop/komm_ins_team_1PF Wie hat Ihnen unser Beitrag gefallen? Wir würden uns über einen Daumen hoch und ein Abo unseres Kanals freuen. https://www.kettner-edelmetalle.de/

Jeanna Smialek is a reporter who covers the Federal Reserve and the economy for the New York Times, and is the author of a new book titled, *Limitless: The Federal Reserve Takes On a New Age of Crisis.* Jeanna is also a returning guest to Macro Musings and rejoins the podcast to talk about her book and its implications for the future of the Federal Reserve system. David and Jeanna also discuss the credit allocation vs. liquidity support debate, the Fed's definition of price stability, the Bank Term Funding Program, and a lot more.   Transcript for this week's episode   Jeanna's Twitter: @jeannasmialek Jeanna's New York Times profile   David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Join the Macro Musings mailing list! Check out our new Macro Musings merch!   Related Links:   *Limitless: The Federal Reserve Takes on a New Age of Crisis* by Jeanna Smialek

Jane Knodell, professor of economics at the University of Vermont and Author joins the show for a historical comparison between the previous bank runs & the banking turmoil of 2023. Knodell reflects on the development of the U.S banking system throughout history, the measures taken today to curb deposit flight and how the Federal Reserve ultimately became the lender of last resort. To hear all this and more, you'll have to tune in! — Follow Jane: https://twitter.com/JaneKnodell  Follow Jack Farley on Twitter https://rb.gy/uesguv  Follow Forward Guidance on Twitter https://rb.gy/cy0dki  Follow Blockworks on Twitter https://rb.gy/igyzsj  --  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw  Market commentary, charts, degen trade ideas, governance updates, token performance, can't-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos — Referenced In The Show: Making a Central Bank Out of the Federal Reserve: A Historical Perspective on Wartime Amendments to the Federal Reserve Act: https://www.researchgate.net/publication/368342410_Making_a_Central_Bank_Out_of_the_Federal_Reserve_A_Historical_Perspective_on_Wartime_Amendments_to_the_Federal_Reserve_Act  Fighting Financial Crises Learning from the Past Gary B. Gorton and Ellis W. Tallman: https://press.uchicago.edu/ucp/books/book/chicago/F/bo26527334.html — Timestamps: (00:00) Intro (00:19) Historial Comparisons To 2023's Banking Turmoil (02:37) The Difference Between Solvency & Liquidty In A Bank Run (07:17) Making a Central Bank Out of the Federal Reserve (11:42) The Role of Gold In The Federal Reserve's History (17:00) Why Did Gold Flee To The Fed In 1917? (22:57) Permissionless ad (24:00) The Federal Reserve: The Lender Of Last Resot (29:51) How Has The Banking System Developed Throughout U.S History? (35:21) The Collapse Of Silicon Valley Bank (38:11) The Bank Term Funding Program (41:14) All Roads Lead Back To Congress (46:50) Learning From The Lesson's Of The Great Depression (55:37) The Looming Debt Ceiling (58:19) Blockworks Research (59:20) The Trillion Dollar Coin — Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

As the banking sector is in the news again, investors wonder about an increase in borrowing from the Fed and possible restrictions on the horizon.----- Transcript -----Welcome to Thoughts on the Market. I'm Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist. Along with my colleagues, bringing you a variety of perspectives, I'll be talking about the ongoing tensions in the regional banking sector. It's Monday, May 1st at 2 p.m. in New York. At the outset, I would note that the news we woke up to this morning about JP Morgan's acquisition of First Republic is an important development. As Betsy Graseck, our large cap banks equity analyst noted, as part of this transaction JP Morgan will assume all $92 billion remaining deposits at First Republic, including the $30 billion of large bank deposits which will be repaid in full post consolidation. We believe that this is credit positive for the large cap bank group, as investors have been concerned that large banks would have to take losses against their $30 billion in deposits in the event First Republic was put into FDIC receivership. That said, we will be watching closely a key metric of demand for liquidity in the system, the borrowings from the Fed by the banks. The last two weeks saw consecutive increases in the borrowings from the Fed facilities by the banks, the discount window and the Bank Term Funding Program. That the banking system needed to continue to borrow at such high and increasing levels suggested that liquidity pressures remained and may have actually been increasing over the past two weeks. In light of the developments over the weekend, it will be useful to see how these borrowings from the Fed change when this week's data are released on Thursday. Last Friday, the Federal Reserve Board announced the results from the review of the supervision and regulation of the Silicon Valley Bank, led by Vice Chair for Supervision Michael Barr. The regulatory changes proposed are broadly in line with our expectations. The most important highlights from a macro perspective include the emphasis on banks management of interest rate risk and liquidity risk. Further, the report calls for a review of stress testing requirements. The Fed is now proposing to extend the rules that already apply to large banks now to smaller banks, banks with $100 billion to $700 billion in assets. These changes will be proposed, debated, reviewed and these changes will not be effective for a few years because of the standard notice and common periods in the rulemaking process. What are the market implications? We think that the recent events in the regional banking sector will cause banks to shorten assumptions on deposit durations, while potential regulatory changes would likely impact the amount of duration banks can take on their asset side. This is a steepener for rates, negative for longer duration securities such as agency mortgage backed securities and a dampener for the bank demand for senior tranches of securitized credit. While the implementation of these rules will take time, markets would be proactive. In the near-term, the challenges in the regional banks sector will likely result in lower credit formation and raise the risk of a sharper economic contraction. Thanks for listening. If you enjoy the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.

On todays episode of Forward Guidance, Nathan Tankus Author at Notes on the Crises joins the show for a deep dive into the shadow banking system, recent financial crises and the current state of the banking system post SVB's collapse.  Questioning conventional monetary theory, Nathan outlines his thesis authored in a recent paper released in January 2022 "The New Monetary Theory". Nathan also shares his thoughts on the current FDIC limit of $250,000 and how an increase in this limit could help prevent future bank panics. To hear all this and more, you'll have to tune in! -- Subscribe To Notes on the Crises: https://www.crisesnotes.com/ Follow Nathan on Twitter: https://twitter.com/NathanTankus Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ -- Referenced In The Show:  THE NIGHT THEY REREAD POZSAR (IN HIS ABSENCE): https://www.crisesnotes.com/the-night-they-reread-pozsar-in-his-absence/ The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry: https://www.amazon.co.uk/Best-Way-Rob-Bank-Own/dp/0292754183  THE NEW MONETARY POLICY: https://files.modernmoney.network/M3F000001.pdf?ref=crisesnotes.com The Federal Government Always Money-Finances Its Spending: A Restatement: https://www.crisesnotes.com/the-federal-government-always-money/ — Use code GUIDANCE10 to get 10% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023  Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Timestamps: (00:00) Intro (03:20) What Is Shadow Money? (14:51) The Collapse of SVB (22:42) The Bank Term Funding Program (29:29) The March Banking Panic Was NOT A Systemic Crisis (31:23) The Savings & Loans Crisis (37:37) Bank Crisis... But The Fed Hiked Rates? (45:17) The New Monetary Policy (01:04:03) Modern Monetary Theory (01:13:03) Re-Thinking Government Borrowing -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Recent bank failures are putting a spotlight on risky behaviors in the financial sector. The Federal Reserve is introducing a new way for banks to borrow money that's better for banks, but exposes the government to more cost and risk. Today, we explain the Bank Term Funding Program.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Bill Nelson is a chief economist and executive vice president of the Bank Policy Institute and was previously a deputy director of the Division of Monetary Affairs at the Federal Reserve Board, where his responsibilities included monetary policy analysis, discount window policy analysis, and financial institution supervision. He also worked closely with the BIS working groups on the design of liquidity regulations and is a previous guest of the podcast. Bill rejoins Macro Musings to talk about the Fed's balance sheet, and in particular, the impact that the Fed's response to the recent banking turmoil has had on its size, as well as the role being played by the Overnight Reverse Repo Facility. David and Bill also discuss the changes in collateral treatment brought about by the banking crisis, the invocation of 13(3) for the Bank Term Funding Program, the recent volume of discount window lending, and a lot more.   Transcript for the episode can be found here.   Bill's BPI profile BPI's Twitter: @bankpolicy   David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Click here for the latest Macro Musings episodes sent straight to your inbox! Check out our new Macro Musings merch here!   Related Links:   *Why is the Federal Reserve Abetting a Drain of Deposits from Banks?* by Bill Nelson and Greg Baer   *I Don't Know Why She Swallowed a Fly* by Bill Nelson   *The Federal Reserve's Balance Sheet: Costs to Taxpayers of Quantitative Easing* by Bill Nelson and Andy Levin

Microsoft Activision deal - back in the spotlight. Bank runs have cooled - but there are still questions. Resilient - yes, that's the word Fed officials will use. Over and over to describe banks. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - More Banks - But not to worry - Odds are for RATE CUTS this year starting July - Chili Cook Off - The Results (ask Andrew about the Cocoa) - Crawfish Boil and BBQ this weekend - What is JCD Doing? - Dueling message on Seaweed Blob - Moores law - Coiner - Dies Market Update - Big Bucks pulled from banks - (they have been screwing depositors for years with low rates) - Big banks getting those Big Bucks - Recession odds increased with all of these problems A Moment - Gordon Moore, the Intel Corp. co-founder whose theory on computer-chip development became the yardstick for progress in the electronics industry, has died. He was 94. Bank Notes - Nearly $100 billion in deposits pulled from banks; officials call system 'sound and resilient' - Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome Powell and more than a dozen other officials convened a special closed meeting of the Financial Stability Oversight Council on Friday. --- "The Council discussed current conditions in the banking sector and noted that while some institutions have come under stress, the U.S. banking system remains sound and resilient," the statement said. - Data released Thursday showed that institutions took a daily average of $116.1 billion of loans from the central bank's discount window, the highest since the financial crisis, and have taken out $53.7 billion from the Bank Term Funding Program. Sunday - Kashkari: “The banking system is resilient, and it's sound,” Kashkari told Margaret Brennan on CBS's “Face the Nation.” “The banking system has a strong capital position and a lot of liquidity and has the full support of the Federal Reserve and other regulators standing behind it. Now, I'm not saying that all of the stresses are behind us, I expect this process will take some time.” Controversial - Big banks, advising smaller banks... - The dynamic has put big banks like JPMorgan and Goldman Sachs in the awkward position of playing multiple roles simultaneously in this crisis. Big banks are advising smaller ones while participating in steps to renew confidence in the system and prop up ailing lenders like First Republic, all while gaining billions of dollars in deposits and being in the position of potentially bidding on assets as they come up for sale. New Programs - Because Banks are Sound - US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation. - AND YET - "I think this is more of a Bear Stearns moment. I think a lot of people, including me, said when they bailed out Bear Stearns, they increased moral hazard. They created an expectation of further bailouts," former FDIC Chair Sheila Bair said Friday - "[The government is] trying to imply that all uninsured are protected, which they don't have legal authority to do, frankly, and this is putting pressure on community banks," she said. "It's really troubling." First Citizens Buys Silicon Valley bank - SWEETHEART DEAL - First Citizens BancShares is acquiring $72 billion in SVB assets at a discount of $16.5 billion - But even after the deal closes, the FDIC remains on the hook to dispose of the majority of remaining SVB assets, about $90 billion, which are being kept in receivership. - And the FDIC agreed to an eight-year loss-sharing deal on commercial loans F...

After reviewing the circumstances leading to the failure of SVB and historic parallels, we discuss the merits of the regulators' decision to invoke the Systemic Risk Exception and protect all SVB deposit accounts, notwithstanding the $250,000 FDIC insurance limitation, alternate approaches that regulators might have considered for protecting uninsured funds, and the Fed's creation of the Bank Term Funding Program to make available additional funding to eligible depository institutions. We also discuss the impact of the mark-to-market accounting standard on bank liquidity and the role of the Fed's monetary and regulatory policies in SVB's failure. Finally, we discuss how the regulators could stop further runs on banks by temporarily covering all deposits, regardless of amount, or guaranteeing the full amount of demand noninterest-bearing transaction deposits and certain other accounts as the FDIC did during the recession of 2008-09. Alan Kaplinsky, Senior Counsel in Ballard Spahr's Consumer Financial Services Group, leads the discussion, joined by Scott Coleman, a partner in the firm and member of the firm's Banking and Financial Services team and the Distressed Financial Institutions and Counterparties component of the firm's Distressed Assets and Opportunities Initiative.

On this episode of THE FINANCIAL COMMUTE, host Chris Galeski invites Portfolio Management Analyst Hunter Daniel to discuss ways to protect your money in the wake of recent bank runs and bailouts.According to Hunter, the risk around the banking system today is much less than 2008 because the default rate on the mortgage rate is not as high as it was before the Great Recession. There are also more systems in place to prevent mass failures, like the Bank Term Funding Program, which allows banks to borrow money from the Fed against their assets to pay depositors. Still, it's important to take action if you have more money in the bank than the FDIC-insured limit. Hunter and Chris advise listeners to consider enrolling in ICS (Insured Cash Sweep) if they have a business account or a very large deposit in the bank to ensure their money is FDIC-insured. ICS can distribute the assets in your account to hundreds of different banks so that no more than the FDIC-insured limit sits at each bank. Morton advisors may also consider investing in Treasuries as a way to preserve capital because this allows for some interest to be earned while the money stays in your possession.  DISCLOSURES: Information presented is for educational purposes only and is not intended as an offer or solicitation with respect to the purchase of any security or asset class. This presentation should not be relied on for investment recommendations. Any investment strategy including the private investment opportunities discussed herein are speculative and involve a high degree of risk.  References to specific investments are for illustrative purposes only and should not be interpreted as recommendations to purchase or sell such securities.

On today's episode of The Macro Trading Floor, Alfonso & Andreas discuss the continued turmoil across the banking sector. Alfonso & Andreas break down the liquidity measures set in place for the current period of banking turmoil which include the Fed's discount window, Bank Term Funding Program and the record $60 billion usage in the FIMA repo facility. To hear all this and more, you'll have to tune in! -- Follow Andreas: https://twitter.com/AndreasSteno Follow Alf: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://www.themacrocompass.com/ Subscribe To Steno Research: https://stenoresearch.com/ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Today marks the 3-year anniversary of the Daily Market Briefing. Andrew, Ben, and Tom celebrate by discussing Janet Yellen's “flip flopping”, the stark increase in the Bank Term Funding Program, the financial sector stress impacting Deutsche Bank, the ticking timebomb that is First Republic, and some headlines from Altria.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure

NLW is joined by Ram Ahluwalia, CEO of Lumida Wealth Management. In this conversation, they discuss: The fall of Credit Suisse The Federal Reserve's new Bank Term Funding Program and whether it's inflationary  Why this crisis is currently deflationary  And more.  Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Join the discussion: https://discord.gg/VrKRrfKCz8   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Douglas Rissing/Getty Images, modified by CoinDesk.  Join the discussion at discord.gg/VrKRrfKCz8.   Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.  

A discussion on Credit Suisse, the Bank Term Funding Program and more.NLW is joined by Ram Ahluwalia, CEO of Lumida Wealth Management. In this conversation, they discuss:The fall of Credit SuisseThe Federal Reserve's new Bank Term Funding Program and whether it's inflationary Why this crisis is currently deflationary And more. -“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Douglas Rissing/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Federal Reserve's new bank backstop program is expected to inject up to $2 trillion in liquidity into the banking system, according to JPMorgan analysts. The Bank Term Funding Program is intended to prevent a firesale of sovereign debt to obtain funding and is expected to be attractive to a large number of institutions beyond those currently facing liquidity questions. Thanks for watching the Mike & Mario Show. Visit rethinkingthedollar.com to stay informed on the last in the news. Subscribe & click the

Steven Kelly is a senior research associate at the Yale Program on Financial Stability and is a previous guest of the podcast. Steven rejoins Macro Musings to talk about the recent bank collapses at Silicon Valley Bank (SVB) and Signature, the government response, and what this means for financial stability policy in the present and future. David and Steven also discuss the role that interest rate risk and macro policy played in SVB's failure, the debate over the systemic nature of this crisis, the implementation and use of the Bank Term Funding Program, and more.   Transcript for the episode can be found here.   Steven's Twitter: @StevenKelly49 Steven's Substack: Without Warning   David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Click here for the latest Macro Musings episodes sent straight to your inbox! Check out our new Macro Musings merch here!   Related Links:   Steven Kelly Twitter thread on SVB   Daniela Gabor Twitter thread on SVB   *Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response* by Jeanna Smialek and Alan Rappeport   *Monetary Tightening and U.S. Bank Fragility in 2023: Mark-to-Market Losses and Uninsured Depositor Runs?* by Erica Jiang, Gregor Matvos, Tomasz Piskorski, and Amit Seru

The halcyon days of quantitative easing made us all forget one simple truth. That in the annals of financial history, bank runs are numerous and inveterate. Like the coming of spring or another movie from the Marvel Cinematic Universe. Except that the Great Financial Crisis did in practice, if not in law, change the game for all time. There are now 4 unimpeachable megabanks enameled with Too-Big-Too-Fail status and unlimited deposit insurance. And there are all the other banks, to which depositors are merely unsecured lenders. But even then, The Fed and the Treasury are clothed in immense power, and can intervene in any financial calamity if they deem it to be systemically important. Thus, in the wake of even Silicon Valley Bank's collapse, they created the Bank Term Funding Program or BTFP. Do I really know what its provisions are? Of course not. I'm on Twitter too much to know the details.But we must ask the question, is this just Quantitative Easing by another name? And in the end, do all crises lead to unlimited easing by one road or another? For there is one thing that the events of 2008 made impossible. The collapse of collateral anywhere in the West. 

Diese Folge wurde am Donnerstag, 16. März, um 19:30 Uhr aufgenommen. Wir sie in der Nacht am Freitag, 17. März, um 01:00 Uhr auf dem Profil der «Börsenstrasse Fünfzehn» veröffentlicht. Jetzt ist unser Gespräch auch hier für Sie verfügbar. Folgen auch Sie der «Börsenstrasse Fünfzehn». Sie finden den Podcast auf allen gängigen Podcast-Plattformen. | Die Schweizerische Nationalbank rettet die Credit Suisse mit einem Kredit von 50 Milliarden Franken. Wie konnte es soweit kommen? Worin unterscheidet sich die Intervention der SNB von der UBS-Rettung von 2008? Und wieso wissen wir eigentlich nichts über die Bedingungen des Notkredits? Ausserdem sprechen wir über die amerikanische Silicon Valley Bank. Wieso ist sie Konkurs gegangen? Was macht die US-Zentralbank Fed, um das Finanzsystem zu stabilisieren? Und werden sich die Finanzmärkte jetzt wieder beruhigen? | Stichworte: Credit Suisse, Credit Suisse Rettung, Schweizerische Nationalbank, Nationalbank, SNB, Silicon Valley Bank, Bank Term Funding Program, Börsenstrasse Fünfzehn, Börsenstrasse 15, Alexandra Janssen, Fabio Canetg  

Best-selling author Jim Rickards (@JamesGRickards) returns to the podcast for the third time to share his views on the collapse of Silicon Valley Bank and why the intervention — especially the Federal Reserve's new emergency lending program, the Bank Term Funding Program — is the biggest bailout in history. Rickards is a New York Times bestselling author of Currency Wars: The Making of the Next Global Crisis and several other best-sellers, including The New Great Depression, Aftermath, The Road to Ruin, Death of Money, The New Case for Gold, and his newest book Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy. An investment advisor, lawyer, inventor, and economist, Rickards has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. He is also the Editor of Strategic Intelligence, a widely-read financial newsletter. 0:00 Intro 1:00 Reaction to SVB, Signature Bank failures 1:54 The mistake Silicon Valley Bank made 4:12 Bond Math 101 4:45 The Fed is between a rock and a hard place 4:52 Huge unrealized losses on the bond portfolio at SVB 6:35 There already was leakage 9:33 Friday's press release from the FDIC 12:50 Global ripple effects of SVB failure 14:50 Other banks had similar problems 17:08 Biggest bailout in history 23:00 Executive stock sales 24:11 There would likely have been lines at banks 25:00 The biggest crybabies were the billionaires 26:15 The banking system is effectively nationalized 32:00 This was risk management 101 39:46 The Volcker mistake 40:50 Inflation 42:30 You'll see the Fed expanding the balance sheet 43:30 Name your poison 44:10 25bps at the next Fed meeting is the most likely scenario 44:55 This is the no-drama Fed 45:45 ECB 46:10 It's a global economy 47:00 Panics have two stages 47:30 Credit Suisse 52:10 A road to ruin 54:35 Each bailout was bigger than the one before 55:30 A front based on confidence 58:30 Deteriorating trust in institutions 1:07:27 Gold

Our spicy take on the Silicon Valley Bank bailout, how it will impact everyday developers, and how badly this screws over small businesses.

Did we dodge the bullet? Federal agencies on Sunday approved plans to safeguard depositors affected by the collapse of Silicon Valley Bank on Friday, and the Federal Reserve is creating a Bank Term Funding Program to secure financial institutions from instability amid the SVB failure. Squawk Box's Becky Quick, Andrew Ross Sorkin and Steve Liesman discuss the near-miss, how government action prevented a broader financial crisis, and the moral hazard of the federal action.  Alexis Ohanian, venture capitalist and Reddit co-founder, describes the 72 hours of chaos experienced by young, start-up companies following the shutdown of Silicon Valley Bank.  The veteran entrepreneur who also funds early-stage companies said venture capitalists raised the alarm but should say “thank you” for the government backstop.  And, Camp cp-founder Ben Kaufman runs his business from the funds in his Silicon Valley Bank account; he shares the anxiety he felt over the weekend, looking for a cash infusion.  In this episode:Alexis Ohanian,@alexisohanianBen Kaufman, @benkaufmanSteve Liesman, @steveliesmanAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie

The BTFP is the new facility that will be used to bail out the banks. https://www.federalreserve.gov/newsev... https://www.bloomberg.com/news/articl... uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria, OR 97103 Instagram uneducated.economist Patreon https://www.patreon.com/UneducatedEco... Want to buy me a coffee? https://www.paypal.me/meatbingo https://cash.app/$bingo503 https://venmo.com/code?user_id=211351... --- Support this podcast: https://anchor.fm/youguysletmeknow/support

(3/13/23) Silicon Valley Bank placed into receivership, and the Fed sets up a Bank Term Funding Program to take in collateral at 100-cents on face-value, regardless fo the underlying market value. That will give banks access to capital to meet depositor demand. For now, additional Fed Rate hikes are off the table.The possible ripple effect into regional banks is starting to worry markets, as well as depositors. The last thing the Fed wants is a run on the banks because the deposits aren't there, thanks to fractional reserve banking. Markets' response on Friday took out the rising trend line from October lows, and markets will begin trading below that support line. The risk-off trade is to be long in Treasury Bonds. The risk-off trade may continue if SVB turns out to be more than a one-off bank failure.  Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton --------  Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel:  https://www.youtube.com/watch?v=CLk3BXsI8dM&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1  ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #SiliconValleyBank #FederalReserve #Backstop #BankFailure #Deposits #BankTermFundingProgram #Markets #Money #Investing 

http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554) Gabelli Funds Portfolio Manager, Macrae Sykes, discusses the Silicon Valley Bank takeover by regulators and the Federal Reserve's new Bank Term Funding Program to provide liquidity to institutions as they cope with mark to market losses on longer dated government securities.

The US government says People and businesses who have money deposited with failed US bank Silicon Valley Bank will be able to access all their cash from Monday. A statement from the US Treasury, the Federal Reserve and Federal Deposit Insurance Corporation said depositors would be fully protected. The statement says the taxpayer will not bear any losses from the move as SVB was shut down by regulators who seized its assets on Friday. The Federal Reserve says it would offer assistance through a new Bank Term Funding Program, making it easier for banks to borrow from it in a crisis.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4090160/advertisement