POPULARITY
When a Brazilian payment system threatens U.S. credit-card profits, it exposes a deeper fracture in the global economy: sovereignty versus rent-seeking, innovation versus control. Jacob and Rob trace the fight over PIX from Brasília to Washington and beyond -into currency wars, trade tantrums, and the strange new politics of the Western Hemisphere. What does it mean when the world's “rules-based order” starts punishing countries for building better systems?--Timestamps:(00:00) - Introduction and Podcast Overview(00:50) - Halloween in Paris vs. New Orleans(01:40) - Current Events and Volatility(02:36) - Introduction to Pix Payment System(03:25) - How Pix Works and Its Impact(05:58) - US Investigation into Pix(08:35) - Geopolitical Implications and US-Brazil Relations(13:30) - Privacy Concerns and Central Bank Control(17:23) - Credit Card Companies vs. Pix(22:25) - Brazil's Political Landscape and Economic Outlook(28:08) - US-Argentina Relations and Economic Policies(30:25) - Discussing Currency Strategies(31:16) - Argentina's Currency Swap and US Involvement(32:49) - US Banks and Argentina's Financial Crisis(35:55) - US Military Buildup in the Caribbean(36:48) - US-Colombia Relations and Regional Tensions(42:22) - Impact of Cocaine Production on Latin America(48:35) - Currency Discipline and Global Financial Stability(54:27) - The Future of Global Currencies(01:00:19) - Conclusion and Final Thoughts--Jacob Shapiro Site: jacobshapiro.comJacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416Jacob Twitter: x.com/JacobShapJacob Shapiro Substack: jashap.substack.com/subscribe --The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com --Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today's volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.--This podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
Transferring credit risk via these mostly fully collateralized transactions moderately reduces capital needs, though the deals are opaque and there is some concentration risk. Speakers: Farooq Khan, VP-Senior Analyst, Moody's Ratings; Warren Kornfeld, Senior Vice President, Moody's RatingsHost: Danielle Reed, VP-Senior Research Writer, Moody's Ratings Related Research: Banks – United States of America: Credit risk transfer use should remain modest, but investor concentration is high 6 May 2025Banks – Europe: SRTs to support bank capital despite concentration and regulatory scrutiny 6 May 2025
The Trump administration is paving the way for more US bank mergers, and China's online retail giants are losing some key customers. Plus, the race to replace Federal Reserve Chair Jay Powell is heating up, and the UK is trying to make financial advice more accessible. Mentioned in this podcast:Deal hunger stirs among US banksUS shoppers ditch Shein and Temu as Trump closes tax loopholeWhite House says decision on nominating next Fed chair not ‘imminent'UK launches biggest financial advice shake-up in more than a decadeToday's FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Ethan Plotkin, and Marc Filippino. Additional help from Alexander Higgins and Peter Barber. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Crypto News: Major U.S. Banks such as JPMorgan and Bank of America to create a join stablecoin which seems like a CBDC. $160M in stolen from SUI DEX. DeLorean Labs launches NFTs on SUI. Show Sponsor - ✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/
Today's blockchain and crypto news Major US banks in early talks for joint stablecoin venture Bitcoin and Ethereum ETFs see highest combined daily inflows since January HYPE token hits new high above $35 as Hyperliquid open interest surpasses a record $9 billion. CFTC official says crypto perpetual futures trading could come to US. Learn more about your ad choices. Visit megaphone.fm/adchoices
The emergence of tariffs led to a broad selloff of US banks amid fears of slower economic growth or even a possible recession. Banks' first-quarter earnings season showed strong performance before the onset of tariffs, but ultimately might have left investors with more questions than answers. In the episode, senior reporter Harry Terris shared the key takeaways from large banks' first-quarter results and highlighted commentary from JPMorgan, Bank of America, Capital One, First Citizens and others. The results show a noticeable divide between "hard" data, such as consumer spending strength, and "soft" data, like stock market volatility and economic forecasts. Despite the uncertainties, major banks have largely maintained their financial guidance. However, they have adjusted loan growth expectations downward due to a more cautious approach from clients, reflecting a "wait and see" attitude amid the current economic climate. Bank news lead Lauren Seay further discussed how tariffs are expected to negatively impact M&A activity, but also notes that the trade policies have not completely stymied bank deals, with large transactions like Columbia Bank's plans to purchase Pacific Premier surfacing since tariffs were announced.
Widely regarded as bellwethers of the economy, US banks kicked off 2025’s first quarterly earnings season with a relatively positive start thanks in part to trading and business activities. While that provided a much needed relief from the volatility of recent weeks, one narrative echoing across the board suggests that markets are not completely out of the woods just yet. Dan Koh and Ryan Huang break down the latest financial statements of JPMorgan, Morgan Stanley, and Wells Fargo, and investigate what they are forecasting for the US economy for the rest of this year.See omnystudio.com/listener for privacy information.
US tariff exemptions on personal electronics may only be temporary, and big banks posted major earnings on Friday despite some economic headwinds. Plus, the European Union and the UK are getting closer to signing a defense pact, and the Trump Administration's pressure on universities could drive students and faculty overseas. Mentioned in this podcast:US tech tariff exemption will be temporary, says LutnickJPMorgan chief Jamie Dimon warns of ‘considerable turbulence' in US economyWarning lights flash for US consumer strength as credit defaults riseAmerican academics seek exile as Trump attacks universitiesAI praise-giving tool promises ‘authentic' insightsUK and EU close ranks on defence amid Trump turmoilThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Stephen Grootes speaks to Tracey Davies, Executive Director at Just Share, about the withdrawal of major financial institutions from climate action-related alliances.See omnystudio.com/listener for privacy information.
On the week Donald Trump retook the position of US president, a handful of banking stocks released strong results. Jemma Slingo joins host Dan Jones to explore what investors need to know about Trump's potential impact, the differences between UK and US banks, and a broader outlook for the year. It's then onto this week's cover feature on creating five-year outlooks for markets. Alex Newman runs through his thinking behind the piece, the challenges that arise when predicting market moves, and his predictions for gold.Last up, Julian Hoffman talks weight-loss drugs. He and Dan discuss what investors can expect in the year ahead, why Novo Nordisk's results were disappointing, and more. Timestamps 1:11 US banks12:22 A five-year outlook24:58 BiotechClaim your first 12 weeks of Investors' Chronicle Print + Digital for just £12. You will get instant access to our website and app, plus the magazine delivered to your door every week. To start your trial, visit www.investorschronicle.co.uk/podcasttrial *After your 12-week trial you will pay just £62 every 13 weeks by direct debit. If you're not entirely satisfied, you can cancel up to 5 business days before your renewal date and only pay the £12 already debited. This offer is for UK subscribers only. Hosted on Acast. See acast.com/privacy for more information.
We're going to see a 'knock-on' effect on commercial real estate loans, with ripple effects from store closures, rising vacancies, and mounting consumer and corporate debt in 2025, warns Nomi Prins, renowned American economist, author, journalist, and public speaker. Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ https://calendly.com/itmtrading/podcast or Call 866-349-3310
Christopher Wolfe, Managing Director for North America Banks, and Justin Patrie, Head of Fitch Wire, look back at US banks' performance and rating trends in 2024 and discuss expectations for 2025, including potential post-election policy changes.
Russia has expanded the capacity of its shadow fleet of oil tankers despite western sanctions, and US bank stocks hit their highest level since before the collapse of Silicon Valley Bank on Friday, following better than expected quarterly earnings. Plus, the Eurozone's weak economic growth and sluggish consumer prices have raised concerns about low inflation, and Argentina's president Javier Milei is not ready to lift the country's currency controls.Mentioned in this podcast:Russia's shadow fleet grows despite western crackdown US bank stocks pass pre-SVB high on hopes for economic ‘soft landing' Spectre of low inflation returns to haunt Eurozone policymakers Argentina's Javier Milei says his ‘regime of freedom' not ready to drop currency controlsMusk's SpaceX catches returning booster rocket in technical milestone The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
With less than a month to go to US elections, how will markets trade? We ask Kelvin Wong, Senior Market Analyst, OANDA that question and his thoughts on the recent results from US Banks.Image Credit: Shutterstock.com
// Merlin - SIGN UP FREE 30 DAY TRIAL https://tinyurl.com/MerlinGMCYouTube //// T H E 3 T W A R R I O R A C A D E M Y // Join the 3T Warrior Academy: https://3twarrior.com/warrioracademy?affiliate_id=3827481 // Join our Free Discord: https://3twarrior.com/discord49541345 //// F O L L O W T H E T E A M // Official Good Morning Crypto https://linktr.ee/3tGMCrypto Twitter: https://twitter.com/3tGMCrypto // Abs Instagram: https://www.instagram.com/Abs3t/ Twitter: https://twitter.com/AbsGMCrypto // Johnny Krypto https://linktr.ee/johnnykrypto Twitter: https://twitter.com/JohnnyKrypto00 YouTube: https://www.youtube.com/channel/UCm-qyQNf1rnUaw6u20mKCVw // Gonzo Twitter: https://twitter.com/gonzo_3t Instagram: https://www.instagram.com/gonzo_3t/ // Mario | Node Defender https://linktr.ee/LinkWithMario Twitter: https://twitter.com/LinkWithMario Youtube: https://youtube.com/@LinkWithMario Instagram: https://www.instagram.com/LinkWithMario/ TikTok: https://www.tiktok.com/@LinkWithMario // Andrew Cashflow Website: https://www.andrewcashflow.com/ Instagram: https://www.instagram.com/andrewcashflow/ Twitter: https://twitter.com/AndrewCashflow YouTube: https://www.youtube.com/@andrewcashflow // NFTtones: https://linktr.ee/NFTtones //// Disclaimer: All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. We are not financial advisers & this is not financial advice. #Crypto #CryptoNews #Bitcoin #BTC #ethereum #eth #ripple #xrp #chainlink #quant #polygon #qnt #cardano #xlm #hbar #cspr #algo #algorand #cspr #Abs #JohnnyKrypto #GoodMorningCrypto #stellar #fednow #ada #digitalcurrency #digitalassets #tokenization #ada #hbar #hedera #usdc #usdt #jennax #ripplewin #xdc #xinfin #rippleceo #bradgarlinghouse #nft #nfts #xrppump #chainlinks #swift #tokenizedassets #xrpltokenization #uphold #coinbase #visa #fidelity #bitcoinetf #micklexrp #xrpmickle #mickle #ripplepartnership Learn more about your ad choices. Visit megaphone.fm/adchoices
Working 14 hours a day, 7 days a week. The employee's death that has exposed 100 hour work weeks at well-known US banks. Dave and Debbie talk about how work cultures can cause problems that seep into our normal lives, and take calls from listeners on their experience of being overworked.
Rate hikes by the Federal Reserve and changes in post-pandemic behavior have put pressure on commercial real estate (CRE) borrowers needing to refinance loans coming due. The tally is nothing to sneeze at, with approximately $950 billion in CRE mortgages set to mature in 2024, according to S&P Global Market Intelligence's analysis of nationwide property records. In the episode, S&P Global Market Intelligence analysts Tom Mason, Chris Hudgins and Zain Tariq discuss the threat of maturing CRE mortgages and what portion of those loans are in the troubled office sector. The trio also outlined differences in valuations across different CRE categories, the potential read through provided by the publicly traded REIT sector, and how banks are managing their CRE exposures and reacting to regulatory and investor scrutiny into the asset class.
Monday, July 29th 2024Today, President Biden's Justice Department has arrested the leaders of the Sinaloa drug cartel taking out the biggest fentanyl importers from Mexico; the fundraising and endorsements keep pouring in for Vice President Kamala Harris; the FBI amends their statement about what struck Trump's ear during the assassination attempt; the deputy who murdered Sonya Massey worked for 6 agencies in four years as Trump earns the police union's endorsement; a Maricopa County judge has stricken the phrase unborn human being from the Arizona November ballot initiative to preserve the right to an abortion; US banks will begin reporting Russian assets for forfeiture under a new Biden Administration law; plus Allison and Dana deliver your Good News.National Organizing Call w/ Vice President Harris (democrats.org)DUDES FOR HARRIS CALL SIGN-UP FORM (google doc)Promo Code:For up to 30% off all mattress orders AND two free pillows for our listeners! Go to https://www.helixsleep.com/dailybeans.StoriesMexican cartel leader known as “El Mayo” pleads not guilty in federal court (Los Angeles Times)Sonya Massey's family questions how deputy was hired given past: 'There were so many red flags' (NBC News)Arizona judge rejects wording for a state abortion ballot measure. Republicans plan to appeal (ABC News)US banks to begin reporting Russian assets for eventual forfeiture under new law (AP News) Check out other MSW Media podcastshttps://mswmedia.com/shows/Subscribe to Lawyers, Guns, And MoneyAd-free premium feed: https://lawyersgunsandmoney.supercast.comSubscribe for free everywhere else:https://lawyersgunsandmoney.simplecast.com/episodes/1-miami-1985Subscribe for free to MuellerSheWrote on Substackhttps://muellershewrote.substack.comFollow AG and Dana on Social MediaDr. Allison Gill Follow Mueller, She Wrote on Posthttps://post.news/@/MuellerSheWrote?utm_source=TwitterAG&utm_medium=creator_organic&utm_campaign=muellershewrote&utm_content=FollowMehttps://muellershewrote.substack.comhttps://twitter.com/MuellerSheWrotehttps://www.threads.net/@muellershewrotehttps://www.tiktok.com/@muellershewrotehttps://instagram.com/muellershewroteDana Goldberghttps://twitter.com/DGComedyhttps://www.instagram.com/dgcomedyhttps://www.facebook.com/dgcomedyhttps://danagoldberg.comHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/From The Good NewsLaughter-Induced Syncope: No Laughing Matter (amjmed.com)National Organizing Call w/ Vice President Harris (democrats.org)FOR HARRIS CALL SIGN-UP FORM (google doc) Live Show Ticket Links:https://allisongill.com (for all tickets and show dates)Friday August 16th Washington, DC - with Andy McCabe, Pete Strzok, Glenn Kirschner https://tinyurl.com/Beans-in-DCSaturday August 24 San Francisco, CA https://tinyurl.com/Beans-SF Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/OrPatreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts
// Merlin - SIGN UP FREE 30 DAY TRIAL https://tinyurl.com/MerlinGMCYouTube //// T H E 3 T W A R R I O R A C A D E M Y // Join the 3T Warrior Academy: https://3twarrior.com/warrioracademy?affiliate_id=3827481 // Join our Free Discord: https://3twarrior.com/discord49541345 //// F O L L O W T H E T E A M // Official Good Morning Crypto https://linktr.ee/3tGMCrypto Twitter: https://twitter.com/3tGMCrypto // Abs Instagram: https://www.instagram.com/Abs3t/ Twitter: https://twitter.com/AbsGMCrypto // Johnny Krypto https://linktr.ee/johnnykrypto Twitter: https://twitter.com/JohnnyKrypto00 YouTube: https://www.youtube.com/channel/UCm-qyQNf1rnUaw6u20mKCVw // Gonzo Twitter: https://twitter.com/gonzo_3t Instagram: https://www.instagram.com/gonzo_3t/ // Mario | Node Defender https://linktr.ee/LinkWithMario Twitter: https://twitter.com/LinkWithMario Youtube: https://youtube.com/@LinkWithMario Instagram: https://www.instagram.com/LinkWithMario/ TikTok: https://www.tiktok.com/@LinkWithMario // Andrew Cashflow Website: https://www.andrewcashflow.com/ Instagram: https://www.instagram.com/andrewcashflow/ Twitter: https://twitter.com/AndrewCashflow YouTube: https://www.youtube.com/@andrewcashflow // NFTtones: https://linktr.ee/NFTtones //// Disclaimer: All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. We are not financial advisers & this is not financial advice. #Crypto #CryptoNews #Bitcoin #BTC #ethereum #eth #ripple #xrp #chainlink #quant #polygon #qnt #cardano #xlm #hbar #cspr #algo #algorand #cspr #Abs #JohnnyKrypto #GoodMorningCrypto #stellar #fednow #ada #digitalcurrency #digitalassets #tokenization #ada #hbar #hedera #usdc #usdt #jennax #ripplewin #xdc #xinfin #rippleceo #bradgarlinghouse #nft #nfts #xrppump #chainlinks #swift #tokenizedassets #xrpltokenization #uphold #coinbase #visa #fidelity #bitcoinetf #micklexrp #xrpmickle #mickle #ripplepartnership Learn more about your ad choices. Visit megaphone.fm/adchoices
Ever wondered how a hurricane might impact the financial sector, or why granular data on property locations is essential? Curious about how these findings might influence future governmental policies and corporate risk management strategies?The Federal Reserve Board (FRB) was too. This year, the FRB asked six major U.S. banks to scrutinize their resilience to physical climate risks. This pilot study aimed to understand the financial stability of the mortgage loan ecosystem in the face of accelerating climate risk, and the results revealed significant data gaps and reliability issues that banks need to address.The identification of these gaps underscores the need for detailed, data-driven understanding when measuring the evolving impact of climate risk. To discuss the link between understanding climate risk and financial stability, Kent David, Director of Hazard Science and Analytics Consulting, and George Gallagher, Director of Climate Risk and Natural Hazard Solutions join Core Conversations host Maiclaire Bolton Smith. In this episode, the trio discusses how the banks approached climate risk, the challenges of integrating granular data, and the critical importance of understanding insurance market dynamics in this context.In This Episode:2:08 – Why is the Federal Reserve Board (FRB) looking at the intersection between climate risk modeling and enterprise risk management?5:09 – What exactly did the FRB find in their pilot study?8:15 – Erika Stanley goes over the numbers in the housing market in The Sip.9:23 – The FRB study found that there was limited data and limited reliability in model output. What does that mean?13:40 – How will more granular data help improve models? And what exactly qualifies as quality granular data?16:45 – Why can't historical climate patterns be used for forecasting models?18:27 – What are some of these consequences that the different industries might be facing in the wake of accelerating climate risk?21:58 – Erika Stanley reviews natural catastrophes and extreme weather events across the world.22:35 – Is it possible to anticipate what may happen long-term with the climate and how it will affect business operations?Up Next: SEC Climate Disclosure Guidance Timeline Pause: Why Companies BenefitLinks: SEC Climate Disclosure Guidance Timeline Pause: Why Companies BenefitSEC Final Climate Disclosure RuleHazard HQ Command CentralRead CoreLogic Intelligence Find full episodes with all our guests in our podcast archive here:
Get ahead of market trends with Bret Kenwell's expert analysis on stocks, crypto, and the economy. In this episode of Wealthion, host James Connor is joined by Bret Kenwell, an investment and options analyst at eToro. Together, they delve into the latest market trends, discussing everything from the soaring highs of AI stocks to the evolving landscape of cryptocurrencies like Bitcoin and Ethereum. Bret also shares his insights on the health of the US economy, the consumer market, and potential impacts of Federal Reserve policies. Whether you're a seasoned investor or just starting out, this episode is packed with valuable information to help you build and protect your wealth. TIMESTAMPS: 00:00 - Introduction 01:27 - US Banks & Earnings Season 03:00 - Consumer Spending & Economic Health 03:35 - Real Estate Market Analysis 04:45 - AI Stocks & Valuations 07:23 - US Economy & GDP Concerns 12:20 - Inflation & Federal Reserve Policies 15:39 - Cryptocurrency Insights: Bitcoin & Ethereum 20:14 - Options Trading Trends 21:45 - Roaring Kitty & Market Impact 22:54 - Upcoming Earnings & Economic Data 25:57 - Conclusion
Discover Jonathan Wellum's insights on how to safeguard your wealth ahead of looming economic challenges and the unavoidable banking crisis. Join host James Connor on Wealthion as he sits down with Jonathan Wellum, CEO of Rocklink Investment Partners and a Wealthion-endorsed financial advisor for Canadian investors. In this episode, Jonathan discusses the current state of the banking sector, the implications of recent market volatility, and strategic TIMESTAMPS: 00:00 - Introduction 01:24 - Current Market Overview 02:30 - Analysis of US Banks' Performance 04:52 - The Potential September Rate Cut 06:00 - Market Rotation and Potential Impact of Trump Presidency 07:07 - The AI Investment Bubble 09:53 - Impact of Trump's Policies on US and Canadian Economies 13:11 - Strong US Economy's Benefits for Canada 17:28 - Rocklink's Investment Strategy and Philosophy 20:24 - Allocation Breakdown Between Canada and US 22:19 - Canadian Housing Market and Bank Amortization Concerns 28:59 - Key Investment Sectors: Precious Metals, Infrastructure, and More 32:24 - The Rationale for Investing in Gold 35:25 - Divergence in Performance of Large Cap Gold Producers 37:49 - Canadian Politics and Potential Government Change
Our analysts discuss which segments and loan types pose the largest risks to US banks and life insurers, and zero in on concentration risks in asset portfolios.Speakers: Evelyn Ocas Salazar, AVP-Analyst, Moody's Ratings; Darrell Wheeler, VP-Senior Credit Officer, Moody's Ratings; Stephen Lynch, VP-Senior Credit Officer, Moody's Ratings, Hosts: Danielle Reed, VP – Senior Research Writer, Moody's Ratings; Michael Porta, VP – Senior Research Writer, Moody's RatingsRelated Research:Banks – US: CRE survey loan-level analysis shows solid underwriting, high concentration riskBanks – US: Retained capital, strong liquidity are key credit buffers for CRE-concentrated banksLife Insurance — US: Commercial real estate risks still abound, especially in the office sector
The ASX200 is set to hit 8,000 for the first time ever while mining stocks are in focus ahead of Rio Tinto's production numbers. Wall Street hits new record highs despite US Banks retreat after mixed earnings. Meanwhile, Chinese authorities gather to discuss key economic outcomes and Tom and Ryan discuss how recent events involving Trump will impact the markets. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
► Get a free share! This show is sponsored by Trading 212! If you'd like to sign up for an account and get a free share you can do so on the link below! https://www.trading212.com/Jdsfj/FTSE ► Get 15% OFF Finchat.io: Our friends at Finchat.io have kindly offered our subscribers 15% off any paid subscription on their site. We highly recommend this tool for stock analysis and summarising earnings calls! https://finchat.io/playingftse/?lmref=iQl2VQ ► Episode Notes: How far is Cumbernauld from Hull City Centre? Find out on this week's PlayingFTSE Show! There's lots to talk about on this week's show. Steve and Steve have had a good week in the markets and are dying to talk about it. It's no secret that the London Stock Exchange has been struggling to attract listings lately with the likes of Arm, TUI, and Flutter looking elsewhere. But the FCA has some ideas for how to change this. A raft of measures have been announced including removing market cap restrictions and relaxing profitability requirements, but will any of them work? Steve and Steve have some ideas. Earnings season in the US has kicked off and – as usual – Steve W has been looking at the banking sector. Wells Fargo, Citigroup, and J.P. Morgan have all reported earnings with more to come. Despite beats almost across the board, the stocks are all down. But is a rise in investment banking revenue something for shareholders to get excited about over the next few months and years? Terry Smith has been catching investors up on the progress of Fundsmith's results. The UK's Warren Buffett has been underperforming the S&P 500 – but he has a good reason. Not owning Nvidia has led a lot of investors to miss out on some spectacular returns. But Steve D is doubtful that this is the only reason for the fund's underperformance over the last year. A.J. Barr is a stock we haven't spoken about on the podcast before – at least, not in any depth. But Steve W thinks it might be an interesting opportunity at the moment. As the company embarks on its ‘margin rebuild' programme after a 2022 acquisition, earnings are set to rise. Could that – plus some multiple expansion – generate a 30% return by the end of 2026? Only on this week's PlayingFTSE Podcast! ► What We Consumed This Week: ► Support the show: Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse (All proceeds reinvested into the show and not to coffee!) There are many ways to help support the show, liking, commenting and sharing our episodes with friends! You can also check out our clothing merch store: https://playingftse.teemill.com/ We get a small cut of anything you buy which will be reinvested back into the show....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?) ► Timestamps: 0:00 INTRO & OUR WEEKS 10:25 FCA CHANGES 23:48 US BANKS 38:01 TERRY SMITH UNDERPERFORMS 50:36 AG BARR ► Show Notes: What's been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that's accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy ► Wanna get in contact? Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow Or on Instagram: https://www.instagram.com/playing_ftse/ ► Enquiries: Please email - playingftsepodcast@gmail(dot)com
Largest US Banks I continue to remain optimistic about investing in the large financials, specifically the money center banks. For the most part they trade at good valuations and the recent stress test shows they remain healthy. All 31 of the largest US banks passed the Federal Reserve's annual stress test, which provided a hypothetical scenario where unemployment levels rose to 10%, commercial real estate values decreased by 40% and housing prices fell by 36%. Following the results, the banks released plans to buyback stock and increase dividends. JPMorgan increased its dividend 8.7% and authorized a new $30 B share repurchase program. Jamie Dimon noted the dividend increase marked the second this year for JPM. Citigroup raised its dividend 5.7% and said it would continue to assess share repurchases. Bank of America increased its dividend 8%, but made no mention of share repurchases. Wells Fargo increased its dividend 14% and said it has the capacity to buy back common stock over the four-quarter period starting Q3 2024 through Q2 2025. You likely won't see these stocks double over the next 12 months, but I believe many of them over the next few years could produce sound returns of around 10% when including dividends. Jobs Report The labor market continues to soften, which should be a positive for Fed rate cuts. Nonfarm payrolls increased by 206,000 in the month of June, which was better than the 200,000 estimate but less than the downwardly revised gain of 218,000 in the month of May. Combined, nonfarm payrolls in April and May were reduced by 111,000. Looking under the hood, the report was even weaker than the headline number indicated considering government was the second largest contributor adding 70K jobs in the month. Health care and social assistance continued to lead the way as the sectors added 82.4K jobs and construction was strong as well as it added 27K jobs. Areas of weakness included manufacturing (-8K), retail trade (-8.5k), and professional and business services (-17K). Wage gains also continued to soften as average hourly earnings were up 3.9% year over year. This was below last month's reading of 4.1% and is well below the high in 2022 of 5.9%. The unemployment rate climbed to 4.1%, which tied the highest level since October 2021. Part of the increase in the unemployment rate came from a 0.1 percentage point increase in the labor force participation rate to 62.6%. The so-called prime age rate, which focuses on those between ages 25 and 54, rose to 83.7%, its highest in more than 22 years. While a lot of this report may sound negative, it is important to remember that the labor market is softening from a very strong level. We also need to see the labor market soften to give the Fed more confidence in their ability to cut interest rates. I would say this report was very positive considering it achieved the goal of softening without being damaging. We should keep an eye on the reports moving forward to make sure the labor market doesn't fall off a cliff, but as of right now I don't see that happening. Labor Market In the recent JOLTs report, job openings showed the labor market continues to soften but to a healthy level. Openings stood at 8.1 million in the month of May, which was an increase from 7.9 million in April. While openings have fallen from a record of around 12 million in 2022, they are still above prepandemic levels when they were tracking at just under 7 million. The report showed the number of job openings for each employed worker remained at 1.2. This is below the peak of 2.0 in 2022, but it is right around prepandemic levels. I would not be surprised if we continue to see the labor market soften even a little further. I believe this would be healthy for the economy as it would create a more balanced labor market between employers and employees. Risky Investing I'm very concerned that the bar on risk taking in investing continues to rise. We are already dealing with craziness like GameStop, Roaring Kitty, cryptocurrencies with no real value, and technology companies that have expectations that the earnings will continue to go to the moon. Now add to that list what is known as “zero days to expiration” better known as 0DTE options. These options currently account for nearly half of the daily volume of the S&P 500 index options, more than double the 17% in 2020. These are simply one day options on the S&P 500 and the NASDAQ 100. It is estimated by early 2025 these 0DTE's will be available for individual equities as well. That's unbelievable! There will be sometime in the future that an event will cause wide volatility and many of these gamblers will lose large amounts of money. I'm disappointed that this is being allowed and the SEC and other regulators are letting this happen. I can't believe I'm going to put this in print, but maybe I should send this to Elizabeth Warren. I'm afraid unsuspecting people with money will see on social media some people shouting how they made tens of thousands of dollars one day with small investments. What you won't see is the larger majority of investors losing large sums through this gambling tool. In fact, retail investors lost more than $350,000 on 0DTE options on an average trading day between May 2022 and September 2023. You also won't see the fact that institutional traders with their algorithmic trading and market makers are able to pounce on split second moves, leaving retail investors with the losing crumbs. I'm in hopes sometime down the road we will see these smaller brokerage firms that are pushing the 0DTE's hit with large fines and hopefully forced into bankruptcy. However, in the meantime, these brokerage firms will be bringing in millions and maybe billions of dollars in fees and commissions. There are more portions of the market now that is no longer investing, but more like playing the lottery or gambling and betting on short term movements. In my opinion 0DTE's should be illegal and people gambling like this should lose their money as it is high risk gambling. What concerns me is they will relate it to the stock market and when they lose money they will say the stock market is risky. If you invest in good quality equities and have a time horizon of 3 to 5 years and they have strong fundamentals, stocks are not risky. Unfortunately, many people right now are caught up in the hype and are more into gambling rather than investing. Financial Planning: Reviewing Mid-Year Income Now that we are half way through the year, it can be helpful to review your income to estimate how you will end up by the end of the year and make some adjustments. Maybe you had some unexpected income like extra capital gains or a bonus or perhaps your business had more sales than you were expecting. These increases in income may push you into a higher tax bracket or trigger income-related surcharges like the net investment income tax or IRMAA. More income is better than less, but if this is the case, now is the time to mitigate the tax hit. If you are still working, it may be helpful to increase retirement contributions or change which accounts you are contributing to. If you are retired, you might want to adjust how much you are withdrawing from accounts or adjust which accounts you are withdrawing from. It may also be necessary to adjust your withholdings or make an estimated tax payment if you have not withheld enough so far to prevent extra penalties and interest for underpayment of taxes. With rising rates, the interest for underpayment of taxes is much higher than in years past. Other tax strategies like Roth conversions are better implement at the end of the year, but making mid-year adjustments can help your annual income end up where it needs to be. Stocks Discussed: Micron (MU), Whirlpool (WHR), Nike (NKE)
WSO Weekly Wrapup - Sign Up for the Newsletter Here The Daily Peel - Sign Up Here Join our Discord - Sign Up Here
Our 2024 Banking System Outlooks show more European systems joining the US on negative as economies slow and loan performance weakens. China stays negative, while India is positive.Speakers: Warren Kornfeld, Senior Vice President, Moody's Ratings; Effie Tsotsani, VP-Senior Analyst, Moody's Ratings; Juwon Lee, VP-Senior Analyst, Moody's RatingsHosts: Carolyn Henson, VP – Senior Research Writer, Myles Neligan, VP- Senior Research Writer, Moody's Ratings
In today's show, we have a SPECIAL GUEST Natalie Brunell! We look at the MAJOR potential for Bitcoin to dump due to the #Celcius, #US Banks on the verge of collapse & the Federal Reserve remains hawkish!
Bank earnings season is well underway with DICK BOVE, the dean of bank analysts, concluding the sector's outlook is bleak. Four of Wall Street's premier league banks — JP Morgan, Chase, Citigroup and Bank of America — reported on Friday. A multitude of write offs and some $2.9 billion in charges linked to the rescue of regional banks weighed heavily on results. Citigroup reported a quarterly loss of $1.8 billion and announced it would eliminate 20,000 jobs worldwide, or 10 percent of its workforce. BOVE, chief financial strategist at ODEON CAPITAL GROUP, says a fundamental shift is underway in US banking as new rules and regulations are forcing banks to offload assets and become more risk averse. “The US government does not want the banks to grow,” says BOVE. In this changed environment, there will be winners and losers, he says. Why has the US economy defied Wall Street expectations and skirted recession? By some measures, the economy should already have been in sharp contraction as rising interest rates, borrowing costs and inflation pinch consumers. BOVE traces the surprising resiliency of the US economy to the massive stimulus spending during the Covid lockdowns. That spending saw consumer net worth grow by $41 trillion from the start to the official end of the Covid lockdowns from early 2020 to the middle of 2023, according to BOVE. Still, MAT VAN ALSTYNE, says polling shows American consumers are feeling downbeat on the economy in sharp contrast to the upbeat message of the official data. “People don't feel good,” adds VAN ALSTYNE, ODEON co-founder and managing partner. “We have rents rising, high rates, the world seems to be chaotic and things are falling apart.” Elsewhere, the CONVERSATION examines the SEC voting to expand investors' ability to buy cryptocurrency in the form of ETS and mutual funds. And there's more. Joining the CONVERSATION is our host, JOHN AIDAN BYRNE Questions & Comments: podcast@odeoncap.com
Angela Harrell, Chief Diversity and Corporate Impact Officer at Voya Financial, joins to talk about corporate diversity initiatives and challenges to goals in recent years. Chris Whalen, Chairman at Whalen Global Advisors, discusses bank health in the US amid earnings season. Brad Bernstein, Managing Director at UBS Private Wealth Management, joins to give his market outlook and the view of inflation in 2024. Mike Mullaney, Director of Global Markets Research for Boston Partners, joins to give his outlook on markets and the Fed. Hosts: John Tucker and Jennifer RyanSee omnystudio.com/listener for privacy information.
Nations across the globe are bracing for possible war. In the United States, lawmakers gearing up with a record pay raise for soldiers and a stress-test for banks over war risks. Plus, a report hints at a hypothetical clash between the United States and China in 2030. Elsewhere, Japan, the UK, and Italy are signing off on a new weapons deal, surveillance data is being shared among U.S. Asia allies, and the Philippines is preparing against potential Chinese hostility. What's sparking the global surge in military readiness? ⭕️ Watch in-depth videos based on Truth & Tradition at Epoch TV
Imagine a bedroom. It looks clean and safe, but there is a monster under the bed that nobody notices. As host Mike Maharrey explains in this episode of the Friday Gold Wrap, that's basically the condition of the US banking system right now. It appears "sound," but a closer look reveals a financial crisis is still bubbling under the surface. He also talks about the recent run-up in the price of gold. Tune in to the Friday Gold Wrap each week for a recap of the week's economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit https://schiffgold.com/news. TOPICS DISCUSSED - A monster under your bed - Gold holds above $2,000 - Deutsche Bank predicts bigger Fed rate cuts in 2024 - US Banks suffer big unrealized losses in Q3 - Balances in the Fed's bank bailout program suddenly spiked in November
Watch as a video interview on Rumble: https://bit.ly/StayFree-243-Jimmy-Dore/ Support our channel directly at: https://rb.rumble.com/ On today's show, we're joined by Jimmy Dore and Christina Tobin to dive into all things elections and debates surrounding the 2024 elections. To support Free & Equal's Presidential Debate To Go, you can donate at https://givebutter.com/free-and-equal-debate. Additionally, stay tuned for discussions on Trudeau's Climate Hypocrisy, the potential of Trump selecting Tucker as VP, and the intriguing topic of US Banks going cashless. Don't miss out on this episode! Follow on social media: X: @rustyrockets INSTAGRAM: @russellbrand FACEBOOK: https://www.facebook.com/RussellBrand/
WHY ARE US BANKS LOSING TRILLIONS | Wallstreet Trapper (Episode 64) Trappin Tuesday'sWE ARE CHANGING THE LIVES OF THE PEOPLE. WALLSTREET LOOKS LIKE US NOW!FAST, SIMPLE & EASY STEPS TO BECOMING A STOCK INVESTOR: https://www.jumpinofftheporch.com/From the streets to the stock market. Every Tuesday we bring financial empowerment to those who feel like they don't have the power. We are Trailblazing our way to Wealth. History in the Making!! This is the First of Many Shows so Make sure you're Locked in. Wallstreet Looks Like Us Now!! LET'S WORK! WE BUILDING OUR TRAPHOUSE BRICK BY BRICK.WE ARE CHANGING THE LIVES OF THE PEOPLE. WALLSTREET LOOKS LIKE US NOW!Join our Exclusive Patreon!!! Creating Financial Empowerment for those who've never had it. https://www.patreon.com/Wallstreetlookslikeusnow FAST, SIMPLE & EASY STEPS TO BECOMING A STOCK INVESTOR: https://www.jumpinofftheporch.com/BEST OPTIONS COURSE EVER: https://www.optionswithtrap.com/FINANCIALLY RESILIENT | Wallstreet Trapper (Episode 64) Trappin Tuesday'sORIGINAL VIDEO: https://youtube.com/live/a99FkeqDUXYWe Trappin!! Exclusive Trapper Apparel: https://trapperapparelinc.com GET YOUR FREE EBOOK https://www.trappertuesdays.com/ Trappers Anonymous Group: https://join.trappersanonymous.com/ https://www.thetrapperuniversity.com #WallstreetTrapper #WallstreetLooksLikeUsNow #StockMarket
The European Central Bank has raised interest rates back to their record high, and US bank regulators have advanced plans to impose more arduous capital requirements on the country's large lenders. Plus, the FT's Elaine Moore says the Twitter/X rebrand doesn't make sense, but that's kind of the whole point. Mentioned in this podcast:ECB raises interest rates back to record highRegulators announce ‘Basel III endgame' rules for large US banksTwitter/X: maverick rebrand leaves Musk with a cross to bearThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Tom Stokes, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Noteworthy news for today: uninsured deposits at US Banks hit a record-quarter drop as Americans are appearing to trust in our banking system.Please take our survey: https://lp.juliehartmanshow.com/survey/Don't forget to like this video, subscribe to our YouTube channel, and ring the notification bell so you never miss a future upload! Check out other Julie Hartman videos: https://www.youtube.com/@juliehartman Follow Julie Hartman on social media: Website: https://juliehartmanshow.com/Instagram: https://www.instagram.com/julierhartman/ Twitter: https://twitter.com/JulieRHartman Facebook: https://www.facebook.com/timelesswithjuliehartmanSee omnystudio.com/listener for privacy information.
Israel is set to start voting on controversial judicial reforms on Monday and the largest US banks are expected to report the biggest jump in loan losses since the onset of the pandemic. Plus, global manufacturers are shifting business out of China to Vietnam. Mentioned in this podcast:Benjamin Netanyahu faces fresh wave of resistance to Israeli judicial reform plansWall St to report biggest jump in loan losses since pandemicVietnam becomes vital link in supply chain as business pivots from ChinaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
On this special episode, Suze outlines the ramifications of three US Banks closing and it's impact on interest rates. These changes mean an adjustment to investment strategies, especially with Certificates of Deposits. Suze explains why we don't have to worry and unveils a new program with Alliant to continue to keep our money safe and secure. Take advantage of the Ultimate Certificates with Alliant Credit Union at: bit.ly/3kwMcjR Get Suze's special offers for podcast listeners at suzeorman.com/offer Join Suze's Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast! To ask Suze a question, download by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.
On today's episode…The US banks had a really bad day Monday but the FDIC and Biden say don't panic, everyone will be covered (00:22:44). Biden administration approves $7B Willow oil project in Alaska (00:08:46). Canada Supreme Court justice on paid leave after drunken hotel fight over his 'creepy' behavior toward female guests (00:36:30) (00:00:00) - Intro ☕ Cup of Coffee in the Big Time ☕ (00:03:47) - Joke of the day - What do you call a woman that says she can do anything a man can do? (00:04:24) - Oscars 2023 recap - it sucked… (00:08:46) - Biden administration approves $7B Willow oil project in Alaska (00:11:32) - Eighteen female guards at 'Britain's cushiest jail' fired for having illicit affairs with inmates (00:16:39) - A 4-Day work week bill reintroduced in the House (00:20:14) - Africa is splitting in half, slowly forming a new ocean
For complete show notes, links, and complete description, visit https://www.HagmannPI.comThe Hagmann Report is brought to you by EMP Shield - www.EMPshield.com/hagmannUse Promo Code HAGMANN for $50 OFF!IMPORTANT LINKS:DONATE: (www.HagmannReport.com/donate)HAGMANN COFFEE & MORE: (www.HagmannStore.com)The Hagmann Report provides news and information based on exclusive investigative work, proprietary sources, contacts, qualified guests, and open-source material. The Hagmann Report will never be burdened by political correctness or held hostage to an agenda of revisionist history.Join Doug Hagmann, host of the Hagmann Report, Weekdays @ 3 PM ET.ON THE GO? SUBSCRIBE TO HAGMANN'S PODCASTiTunes: (https://podcasts.apple.com/us/podcast/hagmann-report/id631558915?uo=4)Spotify: BANNED!iHeart: (https://www.iheart.com/podcast/256-hagmann-report-30926499/)Spreaker: (https://www.spreaker.com/show/hagmann-report)Email: studio@hagmannreport.comFOLLOW HAGMANN AT:Parler: https://parler.com/DouglasHagmannGab: https://gab.com/DougHagmannGettr: https://gettr.com/user/doughagmannTruth Social: https://truthsocial.com/@DougHagmann
For complete show notes, links, and complete description, visit https://www.HagmannPI.comThe Hagmann Report is brought to you by EMP Shield - www.EMPshield.com/hagmannUse Promo Code HAGMANN for $50 OFF!IMPORTANT LINKS:DONATE: (www.HagmannReport.com/donate)HAGMANN COFFEE & MORE: (www.HagmannStore.com)The Hagmann Report provides news and information based on exclusive investigative work, proprietary sources, contacts, qualified guests, and open-source material. The Hagmann Report will never be burdened by political correctness or held hostage to an agenda of revisionist history.Join Doug Hagmann, host of the Hagmann Report, Weekdays @ 3 PM ET.ON THE GO? SUBSCRIBE TO HAGMANN'S PODCASTiTunes: (https://podcasts.apple.com/us/podcast/hagmann-report/id631558915?uo=4)Spotify: BANNED!iHeart: (https://www.iheart.com/podcast/256-hagmann-report-30926499/)Spreaker: (https://www.spreaker.com/show/hagmann-report)Email: studio@hagmannreport.comFOLLOW HAGMANN AT:Parler: https://parler.com/DouglasHagmannGab: https://gab.com/DougHagmannGettr: https://gettr.com/user/doughagmannTruth Social: https://truthsocial.com/@DougHagmann
Investing in Real Estate with Clayton Morris | Investing for Beginners
As money starts to disappear, banks are starting to collapse. This is causing panic among the people, as they worry about what will happen to their money. On this episode, I'm sharing information on banks run and how they could affect your financial future. You're going to hear the latest news on Silicon Valley Bank, Janet Yellen's interviews, and how the FDIC works. Most importantly, we're going to talk about the best ways to protect your wealth and your family from this broken system. Click play to learn more about trouble in the banking system.
Learn more about your ad choices. Visit megaphone.fm/adchoices