Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ School, Cambridge, joins ‘Squawk Field’ to debate if we’re beginning a full-blown banking disaster, what the Federal Reserve ought to do at upcoming conferences, and extra. For entry to dwell and unique video from CNBC subscribe to CNBC PRO:
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The failed Silicon Valley Bank has torn into global markets, with investors tearing up expectations of further interest rate hikes and dumping bank stocks around the world. I'm at a crossroads deciding if I should liquidate my dipping $200,000 stock portfolio, what's the best way to take advantage of current market projections?
We experienced the pinnacle of our era, but it is now gone. Like what happened to Rome, the corrupt administration will bring this nation to an end. My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living. Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy
Stock is the oldest online market we have, we employed it because of the highest quality of services it renders and how successful it is. Today we say cryptocurrency too, all I'm saying is that people should also invest in crypto. It would be helpful.
Especially bitcoin with the way it's going.
I describe Bitcoin as a "Digital Version Of Gold" ""eGold""
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
Biden just mailed out the richest people in America
Save till more banks fail 😅
He shows stock Market are financial Strong However stock shows in real time it was contamineted Credit Swiss crises. He predict are inconsistente on real time stock Market. In others words he predict are baseless hipotesy.
He shows stock Market are financial Strong However stock shows in real time it was contamineted Credit Swiss crises. He predict are inconsistente on real time stock Market. In others words he predict are baseless hipotesy.
To say 'Deposits are safe' is to know: the complexities of how your bank invests of your said deposit. Also if the government
now debt free, and whole, to cover any and all problems. I don't have such belief in either.
No… “If you donate cash to Violent, Woke Leftist Trash and helped The Traitors Rig an Election,(And Have the Receipts) Like China and Zalensky..Only then, will Your Money be safe!.. In Fact, You can get away with anything.., No matter How Fiscally irresponsible you are!”.. That’s what they meant!.
This is Insane..
The Left is a Societal Cancer
JPow trying to drive the economy like it's the Batmobile, but it actually handles much more like a freight train.
Thanks for the good summary! Now is the perfect time to start buying BTC if you are just being introduced. I just made my third withdrawal yesterday for 2023. I really wish I started earlier. I’m learning this doesn’t have to be as complicated as some people make it out to be. Thanks to Thomas Frederick for helping me get into his trade signal and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Thomas.
Be vewy, vewy afwaid!
The Deposits are safe but the purchasing power of the cash is not as inflation will increase as the Fed puts more cash into the economy.
"All progress takes place outside the comfort zone." _Michael John Bobak
Funny / Law Abiding Citizen – TV Tropes
A page for describing Funny: Law Abiding Citizen. Clyde calling out the judge: "Do you have any idea what justice is? Whatever happened to right and wrong?
Fed needs to blow the bubble bigger.
Let's give Big Bang a run for the money.
For Saudi Arabia, the problems of state failure in its immediate neighbourhood mean that its current economic and security needs are on an unprecedented situations 😂 .
Considering what happened with SVB , it appears improbable that the market will register substantial gains in the immediate future. Therefore, it is advisable to temper one's expectations and acknowledge the potential length of the market's recovery period. It is my professional opinion that it would be prudent to defer any significant investment decisions until the economic environment stabilizes in areas of concern. Until then, exercising caution and refraining from engaging with the current turbulence would be the most judicious course of action.
Your deposits are safe and ready to lose value!!! 😂
Regulatory framework is problem, the biggest and probably Apsolute problem.Not the only apsolute, but certainly the biggest problem…Currently there are many problems, inflation, liquidity, stability for which there may be no Solution, But the regulatory framework is the biggest problem…
Blackrock, Vanguard, State Street have much if not all Capital Assets and we already saw Blackrock default, banks are defaulting, unrealized losses, capital assets.
Not an accident. This is by design.
It's all about the basic economic term " Supply vs Demand ". Inflation is often a supply and demand issue. If demand overrun supply, it's a No Brainer, inflation rear it's head. No ? Banks collapsed likewise is also about, a supply and demand issue, when depositors demand their money back, the banks could NOT supply enough to meet that demand. it's bankrupt. No ? 🤔🤔🤔
El Erian the bond guy should be making money. I enjoy when he is on but your deposits over $250k are not safe per grandma Yellen
Your deposits are safe according to El Erian ! Wow ! Is our r money really safe with the FED starting now a new QE to bail out the banking sector and thus fueling inflation and devalueing the dollar’s purchasing power ?
The negative impact of SVB and SI debacles has been reflected in the regional bank ETF (KRE) which has witnessed a decline of over 20%. This event has triggered contagion effects, dragging the entire market lower. However, historically speaking, a localized and narrow contagion of this nature presents an opportune time to invest in strong, financially stable companies with substantial cash reserves on their balance sheets.
Look! You took all of that Paper out of the Bank. Now what? Loan Sharking Enterprises.