On this edition of Wall Street Week, Sonal Desai, Franklin Templeton Fixed Income CIO & Dennis DeBusschere, 22V Research President, Partner and Chief Market Strategist. Former Treasury Secretary, Larry Summers, Former Fed Board Member, Dan Tarullo And Stephanie Flanders, Bloomberg Executive Editor for Economics and Government take us through the banking crisis and the future of regulation. Arun Sundararajan, NYU Stern School of Business Professor of Technology discusses the future of generative AI and ChatGPT. And Former US Treasury Secretary Lawrence H. Summers calls for confidence-building in the banking sector.
#bloomberg #banks #banking #stockmarket
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AGAIN AND AGIAN INEVITABLY THERE WILL BE MORE AND MORE AND MORE AND MORE AND MORE STAGFLATION HURRICAINING THE ECONOMY ESP CHINA USA EUROPE THAT ———- > THE BIGGEST EVER IMBALANCE BETWEEN THE AGGREGATE M2 SUPPLY VS THE AGGREGATE COMMODITY PRODUCTION FROM TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT SINCE THE BEGINNING OF THE 20TH CENTURY IS THE SUPER IMPETUS FOR THE COMMODITY PRICE SUPER HIKING CYCLE!!!!!!!!!!!
NO QUESTION ABOUT IT!!!!!!!!!!:) ——– >. THERE WILL BE MORE AND MORE AND MORE AND MORE AND MORE BANKING SYSTEM'S FAILURES ESP HSBC SC UBS WELLS FARGO + HUARONG + MORE AND MORE AND MORE AND MORE CHINESE PENSION FUNDS = INSURANCE COMPANIES + LOCAL BANKS + EVEN STATE OWNED BANKS WILL BE GOING DOWN AND DOWN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ————- TOO MUCH DEBT PROBLEMS ARE INEVITABLY GOING ON AND ON AND ON AND ON BECAUSE THEY CANNOT HIKE INTEREST RATES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S AGAIN AND AGAIN WHO IS GOING TO BUY FED'S +9T$ DEBT?!!!!!!!!!!!!!!!!!!!! THE ANSWER IS NOBODY!!!!!!!!!!!!!!!!!!!!! —— > MORE AND MORE AND MORE DEBT PROBLEMS ARE HURRICANING THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S AGAIN AND AGAIN BITCOIN + THE ENTIRE CRYTO COINS ARE COLLAPSING FURTHER AND FURTHER AND FURTHER INTO +0% VALUE THIS YEAR!!!!!!!!!!!!!!!!:) < ——— DO THE MATH!!!!!!!!!!!!!!!!:)
If there is Treasury Inflation Protected Security (TIPS), the treasury could also introduce a Floating Interest Treasury Security (FITS) – a Perpetual Treasury Bill with a Variable Interest Rate and retroactive incentive the longer an investor holds the security (2 year, 3 year, 5 years, 10 years, 30 years). If TIPS is used to protect from inflation, FITS is used to protect from interest rate hikes. It's also possible to make it convertible to other types of treasury bonds. This way, investors (or banks) could also earn gains when interest rates are lowered.
banking system is sound and stable. nothing to worry.
Of course we are in a crisis. Debt is at record highs for individuals, corporations, and countries! At some point these imbalances have to be accounted for! They won’t raise rates further and expect cuts because with all this debt higher rates are unsustainable.
talking about high tech 28:27 is that windows XP , damn
Wallstreet is guilty of many counts of impropriety towards honest, hardworking, innocent people. I'll have no part in supporting it's shenanigans.
TikTok's Project Texas is a joke. Wherever is the database located, If we use CCP's software to access our data, we are at risk. Reviewing source code from China is impossible because understanding someone else source code is 10 times harder than writing new source code. Nobody can do or pay for it. The data that other social media platforms sold has been filtered and modified.
The best investment is in money market fund to get 5%. We already have a earning recession the real economic recession will come
Lol. Clueless. These people are in denial. 😂
Moron summers doesn't realise that if Russia is pushed to wall, who will eat it's nuclear weapons…It will certainly be Ukraine and if some lumpen European countries also act moronic like summers, then they will also eat nuclear…On top of it, if Russia starts supplying nuclear and other weapons to Iran, North Korea, Venezuela and others as export, who will eat shit created due to thay
great but with censorship.
DO THE MATH!!!!!!!!!!!!!:) ———- > AS I'VE SAID MANY TIMES SINCE THE END OF 3RD Q OF 2022YR THAT TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS FROM TOOOOOOOOOOOOOOOOOOOOOOOOO MUCH BUBBLED CURRENCIES MEANS ——— > THERE WILL BE MORE AND MORE AND MORE AND MORE AND MORE BANKING SYSTEM'S FAILURES ESP HSBC SC UBS WELLS FARGO + HUARONG + MORE AND MORE AND MORE AND MORE CHINESE PENSION FUNDS = INSURANCE COMPANIES + LOCAL BANKS + EVEN STATE OWNED BANKS WILL BE GOING DOWN AND DOWN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ————- TOO MUCH DEBT PROBLEMS ARE INEVITABLY GOING ON AND ON AND ON AND ON BECAUSE THEY CANNOT HIKE INTEREST RATES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
refreshing and more down to earth look at AI.
I especially benefited from the interview with Mr. Sundararajan on the future of AI. Please have him on more. He was easy to understand and had useful insights. Also, good show overall.
How is it that junk bonds are getting smashed but we hear nothing about the institutions who are getting skinned?
I will be forever grateful to you, you have changed my entire life and I continue to preach on your behalf for the whole world to hear that with just a small investment you saved me from significant debt. Thank you Mrs Marian Alexandra.
I enjoy seeing those flashbacks of the shows that had Louis rukeyser
39:40 It no longer matters whether SVB, Signature, and First Republic are 'outliers'. What matters is the confidence level of the depositors in the Fed's ability to unmuck the whole problem. Do you honestly think anyone has any amount of faith in the government any more? S-e-r-i-o-u-s-l-y?
Through regulation or not Banks should know there it's supposed to be a cushion fund or idle cash set aside for moments like this
Larry Summers is a Military Genius on the level of Patton, MacArthur, and Grant!
DO THE MATH THAT!!!!!!!!!!!!!!!!!!!!!!!!!! ————– > AS I'VE SAID MANY TIMES ALREADY THAT THIS YEAR BONDS + STOCKS PRICES WILL BE DOWN MUCH MUCH MUCH MUCH MUCH MUCH MUCH MUCH WORSE THAN EVER IN 2022YR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ————- HISTORICALLY US STAGFLATION WILL BE GOING ON AND ON AND ON AND ON AND ON BEAUSE OF TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS IN THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
AGAIN AND AGAIN NOW IT'S AN ENORMOUS TIME FOR THE COMMODITY AGAINST NO MORE VALUABLE CURRENCIES ESP US$ BITCOIN CHINA YUAN(+H.K$) EURO POUND + OTHER ASIAN CURRENCIES SUCH AS S KOREAN WON TAIWAN$ AUSSIE$ NZ$ ETC ETC BECAUSE OF TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT IN THEIR ECONOMIES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
IN ESSENCE DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———- > HOW CAN US FED + ITS GOVERNMENT REMOVE OR REDUCE OR RUN OFF OR QT OR WHATEVER YOU NAME IT TO SOLVE THE TREMENDOUS DEBT PROBLEMS IN THE ECONOMY?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! < ——— THAT IS IMPOSSIBLE IN KEEP LOWERING INTEREST RATES = THE MONEY PRICE, ON THE STRAIGHTLY CONTRARY FED + ALL OF CENTRAL BANKS FROM THE MOST TERRIBLY DEBT DRIVEN ECONOMIES SUCH AS CHINA EUROPE AUSSIE NZ CANADA S KOREA TAIWAN EVEN JAPAN MUST HIKE MORE AND MORE AND MORE AND MORE AND MORE AND MORE THEIR MONEY PRICES = THEIR INTEREST RATES IF THEY DO WANT TO RESOLVE THE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) OR NO WAY TO STOP BUILDING MORE AND MORE AND MORE AND MORE AND MORE AND MORE FURTHER AND FURTHER AND FURTHER AND FURTHER AND FURTHER DEBT PROBLEMS JUST LIKE CHINA ARGENTINA VENEZUELA FOR MANY DECADES TO COME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:
Banks in Focus Amid Turmoil < ———– LONG STORY SHORT DO THE MATH LOWERING AND LOWERING AND LOWERING THE INTEREST RATES FROM LOWERING AND LOWERING AND LOWERING DEBT YIELDS CAN SOLVE THE BANKING CRISIS? OR IT WILL ADD MUCH MORE AND MORE AND MORE AND MORE AND MORE THAN EVER CORRUPTION + MORAL HAZARDS AS WE ARE SEEING NOW INTO THE TOTAL FAILURES OF THE ENTIRE FINANCIAL SYSTEM?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———– THE ANSWER IS VERY VERY CLEAN AND CLEAR THAT WE ARE STRAIGHTLY HEADING TOWARDS THE BIGGEST EVER ECONOMIC ARMAGEDDON SINCE THE BEGINNING OF THE 20TH CENTURY MEANS ———- > NOT JUST MINSKY MOMENT BUT THE ENTIRE FINANCIAL SYSTEM'S DESTRUCTION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
THAT'S WHY AS I'VE SAID MANY TIMES ALREADY THAT SINCE THE END OF 3RD Q OF 2021YR SPECIFICALLY FROM SEP OF 2021YR WHEN THE CHINA DEBT PROBLEMS CAME ON THE SURFACE THROUGH THE WHOLE YEAR OF 2022YR WHEN THE EC DEBT PROBLEMS STARTED (SINCE 1ST Q) + US DEBT PROBLEMS STARTED (SINCE THE END OF 3RD Q) TILL NOW ———– > ONLY SAFE HAVEN ASSETS ARE GOLD + ENERGY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) + YEN STILL IS IN A POSITIVE PROBABILITY TO GO APPRECIATED MUCH FURTHER INTO +68YEN +/- AGAINST US$!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
DO THE MATH WHETHER YOU AGREE OR NOT IT DOES NOT MATTER THAT GOLD PRICE HAS NO OTHER OPTIONS BUT TO HIKE INTO THE RANGE OF 3K$ – 3.5K$ THIS YEAR BECAUSE OF TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT FROM TOOOOOOOOOOOOOOOOOOOOOOOOOOOOO CHEAP MONEY PRICES EVERYWHERE = THE TOOOOOOOOOOOOOOOOOOOOOOOOO LOW INTEREST RATES FROM ALL OF DEBT DRIVEN ECONOMIES ESP CHINA USA EUROPE + MANY MORE SUCH AS S KOREA TAIWAN AUSTRALIA NZ CANADA +!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN AS I'VE SAID MANY TIMES THAT 'END IS THE END' !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) THE END OF THE BIG CENTRAL BANKS + BIG GOVERNMENTS = THOSE FREAKS DID CAUSE MORE AND MORE AND MORE AND MORE AND MORE AND MORE AND MORE AND MORE AND MORE AND MORE DEBT PROBLEMS EVER SINCE THE BEGINNING OF THE 20TH CENTURY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ——- > US 10YR YIELD + 3.3720% – US FED FUNDS RATE +5.0% = (-) WOW162BP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) –
———- > SEE? THERE IS NO 'QT' EVEN MUCH MORE QE THAN EVER !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———- > MEANS MUCH MUCH MUCH MUCH MUCH MUCH MUCH MUCH MORE AND LONGER STAGFLATION HURRICAINING THE ENTIRE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
AGAIN AND AGAIN US$ + US DEBT ARE NO LONGER A SAFE HAVEN ASSETS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) INDEED WE ARE SEEING THE LAST MOMENT OF THE US$ BITCOIN CHINA YUAN (+H.K$) EURO POUND STOCKS BONDS REAL ESTATE SECTORS
ONLY GOLD + ENERGY ARE THE SAFE HAVEN ASSETS THAT AGAIN AND AGAIN DO THE MATH GOLD PRICE HAS NO OTHER OPTIONS BUT HIKE INTO THE 3K$ – 3.5K$ RANGE THIS YEAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) THERE WILL BE MUCH MUCH MUCH MUCH MUCH MORE BANKING SYSTEM'S FAILURES COMING TO HURRICANE THE ENTIRE ECONOMY = 1+1 = 2 MATH QUESTION TO GET AN ANSWER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S CHINA LPR +3.65% – FED FUNDS RATE +5.0% = (-)WOW135BP!!!!!!!!!!!!!
coco bondholders?
The segment on courage (46:05) is extraordinarily misleading and would lead to less economic growth. It advocates the household fallacy – number one on Nobel Prize winner Economist William Vickrey's list of Fifteen Fatal Fallacies of Financial Fundamentalism.. If David Westin does not believe Vickrey, then he should read Eccles NBC radio broadcast in 1939 or Eccles speech to the captains of industry in 1940 at the Economic Club . And if he does not believe him, he should listen to a modern banker, Frank N Newman who was CFO of Wells Fargo and later the Bank of America and then he was United States Deputy Secretary of the Treasury. In his book Six Deficit Myths that Hold Back America, he deals with the Household Fallacy (Fallacy of Composition) and the paradox of thrift. … I tried providing links but could not because of the channel settings.
War-fund economic,the more the state battlefield.The more dantasy is devolp,for once NASA turn UNSA…United national states alliance.
State bond,country share and island stock,with the world independent territory.
The federal government what to retire,but the people is forceing service useing justice.
The union federal government want to print moneys,and keep among themself.But the civilization need the finicial exchange and pay-check.
Federal banking request insurance deposits,special intrest to join.Union credit banking,the end of agencies civil-war,against the northern vs southern.
Summers thinks the Fed is incompetent. First, too late, and then too confident. The Fed screwed up.
Fed governors completely understand that only a hard landing will crush the Russian basic materials market enough to get them out of Crimea Ukraine Chechnya and keep them out of Georgia
Why does Westin always call Larry Summers "our special contributor"?
"Moral Right and Creative lawyering" To Take your money. If you have moral right why do you need creative lawyering?
First we brand you Criminal then take not only your money but your peoples money. All of this by who's authority? GOD? ( Be careful you don't repeat history 1934. Remember Tech is the great equalizer).