The Painful Task of Resetting the U.S. Economy

Jerome Powell (Chair of The Federal Reserve) has fronted the media and explained their plan to save America from the banking crisis. After seeing Silicon Valley Bank, Signature Bank and Silvergate all collapse, and with Credit Suisse failing (being bought out by UBS) plus Deutsche Bank now struggling, what will the Fed do to stop a global panic in the banking sector?

★ ★ PROFITFUL ★ ★

★ ★ CONTENTS ★ ★
0:00 The Banking Crisis Continues
1:20 Powell Explains SVB Crisis
2:55 The Fed Explains Their Massive Bank Support
5:40 Will This Spread Through the Banking System?
7:30 Powell Comments on Credit Suisse
8:55 The Fed Explains their Rate Hike
9:35 No More Rate Hikes?
10:43 Hamish Explains the Credit Crisis
11:52 Powell Explains Tighter Credit Conditions
12:30 The Future Plan

DISCLAIMER:
Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.

Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands that do not deal in a financial product (as per Australian Law).

[NewMoneyYouTube]

Subscribe to Morning Brew today to access their FREE daily newsletter! Get smarter in just 5 minutes per day.

[Dreekwalton]

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[JaykeTurner]

There’s more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year, ” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets in Toronto. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months

[yuikiyoshi]

There might be an economical turmoil but there is no doubt that this is still the best time to invest.

[wonjoomin]

Of many financial advice channels out there, yours is always more informative and unbiased than most. Thank you as always!,

[gt]

The production quality is outstanding, matching the content.

[jj-buyb]

Please keep explain in simple terms this helps us to understand what’s happening 😊

[hyper_channel]

Side note but I love how well Powell communicates.

[Announcement]

The failure of Silicon Valley Bank and everything happening has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stocck portfolio, what’s the best way to take advantage of this bear market?.

[muhammadsulaiman]

Great Info as always!
i hope you'll do videos on FULL ASPECTS OF Fundamental analysis for Valuation of stocks!

[paganini]

This is not great for deposit insurance providers. The customers will now think that the government will always cover their behinds.

[geleyns]

Where can i buy the Warren painting? ❤😊

[LordMikoOfVegas]

Why do the tax payers keep having to cover for all these banks with terrible business operations?!

[nonexistent]

I like how you waited to do sufficient research and deliver quality content instead of rushing in with an uninformed opinion to capitalize on the news cycle. Well played.

[JDMB]

Right at the beginning Jerome Powell mentioned that recent events with SVB and other smaller banks could undermine the confidence in healthy banks and threaten the banking system as a whole which is why the Feds have intervened.... I would argue the point that no intervention is required to maintain confidence in the banking system if the "healthy" banks are in fact healthy. The fact that the Feds ARE intervening to me strongly suggests that the WHOLE banking system is in a world of pain and Jerome is down playing the seriousness of the situation...

[AlexanderWongOfficial]

Wow, this video is a must-watch for anyone who wants to understand the intricate workings of the banking sector and the role of the Federal Reserve in stabilizing the economy. The FOMC Conference captures the urgency and complexity of the Fed's rescue mission, making it a fascinating and enlightening viewing experience. Don't miss out on this insightful and informative video! 👍👍

[Totopileface]

Your videos are insane. So well done. Thanks from France 👊

[Rhadoo]

How do you hedge that huge portfolio of long term bonds?

[mikeYouTube]

Love how the "banks" logo is soaked in blood.

[ashariariya]

Changing t-shirt in the middle of video😂😂😂