Banks Runs Just The Beginning? There’s More Trouble Ahead In 2023 | Pedro da Costa
HomeBlogBanks Runs Just The Beginning? There’s More Trouble Ahead In 2023 | Pedro da Costa
Adam Taggart
To-date, Adam’s efforts have educated and informed millions of people just like you, and directed hundreds of $millions of their investment capital into good protection and stewardship – achievements he’s very proud of because he predicts challenging times lie ahead for the unprepared investor.
While inflation is starting to come down, it’s still far too high, with February CPI coming in this week at 6.0%.
Similarly, the latest government data on the jobs market shows its still far hotter than the Fed wants.
With data like this, the Fed can’t justify a pivot.
Yet at the same time, the swift & sharp increase in interest rates the Fed has engineered is now starting to result in casualties, such as the banking failures that have happened over the past week.
A big enough breakage in the system could force the Fed to change course.
How is the Fed navigating the increasingly tight spot it’s in?
To find out, we’re fortunate to be joined today by respected journalist Pedro de Costa. Pedro has spent the past 20 years covering central bank policy for publications such as Reuters, The Wall Street Journal and now MNI – Market news.
The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
The world of finance and investment is intricate and diverse. It’s our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.
Henrik Zeberg joins Maggie Lake to issue a bold and urgent warning: the global economy has already hit the iceberg, and a massive crash may be just months away. But first, he says, markets could soar in a final liquidity-fueled […]
In a week of negative economic data, the Rise UP! team of Terri Kallsen and Bleakley Financial Managing Partner Scott Schwartz and Partner Jeffrey Miller find the upside of investment opportunities. From how a much weaker dollar creates opportunities overseas, […]
Brandy Maben, Director at Windrock Wealth Management, joins Maggie Lake to unpack what’s buried in the new 1,000+ page ’One Big Beautiful Bill’, and why even middle-class investors and small business owners should be alarmed. From forced IRA distributions and […]
This is why we created Wealthion. To bring you the insights of some of the world’s experienced wealth advisors and then connect you with like-minded, independent financial professionals who will create and manage an investment plan custom-tailored to you. We only recommend products or services that we believe will add value to our audience. Some links on our website are affiliate links. This means that if you click on them and use the affiliate’s services, we may receive a payment from the vendor at no additional cost to you.
Please share a little more information so we can best serve you. This service provided by a registered investment advisor and a subsidiary of Wealthion.
Required Disclosures
We provide you with the following documentation to educate you about Greylock Peak Investments LLC, a registered investment advisor and a subsidiary of Greylock Holdings, LLC, dba Wealthion, and our business relationship with any independent advisor to which you are referred.
By submitting this request to be referred to one of our roster of advisors, you acknowledge that you have read and understand the documents below, and that you will receive further such information detailing the advisor(s) to which you are referred as a follow-up to your request:
