The Real Culprit Behind the Banking Crisis
Stansberry Investor Hour
What's the Contagion Threat?
The Silicon Valley banks horrible runs started on March 8th when they announced that they had sold all their available for sale securities. The announcement set off a $42 billion bank run. Every bank in the country is holding this stuff like everybody's holding mortgage back securities and treasury bonds, right? Which we know got whacked,. You know, the treasuries were down 30%, 2022. And if you just look at the mortgage back security ETF, MBB down 20 ish percent from its all-time high down about 17% last year. I mean, those are big moves for what are supposed to be like two of the absolute safest asset classes in the world. So yeah, they
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
