How to Survive a Recession

Private assets like fine art can be especially valuable during market sell-offs. 2022 saw the highest total ever for the major auction houses, $18 billion even as equity struggled. Every painting masterworks has sold has returned at least 9% net to their investors.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

How accelerating bank deposit withdrawals could harm the economy, including real estate prices. How dollars slosh around the financial system but always seem to end up at the Federal Reserve.

Topics covered include:

How many deposits have left banks since the Silicon Valley Bank collapse
How much have banks borrowed from the Federal Reserve to meet deposit withdrawals
Why exiting deposits are harming bank profits and causing them to make fewer loans
How the credit crunch could hurt commercial real estate values
How money market mutual funds differ from banks
How today's banking crisis is similar to the 1980s savings and loans crisis
What should investors do to protect their wealth

For more information on this episode click here.

Sponsors

Masterworks – invest in contemporary art

Use code MONEY10 to get 10% off on your NAPA Autoparts online order.

Insiders Guide Email Newsletter

Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.

Show Notes

Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks—The Federal Reserve

Assets and Liabilities of Commercial Banks in the United States—The Federal Reserve

All U.S. Banks Net Interest Margin—BankRegData

Current Treasuries and Swap Rates—Chatham Financial

Options trading surges as investors brace themselves for US regional bank volatility by Stephen Gandel and Nicholas Megaw and Colby Smith—The Financial Times