Buy the Big Banks?! | Your Money Podcast – Episode 443

March 24, 2023

Are YOU the cattle? Advisors around the world are proposing that we all ‘Buy the Big Banks!’ but with all the risk in the market right now, Danny’s not so sure. The shop talks Bank positions, the difference between FDIC and SIPC, and the stark lack of confidence coming from Janet Yellen and Jerome Powell before diving into earnings gaps and breadth charts after the FOMC.

In this video for educational purposes only, Danny Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study.

0:00 – This Week on Your Money
1:00 – Buy the Big Banks?!
06:00 – FDIC and SIPC
11:00 – How the FED Works
22:30 – Yellen & Powell: Zero Confidence
27:00 – Breadth Charts after the FOMC
31:30 – The Market Doesn’t REALLY Care about the Fed
39:30 – Reviewing the Earnings Gap Study
44:30 – This Week On the Charts
51:00 – What Active Management Really Does

Show Links:

Fed hikes quarter point, signals it still expects higher rates
https://www.thinkadvisor.com/2023/03/22/fed-hikes-quarter-point-signals-it-still-expects-higher-rates

SVB Collapse is a Wake-Up Call on Cash Management
https://www.thinkadvisor.com/2023/03/20/jamie-hopkins-svb-collapse-is-a-wake-up-call-on-cash-management

Yellen says U.S. will intervene if Needed to Protect Smaller Banks
https://www.thinkadvisor.com/2023/03/21/yellen-says-u-s-will-intervene-if-needed-to-protect-smaller-banks

10 Biggest U.S. Banks in 2022
https://www.thinkadvisor.com/2023/03/23/10-biggest-u-s-banks-in-2022

New IRS Guidance clarifies 2023 RMDs
https://www.thinkadvisor.com/2023/03/20/ed-slott-new-irs-guidance-clarifies-2023-rmds

Your Money Radio Podcast covers general topics & investment ideas for Research. It is for Educational & Entertainment purposes ONLY and is NOT meant to be Investment Advice.

If you want or need Investment Advice, contact your own advisors or reach out to Revere Asset Management for individual Investment Advice.

For more information, just go to Revere Asset.com.