Adrian Day: SVB Bailouts! Are More Banks Going to Fail?
Wall Street Silver, Released on 3/18/23
Adrian Day, the founder of Adrian Day asset management, returns to the show to discuss the recent Credit Suisse default swaps hitting a record high due to the SVB failure and the possibility of more banks failing. We also explore the Fed's dilemma, what Powell may do next, and how the CPI may cause the Fed to pause. With the ongoing bank failures, some wonder if this is Lehman 2.0 and whether gold and silver will strengthen. Furthermore, we discuss the likelihood of a prolonged recession in the near future. Tune in for an insightful discussion on the current state of the economy.
Adrian Day is the president of Adrian Day Asset Management. Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.
Adrian Day: SVB Bailouts! Are More Banks Going to Fail? added by Herman James on 03/17/2023View all posts by Herman James ?+'