Epic Derivative Unwind & Systemic Banking Failure | Alasdair Macleod
Liberty and Finance, Released on 11/3/22 (Recorded on 11/2/22)
This last summer, JPMorgan's CEO Jamie Dimon warned of a "hurricane" coming in the financial system. Alasdair Macleod, Head of Research at GoldMoney, believes the expansionary cycle has ended, and we're heading toward a contraction. Low interest rates have created massive bubbles across markets, especially in derivatives. There could be an unwinding in derivatives as asset values fall amid rising rates. The impact could reverberate through the whole banking system, leading to potential bank failures.
0:00 Intro2:34 Derivatives unwind10:42 Currency crisis15:17 Euro structure18:53 Central banks21:45 Eastern countries26:35 New gold exchanges30:45 Overseas storage42:34 Bank balance sheets54:35 Gold Money55:58 Miles Franklin
Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.
Epic Derivative Unwind & Systemic Banking Failure | Alasdair Macleod added by Herman James on 11/03/2022View all posts by Herman James ?+'