American Monetary Association

Alf is Italian but is coming today from the Netherlands. He and Jason talk about some of the factors that contributed to the collapse of the Silicon Valley Bank, the largest bank failure since the 2008 financial crisis. They discuss the moral hazard involved, mismanaged portfolios and the lack of proper risk management- factors that culminated on the banks demise, making investors question whether this will spark a broader banking meltdown. Key Takeaways: Jason’s editorial 1:21 Hope you enjoyed last episode 2:03 Listen to Jason’s “10 commandments of successful investing”: Thou shalt maintain control! 4:38 Housing inventory keeps falling- where’s the crash? 7:10 Almost 25% of mortgages are 3% or lower 8:19 On to our guest with a deep dive into the current banking crisis Alfonso Peccatiello interview 9:14 Alf, coming from the Netherlands 10:03 3 Bank collapses; a summary of what really happened 13:42 US Banks loan-to-deposit ratios 16:06 Moral Hazard and a mismanaged portfolio 19:16 Big banks hedge interest rat