EPISODE · Mar 29, 2023 · 54 MIN
🔴 Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks
from Rethinking the Dollar · host Mike
Charles Schwab, which is a 50-year old mainstay in the brokerage industry and one of the largest US banks, is facing risks that have been hiding in plain sight. The current crisis is causing investors to focus on unrealized losses on the company's balance sheet, loaded with long-dated bonds that ballooned to more than $29 billion last year, and higher interest rates that encourage customers to move their cash out of certain accounts that underpin Schwab's business and bolster its bottom line. 🔔 Stay in the know with RTD! Subscribe to our channel, click the notification bell, and join us for our next live on-air. Bring a topic and let's talk about it! Connect with us 👉 https://www.rtd.news 🚨 Be warned of potential food shortages and prepare with 4Patriots Survival Food kits, which are compact, stackable, and have received 5-star reviews for their flavor and taste, with 10% off your first purchase by using the code RTD at 4Patriots.com. Don't wait until SHTF, visit https://www.4patriots.com/rtd now! Watch the De-dollarization video archives here: https://www.rethinkingthedollar.com/dedollarization 📢 Disclaimer: The opinions expressed in this video are for educational and entertainment purposes only. They should not be used for investment decisions or tax advice and do not constitute personalized investment advice. Thank you for watching! #CharlesSchwab #bankingcrisis #USbankingcrisis #SilvergateCapital #SignatureBank #SiliconValleyBank #FDIC #Westlake #Texas #interestrates #FederalReserve #WaltBettinger #brokerage #netinterestincome #longtermbonds #heldtomaturity #availableforsale #FirstCitizensBancShares #agencybackedsecurities #cashdeposits #sweepaccounts #money-marketfunds #interestincome #inflation #WallStreetJournal #stocks #investors #financialadvisers #assets #depositors #liquidity #certificateofdeposit #yield #management
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🔴 Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks
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