logo
episode-header-image
Apr 2023
50m 13s

Chris Whalen on Big Bank Earnings and th...

Blockworks
About this episode
Chris Whalen, chairman of Whalen Global Advisors, returns to Forward Guidance to comment on the ample and growing earnings of the big banks (particularly JPMorgan Chase, whose stock surged over 7% on rosy net income and increasing deposits).  Whalen argues that banks’ unrealized losses on their securities due to interest rate risk have gone down dramatically ... Show More
Up next
Today
Policy Intervention Is Keeping The Bull Market Alive | Weekly Roundup
Markets increasingly seem to respond more to intervention than fundamentals, raising a bigger question about what actually drives asset prices today. This week, we discuss how policy intervention, systematic flows, and AI-driven capital allocation are reshaping market behavior an ... Show More
56m 42s
Yesterday
Warsh Must Choose The Dollar Or The Bond Market | Luke Gromen
A seemingly simple Fed transition is becoming a massive stress test of the entire financial system as rising debt, inflation, and global energy crisis collide. Luke Gromen of Forest For The Trees joins to discuss Kevin Warsh’s looming challenge and why the Fed may soon face choic ... Show More
52m 23s
Jun 3
Why This Economy Refuses To Break | David Cervantes
While investors wait for a recession that never comes, AI spending and fiscal stimulus keep pouring fuel on the expansion. David Cervantes of Pinebrook Capital joins to explain how AI spending is reshaping the economy, profits, and traditional market dynamics. We also discuss pro ... Show More
46m 47s
Recommended Episodes
Mar 2024
How JPMorgan thrived amid a banking crisis
<p>It’s been a year since Silicon Valley Bank’s collapse left everyone worried that the US’s&nbsp;banking sector sat on shaky ground. Despite that turmoil, one bank stands out: JPMorgan Chase. The largest bank in the country, JPMorgan took home record profits in 2023, and its dom ... Show More
17m 51s
May 2025
Stocks Get Hit as Weak Treasury Sale Boosts Yields
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Wall Street’s worries about a ballooning deficit that threatens America’s status as a safe haven were reflected in a $16 billion Treasury sale that saw lackluster demand - with stocks, bonds and the dollar fall ... Show More
47m 12s
Mar 2023
The Banking System on Life Support
<p>On today’s show we’re taking another look at what is happening in banking and at some of the risks that are inherent.</p> <p>The leaders at SVB made a strategic error. They failed to hedge their interest rate portfolio. After years of low interest rate policy and continued gui ... Show More
6m 15s
Mar 2023
Silicon Valley Bank collapses
<p>US regulators stepped in over the weekend to ensure that customers of the collapsed bank will have access to their insured and uninsured deposits. This is calming markets after last week's losses, with the S&amp;P 500 set to open sharply higher and investors reducing bets on c ... Show More
11m 19s
Aug 2024
The Hottest Way for Banks to Get Risk Off Their Balance Sheets
Synthetic risk transfers, in which banks purchase insurance-like protection on some of their loans, is a growing market on Wall Street, with billions worth of deals made in the US last year. But of course, anything with the words "synthetic" and "risk transfer" is probably going ... Show More
52m 16s
Jul 2024
The Tech Sell-off and Beyond, Chips Try to Rebound, Sen. Vance's Wall Street Message 7/18/24
<p>One day after the worst session for the Nasdaq since December 2022, Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the tech sector. Chips hoped to recoup some of Wednesday's steep losses after Taiwan Semiconductor reported better-than expected revenue g ... Show More
41m 52s
Jun 2023
109: “It’s Coming THIS Year” Fundrise’s Ben Miller on The 2023 Financial Crash
There have been a lot of market crash predictions over the past few years. Since the 2020 flash crash and subsequent asset price skyrocketing, investors have always had an inkling that this wouldn’t last. Once inflation hit decade-long highs, the Fed stepped in to quell constant ... Show More
46m 31s
Nov 2025
Wall Street Gains on Optimism US Will Soon Reopen
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Wall Street’s bets that the largest shutdown in US history is soon coming to an end drove a rebound in stocks, spurring optimism that access to official economic data will shed light on the Federal Reserve outlo ... Show More
36m 11s
Mar 2023
How Silicon Valley Bank failed
Silicon Valley Bank was the 16th largest bank in America, the bank of choice for tech startups and big-name venture capitalists. Then, in the span of just a few days, it collapsed. Whispers that SVB might be in trouble spread like wildfire through group texts and Twitter posts. D ... Show More
21m 2s