Famed market watcher issues ominous bank warning: ‘Never one cockroach’

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The Bear Traps Report founder Larry McDonald says the New York Community Bank collapse speaks to a greater economic problem on ‘Making Money.’ #foxbusiness #makingmoney

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28 COMMENTS

  1. I am down 100k on my portfolio this year most of my own doing but I am scared if my bank or brokerage goes under. I have 450k in a joint account. We’re already seeing savings dwindle because of higher prices and the rising costs of paying back debt. Investing is sure tricky. We are looking at turning to emergency funds.

  4. I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.

  5. The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

  10. NYCB is failing because the Fed Funds bailout window closed Monday. Because of Keynesian economics we will see hundreds of banks fail again in 2024 just like started in 2023 with all the regional banks. CBMS bubble have burst and the market is falling. I’m going to buy 3 houses 3 years from now for the price of one today. Keynesian economics are foolish and not sustainable with printing money/inflation. BUY BITCOIN!!!!!!!!!

  11. @0:58 That is categorically false. The Fed did not and has not "promised" rate cuts. Wall Street promised rate cuts starting all the way back in January 2022 to happen by end of 2022 and all before the Fed even started hiking in March 2022. If you want to blame someone, blame Wall Street for totally screwing that up.

  17. The Supreme Court cannot cancel the VICE PRESIDENT under Custer Trump's law for immunity to Constitution law. The Vice president has a duty to the Constitution and denying such action would be calls for the Supreme Court to testify

  18. USA is on a slow slide to recession right now.
    The massive stimulus package in USA pushed the US economy to a mini boom.
    Rental , property prices, inflation is high.
    The fed will fight against a crash or recession until SHEET happen.
    Sheet will happen as you can’t print massive amount of monies and not have a recession to cool the economy.
    The housing , economy will have a recession…..
    Out of the recession, the economy will get stronger.
    The wealth effect is very strong in the USA right now.

  20. All this is to fall in line with world banking, ONE WORLD EVERYTHING, AND WHEN THIS HAPPENS. YOU'LL HAVE YOUR ANTICHRIST TO FOLLOW AND THEN THE MARK OF. THE BEAST BIDEN IS YOUR FORE RUNNER FOR THE ANTICHRIST HE HAS BEEN GROOMED FOR THIS FOR MANY YEARS AND NOW HE HAS TO PAY UP AT ALL COST…….. PRESIDENT TRUMP IS TELLING THE TRUTH THEIR COMING FOR THE AMERICAN PEOPLE,. STAND FIRM AND STAND WITH GOD OUR ROCK, OUR HOPE, OUR DELIVERY FROM ALL EVIL. SATAN IS ALREADY DEFEATED SATAN IS A FLESH DEVIL HAS NO POWER OVER GOD AND HIS PEOPLE. STAY ON THE NARROW ROAD FOR IT IS VICTORY……..VICTORY IN JESUS MY SAVIOR FOREVER……………..

  22. Before talking about China’s debt problem, what about our national debt? In 3 years, interest on our debt will be more than all discretionary spending combined! These 2 bozos need to go think hard and long.

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