15. S01:E10 – Banks Dropping Dead

 

SEASON 01 – EPISODE 10

Welcome back to Milkshakes, Markets, & Madness where we invite you to share a laugh with us each week as we discuss our favorite Twitter tantrums and the madness of financial markets.

If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below.

On our website there is an embedded video above and an audio player at the bottom of the page

BANK RUNS AND THE CANARY IN THE COAL MINE


AUDIO UPDATED: The audio version of this episode has been improved and updated. You can listen below or via your favorite feed from the links on our SUBSCRIBE page.

VIDEO UPDATED: The YouTube video was also updated via a private link which is embedded above. You can find the original HERE and the new video with IMPROVED audio HERE.



In financial markets a lot can happen in a day, and this episode is proof.

The Milkshakes Duo decided to postpone recording an extra day in order to wait for the non-farm payroll report, but they ended up getting an extra scoop of madness for their milkshake instead.

But wait, is it a milkshake or a banana split? One thing we do know for sure is the depositors at Silicon Valley Bank tried to split with their crash, causing a run on the bank and its eventual collapse.

Could this bank failure be a canary in the coal mine, sending an early warning to the markets that a bigger a banking crisis is unfolding?

Find out on the latest Milkshakes, Markets, and Madness Show.
https://youtu.be/lSG5mF2Xb1M


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CHAPTERS
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00:00 – Disclaimer

00:25 – Video intro (Short)

00:55 – Host intros

01:34 – Delayed recording proved wise

01:57 – The impact of today’s non-farm payroll report

03:00 – Contagion fears (Silicon Valley Bank)

04:27 – Violently sideways and violently biased

06:03 – Who is in control, markets or policy makers?

08:45 – How Brent approaches a day with big economic data

11:18 – Is this the market turning point?

12:43 – Are banks the canary in the coal mine?

21:28 – If you think the US banks are in trouble, just wait…

23:07 – The “Gurus” are too eager to make the big call

26:56 – Fishing with headline hate bait and the blindness of bias

29:37 – Living around the hill versus dying on top of it

32:13 – The end of the bond bull market, or what if…

34:16 – The event horizon and the death of the canary

35:48 – Previous episodes of relevance

37:16 – New madness is in the making and big love to the Milkshakes Community

39:16 – Salutations

39:40 – Outro / Disclaimer


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LEARN MORE
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Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets.

If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week.

For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all.


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JOIN THE MADNESS
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Share your thoughts with a comment on the YouTube Channel and hit the SUBSCRIBE button while you are there!

Join us each week for another episode, released every Saturday morning Eastern Standard Time.

Until then, don’t be bashful, share with us any madness you come across during the week.


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CONNECT WITH US
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To make sure you always get your weekly dose of Madness, please subscribe to our YouTube channel @MilkshakesPod

You can follow Brent Johnson on Twitter at @SantiagoAuFund

You can follow Jon Kutsmeda on Twitter at @JonKutsmeda

More links to the show, including your favorite podcast feed, can be found on the SUBSCRIBE page of this website or via our Linktree.



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