Here Are the Weakest Banks That Could Fail Next! ft. Peter St Onge
In this video, Peter discusses the recent sale of First Republic to JP Morgan, the second-largest bank failure in US history. JP Morgan will take on all of First Republic's deposits and assets, paying $10.6 billion, with the FDIC sweetening the deal. We also discuss the state of other regional banks and potential FED rate hikes and cuts.
Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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