Money For the Rest of Us
493 episodes - English - Latest episode: 8 days ago - ★★★★★ - 1.3K ratingsA personal finance and investing podcast on money, how it works, how to invest it and how to live without worrying about it. J. David Stein is a former Chief Investment Strategist and money manager. For close to two decades, he has been teaching individuals and institutions how to invest and handle their finances in ways that are simple to understand. More info at moneyfortherestofus.com
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Episodes
Inflation's Illusion: Debunking the Normalcy of Currency Debasesment
April 17, 2024 17:15 - 26 minutes - 24 MBIt is not normal to want prices to rise and currencies to lose their purchasing power. We look at the advantages of stable currencies and prices. Topics covered include: What's more normal, an inflationary or deflationary mindset? Why it is more normal for prices to fall due to productivity increases How central banks seek to overcome productivity-induced deflation by increasing the money supply How inflation and ongoing currency debasement encourage debt, the financialization ...
Are Emerging Markets Bonds a Once in a Generation Opportunity?
April 10, 2024 16:51 - 24 minutes - 22.3 MBSome analysts suggest that now is an incredibly attractive entry point to invest in emerging market bonds. We look at how to do this and whether you should. Topics covered include: How emerging markets bonds have performed relative to U.S. bonds How frequently have emerging markets bonds defaulted What is the difference between local currency and U.S. dollar-denominated emerging markets bonds Why emerging markets nations are reforming What are the ways to invest in emerging ma...
Investing Fundamentals and What Is Attractive Now
April 03, 2024 18:18 - 48 minutes - 44.1 MBIn this conversation with financial advisor Josh Jalinski, David shares his views on constructing and benchmarking portfolios, factor investing including growth versus value, and managing regret. We explore a number of asset classes and strategies including dividend investing, leveraged loans, closed-end funds, equity REITs, and China. We also discuss how to manage retirement assets. Sponsors NetSuite Monarch Money – Get an extended 30-day free trial Insiders Guide Email Newsle...
Is the Economy as Bad as People Think?
March 27, 2024 17:53 - 21 minutes - 19.6 MBWhy most households are in better financial shape than prior to the pandemic, but remain frustrated at their lack of economic progress. Topics covered include: How consumer sentiment surveys are designed and their current findings. Reasons behind consumer frustration with increasing prices amidst declining inflation rates. The magnitude of the inflation shock and its underlying causes. The concept of reference prices and their significant role in shaping consumer sentiment. Fa...
Unlocking Income: A Comprehensive Guide to Investing in Covered Call ETFs
March 20, 2024 18:09 - 27 minutes - 25.3 MBHow to use covered call and buy-write strategies to generate income while understanding the risks and having realistic return expectations. Topics covered include: How covered call strategies work How much can you earn investing in covered call strategies What are some numerical examples based on current option prices How covered call strategies can be used for both stock and bond ETFs What are some covered call ETF examples Sponsors Long Angle is a private community of 2,50...
How the Economy Really Works: Savings, Investing, Consuming and Market Distortions
March 13, 2024 22:01 - 27 minutes - 24.7 MBA primer on how the economic engine works through coordination between savers, investors, consumers, producers, governments and banks. How hoarding and unfair competition can lead to economic distortions. Topics covered include: How spending and saving are connected including the paradox of thrift How borrowing money can lead to higher income and savings and potentially to bubbles How hoarding differs from investing and why too much hoarding can deprive businesses of capital Ho...
Which Will Perform Better: Berkshire Hathaway or Utility Stocks?
March 06, 2024 18:22 - 25 minutes - 23.7 MBBerkshire Hathaway doesn't pay a dividend, its cash pile keeps growing, and Buffet says it's gotten too big to make acquisitions that can impact the company. Meanwhile, utility ETFs have a steady 3.5% dividend yield. Which will be the better-performing investment going forward? Topics covered include: How has Berkshire Hathaway performed relative to the S&P 500 Index and other active managers Why Warren Buffett believes Berkshire's electric utility holdings were a mistake Why Ca...
Lessons from Japan's 34 Years of Stock Market Underperformance
February 28, 2024 18:13 - 52 minutes - 48.2 MBJapan's stock market recently exceeded the all-time high first set in December 1989. That's 34 years of zero price appreciation for the stock market. What drove this lackluster performance, will it continue, and what can we learn from it? Topics covered include: How big was Japan's stock bubble, and how much did it contribute to the stock market's underperformance over the past three decades How do Japan's demographic trends impact its economic challenges, and what are the soluti...
Unraveling the Truth About ETFs: Benefits, Analysis, and the Indexing Bubble Myth
February 21, 2024 17:51 - 25 minutes - 23.7 MBHow the ETF market is changing, why ETFs should be your preferred investment vehicle, and how to analyze ETFs to generate better investment performance. Topics covered include: How large have fund flows been away from active mutual funds into ETFs How big are the largest ETF families and how has their market share grown Why the rise of active ETFs blurs the distinction between active and passive investing Why there doesn't appear to be an indexing price bubble, but the rise of ...
Does Dividend Investing Still Work?
February 14, 2024 17:12 - 28 minutes - 25.7 MBStocks that grow their dividends have outperformed non-dividend-paying stocks over the long-term, but not in the past 5, 10, and 20 years. Why are non-dividend paying stocks outperforming dividend growers, and will it continue? Topics covered include: What message do companies say when they initiate, grow, or cut their dividend What is dividend smoothing How have dividend payers performed relative to non-dividend payers Why have non-dividend payers, which are primarily growth s...
Transforming Financial Regrets into Portfolio Gains: Five Strategies for Navigating Investment Emotions
February 07, 2024 17:07 - 26 minutes - 24 MBHumans are wired to feel regret. Here's how to learn from financial regret to become a better investor. Topics covered include: What cognitive biases make feelings of financial regret unavoidable We analyze two regret case studies - one from David and one from a Plus member Why do we avoid big regrets but manage through small ones Five cognitive tricks to help manage financial regrets Sponsors NetSuite – Get your free KPI checklist Long Angle is a private community of 2,500 ...
More Ways to Lock in Higher Yields in Case Interest Rates Fall
January 31, 2024 18:18 - 27 minutes - 24.7 MBProfessional investors and other market participants are lousy at forecasting interest rates. Here are three more options to lock in higher yields today. Topics covered include: The risk of buying long-term bonds and ETFs to benefit from falling yields How volatility drag has impacted a long-term bond ETF like TLT Why interest rates won't go up just because the government issues more bonds How CDs, fixed annuities, and zero-coupon bonds work We compare and contrast the seven f...
How To Lock In Higher Yields In Case Interest Rates Fall
January 24, 2024 17:47 - 29 minutes - 27.1 MBWith cash yields expected to fall, here's how you can keep your portfolio income elevated by purchasing longer-term individual bonds and bullet ETFs Topics covered include: How future short-term interest rates, inflation expectations, and term premiums impact long-term interest rates How each of those rate drivers contributed to the close to 1% drop in interest rates in the past three months How yield to maturity is our guide to locking in a fixed return using individual bonds o...
Now Should You Buy Bitcoin? The Investment Case for the New Spot Bitcoin ETFs
January 17, 2024 17:35 - 27 minutes - 24.9 MBWe explore reasons for buying Bitcoin using one of the new Bitcoin ETFs. We also consider the risks. Topics covered include: Why the SEC finally decided to approve spot Bitcoin ETFs What are the fees and structure of these new Bitcoin ETFs How Bitcoin is similar and different from the fiat money system Where Bitcoin fits in an investment portfolio Sponsors Long Angle is a private community of 2,500 very high net worth investors who leverage their collective expertise and scal...
How Much Should Your Net Worth Grow Each Year?
January 10, 2024 18:25 - 26 minutes - 24.1 MBThe intricate dance between profession, risk, lifestyle, and luck in determining how net worth grows. Topics covered include: The various factors that shape the growth of net worth, including professional choices, risk tolerance, and lifestyle decisions. David Stein's personal account of how these elements influenced the trajectory of his financial growth. Insights into the range of net worth increases observed in 2023, driven by the performance of financial markets. The import...
Should You Be Invested 100% Stocks Before and During Retirement? A Recent Study Says Yes
January 03, 2024 18:04 - 25 minutes - 23.3 MBThe pros and cons of investing your retirement assets 100% in equity, including half in international stocks. Why the 4% spending rule is too aggressive. Why historical asset class return studies that use only U.S. data are biased How researchers build a broader database to study retirement outcomes and spending rates How a 100% stock portfolio performed compared to balanced portfolios and target date funds Why investors should have half their assets in international stocks Why...
Listener Q&A on Investing and Living
December 13, 2023 16:49 - 44 minutes - 40.8 MBWe close out 2023 by answering your questions on active vs passive management, market timing, investing for status, what we learned from Charlie Munger, thoughts on a coming recession, worst investment mistakes, recent books that changed us, and more. Sponsors Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code Delete Me – Use code David20 to get 20% off Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for...
Dissecting Stock Returns: Financial Engineering or Genuine Growth?
December 06, 2023 16:57 - 27 minutes - 25.4 MBDo the impressive returns in public and private markets stem from strategic financial engineering or reflect actual economic growth? How corporate profit growth is linked to economic growth, even though corporate profits are more volatile How interest rates, tax rates, and stock buybacks influence corporate profits and stock returns Why there are fewer publicly traded stocks How the increase in leveraged buyouts has impacted the economy How private equity funds use financial en...
AI's Fork in the Road: Societal Bliss or Existential Threat?
November 29, 2023 18:53 - 24 minutes - 22.8 MBOne year after the release of ChatGPT, we explore the positive and negative paths AI could take and what individuals can do to assist with a positive outcome. Topics covered include: How David uses AI to increase his personal productivity The societal and economic impacts of AI, including its potential to enhance corporate profitability and individual productivity Changes at OpenAI's executive level are examined, highlighting a shift in the organization's direction and philosoph...
Using a Checklist Approach To Investing - The Money for the Rest of Us Philosophy
November 22, 2023 19:05 - 1 hour - 72.1 MBIn this bonus episode, David visits with Bill Yount and Becky Heptig of the Catching Up to Fi podcast in a wide-ranging discussion on investing using a systematic checklist approach. Sponsors Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial si...
Is Tourism Harmful or Helpful? The Economic and Cultural Impact of Global Travel
November 15, 2023 17:00 - 26 minutes - 24.2 MBWhat are the economic and cultural benefits of tourism. What are the downsides to too much tourism. How to find the right balance. Topics covered include: How short-term rentals have changed tourism How cities grapple with too many short-term rentals What is the outlook for short-term rentals How much does tourism contribute to economic output How can tourism be harmful and helpful The example of Cuba Sponsors Madison Trust Self-Directed IRA - Go Here to Learn More and Get ...
Easier Investing, Richer Life: TIPS Ladders to Annuities
November 08, 2023 17:25 - 27 minutes - 25.5 MBWhat are the pros and cons of partially funding retirement expenses with an inflation-indexed bond ladder versus an immediate annuity? There is a big downside to TIPS ladders that many investors don't realize. Topics covered include: Why the stock market is more risky than many people realize Is it too late to invest in TIPS as one advisor suggests How TIPS and TIPS ladders work How immediate annuities work The pros and cons of a TIPS ladder versus an immediate annuity Sponso...
How To Invest Money - 10 Rules of Thumb for Individual Investors
November 01, 2023 16:53 - 29 minutes - 26.9 MBWe discuss ten rules of thumb for individual investors to consider when saving and investing for and in retirement. Don't use institutional hand-me-downs Stay close to home base Beware of dragon risk Mind your investment seasons Catch the popping corn Watch for market swarms Track the economic winds Follow the traffic lights Diversify your baskets Don't burn your ships Sponsors Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code Mona...
The Price of Money - 700 Years of Falling, Can Interest Rates Keep Rising?
October 25, 2023 16:05 - 24 minutes - 22.6 MBInterest rates have been sliding for seven centuries. Dive into the historical forces driving this trend and examine whether the recent interest rate spike is just a blip on the radar. Topics covered include: How the supply of savings and the demand to borrow impact interest rates Why have interest rates been falling for over 700 years, and what might have changed recently to propel rates higher How lower rates have helped households increase their net worth and reduce their fin...
Beyond Stocks: The Allure and Strategy of Credit Investments
October 18, 2023 16:14 - 29 minutes - 27.3 MBWhy investing in non-investment grade bonds, leveraged loans, and preferred stocks is potentially more compelling than investing in common stocks at present. Topics covered include: Why Howard Marks told institutional clients to sell stocks and buy high-yield bonds instead The contractual agreements comprising bonds, leveraged loans, and preferred stock give them an advantage relative to common stocks How preferred equity exhibits attributes of both bonds and common stocks What...
How Much Should You Invest in Stocks? The Art of Position Sizing in a Volatile Market
October 11, 2023 17:12 - 27 minutes - 25.3 MBOur allocation to risky assets should vary based on the expected return, volatility, risk aversion, and how much we can earn risk-free. That means we should be taking less risk right now. Listen to learn why. Topics covered include: Why there are so few billionaires Why the hedge fund Long Term Capital Management imploded Why how much to invest is more important than where to invest How the Merton share formula can assist with determining what percent of our wealth to invest in...
How Higher Interest Rates Alter Our Financial Blueprint
October 04, 2023 13:54 - 28 minutes - 26.2 MBWe explore six impacts of higher interest rates on housing, capital projects, stock buybacks, excess returns for stocks, bonds, and other asset classes, and individual opportunity costs. Topics covered include: Where current interest rates stand Central banker predictions for how long cash yields will stay this high Why housing is the least affordable since the early 1980s Why new apartment building construction has collapsed What has been the excess return for stocks, bonds, ...
The House of Cards: Evaluating Economic and Financial Warning Signs
September 27, 2023 16:02 - 27 minutes - 25.1 MBWhat are the economic and financial system early warning signs that we should heed rather than get caught up in fearmongering? When should we start to worry about ballooning budget deficits, the national debt, a currency collapse, or the stock market? Topics covered include: Signals to monitor to see if things are falling apart How much government debt is too much and why interest rates are key Why central banks don't control the stock market Why the dollar remains dominant, an...
Where Are Interest Rates Headed Next? Insights from the Jackson Hole Symposium
September 20, 2023 15:50 - 28 minutes - 26.2 MBWhy you might want to lock in higher yields now, given real interest rates are the highest they have been in 15 years. Topics covered include: What was covered this year at the Federal Reserve Jackson Hole Symposium What are the primary policy actions central banks take, and how do they influence interest rates What is the neutral real rate of interest, and why is it important Why new ideas are central to an increasing standard of living What would drive interest rates higher ...
Our Car Was Attacked! Is Property Crime Increasing?
September 13, 2023 16:07 - 24 minutes - 22.4 MBDavid shares how thieves recently tried to smash and grab his luggage from his car while he was still inside it. He then explores property crime trends, whether they are increasing or decreasing, and why. Topic covers include: How thieves have stolen luggage from the same gas station multiple times per day What have property crime rates been in the U.S. over the past few decades and since the end of the pandemic What are reasons property crime rises and falls What is inventory ...
Die With Zero: Why You Should Start Spending Now
September 06, 2023 17:14 - 27 minutes - 24.8 MBHow to balance saving, investing, and spending for a fulfilling life. Why you will probably reach your peak net worth sooner than you think and should start drawing down your nest egg earlier. Why we can't optimize for a fulfilling life but can still have one. Topics covered include: How to estimate how much to spend from your retirement assets so you die with zero What is time bucketing and why it doesn't work for everyone How to balance the fear of making a change with the fea...
Bond Investing Masterclass Bonus Episode
August 30, 2023 16:28 - 33 minutes - 30.3 MBThree additional insights to help you confidently invest in fixed income. First, what are the different measures of bond yields, and which is best? Second, how to estimate the return for a bond ETF or fund and how long do you have to own it to achieve that annualized return? Finally, we explore a bond type that yields more than U.S. Treasuries, has never defaulted, and has the implicit guarantee of the U.S. government. See Privacy Policy at https://art19.com/privacy and California ...
From Boom to Bust: Why China's Stocks Lagged Behind Its Economy and Where to Invest Next
August 23, 2023 17:22 - 28 minutes - 26.1 MBHow badly has China's stock market performed except for one remarkable decade What are the economic and governance factors that contributed to the underperformance Why it's too soon to write off China despite the structural headwinds What are the factors that contribute to economic growth and a robust stock market, and which emerging market countries display those factors What are some ETFs to invest in countries with favorable economic tailwinds Sponsors Use code MONEY10 to get 10% o...
Natural Disasters: Are They Truly Increasing?
August 16, 2023 16:38 - 26 minutes - 24.4 MBFrom raging wildfires to devastating floods, how are these natural events reshaping our financial landscape? What if anything, should we be doing with our investments as a result? Topics covered include: The devastating Maui wildfire: What are the factors that led to one of the deadliest wildfires in US history. Global wildfire trends: Are they really increasing? The data might surprise you. The role of insurance companies: Learn how the giants of the reinsurance world, like Swi...
Five Surprising Insights About Stock Indexes and Funds
August 09, 2023 16:41 - 30 minutes - 27.7 MBWe share five things we have learned about stock index valuations, earnings, currency, and why value investing isn't dead. Topics covered include: How index providers divide the stock universe into large and small, growth and value The difference between the price-to-earnings ratio and earnings yield and which is better How earnings volatility can impact annual earnings growth and what to use to estimate future earnings How value stocks often grow earnings faster than growth st...
Crisis-Proof Investing: Strategies for a Shaky Future
August 02, 2023 17:16 - 27 minutes - 24.8 MBGiven climate change and other risks, how should you invest for the next forty years? Topics covered include: What predictions from the last forty years came true and which didn't Why the next forty years will have a lot of similarities to the last forty years despite the promise of AI Why the scale and complexity of the world make big transitions away from oil, cement, and natural gas unlikely Why economic growth and consumption will likely continue leading to positive investm...
What If Social Security Had Been Privatized? The Value of Federal Government Pension Plans
July 26, 2023 17:56 - 28 minutes - 26.1 MBIn 2005, Congress debated giving U.S. workers private savings accounts to invest their Social Security contributions in the stock and bond markets. Sixteen years later, we review how that would have worked out for workers. Other topics discussed include: How the public and private sectors are both critical for a functioning social security systems Which countries pay the highest social security benefits How have other privatized social security plans worked out around the world ...
Beware of Platform Risk - How PeerStreet, a Real Estate Crowdfunding Firm, Went Bankrupt
July 19, 2023 16:23 - 26 minutes - 23.9 MBHow to mitigate the risk of investing on crowdfunding platforms where there is little transparency on the underlying financial health of the platform company. Topics covered include: What is the platform economy How blitzscaling and an over-reliance on venture capital funding led to Peer Street's bankruptcy What happens next for investors on Peer Street's platforms How individuals and businesses can mitigate the risk of investing or conducting business on platforms Sponsors M...
How and Why to Invest in AI
July 12, 2023 16:06 - 26 minutes - 24.1 MBAI models like ChatGPT could lead to massive productivity gains, accelerated economic growth, and higher stock returns. Here's how to invest in AI. Topics covered include: How workers are already using AI models like ChatGPT to boost productivity Why ChatGPT is better at search than Google for certain queries How AI models will change the economic narrative What are ways to invest in AI, including specific ETFs For more information on this episode click here. Sponsors NetSui...
Why Are You Investing? Defining Your Rich Life with Ramit Sethi
June 28, 2023 16:15 - 47 minutes - 43.8 MBCamden and Bret sit down with Ramit Sethi, host of Netflix’s hit show, “How to Get Rich”, author of the New York Times bestseller, “I Will Teach You To Be Rich” and host of the popular “I Will Teach You To Be Rich” podcast. He is known for his unconventional insights on money psychology and his no-nonsense approach to designing and living a rich life. Ramit’s financial philosophy is centered around several key principles, including the importance of automating your finances, using...
How to Live Like You Are Already Retired
June 21, 2023 16:34 - 26 minutes - 24.7 MBHow to create and sustain a life of freedom and happiness you don't want to retire from. Topics covered include: What are the physical and mental aspects of living like you are already retired What is the good life, and what are the basic goods that contribute to it How we handle time is the key to the good life and living like we are already retired For more information on this episode click here. Sponsors Money Pickle – Schedule a free 45-minute video chat with a vetted fin...
How Did They Do? - Revisiting Carbon, SPACs, Silver, Convertible Bonds, and Frontier Markets
June 14, 2023 16:41 - 28 minutes - 26.3 MBWe review the performance and investment prospects for carbon, SPACs, silver, convertible bonds, and frontier markets. Topics covered: What has been the performance of these five asset types since they were discussed on the podcast two to three years ago What are the underlying performance drivers and expected returns going forward Which asset types are most and least attractive For more information on this episode click here. Sponsors Masterworks – invest in contemporary art...
Is It Better to Rent or Buy a Home?
June 07, 2023 15:55 - 27 minutes - 24.8 MBHow to decide whether to rent a house or apartment or purchase a home or condo. What has been the financial return from owning a house? Topics covered include: How much have home prices increased in major cities since 1980 What drove the greater than 50% jump in home prices in some U.S. cities since 2020 Why there aren't more new starter homes What will it take for the housing shortage to abate so houses can be more affordable Why now could be a more advantageous time to rent ...
Don't Be Afraid to Invest In Commercial Real Estate - The Bullish Case for Equity REITs
May 24, 2023 17:36 - 22 minutes - 20.8 MBWhy equity real estate investment trusts should be part of your investment portfolio despite the office sector's struggles. Topics covered include: Why some office REITs are down 30% in 2023, and owners are walking away from buildings How commercial mortgages differ from residential mortgages The broad sector diversification found within equity REIT ETFs What have equity REITs performed long-term and what drove those returns What is a reasonable return expectation for equity R...
What Happens If The U.S. Defaults On Its Debt? Here's Why It Won't
May 17, 2023 16:09 - 26 minutes - 24.6 MBWhat are the grave consequences if the U.S. debt ceiling isn't increased and the government defaults? What would the Federal Reserve and the Executive Branch do to prevent default if Congress doesn't act? Topics covered include: What are the potential impacts of a U.S. default on the stock and bond markets, and the overall economy What causes the U.S. to have a perennial debt ceiling crisis Why it is uncertain when the U.S. government would run out of money to meet its obligatio...
Are the Economy and Financial Markets Zero-Sum Games?
May 10, 2023 18:00 - 28 minutes - 25.7 MBDoes there need to be a loser for every winner when it comes to investing and economic growth? Topics covered include: What are zero-sum games How trading can be a zero-sum game Why active management and seeking excess returns through security selections or country weights are zero-sum games Why the U.S. stock market has outperformed the rest of the world Why economic growth overall is not a zero-sum game, but some aspects of the economy are zero-sum games For more informatio...
The Long-term Bullish Case for Gold
May 03, 2023 21:15 - 27 minutes - 25.4 MBWhy you should allocate a small percentage of your assets to gold. Topics covered include: What is money, and how does gold fit with that definition Why central banks bought more gold last year than at any time since 1967 Which central banks own the most gold and which are increasing their gold holdings How fast is the gold supply growing compared to the U.S. dollar money supply How financialization, greater leverage, and contagion risk should motivate us to consider gold For...
How Should Personal and National Wealth Be Measured?
April 26, 2023 16:58 - 28 minutes - 25.7 MBHow we measure wealth, riches, abundance, and well-being is more important today than ever. Topics covered include: How late 18th century philosophers Adam Smith and the Earl of Lauderdale defined wealth and the role of capital. Why they worried about income inequality and excess profits What led to the dramatic increase in life expectancy and wealth in the 20th and 21st centuries How a long life expectancy and well-being can be attained at much lower levels of wealth Why John ...
Which Inflation Protection Strategies Worked and Which Didn't?
April 19, 2023 16:49 - 26 minutes - 24.3 MBWith a total U.S. inflation rate of 14% in the past two years, we review how various inflation hedges performed over the past twenty-four months. Topics covered include: What were investors' and the Federal Reserve's inflation expectations two years ago What led to the big inflation increase Why was the Federal Reserve forced to raise its policy rate by almost 5% in a year How successful were inflation-index bonds, stocks, commodities, and real estate in beating inflation over ...
How the Coming Credit Crunch Could Harm the Economy and Real Estate Prices
April 12, 2023 17:16 - 28 minutes - 26 MBHow accelerating bank deposit withdrawals could harm the economy, including real estate prices. How dollars slosh around the financial system but always seem to end up at the Federal Reserve. Topics covered include: How many deposits have left banks since the Silicon Valley Bank collapse How much have banks borrowed from the Federal Reserve to meet deposit withdrawals Why exiting deposits are harming bank profits and causing them to make fewer loans How the credit crunch could ...