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Malta and Tel Aviv Diamond Bourse
GLOBAL REGULATORS WARN “MAJOR ADJUSTMENTS” NEEDED TO CORRECT WORLD FINANCIAL MARKETS
Savy investors understand that Bear Markets destroy Financial wealth. Although the media loves to overhype volatility and speculation as the “end of the Financial World” as we know it, reality shows us that 10 – 20% market corrections are now commonplace! In 2022, Financial Markets lost over $280 billion in client value and Markets are still standing! However, there is no doubt that significant wealth will continue to be lost as well as gained going forward!
Warnings of potential trouble ahead for world markets dictates that responsible planning to protect your hard earned wealth needs to include a Diversification strategy highlighting safety and protection from volatility! The impact of rapidly changing interest rates will affect not just banks but almost all sectors of the U.S. Financial System. And perhaps the greatest impact will be felt by institutions that act as quasi banks like insurance companies, pension funds and hedge funds where authorities have less visibility of hidden losses, sometimes until it is too late!
While high interest rates and inflation are significant enough on their own to adjust Markets downward, perhaps no single event presents more volatility and danger to Personal Assets and future Wealth Accumulation than the threat of a collapse in less visible, unregulated markets!
FALLING DICE
Nearly half (48%) of Americans are concerned about the safety of their bank deposits, according to a recent Gallup poll.
Recently, Lawrence McDonald, former vice-president at Lehman Brothers, projected that the banking crisis could derail another 50 regional lenders in America if the US fiscal and monetary authorities fail to take steps to resolve structural challenges. In the U.S. and European banking sector, the rollercoaster ride began in early March, with three weeks of substantial volatility. First, two major US regional banks (Silicon Valley Bank (SVB) and Signature Bank) failed. Then,
one of the 30 global systemically important banks, the Switzerland-based Credit Suisse, lost its autonomy after a government-facilitated takeover by UBS. In the process, market and depositor confidence dissipated in key parts of the sector, with adverse repercussions in investor and consumer confidence. MARKETS HATE UNCERTAINTY! To prevent the situation from affecting more banks, global industry regulators – including the Federal Reserve, the Bank of Canada, Bank of England, Bank of Japan, European Central Bank and Swiss National Bank - were compelled to intervene and provide extraordinary liquidity.
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