Wall Street's Shadow Market | 60 Minutes Archive

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  • čas přidán 19. 05. 2024
  • Steve Kroft reported on the financial instruments that fueled the 2008 economic crisis.
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Komentáře • 115

  • @liviuion3898
    @liviuion3898 Před 6 dny +289

    Stocks all the way! Despite the heightened volatility in the stock market, I recently dived in and invested $80k in a mix of ETFs and individual stocks. My goal is to capitalize on the current S&P 500 downtrend. what could be accurate predictions moving forward? Open to chat.

    • @richarddamien4654
      @richarddamien4654 Před 6 dny +10

      There are tools that allow invstors to invst in companies before they hit the stck mrkt, multiplying those potential gains that otherwise wouldn’t be available after the initial public offering. That’s what I am up to, steer clear frm the equities nd bond mrkt, my humble opinion.

    • @danielcovelli72
      @danielcovelli72 Před 6 dny +9

      I'm in total agreement! I've hd the privilege of wrking with a seasoned pro for nearly 4 yrs, who hs a track record of successfully launching IPOs. We got in on the ground floor with a modest invstment, nd it skyrocketed like a rocket ship! Our profits frm GME alone exceeded $4 million in 2020/2021. Although inflation hs taken a bite out of our nest egg, we're fortunate to have Monica expertly managing our wealth, jst as she has done for the past 3-4 yrs.

    • @orkunistmak3219
      @orkunistmak3219 Před 6 dny +7

      Definitely private investing is the way to go. Our government keeps lying. I’d like to earn like that is it a private equity fund or mutual funds investing?

    • @liviuion3898
      @liviuion3898 Před 6 dny +7

      @daniel wow impressive, how were you able to achieve this despite the downturn?

    • @clementdan9417
      @clementdan9417 Před 6 dny +6

      this is incredible! how can I reach this seasoned pro you are working with, mind sharing info, if you please?

  • @benitabussell5053
    @benitabussell5053 Před 8 dny +237

    With the threat of a looming financial crisis potentially causing havoc in the stock market and leading to downturns, it's essential to brace for potential market volatility. The key concern is how to safeguard my $600K stock portfolio against decline.

    • @A_francis
      @A_francis Před 8 dny +6

      Amidst any crisis, investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor

    • @RickWatson-xu6gw
      @RickWatson-xu6gw Před 8 dny +5

      The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, invt-advisors are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, my portfolio has yielded nearly 300%, summing up to 7-figure as of today.

    • @benitabussell5053
      @benitabussell5053 Před 8 dny +1

      Pls who is this coach that guides you? I’m in dire need of one, my stock portfolio is declining even in a bulll market.

    • @RickWatson-xu6gw
      @RickWatson-xu6gw Před 8 dny

      *Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

    • @samuelslapshak130
      @samuelslapshak130 Před 5 dny

      Ben, I honestly recommend you look into storing your saving in bitcoin. Reach out to me if you’d like more explanation but I’m not here to shove it in your face. Best of luck

  • @Mr-sweeny
    @Mr-sweeny Před 8 dny +324

    With inflation at 3.70%, I'm looking to enter the market now and ride it out as the economy improves. I'm putting together a $350,000 portfolio with Stocks and ETF's. Do you have any recommendations with solid cash flow?

    • @PatrickLloyd-
      @PatrickLloyd- Před 8 dny

      Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

    • @PhilipDunk
      @PhilipDunk Před 8 dny

      You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.

    • @Nernst96
      @Nernst96 Před 8 dny

      Hello thanks for replying, I'm curious to give this a try. Please who is your advisor and how do I get in touch?

    • @PhilipDunk
      @PhilipDunk Před 8 dny

      Well, I chose Amber Dawn Brummit as my advisor after her interview on CNBC In 2020. She is SEC regulated with offices in the US and quite frankly a genius with portfolio diversification.

    • @Nernst96
      @Nernst96 Před 8 dny

      I just found her webpage and read through her educational background and qualifications, which were all very impressive. So I scheduled a call with her.

  • @derekblackthorne
    @derekblackthorne Před 13 dny +50

    *It's happening all over again, and it will never end. The game is rigged.*

    • @Alpharizzchad
      @Alpharizzchad Před 9 dny

      Not if you are locked in to a low rate. They will try. Just don't back down

    • @jonslg240
      @jonslg240 Před 9 dny +1

      8:40 you can tell he's guilty as sin and doing everything he can to mislead without outright lying. He looks like a kid who told his mom he didn't eat the cookies when the mom points out he's got crumbs all over his shirt.

    • @aymanhawari2589
      @aymanhawari2589 Před 9 dny

      Except this time we know. Game apes aren't leaving. Hold till Valhalla

  • @workshop1668
    @workshop1668 Před 13 dny +19

    I learned a new phrase today. Archimedean Copulas.

    • @Vifnis
      @Vifnis Před 12 dny +3

      that's not a phrase that's a mathemtical equation....

  • @MattCRHughes
    @MattCRHughes Před 12 dny +7

    2:51 I laughed out loud. He’s not wrong.😂

  • @williamsu5552
    @williamsu5552 Před 9 dny +2

    "you can't model human behavior with math."

  • @bdrg999
    @bdrg999 Před 10 dny +4

    8:51 that greaseball can’t hide the smugness in his face. They knew exactly what they were doing, selling bad products and getting high and fat off fees, and they knew they wouldn’t be held accountable for it

    • @Alpharizzchad
      @Alpharizzchad Před 9 dny

      He never really said anything about the crime

  • @chkee17
    @chkee17 Před 10 dny +2

    The influence of incentives in precipitating crises is a well-documented phenomenon. Individuals often engage in excessive actions to maximize their personal gain, which can ultimately lead to unintended negative consequences. This human tendency is a significant factor in understanding the root causes of various crises.

  • @Deitricklaverne
    @Deitricklaverne Před 12 dny +44

    Thank you and Good point.. the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it’s safe to say that a severe global recession is looming..

    • @Deitricklaverne
      @Deitricklaverne Před 12 dny

      With the ever-changing global economy, tax laws and regulations can also vary, impacting how investments are taxed. It's essential to stay informed and adapt your tax planning strategies accordingly.

    • @camela8445
      @camela8445 Před 12 dny

      That's true. Changes in tax policies, both domestically and internationally, can have significant implications for investors. It's crucial to work with financial advisors who understand these complexities and can help navigate them effectively.

    • @camela8445
      @camela8445 Před 12 dny

      Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,

    • @benjamineprg4249
      @benjamineprg4249 Před 12 dny

      the problem is that a lot of people don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

    • @benjamineprg4249
      @benjamineprg4249 Před 12 dny

      It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.

  • @j.a.velarde5901
    @j.a.velarde5901 Před 13 dny +10

    I was too young to know about this when it occurred. Why were the responsible parties not blamed and punished, please?

  • @Lecksite
    @Lecksite Před 10 dny +2

    that summed it up well at the end of this vid. the ones at the top of the financial institutions decided to make themselves rich no matter how much damage it caused to how many people

    • @ryaj2356
      @ryaj2356 Před 6 dny

      And it only got worse after the Uber rich got their money back to do it all again. The poor lost their money. Homes, cars, all assets. The rich kept everything and even got all their investment back.

  • @rexmundi273
    @rexmundi273 Před 9 dny +2

    ETFs are like CDOs.
    ETFs: Throw a bunch of stocks together and let investors buy them, don't look at any fundamentals regarding the underlying stocks.

    • @aymanhawari2589
      @aymanhawari2589 Před 9 dny

      ETF are used to print fake shares/FTD
      ETF Short Interest and Failures-to-Deliver:
      Naked Short-Selling or Operational Shorting?
      Richard B. Evans
      University of Virginia
      Rabih Moussawi
      Michael S. Pagano
      John Sedunov
      Villanova University
      First Draft: March, 2016
      This Draft: January, 2018
      ETFs constitute 10% of U.S. equity market capitalization but over 20% of short interest and 78% of failures-
      to-deliver. While this disproportionate share of short activity has raised concerns about excessive
      shorting/naked short-selling of ETFs, we identify an alternative source of ETF shorting related to
      creation/redemption activities. This source, “operational shorting”, is associated with improved liquidity,
      but it is also associated with increased systemic risk. In exploring possible mechanisms for this risk relationship, we document a commonality in operational shorting across ETFs that share the same
      authorized participant and the financial leverage of the authorized participant appears to amplify this
      commonality.
      czcams.com/video/ncq35zrFCAg/video.htmlsi=7RGZ8Zydk60EAyPn

  • @WheelerRickRambles
    @WheelerRickRambles Před 13 dny +6

    I wanna be a Senator/House Rep so I can insider trade creating generational wealth for self & family.

    • @user-qr7ee2cp4y
      @user-qr7ee2cp4y Před 5 dny

      Stop voting for the incumbent and maybe you'll become one too some day.

  • @d.diggler9936
    @d.diggler9936 Před 4 dny

    At 9:25, that was an uncomfortable silence.

  • @MatthewMS.
    @MatthewMS. Před 12 dny +1

    What’s the best thing ever? Wall Street 🇺🇸📈

  • @mattwassenaar456
    @mattwassenaar456 Před 7 dny

    Swap = unregulated/illegal insurance. Check. Permission from SEC = corruption. Double check

  • @Korloko
    @Korloko Před 9 dny

    Privatize the gains, socialize the losses 🇺🇸

  • @stevenm7211
    @stevenm7211 Před 12 dny

    2:52 you hear that John Nash?!

  • @Judess89
    @Judess89 Před 13 dny +1

    Hey 60 minutes!

  • @tomciolino429
    @tomciolino429 Před 8 dny

    JP Morgan Chase invented this and sold them quickly to end their exposure. That’s why they didn’t need a bailout during the crisis !!!

  • @TribalCashAA
    @TribalCashAA Před 12 dny +1

    As long as there are fewer and fewer foreign buyers of U.S. bonds, the U.S. will be forced to use more and more complex derivatives to tie up and slow down dollars. The biggest danger is that foreign governments may start propping up their currencies the same way.

    • @Alpharizzchad
      @Alpharizzchad Před 9 dny

      It was the Foreign backs that sold the loans. Most were busted ( Google it) and the US government sued them. But we're did the money go

  • @graymars1097
    @graymars1097 Před 9 dny

    Oh those numbers were so big back then but now they're "meh" numbers 😂
    thank God we're in good hands 😂
    /sarcasm
    God help us all

  • @nelsonnunez7149
    @nelsonnunez7149 Před 9 dny

    The nature of their risk is no effect to them … it only affected the %99

  • @ryaj2356
    @ryaj2356 Před 6 dny

    Why did tax payers pick up the tab for greedy investors? All reward with no risk?

  • @mzreesiereese1442
    @mzreesiereese1442 Před 13 dny +2

    Seeeee, I already knew we were in a recession...they just not saying it!!🤷🏿‍♀️

    • @mr.monitor.
      @mr.monitor. Před 13 dny

      They changed the definition of the word in 2022😅

    • @broken_casper
      @broken_casper Před 12 dny

      @@mr.monitor.y’all are brain dead 💀it’s been more 2 😂😂

    • @mr.monitor.
      @mr.monitor. Před 12 dny

      @@broken_casper What? I can't read ebonics

  • @dinkeydink9376
    @dinkeydink9376 Před 9 dny

    Who are the winners that took all the money? They never ask that question. Uncle Sam(tax payers) paid trillions to the winners. Think we all are entitled to know who they are.

  • @Alpharizzchad
    @Alpharizzchad Před 9 dny

    The main One they used Bank of the West to buy up all the property and Package them and then sold them.Recived full payment from the. FHA. And then received money for service the loan. And you couldn't buy the stock? After the they made a huge amount of money. They sold the Bank. Today it's called BMO. They went out of the country for BMO is the Bank of Montreal. That Canadian 😅

  • @jjg1501
    @jjg1501 Před 11 dny

    everyone with just a touch of common sense could have told you how this entire thing would play out. its not hard to know someone making 50k a year will default on a million dollar house.

    • @Alpharizzchad
      @Alpharizzchad Před 9 dny

      The problem was in 1990s the housing Bubble. Back then a 800 thousand dollar house was selling for 165. I know I was able to buy mine. Today the house is noted for more. People forget that interest rate was 18-21% 1980-1989.then the bubble hit. And the bank's are not into selling houses for they get paid upfront for the FHA loans and then paid to service the loan. So they just dumped them on the market. And there was a flood of homes

    • @jjg1501
      @jjg1501 Před 9 dny

      @@Alpharizzchad so wrong. people were just getting loans that made them appear to cost 165 or even much less for a couple of years until the arm adjusted to multiples of what it was.

  • @user-ew8xj5pg7y
    @user-ew8xj5pg7y Před 13 dny +2

    God loves you and takes care of you so that this message reaches you. God is the one who created this great universe and has complete control over it. And the greatest loss that a person loses in this life is that he lives while he does not know God who created him, knowing the Messenger of Muhammad, the last of the messengers, and the Islamic religion, the last of the heavenly religions. The great intelligence, before you believe in something or not, is to read it, study it, and understand it well, and then you have the choice to believe in it or not. I advise you on this now before you do not have time to do that.

  • @lonnieyancer3256
    @lonnieyancer3256 Před 12 dny

    They just buy them out right now.
    So they can borrow and speculate with the equity. Still keep that monthly return. Stop saying it’s complicated. Greed is not complicated. Just follow the money.

    • @humboldthammer
      @humboldthammer Před 12 dny

      Follow the money? TRILLIONS unaccounted for by our own DoD (Department of Defense) -- TRILLIONS !!
      Borrow + Bomb = the False Profit we the sheeple still follow since 2001.
      Trump 2017: "Every nation for itself . . . in the Name of GAUD." Grand Architect of Ur Destruction.
      Biden 2020: "Nothing will FUNDamentally change."

  • @nelsonnunez7149
    @nelsonnunez7149 Před 9 dny

    These financial %1 are so evil ….

  • @jameslaskowski2540
    @jameslaskowski2540 Před 6 dny

    Disgusting
    Did aig ever payback their rescue money?

  • @eddiet2602
    @eddiet2602 Před 12 dny +1

    How can I make money off this

  • @djlemoncello6064
    @djlemoncello6064 Před 8 dny

    Looks like real organized crime.

  • @Dieselpwr
    @Dieselpwr Před 12 dny

    Sound like let’s push the market to breaking Point

  • @genieruddle8
    @genieruddle8 Před 13 dny

    YIKES!!😫🤬

  • @LaurieValdez-zk3dy
    @LaurieValdez-zk3dy Před 13 dny +6

    $$$
    😢
    We're headed for the Great Depression all over again

  • @1974rail
    @1974rail Před 6 hodinami

    Ask a democrat!

  • @raze1918
    @raze1918 Před 12 dny

    😁

  • @franko8572
    @franko8572 Před 13 dny

    Boom baby boooom!

  • @samuelslapshak130
    @samuelslapshak130 Před 5 dny

    Hey everyone, Bitcoin solves this. All of it. Reach out to me if you’re sick of fiat money. Cheers.

  • @blakeaaron5698
    @blakeaaron5698 Před 11 dny

    Crypto, anyone?

  • @maximumoverload5134
    @maximumoverload5134 Před 12 dny +1

    Trump 2024 MAGA
    Trump the real MVP
    ( MOST VALUABLE PRESIDENT )

  • @deathlarsen7502
    @deathlarsen7502 Před 8 dny

    what a joke