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4-20-2021: Banks Lost Billions of Dollars in First Quarter Due To Archegos Fund Meltdown

4-20-2021: Banks Lost Billions of Dollars in First Quarter Due To Archegos Fund Meltdown

FromInvestTalk


4-20-2021: Banks Lost Billions of Dollars in First Quarter Due To Archegos Fund Meltdown

FromInvestTalk

ratings:
Length:
47 minutes
Released:
Apr 21, 2021
Format:
Podcast episode

Description

While Morgan Stanley was the biggest prime broker to Archegos, other banks suffered larger losses-- how could this happen?

Today's Stocks & Topics: SLVO - Credit Suisse X-Links Silver Shares Covered Call ETN, NXPI - NXP Semiconductors N.V., Gold, SQ - Square Inc. Cl A, MO - Altria Group Inc., SWKS - Skyworks Solutions Inc., Sears, Voting for Board Members, CTMX - CytomX Therapeutics Inc., Restaurant Retail Chains.

TRIVIA QUESTION: "Looking back in time at the RETAIL business, I'm thinking of well-known brand that emerged in the 1920s-- and went on to symbolize how PUBLIC COMPANIES can go from thriving businesses to bankruptcy... as part of a cycle. WHAT is the name of the retail giant I have in mind?"

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Released:
Apr 21, 2021
Format:
Podcast episode

Titles in the series (100)

In today's ever changing global economy, understanding investment options can be a daunting, time-consuming task. With all the opinions and hearsay that can bombard investors, education is a key component to success. That's why more and more savvy investors are tuning into InvestTalk. InvestTalk is a weekday program that looks at new and relevant investment topics each weekday, and answers questions about financial and retirement planning, money management as well as general concerns about the stock market with financial adviser, Steve Peasley.