4-20-2021: Banks Lost Billions of Dollars in First Quarter Due To Archegos Fund Meltdown
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 21 April 2021
⏱️ 47 minutes
🧾️ Download transcript
Summary
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.
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Transcript
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| 0:00.0 | Now, on this Invest Talk podcast, Steve Peasley listens to your questions. |
| 0:07.0 | Hi, David from Ohio, a great podcast. |
| 0:10.0 | My question is, gold's been going down. |
| 0:13.0 | Is this the right time to buy some physical gold? |
| 0:16.0 | And provides unbiased answers. |
| 0:18.0 | Physical gold, when he mentions physical gold, |
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| 0:33.0 | My question is about ticker symbol, PT, MX. |
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| 0:50.0 | Steve Peasley, president. |
| 0:52.0 | KPP Financial. |
| 0:54.0 | Independent thinking, shared success. |
| 0:57.0 | And out today's podcast. |
| 1:03.0 | Good afternoon, everybody and welcome to Invest Talk. |
| 1:06.0 | It is Tuesday, April 20, 2021. |
| 1:09.0 | And of course, on today's program, like we do every day, |
| 1:12.0 | I promise to be as straightforward as possible to give you nothing but the facts, |
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