Bank Run Alert: 91 US Lenders, Including JPMorgan, at Serious Risk
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 21 August 2024
⏱️ 47 minutes
🧾️ Download transcript
Summary
A recent report reveals that 91 US lenders, including major banks like JPMorgan Chase, BNY Mellon, and State Street, are at serious risk of bank runs. Discover the factors contributing to this potential crisis and what it means for the financial industry.
Today's Stocks & Topics: CLH - Clean Harbors Inc., Market Wrap, 401 and 427 Plans, Bank Run Alert: 91 US Lenders, Including JPMorgan, at Serious Risk, STNE - StoneCo Ltd. Cl A, Dual Direction Funds, Best Performing Stocks of All Time, Transferring Funds from a 401k to a Roth 401k, NI - NiSource Inc., New Real Estate Industry Rules.
Our Sponsors:
* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com
* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me
* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai
* Check out Progressive: https://www.progressive.com
* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com
* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com
* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com
* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com
Advertising Inquiries: https://redcircle.com/brands
Transcript
Click on a timestamp to play from that location
| 0:00.0 | At a time when investors are confronted with market volatility and a variety of challenges |
| 0:09.7 | fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures. |
| 0:17.0 | Justin Klein stands ready to take your finance and investment questions and share his unbiased answers. |
| 0:24.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, |
| 0:31.0 | serving clients throughout the United States. |
| 0:34.0 | The clarity for your path forward starts now. |
| 0:39.0 | Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:47.0 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:51.0 | This is our Wednesday, August 21st, 2024 edition of Invest Talk. |
| 0:56.7 | Appreciate you all tuning in for this hour. |
| 1:00.2 | Markets are quite interesting. We have that sell-off on the unwinding of the end-carry trade, |
| 1:05.0 | now markets are rallying back. |
| 1:09.0 | And, you know, we're heading into election season, |
| 1:12.0 | and there's just a lot in the air a lot of headlines and a lot of |
| 1:17.2 | Topics that can kind of throw you off your game |
| 1:20.4 | It's we live in a world with social media and the media, the general media tends to also like to put out headlines that get you riled up but don't really tell you a whole lot about |
| 1:36.9 | context of the stories and how this what this really means in the world they're |
| 1:40.8 | just trying to get clicks. And you see that in regular media as well. |
| 1:45.9 | Think of CMBC, right? They don't care whether you make money. They just care whether you |
| 1:50.4 | tune in. Well, this show is different. We are not here just to bang bells and |
| 1:56.4 | whistles and chase headlines. We're here to give you context so that you can make |
| 2:01.6 | better decisions with your money. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

