2 Question Tuesday – 03/12/2024 – Should We Expect More Banks To Fall After New York Community Bancorp & What’s The Underlying Message Behind The Rally In Bitcoin?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. Should we expect more banks to fall after New York Community Bancorp?
  2. What’s the underlying message behind the rally in Bitcoin?

Phil, Mike, and Larry talk about how one year after the fall of Silicon Valley Bank and Signature Bank, the commercial real estate crisis took its first victim, New York Community Bancorp, which has seen its stock plunge 73% this year. They then discuss if we should we expect more regional banks to fall into trouble. After that, they address the huge rally in Bitcoin and whether it’s connected to the speculation in the stock market.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Host Lawrence Carrel’s books available available at Amazon.com