Nucleus Wealth Insights

Last night in the US we saw a number of regional banks run into issues and have dramatic falls in share price. A range of the largest US banks including JP Morgan, Bank of America and Wells Fargo fell over 5%. Bond yields tumbled (bond prices rose). This could be the precursor to a deeper banking crisis. We run through the issues and the effect on your portfolios. In this investment podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, Chief Strategist, David Llewellyn-Smith and Senior Financial Adviser, Samuel Kerr discussed this breaking update. View the presentation slides Agenda: Background Commercial Property Banking standards tightening Insolvencies are back Delayed effect of interest rate rises Valuation Investment implications To listen in podcast form click here Get an obligation-free portfolio recommendation to see how we would invest for you Learn more about the hosts Find us on social media: Twitter Instagram Facebook LinkedIn Nucleus Wealth is an Australian Investment