(Pt 2/2): Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews George Gammon, investor and macroeconomics expert, who warns that the banking sector could collapse as soon as March of next year. Gammon breaks down the Bank Term Funding Program (BTFP), its expiration date, and Federal Reserve Chair Jerome Powell’s dilemma about renewing the program. Gammon also reveals his own portfolio allocation in this uncertain environment. Watch Part 1 here: https://www.youtube.com/watch?v=fQMk3lnuAMM&t=5s
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#banking #crisis #economy #Fed
00:00 – Banking crisis in March?
08:11 – What Jamie Dimon’s decision to sell his shares mean
13:32 – Portfolio allocation
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