AZDave: I hope you're kidding. Bonds represent the largest majority of assets held by U.S. life insurers. The insurance industry as a whole is the largest buyer of corporate and govt. bonds of all types (Federal, State, Local and Foreign). A study by the Federal Reserve Bank of Chicago reported 75.5% of life insurer assets were held in bonds. Corporate and Foreign bonds represented the single largest asset class at 46% of holdings. Equities represent less than 3% and real estate less than 1%. Most insurance companies don't even own their home offices. Where did you think their billions were held? Source: Chicago Fed Letter, Number 309, April 2013.
Debt Bomb Coming Soon
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genefl
New Member
- 19
Insurance companies have bonds in these bank bonds from SVB especially the ones who are owned by hedge funds. Review your companies from
https://thetsrratio.com/?fbclid=IwAR2dDtNXP3Nskg40x1ltEj48nQvCoquA5Kl8RkfwbYVClHAgiS5J0zTqksE
https://thetsrratio.com/?fbclid=IwAR2dDtNXP3Nskg40x1ltEj48nQvCoquA5Kl8RkfwbYVClHAgiS5J0zTqksE
jenx3k
New Member
- 17
I am concerned about Swiss Re and if it is associated with Credit Suisse. Swiss Re is a HUGE reinsurer, and a lot of carriers are under Swiss Re. Any thoughts?
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To raise needed cash, Credit Suisse sold it remaining shares of Swiss Re last fall, so Swiss Re shouldn't have any exposure in that regard to Credit Suisse
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I bought TFC and SCHW. Hopefully I did well.
I bought META and Bitcoin near the bottom and that's done pretty well for me.
Probably a smart move. I caught bitcoin pretty low as well.
I bought TFC and SCHW. Hopefully I did well.
I bought META and Bitcoin near the bottom and that's done pretty well for me.
I saw this earlier today:
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Frankly, I don't get bitcoin. I've had people explain it to me, watched interviews, articles, etc. I just don't see the value. But, apparently other people do. I've got a little bit of FOMO, so after it dropped, I bought some. I missed the actual bottom, but I was close enough I feel good about it.
My META bet was very close to the bottom. I bought, then when it dropped again, I bought even more. Feeling really good about that. I'm up like 35% in about 6 months. If only the rest of my moves were that good, lol.
You want to drink some real bitcoin kool-aid, watch some of Jack Maller's videos. Dude is a crazy bitcoin junkie (he's the CEO of Strike) but makes some really good points in between ranting about the world and life.
He also does a great job explaining why it has value (once your filter out all of the other stuff).
Lol . We heard the same thing about commercial real estate in 2010-12 . $3 trillion needed to be refi’ed . It was the end of commercial real estate. Never heard another word . I’ll be the first to admit I’ll be shocked if the bit has bottomed . 12 yr Bull mkt and we gave back only 1 year if it ( 2021 ) . We never even took out the 2020 all time highs of 3200 on the s@p . All this as rates went up 10 fold on the 10 yr bond . P/e’s should have compressed big just by the fact if rates rising so much . You can get a safe 5% one yr cd so huge competition for stocks .
Also with all the bank calamity loans will be much harder to get thus trouble for the economy . With the Enormous credit card and regular debt out there tough times ahead . We very well could enter a period of deflation and debt bk big .Blame the fed for all this . They gave the mkt a cocaine high for 20 yrs of unlimited printing . Now the painful hangover here . Unfortunately 80% of the population that never participated in the cocaine high will pay the price .
Also with all the bank calamity loans will be much harder to get thus trouble for the economy . With the Enormous credit card and regular debt out there tough times ahead . We very well could enter a period of deflation and debt bk big .Blame the fed for all this . They gave the mkt a cocaine high for 20 yrs of unlimited printing . Now the painful hangover here . Unfortunately 80% of the population that never participated in the cocaine high will pay the price .
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