be_ixf;ym_202106 d_15; ct_50

Select Page

Wall Street Wins Again: Banks Get a Huge Stimulus Boost

Wall Street Wins Again: Banks Get a Huge Stimulus Boost

So far, the U.S. government has spent $5.3 trillion to help manage the pandemic and boost the economy.

But as Ted Bauman and Clint Lee explain in today’s Your Money Matters, much of that money is stuck in the financial sector’s “whirlpool,” which means it’s not available to stimulate the real economy.

It’s the same old story…

Whenever there’s a crisis, somehow Wall Street manages to get the best deal of everyone.

What will they do with all of that money?

How could it affect you?

You’ll find all that out and more in today’s video. You’ll also discover:

  • How big the U.S. financial sector has become as a percentage of gross domestic product — the number will shock you.
  • The three factors driving earnings of banking stocks and what that bodes for the economy.
  • Why the increasing size of the financial sector is of great concern and the negative impact it could have on the real economy.
  • And more.

Banks Are the Biggest Winners From the COVID-19 Pandemic

While many expected banks to suffer when the chaos struck last year, it turns out that they have fared better than most. This is not necessarily a good thing.

Click here or on the image below to watch today’s video to find out more:

Remember, we don’t provide transcripts for our YouTube videos, but you can read closed captions if you’d like. Simply click on the “CC” in the bottom right-hand side of the video.

Good investing,

Angela Jirau
Publisher, The Bauman Letter

Newsletter Sign Up




“Thirteen of my positions are up well over 50% in less than a year since joining your service. Two are in the triple digits with several close behind. My personal money manager, who works for one of the largest banks in the country, is envious of my gains. I never dreamed this was possible. My trips to China to teach English to young Chinese students is now much more affordable. Thank you for your dedication and help.”

- Chris K.

“I started with $215,000 in Nov. 2018, It is now over 800,000. So very happy with Banyan Hill Publishing.”

- Larry K.

“Paul, your investment research has been a godsend. Our portfolio was just a tad over two million dollars. I paid my daughter's legal fees, my wife's medical expenses, helped my wife's stepmother with home repairs, loaned our son money for real estate. I also bought two used vehicles, one for our daughter and one for our eldest grandson. All told, these expenses added up to well over a quarter million dollars. I am happy to report that we have profits left over!”

- Taylor M.

Share This