Galaxy Digital CEO Michael Novogratz joins ‘Squawk Box’ to discuss the state of regional banks, whether there is contagion risk in the global banking system, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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49 Comments
Should of asked see his Terra Luna tattooe, the MUG !
The real question is why he is even invited, strong indicator Fed needs to hike more
Except stocks were up 2 days in a row before today
Let oil keep falling!!!!
Headed to a recession is a bit of a stretch. You could say we're already in one.
He's just trying to sell crypto!
free people, free market my ass…
Ehhh it will pass away …good time to buy banks for long term dividents
now this is the guy with terra luna tattoo on his arm, and you ask him for opinion ! credible.
Mike starts every statement with and aggressive "listen"
SVB's collapse hasn't made anything better. I feel sad that even though I am investing, I don't have the brain power to dig through how each company is doing, is this a good time to buy stocks or not, my reserve of $450K is laying waste to inflation and I don't know what to do at this point tbh, I need solid data on market trajectory
I'm in complete awe at how I went from living an average life to making over 63k per month. It's amazing. The financial markets are full with opportunities, but I've learned a lot over the past few years to doubt that. The key is knowing where to focus. Well appreciated, Rodger Michael Karl.
That David tepper in disguise
Why does Novogratz always look like he is an elderly 12 year old child?
I would like to start a poll; Which guests on CNBC get under your skin the most (for whatever reason) and are the biggest BSers ? Top 5 consideration for me Novogratz, Brad Gerstner, Michael Saylor, Chamath and Jason Calacanis. There is plenty more competition out there folks. Let's hear them.
That guy is nuts ..bitcoin ?? 😅clownshow
Dilemma: Hyperinflation vs Stagflation. Then totally collapse of the credit market.
.
One thing is for sure particularly in this weak market, there are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
To say the FED is going to pause because of bad management and careless investments by SVB is ridiculous! The FED is going to stay the course! Getting Inflation under control is more important than the stupidity and foolishness by SVB management!!!
Recession? Just elegant to remind we’re having supper great life already. 😂
Hey Mike let's see that tattoo hahahah don't trust this dude
Bidenomics at work.
🌹👍
Long BTC is not a smart move
Amazing video and thank you for breaking it down!! Despite the economic downturn,I'm so happy☺️. I have been earning $ 15,200 returns from my $7000 investment every 14days..
What is baldy wearing?
This newscaster, Mike,is going to create a problem that is not there. Why are people listening. No one needs Bitcoin. Stop this interview already.
Fed needs to blow the bubble bigger.
We want to give Big Bang a run for the money.
CNBC always has the most sensational folks on air. It's part of the entertainment. You could watch the show every day for 15 years and hear a "it will crash tomorrow" spokesman a few times / week. What's funny is that despite the history of false predictions, some folks accept each new forecast as the real thing. When the time passes (days, weeks, months, quarter, etc) they move to the next "crash" person. LOL
On a contrary note, many are saying that a recession may have been avoided by the huge drop in oil prices.
The balls on the guy coming on CNBC after that disaster
Crypto has fallen because tradfi contagion temporarily depegged usdc?
When our government forces each taxpayer to pay for ten immigrants it's much worse than a recession. It's top down slavery. It's the poor uniformly priced out of housing and buying food by extremely driven prostitutes who sell drugs and rob us.
Markets are discounting every bad news, there is very very very little fear. This will make Powell even more hawkish.
Look at what the ECB did. They raised by .50bp, markets just shrugged it off! EU stocks are going up!
Money backed up by gold
Bunker Trades. Melissa is awesome.
As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.
The Fed is a disaster… rates too low. QE too long. Inflation is transitory. Now a disaster starting from the hikes.
Newsflash….. The recession has been here AWHILE.
Changing the definition doesn’t mean it isn’t true.
Hard to trust the judgement of a guy who would make such stupid dress decision
Christmas massacre of 2018
Speak for yourself 🤓🖕
Or hedge funds/private equity funds got margined called when the 2yr yield tanked. 😂
Silver looks to be in overbought position…can we continue sell on rise…pl advise if you have any idea ?
😩😩,,, There it goes again crypto worthless fake value coin crap,,,, 🥱🥱🥱🥱
🤔🤔,,, the facts are that
U can't see,
Can't touch,
Can't hold,
Can't make anything,
Can't even exchange,
Most of all it against currency $$$$ & the 🌏 currency,,,
It's all about global financial golddigger crooks' manipulation,,,
Don't even bother coin crap,,, while u are sleeping these coin crooks ell out every thing & walk away with currency,,
😢😡😫😫😫😫,,,
If U are NOT hedges, ur portfolio must choose
GOLD & OIL …😁
Go figure
Relax. Hold cash and real assets. Don't listen to the shameless plugging of the ultimate risk asset by the guy who is long in them.
😂😂😂😂😂
Everybody is concerned about the market going down but refusing to take advantage of it. The best decision I ever made in my life was :nvesting in the crypt0 market. Trust me guys, it really pays a lot! 😊
That mesmerizes me that a 4.5% interest rate is crashing the economy. How have we been able to maintain a 2% or less inflation for so long (11yr) with such a low interest rate before (0.16% from Dec 2008 to 1.58% in Feb 2020 with a bump at 2.40% in 2019) ? These were the best years for low inflation and we were on continuous QE for 11 years (from $1.6T in Dec 2008 to $4T in Feb 2020). Does somebody have any explanation ?