We're On The Verge Of A Real Banking/Credit Crisis

Many indicators that are either never wrong or rarely wrong are signaling that a recession is ahead, notes David Stryzewski. He discusses how stocks are mixed as tech earnings boost the Nasdaq-100. He talks about the takeaways from First Republic's (FRC) decline and how the bank weakness has affected the market. He mentions that we're on the verge of a real banking/credit crisis and we will likely see many Chapter 11's begin as corporations will be forced to renegotiate their debt payments. He then goes over Microsoft's (MSFT) place in the A.I. race. He monitors recent price action in gold (/GC) and silver (/SI). Tune in to find out more about the stock market today.