Tag: ECONOMY

More Banks Crashing and Burning in the Pre-Market

I think I’ll just leave this here… Lines were seen outside a First Republic Bank branch in California, with worried customers wanting to withdraw funds […]

Bank Run Monday

Despite the extraordinary actions by the Federal Reserve and FDIC last night, the idea that shareholders and bondholders will be wiped out due to this […]

Oops, Something Else Broke

So steepening the yield curve probably isn’t such a hot idea even if it’s only 12 bps thus far: And the US Treasuries are watching […]

FDIC Sunday?? Signature Bank of NY Closed by Regulators

The State of NY in coordination with the New York Federal Reserve has closed Signature Bank, the once free-wheeling crypto bank. From CNBC: Regulators close […]

Is the Silicon Valley Bank Bailout Happening now?

Apparently, the chicken has spoken: Never doubt the chicken. In reality there are some hints that something is happening: CNBC reports the following a little […]

The Media Reaction to Silicon Valley Bank is a Sight to Behold

The headlines from the “financial” media were screaming loud and hot yesterday creating the type of panic and hyperbole unseen since the latter days of […]

It’s Going to be One of “Those” Sundays

After an initial scan of the news and seeing how Middle East markets are pretty much crapping the bed except for gold, I broke out […]

Does 2008 Provide Hopium After the Silicon Valley Bank Debacle?

I’ll just leave this here Saturday night for everyone to think about. Because the markets, economy, and reality has changed dramatically and even the insanity […]

A Great Point and Warning from One of My Favorite Banking Analysts (Video)

This is the first time I’ve listened to one of Jack Farley’s interviews and commentaries, so my readers will get a chance to hear this […]

FDIC Fridays are Back Baby: Silicon Valley Bank Seized by the FDIC for Liquidation

Ah, the classics and good old days always come back. Yeah, I think we can call this a “deathburger” event like we used to in […]

Can You Smell the Panic: Treasuries Rally in Flight to Safety, Bitcoin Collapses

Silvergate goes Tango Uniform last night. Silicon Valley Bank is hanging on by its fingernails. Jay Powell claims he’s just doing his job. Maybe somebody […]

Silvergate Bank Goes Tango Uniform

There are times when you can say “see I told you so” and there are times you can say “by God you people are effing […]

India’s Minister of Energy Explains Economic Reality to Dumbounded CNN-International Host (Video)

The 8 plus minutes of your time will be viewed as deserts for the elitist stance of the West vis-a-vis the Russian sanctions and affordable […]

A Very Interesting and Dangerous Week Ahead

This could be one of the most interesting and dangerous weeks in world history. A crazy or bold statement, perhaps, but the average American is […]