06.27.25 Bank Failure Friday Returns: The Santa Anna National Bank, Santa Anna, Texas

Bank failure Friday returns and here we go with one out of left field from Texas. Which has yours truly wondering if this is related […]

01.17.25 Bank Failure Friday Begins: Pulaski Savings Bank, Chicago, IL

Just after I get caught up on my credit union scan, BOOM, the remnants of the Bidenista FDIC fail a Chicago area bank. Let’s see […]

Treasuries Bust a MOVE

In the midst of the false equity market euphoria around 10:30 a.m. Eastern time on Friday, the realization that the smart money, aka, the bond […]

10.18.24 Bank Failure Friday Returns: First National Bank of Lindsay, Lindsay, OK

No sooner than my guest on @MacroEdge Radio, Melody Wright, finishes our discussion about distressed financial institutions and bank failures, here we go again. From […]

04.26 Bank Failure Friday Returns: Republic Bank Philadelphia, PA

The small and regional banks are in deep dire trouble and the Federal Reserve’s policies are not going to help as commercial real estate and […]

It’s a Bubble, Part 19: Insanity Remains Undefeated

After all, have any of my readers tried arguing with an insane person to a logical conclusion? The post-pandemic free money let’s print and invest […]

JohnGaltFLA’s 2024 Drunken Predictions: A Pole Shift

Yes ladies and gents, and those undecideds who reside in weirdo states and nations who really have no clue about biology and reality, it is […]

Bank Failure Friday Returns (again): Citizens Bank of Iowa

And here we go gang… The FDIC Fridays are back after a Federal Reserve artificial pause so the party might get going every Friday night […]

07.28.23 FDIC Bank Failure Friday Rides Again: Heartland Tri-State Bank Elkhart Kansas Seized by FDIC

Just when everyone thought it was safe to jump back into the regional bank waters, here we go again, although a much smaller fish in […]

4/28 Bank Failure Friday Rides Again: First Republic Bank of California, Come on Down (5/1-Updates)-Acquired by JP Morgan Chase

5/1/23 UPDATE 0426 ET: The financial world was saved from rampant speculation overnight as the rumors began to swirl around midnight on the savior of […]

03.24.23 Stock Market Preview: Cue the Piano Music

Europe is getting smoked this morning. Yesterday was a disastrous intraday reversal on meh volume. And the charts below indicate that Petula Clark will be […]

The Banking Crisis is Worse than Reported

There has been a lot of speculation as to why the second and third largest bank failures in US history occurred in the last ten […]

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 […]

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 […]