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 […]
Tag: FDIC
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 […]