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…
Posts tagged as “FDIC”
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…