The news for the Cryptogeek community is noting but good news as Bitcoin surged last night above 30,300 and as of 4:30 a.m. this morning […]
Tag: FED
The Fed’s CPI Problem
On Wednesday, April 12th, the BLS will release the latest data set for the Consumer Price Index (CPI-U) which consensus seems to think will be […]
Real Inflation as Reported via PCE was Far Worse than Reported
Another week passes, another rally in make believe land, and another inflation report being pumped by the Bubblevision mafia as “better than expected” as per […]
The CPI Reading for Inflation Should Come in Hot Today
I am standing by most of my December 31, 2022 prediction where I stated the following: -The Federal Reserve conducts a shocking 0.50% rate increase […]
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 […]
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 […]
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 […]
Happy Fed Day – Predictions, Flops, Drops, and Slop
Welcome to B.O.H.I.C.A day ladies and gents. I have not been offering commentary on the markets because the lack of logic in posting commentary on […]
The Bond Market Crash has Started
**** 10.20.22 16:10 ET UPDATE **** The bond market continued to sell off, down to 4.228% as of this update. The sell off is intensifying […]
The Inflation Disaster Gets Worse and Will Persist into 2023
The media has been playing a theme to protect “their boy” in charge plus “their team” in Washington, D.C. but reality has a nasty habit […]
The Smart Money Did Not Believe Jay Powell
On Friday, Fed Chair Jay Powell gave a speech about inflation which sparked an equity market sell off but a yawn from the smart money. […]