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…
Posts tagged as “FEDERAL RESERVE”
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…
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…
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…
Today will be a historic event for those of us who are both historians and economic geeks. The Federal Reserve Open Market Committee reveals the…
The lack of awareness by the leading Western central banks is nothing more than breathtaking. As they forced the bailout of Credit Suisse in Europe…
Now you can panic. Just about 3 hours ago, I reported on the letter from the mid-sized banks to the FDCI basically asking for a…
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…
All is well, remain calm.
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…
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…
Ummm, yeah, “it’s contained” or whatever. From the St. Louis Fed Economic Data, month over month percentage change in CPI-U not seasonally adjusted: So much…
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…