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…
Posts tagged as “FEDERAL RESERVE”
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…
Gang, I’ve heard some seriously absurd points early on this year. For example: I’m old enough to remember when old Ed offered realistic appraisals of…
The Fed isn’t only trapped, it’s screwed. The US legislative branch, nor the Treasury will fulfill their duties to constrain monetary growth thus the onus…
There are so many clowns on “financial news” television talking up the “Santa Rally” it almost as if they forget what is happening with interest…
And yes like the days of olden, the elder Chairman of the Fed shall climb to the mountain top and there he shall find and…
The hints that a political bail out were dropped for almost a week. The Fed Speakers were are analyzed to see if they dropped any…
**** 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 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…
I know, I know, I heard what the Senile Old guy said yesterday: Biden says on hot mic: "No one fucks with a Biden…" pic.twitter.com/Oo814Z8JY1…
After all, who the hell are they going to find to launder all the crap securities on their books? Stay tuned, OPEC+ is about to…