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 […]
Tag: FEDERAL RESERVE
FOMC Today: The Four Horseman of the Bondpocalypse Ride
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 […]
Gold Soars Above $2000, Equities Down as Banking Panic Continues
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 […]
The Banking Crisis is A LOT Worse than Reported Earlier
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 […]
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 […]
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 […]
One Chart to Sum Up the Real CPI Month over Month
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 […]
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 […]
One Chart to Kill the Bull Market Hopium
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 […]
A Simple M2 Chart to Think About Tonight
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 […]
The Santa Claus Rally is NOT Guaranteed
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 […]