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 […]
Tag: SENILE JOE
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 […]
Oops, Something Else Broke
So steepening the yield curve probably isn’t such a hot idea even if it’s only 12 bps thus far: And the US Treasuries are watching […]
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 […]
Does 2008 Provide Hopium After the Silicon Valley Bank Debacle?
I’ll just leave this here Saturday night for everyone to think about. Because the markets, economy, and reality has changed dramatically and even the insanity […]
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 […]
FDIC Fridays are Back Baby: Silicon Valley Bank Seized by the FDIC for Liquidation
Ah, the classics and good old days always come back. Yeah, I think we can call this a “deathburger” event like we used to in […]
Can You Smell the Panic: Treasuries Rally in Flight to Safety, Bitcoin Collapses
Silvergate goes Tango Uniform last night. Silicon Valley Bank is hanging on by its fingernails. Jay Powell claims he’s just doing his job. Maybe somebody […]
The US Will Lose the Next Major Global War
The headlines recently along with social media postings, say it all. Let’s start with today’s insanity: Whatever that is should sign up to go help […]
Russian Citizens Begin Evacuating the Republic of Georgia
It what appears to be another Nuland revolution, a simple law proposed by the lawfully elected legislature and executive branch has suddenly “triggered” the usual […]
Putin: Here We….Go!
Is this the prelude to a massive change on the world stage? 2/2 In the office of the President of Ukraine, a large-scale offensive by […]