Jay Powell’s Fed hasn’t yet realized the full gravity of what’s coming… There are clear risks of devastating market crashes, domino bank failures, a highly destabilizing Credit contraction May 31, 2023 10:59 amApril 3, 2023 12:25 am
If the bank can’t pay out a competitive interest rate (since they have money locked up in investments that pay a lower interest rate), people are naturally going to withdraw their money over time for higher-rate investments. May 31, 2023 10:59 amApril 1, 2023 6:37 pm
Fed pivoting their balance sheet strategy while inflation is still 6% year-over-year May 31, 2023 10:59 amMarch 17, 2023 3:03 pm
FDIC Reportedly On Scene At First Republic Bank Headquarters! May 31, 2023 10:58 amMarch 12, 2023 1:19 pm
Pacwest Bank is worse than First Republic. Contagion spreading. May 31, 2023 10:58 amMarch 12, 2023 1:09 pm
Silicon Valley Bank has failed. It’s the second largest bank failure in US history. Roughly 95% of Silicon Valley Bank’s deposits were FIDC uninsured. May 31, 2023 10:58 amMarch 10, 2023 11:36 pm
Bank Equities Drop… Big 4 Banks Unrealized Losses as of Q4 2022 (Bank of America at $116 bil) May 31, 2023 10:58 amMarch 10, 2023 3:40 pm