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For people who think the banks are fine…

May 31, 2023 10:58 amMarch 17, 2023 2:56 pm by Alex

 

Fed Loaned $160 Billion to Banks and $142 billion to FDIC. But QT-Related Roll-off Continued

At around 4.75%, plus collateral, these are expensive loans for banks.

See also  U.S. Ohio-class submarine entered Gibraltar last night. It surfaced, in public. Royal Marines on the Rock. Most people think this is Tomahawk pressure on Iran. It isn't. USS Alaska is a ballistic missile submarine. Nuclear Trident missiles, not cruise m

The Fed’s Discount Window Soared to Its Highest Level Since the Previous Financial Crisis of 2008

Fed Dead Redemption! Flight To Safety As US Treasury 10-Year Yield Drops -16 Basis Points And Fed Discount Window Soars (Wrong Way Yellen Strikes Again!)

European regulators criticise US ‘incompetence’ over Silicon Valley Bank collapse. 

h/t 5k4_5k4

See also  This country’s going to melt down soon. Food and gas prices are pushing people over the edge. TikTok’s full of gas stations running dry. Hard to see how Trump gets out of this without looking really bad.
Tags are, banks, featured, fine…, for, people, posts, the, think, who
Why printer is back on… 2023 is worse than 2008 in terms of deposits held by failed banks.
Fed pivoting their balance sheet strategy while inflation is still 6% year-over-year

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