Real Investment Advice, Released on 3/29/23 An old saying cautions one to be careful of what one wishes for. Stock investors wishing for the Federal Reserve to pivot may want to rethink their logic and review the charts. Continue…
CNBC, Released on 3/24/23 Federal Reserve data showed that bank customers collectively pulled $98.4 billion from accounts for the week ended March 15, as Silicon Valley Bank and Signature Bank failed. Continue…
Greg Price – Twitter, Released on 3/24/23 Biden on the banking crisis: "I think we've done a pretty damn good job… The banks are in pretty good shape… I don't see anything on the horizon that's about to explode." pic.twitter.com/htESm0AVDw — Greg Price (@greg_price11) March 24, 2023
Lawrence Lepard – Twitter, Released on 3/24/23 Whoa, had heard this rumor. Schwab going down would be Lehmanesque. @FossGregfoss @PrestonPysh https://t.co/3yHxGVKtjT — Lawrence Lepard, "fix the money, fix the world" (@LawrenceLepard) March 24, 2023
Zero Hedge, Released on 3/23/23 The much awaited release of the Fed’s latest weekly balance sheet update was released at exactly 4:30pm, and not surprisingly, it showed that in the past week the bank bailout continued if at a less torrid pace. Continue…
Daily Caller, Released on 3/21/23 “Similar actions could be warranted if smaller institutions suffer deposit runs that pose the risk of contagion,” she said. “Treasury is committed to ensuring the ongoing health and competitiveness of our vibrant community and regional banking institutions,” Continue…
Fox Business, Released on 3/21/23 A large number of office defaults could force banks to mark down value of these and other loans. “We are in a very precarious Continue…
CNBC, Released on 3/20/23 A New York federal judge on Monday ruled that the U.S. Virgin Islands and women who accuse the late investor Jeffrey Epstein of sexual Continue…