Sen. Kennedy eviscerated Fed for failure to act. Said Fed had authority to run stress tests based upon impact of rising interest rates. Failed to do so. Called it economics 101 of risk management. Sen. Rick Scott joined with Sen. Elizabeth Warren ...

Only seven posts down durable goods decline 1%. Must be fastest recovery in history.

Anyone holding assets knows they are going to be bushwhacked by some Lie. So there is always some discounting of what they are told is truth. Problem is when powers that be resort to lies all the time to cover for the lack of integrity and ...

With Xi and Putin stating a next world order is coming, Powell is not going to be able to go back to a weak currency fixes all things.

Powell continues with his line that banks are tightening lending. FOMC still raised .25 so in effect they think they delivered 50. Fed not so dovish as markets are taking this. EURO/USD was up at decent resistance 1.09, which held.

Fed is not going to confirm a bank crisis is underway by doing nothing. They will signal that things are under control. Still have much work to do on inflation. Even though monetary policy can not address supply constraints which have come from poor ...

Only thing that will matter is if people go along with the B.S. Many will most likely take these bailouts as opportunity to get out. Collapse in confidence may not manifest in only bank runs, but collapse in confidence is quite real. Simple enough ...

Censors are busy Bees again. Have been extensively censored before for challenge of the narrative in Russia collusion Hoax. Which turned out exactly as I had said a complete fabricated Lie.

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[quote=lucaswalliam;14364289]The depositor took the money out of First Republic Bank, then deposited it with JPMorgan, Morgan Stanley, and finally this money was deposited back into First Republic Bank. So, in the end, it's the average person who ...

Too big to fail are backed by Fed. So when too big to fail back a not too big to fail, this is an off balance sheet bailout by the Fed. Why else would all the Gov powers involved make a statement about what too big to fail banks are doing. Providing ...

Keep giving up your freedom for that gilded cage and safe place. Carry your man bag and be happy. Put all your trust into some self proclaimed elite, yes that's the one in a news article you read. Deny your own personal growth and remain a child for ...

There is no way to know how many cockroach are embedded in financial assets. Gov goes all in on another bailout, end consequence is higher inflation if not runaway inflation. People will turn to things they can hold which is land and food. That ...

Well article's 1/2 truth is a start. USA was on Gold standard at time of inception of FDIC so there was no Central Bank created elastic Fiat currency at that time. Banks were integral part of economy. The problem in today's world is that CB's now ...

It certainly has not cooled. Fed not going to have any room to lower rates, which means any stress's that manifest in Banking system can not be bailed out with lower rates. Fed backstop from zero interest policy no longer possible. Banks will ...

Investors faced with Bank portfolios marked to par rather then marked to market. Based upon a governmental backstop. Be strange if they are willing to take that heat knowing it is their investment which will cover any equity shortfalls. Fed Reserve ...

Oh really. How about that elusive investor confidence. Just had an investor panic shortly after J. Powell was set on another 50 basis. He got all sorts of compliments in last week congressional testimony as to what a great guy he is and doing such a ...

Not quite ended yet. Uncle Joe still has some years left to work his magic. Bet you feel better now.

Oh, and to those folk who place their full trust and financial future in hands of such able leadership, perhaps those who keep preparing for a breakdown of this economic order, are not believing in so called conspiracy theories. Might there be some ...