“Biden, Powell and Yellen have said virtually everything they can say about the FDIC’s backing
Category: weeks news
Failing Banks, Persistent Inflation Promise Fun-Filled Week
Markets will get an updated look at the Fed’s preferred inflation gauge this week. Spoiler
We’re Scaring Ourselves Into Bank Runs Now
On Friday morning, while documenting what was shaping up to be a rough session for
It’s Not A Wage-Price Spiral. It’s ‘Greedflation’!
Price gouging! That’s the culprit for high inflation. I like it as a thesis. I
Xi, Putin Revel In Pageantry As Show Of Defiance
Upon arriving in Russia Monday, Xi Jinping was greeted on the runway by a military
The Swiss Killed The CoCos
“Put on your big boy pants.” That was Jeff Gundlach’s advice to disgruntled “gunslingers” who
Book Closes On Credit Suisse After 167 Years
Going once, going twice, sold! For a princely CHF0.76. Credit Suisse was forced into the
Behind The Scenes Of An American Bank Panic
In “Signs Of The Financial Apocalypse”+ (and yes, the title was mostly tongue-in-cheek) I talked briefly
‘Death Zones’ And The Trillion-Dollar Liquidity Narrative
In his latest note, currently making the proverbial rounds, Morgan Stanley’s Mike Wilson channeled Jon
2023’s ‘Most Mispriced Tail Risk’
It’s unlikely that anything Jerome Powell has to say on Wednesday, following the conclusion of
