Deutsche Bank Now Under Fire

Deutsche Bank Now Under Fire

So neither the market nor the Fed has really panicked yet. But they both will,...

US Manufacturing & Services PMIs Come In Hot As Inflation Re-Surges

Of course, all this ‘good’ news hit before the current ‘credit-tightening’ crisis occurred....

Yellen Convenes Emergency Financial Stability Meeting On Friday As Banking Crisis Explodes

Bloomberg just reported that Treasury Secretary Janet Yellen – who was singlehandedly responsible for stoking...

Recession Indicators Says The Fed Broke Something: Lance Roberts

Recession indicators a ringing loudly as the Fed maintains a “hawkish” bias despite the markets...

U.S. Banks Are Sitting on $1.7 Trillion in Unrealized Losses, Research Says

“As long as people aren’t all coming in at the same time and demanding that...

US Durable Goods Orders Unexpectedly Drop In Feb; Weakest YoY In 2 Years

After tumbling in January (thanks to no big Boeing plan order that juiced December’s data),...

BofA Says Investor Rush to Cash Is Fastest Since Covid Hit

Investors are fleeing to cash in the biggest rush since the onset of the pandemic...

Real Estate Billionaire Sam Zell Warns That Hot Inflation Isn’t Going Away Anytime Soon

“When you spread out free money for years at a time, you create significant drag,...

Elon Musk Says Jerome Powell Is So Bad at His Job That GPT-4 Would Be a Better Fed Chair

Elon Musk disagreed with the Fed describing the banking system as “sound and resilient,” tweeting,...

Gundlach Joins Powell-Is-Wrong Chorus Predicting Rate Cuts

Markets are signaling the Federal Reserve is wrong when it talks about the prospect for...

Summers, Tarullo Slam Stress-Test Failures, Urge Deposit Clarity

Two top former US economic policymakers sharply criticized the Federal Reserve’s 2022 stress tests of...

Wall Street’s ‘Dr. Doom’ Sees ‘Bermuda Triangle’ of Risks for Economy & Warns of a 2008-Like Crisis

“We avoided the debt crisis a couple of times…but now the game is over,” economist...

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