As the Fed raise interest rates at the fastest pace in history. Then they wonder why it all broke. Can anyone say credit crunch?

As they raise interest rates at the fastest pace in history.

Then they wonder why it all broke.

— The Kobeissi Letter (@KobeissiLetter) May 8, 2023

Can anyone say credit crunch? 😂 pic.twitter.com/IjHT1zVSEo

— Nikolay Kolarov, CFA (@libertniko) May 8, 2023

Investors are warning of growing issues in the $5.6 trillion US commercial property market. “The private market hasn’t started to heavily mark down real estate:” Apollo co-head Kleinman. “The equity will be first. That’s the next shoe to drop in the US." https://t.co/YrwW4UIk3X

— Lisa Abramowicz (@lisaabramowicz1) May 9, 2023

Banks are offering 0.1% returns.

Money Market accounts are at 4%.

This isn't really complicated why banks are losing deposits. They need to raise their rates on what they pay depositors. FDIC limits are only part of the issue. pic.twitter.com/rHnVi9pFuX

— Wall Street Mav (@WallStreetMav) May 8, 2023

# of banks by country.

Surely the US bank crisis is over pic.twitter.com/nxkG7SIBML

— zerohedge (@zerohedge) May 8, 2023

Investors will likely seek shelter in gold to hedge against a “catastrophic scenario,” JPMorgan, $JPM, has said.

— unusual_whales (@unusual_whales) May 8, 2023