IWB Pope Francis, 86, hinted that priests may not have to be celibate in the future It comes after growing calls to drop rule that was introduced in the 11th century The Catholic Church is open to reviewing its thousand-year-old practice …
Jeffrey Gundlach: Imminent recession UST yield curve now aggressively steepening after sustained inversion is highly suggestive of imminent recession. — Jeffrey Gundlach (@TruthGundlach) March 13, 2023 The Banking System is Safe and Effective.
There’s something very ugly happening right now: VCs & startup execs who stand to lose their deposits at SVB are going *out of their way* to push a narrative that there’ll be a bank run on Monday if SVB depositors …
h/t Number1GoatFan
by Infamous_Sympathy_91 Banks don’t want to lend to each other because they’re scared too.
by sped_izzo Federal Reserve Board announces it will make available additional funding to eligible depository institutions Goldman Sachs no longer expects the Fed to hike rates in March, cites stress on banking system With the fed now trying to prevent …
by quiethandle EDIT: The Fed will charge the 1 year overnight index swap rate plus 10 basis points for these loans. Sounds like right now that works out to roughly 5%, so this might be a high enough interest rate to …
So BoA is throwing Schwab under the bus? Starting to eat their own. h/t Araphoren
View post on imgur.com View post on imgur.com View post on imgur.com View post on imgur.com View post on imgur.com View post on imgur.com https://finance.yahoo.com/quote/WAL/ https://finance.yahoo.com/quote/PACW h/t dr0id
Let’s review the Federal Reserve Bank’s many roles, & how each of them enabled the SVB failure/malfeasance: (1) Santa Claus.By keeping interest rates artificially low, FED stimulated the economy, & nudged those with capital into the VC space creating demand …
JUST IN – IMF warned G-20 that widespread #Bitcoin and crypto use could cause banks to "lose deposits" — Bitcoin Magazine (@BitcoinMagazine) March 13, 2023 They will blame crypto for the collapse and try to ban exchanging it for USD. …
by TrendingMemes Anyone not considering this a bailout is purely uneducated. The bailout requires the govt to print money NOW to make these depositors whole. As opposed to printing money in 10 years. It’s a bailout at the cost of …
There we go:Biden Says He Will Seek Stronger Regulations for Banks https://t.co/iRcsawfB3N — jeroen blokland (@jsblokland) March 13, 2023 😂🤣 Nails it. pic.twitter.com/M4zfwc6izo — PiQ (@PiQSuite) March 13, 2023 Wow … the Fed and the US Treasury just became the …
by laflammaster The two-year Treasury yield is on track for its biggest three-day decline since **October 1987**– according to Dow Jones Market Data pic.twitter.com/ST2VmbOp5K — Gunjan Banerji (@GunjanJS) March 13, 2023 The Fed pivot is back https://t.co/XFPXNhZL9E — Gunjan Banerji …
JUST IN – Trading halted for multiple U.S. bank stocks at market open. — Disclose.tv (@disclosetv) March 13, 2023 BREAKING – Trading at multiple banks halted after opening bell — Insider Paper (@TheInsiderPaper) March 13, 2023 https://twitter.com/_/status/1635278059485143041 UPDATES 🚨 First …
CS – 15% Commerzbank – 11% and so on this crisis is just starting https://www.bloomberg.com/quote/CSGN:SW AC
Starts at 15:40…. First Republic Bank down 66%Western Alliance Bancorp down 75%PacWest Bancorp down 46%Zions Bancorp down 44%Bank of Hawaii down 42%Customers Bancorp down 54%East West Bancorp down 32%Comerica down 39% — Steve Lookner (@lookner) March 13, 2023 https://twitter.com/burningplat/status/1635270385934688264 Biden: …
Figures, US taxpayers bailing out a bunch of rich progressive coastal elites. — David Naber (@DavidNaber16) March 13, 2023 Morgan Stanley, $MS, says sell any bounce on this government intervention, next leg of bear market's begun, per CNBC. — unusual_whales …
BREAKING: First Republic Bank shares drop by record 67% at the open before trading halted https://t.co/iB5QEbeIcX pic.twitter.com/GshnUFoIUy — Bloomberg Markets (@markets) March 13, 2023 NYSE HALT FIRST REPUBLIC FOR ADDITIONAL INFORMATION, LAST AT $28.56. — FinancialJuice (@financialjuice) March 13, 2023 …
Source: https://twitter.com/RepThomasMassie/status/1635074378454147074?s=20 And what was the response? 🤔 — Safing Sector (@Gplavallee72) March 13, 2023 “We will get back to you on that.” — Thomas Massie (@RepThomasMassie) March 13, 2023 h/t dr0id
by BoatSurfer600
by Michael Did you think that the Federal Reserve was just going to stand by and watch the U.S. banking system completely collapse? In response to the stunning failures of Silicon Valley Bank and Signature Bank, the Federal Reserve announced a …
by Michael What in the world just happened? On Friday, Silicon Valley Bank collapsed and was taken over by regulators, and then on Sunday regulators swooped in and shut down New York’s Signature Bank. In a desperate attempt to prop up …
https://twitter.com/_/status/1635052767646740481
