First Republic Bank – May not survive by this Friday. Powell keep on increasing rates.
by u/No_Flatworm8955 in wallstreetbets
BANKruptcy Bingo card updated … pic.twitter.com/UMTvg5dBv4
— Wall Street Silver (@WallStreetSilv) March 20, 2023
ANOTHER ONE THIS WAS LIKE 15 SECONDS $FRC pic.twitter.com/rCFoIljX2a
— GURGAVIN (@gurgavin) March 20, 2023
- Banks are in a dangerous spot and a recession is foretold, according to Nouriel Roubini.
- The Fed is torn between cutting rates to ease volatility and raising rates to fight inflation, he said.
- “It’s too late to find a solution that prevents a hard landing and prevents severe financial stresses.”
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