$29 billion deposited to commercial banks in the last week (May 10th-17th). $1,006 billion in deposits has been pulled since the all time hit 4/13/22. Since the run picked up momentum 2/22/2023, $538 billion in deposits have been pulled. A transitory break before accelerating again?

by Dismal-Jellyfish https://www.federalreserve.gov/releases/h8/20230526/ https://fred.stlouisfed.org/series/DPSACBW027SBOG A little over a year ago (4/13/2022) the high was hit at $18,158.3536 billion Date Deposits, All Commercial Banks (billions) Down from all time high (billions) 4/13/2022 $18,158 0 2/22/2023 (Run picks up speed) $17,690 -$468 …

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It’s 2000 all over again…

Mega Cap current PE ratios:$AAPL 30x PE$MSFT 34x PE$AMZN 277x PE$GOOG 27x PE$META 30x PE$NVDA 180x PE$TSLA 53x PE$NFLX 39x PE It’s 2000 all over again. — Endless Capit🅰️l (@endless_frank) May 21, 2023 Mega-cap tech ( $AAPL $MSFT $AMZN $GOOGL …

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Would you ever buy an HP printer again?

@HP @HPSupport You all should undo this restriction immediately with a new firmware release. It's just ruining people's impression of your products. Nothing good comes of that for a brand. — Markets & Mayhem (@Mayhem4Markets) May 15, 2023

Patrick Bet-David: ‘Gun sales are about to skyrocket again. If the government won’t do its job to protect the border, families will have to do it themselves. It’s a very natural reaction.’

Gun sales are about to skyrocket again. If the government won’t do its job to protect the border, families will have to do it themselves. It’s a very natural reaction. Very disturbed & frustrated with the 3 mass murders that …

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BE AFRAID…..WHO is going nuts again

You can not make THIS shit up. WHO is at it again. Be scared, very scared. One side of the conflict. as war-torn Sudan has taken control of a polio lab, AFP reports. https://www.aftonbladet.se/nyheter/a/Rr77qd/aftonbladet-direkt?pinnedEntry=1106862     h/t Limpan    

Hail Zorp! The Fed Waited Too Long (Again) To Fight Inflation, Now Banks and Consumers Are Getting Hammered (Mortgage-backed Securities Got Clobbered Once Fed Started Raising Rates)

by confoundedinterest17 Former Fed Chair (and current Treasury Secretary) Janet Yellen protected President Obama by raising The Fed’s target rate only once while Obama was in office. Then raised rates 8 times after Donald Trump was elected in November 2016. …

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Earnings estimates are back near record levels again. This wave of excitement seems quite excessive and completely unwarranted. Citigroup analysts are already donwgrading earnings estimates, so they can beat them.

Earnings estimates are back near record levels again. This wave of excitement seems quite excessive and completely unwarranted. After reaching over 90% of yield curve inversions in the US Treasury market, the risk of a full-blown economic recession remains significant for… pic.twitter.com/jML58pdg6B …

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That didn’t age well AGAIN….

That didn't age well AGAIN.😁#InverseCramer pic.twitter.com/C6gOV03QUw — Ken (@QuarkEntangled) March 15, 2023 25bps rate hike and it will buff right out *BANKS THAT ARE CREDIT SUISSE TRADE COUNTERPARTIES ACQUIRE CDS pic.twitter.com/tUvBZLaOgh — zerohedge (@zerohedge) March 15, 2023

Things could get wild … Again

  The Federal Home Loans Banks sold 90B in bonds and treasuries to raise liquidity for commercial banks.  Banks flooded the Federal Home Loan Bank System with requests for up to $90 billion in billions in low-cost funding to shore …

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Is It 2008 All Over Again?

By Graham Summers, MBA A major bank just went under… contagion is dragging down other similar firms… the Fed is introducing emergency measures to bailout the system. Is it 2008 all over again? Yes and no. “Yes” in the sense …

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