Precious metals expert David Morgan expects half of the regional banks in the U.S. are going to collapse this year. He made this prediction during an appearance on the “Health Ranger Report,” telling the Health Ranger Mike Adams that there are between …
via WSJ: Shares of PacWest Bancorp PACW -22.70%decrease; red down pointing triangle fell 23% Thursday, dragging down other midsize banks, after PacWest disclosed another round of deposit flight. The bank said in a securities filing that it lost 9.5% of …
This is always the same pattern. Hard crash down, then they recover a little bit and then they crash a 2nd time until they are bankrupt. h/t Captain___19
by BoatSurfer600 https://www.americaneconomydaily.com/p/manuald-04-28-to-05-04?utm_medium=email
PacWest falls 40% after hours on report bank is weighing sale https://www.cnbc.com/2023/05/03/pacwest-falls-40percent-after-hours-on-report-bank-is-weighing-sale.html Western Alliance – after hours $21.40 -7.86 -26.58% https://www.marketwatch.com/investing/stock/wal?mod=search_symbol PacWest, $PACW, is now worth just $400 million and is officially a penny stock. The bank was worth nearly …
By Graham Summers, MBA Thus far in 2023, there have been three major bank failures. And I do mean MAJOR: all told the three banks had $532 billion in assets. That amount is actually greater in size that the combined assets …
by dkrett There has been no particular catalyst for the tumble in the regional banks Tuesday (KRE ETF currently down 8%), with losses accumulating gradually from the open, but mainly after JOLTS job openings data entered the rear view. The …
We've had one, yes, but what about second bank failure? Is PacWest Bancorp the next regional bank to watch implode? We are waiting for the Jim Cramer endorsement to confirm. 🤨 pic.twitter.com/sOga170Om9 — Wall Street Mav (@WallStreetMav) May 2, 2023 …
https://t.co/j1eJJ5YCLG — Win Smart, CFA (@WinfieldSmart) May 1, 2023 DIMON: WE SUPPORT COMMUNITY BANKS, BANKS WILL CONSOLIDATE Translation: we will wait for the bank run (thanks Fed for the hike to 5.25%) to cripple them all, then buy them all …
by Martin Armstrong People often ask if their money is safe in a regional bank. Yes—if you keep it under $250,000 to guarantee the FDIC insures those funds. Some clueless minds brainwashed into fighting the class warfare thought, “Oh well!” …
by forjeeves wow the amount of power that moody and the likes have…just when you think banks make money they just downgrade all of them, the banking crisis is either not over, or they’re basically making it a self-fulfilling prophecy …
Relevant article: https://www.cnbc.com/amp/2023/04/14/jamie-dimon-warning-on-rates-it-will-undress-problems-in-the-economy.html h/t Wega58
More banks are having liquidity issues … View post on imgur.com The bank said in a press release Wednesday that it had $27.1 billion in deposits as of March 20, which is down from $33.9 billion at the end of …
by: Arsenio Toledo (Natural News) As the federal government scrambles and spends as much American taxpayer dollars as it can to bail out big banks like Silicon Valley Bank and Signature Bank, small and regional banks that have been negatively …
via newrightnetwork: Fox News host Tucker Carlson questioned what the federal government would get in return for “backstopping” failed banks like Silicon Valley Bank Monday. “What we know is the Biden administration is backstopping these deposits, okay. But that’s not …
Investors are dumping regional-bank stocks despite a fresh federal backstop The unexpected demise of Signature Bank over the weekend, along with the failure of Silicon Valley Bank on Friday, ignited a shoot-first-ask-questions-later reaction among regional-bank investors as customers moved deposits …
The US government declared a regional emergency Sunday as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected. The Colonial Pipeline Company ships gasoline and jet fuel …
by DCG Oregon demorats continue to provide illegal alien criminals with protection via their sanctuary state law. See the following examples: Sanctuary Oregon: ICE put hold months ago on illegal alien now accused of killing his wife Sanctuary Oregon: Young couple killed …
by Chris Kimble Large and Regional banks have struggled this year, as both indices have declined nearly 15% in 2018. These declines have taken place as interest rates have been moving higher, which historically is positive for banks. The declines …
Amazon’s bid includes the New York-based YES Network, which is partly owned by Yankee Global Enterprises. Apollo Global Management, KKR, Blackstone, Sinclair Broadcast and Tegna are also making first-round bids for the regional networks, sources tell CNBC. Fox, which was …
via Bespoke The S&P Regional Banks have gotten battered once again today, down 3.01%. But that is purely a continuation of what has been a rough Fall. The index has fallen 16.58% from its high back in early June and …
Yeah that wouldn’t be great: https://tinyurl.com/y7pguaxj