Investors have dumped banking stocks globally over the past two weeks, with rapid interest rate hikes to rein in inflation blamed by some as the root cause of the debacle. U.S. bank stocks slid again on Thursday, pushing the S&P 500 banks indexU.S. lender Silicon Valley Bank's collapse over bond-related losses tied to a surge in interest rates was the initial trigger for the turmoil, and JPMorgan Chase & Co analysts estimate the "most vulnerable" U.S.
"The strong actions we have taken ensure that Americans’ deposits are safe. Certainly, we would be prepared to take additional actions if warranted."In Europe, the Bank of England became the latest central bank to hike rates this week.
Too. Fuckin. Old. Retire PLEASE
She means the Fed will just print a few more trillion
Gaslighting
Safe..depends if systemic or not..safe..not safe…they keep waffling. We know congress has to increase the fdic limit. Just increase to 500k and come out w/ very consistent and strong messaging that all regional and community deposits are backstopped for the rest of the yr
So the banks are about to all melt
Thats what happens when democrats confuse old people home for the white house. We get a geriatric government with special needs taking the country with them to the afterlife.
Why the Fed Shouldn't Have Raised Rates
The Fossil
Why this constant flip flopping? 1 day No next day Yes!
I don't want Ma Baker to have a heart attack but I'm beginning to think she only sees half of the situation, if that.
Ah. OK. I feel safe now. We all do. LOL.
She'll say the complete opposite tomorrow. Every day is new day to make a contradictory statement for Janet.
100% safe ?
Who believes this broad 😂 😂 😂 😂 stackgold&silver cryptos hedgeagainst