
Joe Biden Steps Up to Microphone to Calm Nation Over Banking Crisis, Mumbles Through Speech-
• https://www.thegatewaypundit.com By Jim Hoft- –Western Alliance Bank Drops Lower During His Reassuring Talk
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- –Western Alliance Bank Drops Lower During His Reassuring Talk
What in the world just happened?
Well, of course you can. What an absurd question. Most of us in the Western world have never in our lifetimes had a problem getting enough to eat or, for that matter, paying for it.
The Wall Street Journal recently brought word that a professor Efraim Benmelech of the finance department at Northwestern University thinks the Fed is hurting housing and the consumer too much. Opined he,
Last week, Silicon Valley Bank was shuttered by federal authorities after the bank suffered significant losses selling bonds in order to raise capital.
When banks disappear… and your money with it. In 2020 they took your jobs, your businesses, your freedom of speech and freedom of movement. Now they're coming for your social security, your pension, your house.
The next Bull Market will start when everyone has given up on the stock market as the means to "get rich quick" or even "get rich slowly."
From Aug. 7, 1789 when it was created, to September 18, 1947, the American people knew that their government had a Department of War, and that it had an Army and a Navy for that purpose...
After Silicon Valley Bank had its deposits seized by the FDIC, on a Friday, as predicted, there's a sense of unease across the country.
The worst part is SVB has nearly $200 billion in deposits with 97% of those deposits above the $250,000 #FDIC limit
Prices for the most popular pre-owned Rolex, Patek Philippe and Audemars Piguet watches will fall further as the market has been flooded with supply, analysts at Morgan Stanley said in a report.
Apparently, Silicon Valley Bank had lost so much value so quickly that none of the suitors who turned up at its headquarters yesterday could agree on terms of a deal.
Update...Silicon Valley Bank HAS collapsed...FDIC has taken it over
Update...Silicon Valley Bank HAS collapsed...FDIC has taken it over
In September 2021, Silvergate Bank, specializing in digital currency, was performing well. In fact, the bank reported record-breaking growth in deposits and loans in 2020, thanks in part to increased demand for its services from clients in the crypto
Biden's Blatant Disregard For American Lives Showcased In His $6.8 Trillion 'America Last' Budget Proposal Where The Deaths Of Americans Means Less Than The LGBT Agenda
Let's take a look at the relationship between single family housing construction, employment, and GDP.
Amid the mounting speculation of a soft landing and even talk of a "no landing" (read: here and here), we've pointed out multiple strategists who don't share that sense of optimism but rather one that is typical of an end-cycle environment (read: her
President Joe Biden on Tuesday proposed raising taxes on Americans earning over $400,000 per year, and granting the government new power to negotiate prescription drug prices as part of an attempt to keep Medicare afloat for the next two decades.
A Tweet on the price of oil caught my eye. Here is my chart in response.
When I was a sparring partner for professional boxers many, many years ago, I was taught to be wary of the jab.
Things are rough in the US economy, and the FDIC seems to be making plans to handle further collapse. How? By helping themselves to YOUR money that you have on deposit, safely (you thought) tucked away in your bank account.
Following the ugly flash durable goods print (de-bound from Boeing bounce in Dec), US Factory Orders for January were expected to drop 1.8% MoM (after a 1.8% MoM rise in Dec).
The Canadian Taxpayers Federation is calling on the federal government to scrap its plan to increase the carbon tax, alcohol taxes and member of Parliament pay on April 1.
Now you see it … maybe soon you won't.
Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time homebuyers in a serious bind.
There are many benefits to living in an iconic city like New York or Singapore, but the amenities and exclusivity can come at a high cost.
The data is in for January 2023, and the average food inflation came in at 10.1%, following December's 10.4%. While overall inflation is at 6.4%, food has replaced energy at the top of the inflationary items.
Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time homebuyers in a serious bind.
This past month a poll held by ABC and the Washington Post with a 37 year history asked Americans if they were better or worse off in the two years since Biden entered the White House.