The Fed Tallies Up a Big Threat to Financial Stability in the U.S.: “Runnables” at $21.3 Trillion BanksterCrime: By Pam Martens and Russ Martens, Federal Reserve Building in Washington, D.C. Last Friday, the Federal Reserve released its semi-annual Financial Stability Report. In the prior five years, the spring edition of the Fed’s Financial Stability Report was released in…

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2/12/24: The U.S. Treasury’s Financial Crisis Warning Bell Didn’t Ring Before the Repo Crisis of 2019 or This Year’s Bank Runs

BanksterCrime: By Pam Martens and Russ Martens: The Office of Financial Research (OFR) is a unit of the U.S. Treasury Department. OFR was created as part of the Dodd-Frank financial reform legislation of 2010 to keep the Financial Stability Oversight Council (F-SOC) informed about emerging threats that have the potential to spread contagion throughout the U.S.…

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Bitcoin & Big-Tech Burst Higher Amid Bloodbath In Boeing & Black Gold

by Tyler Durden A quiet macro day (though we did see NYFRB inflation expectations plunge!), but some ‘good’ news from Washington reduced the risk of govt shutdown in 11 days modestly. However, there was plenty of new narrative creation from FedSpeak. Logan and Bostic double-whammy’d with ‘not as dovish as the market thinks’ comments on…

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Federal Agency Study Contradicts Fed Chair: Finds Banking System Is Ripe for Another Crisis and Remains “Fragile and Uncertain”

By Pam Martens and Russ Martens: Following the second, third and fourth largest bank failures in U.S. history in the spring of last year, Federal Reserve Chair Jerome Powell gave his semiannual monetary policy report to the House Financial Services Committee and the Senate Banking Committee in June. During both appearances, Powell stated the same thing: “The U.S.…

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