Fed Adds Another $94 Billion to Its Balance Sheet in Week Two of Bailout
March 27, 2023 by Michael Maharrey 0 0 In the week before it raised interest rates another 25 basis points to fight inflation, the Federal Reserve added more...
Credit Suisse accessed billions in liquidity last weekend, Swiss finance minister says
ZURICH, March 25 (Reuters) – Credit Suisse (CSGN.S) tapped the Swiss National Bank for “a large multi-billion amount” last weekend to secure its liquidity, the...
The end of moral hazard and the final chapter in the dollar’s debasement
Zero Hedge/Simon White – Bloomberg/3-23-2023 “A full guarantee of all bank deposits would spell the end of moral hazard and mark the final chapter of...
Comex Update: Delivery Volume Slows Even as Prices Rise
March 26, 2023 by SchiffGold 0 0 Gold is wrapping up March, which is a minor delivery month. While it was a decent delivery month, it was the...
GLOBAL MARKETS-Rally splutters as Europe ploughs on with rate hikes
* European shares dip as central banks pursue raising rates * Dollar stuck near 7-week low after mixed Fed message * Oil prices slip in...
The Federal Reserve now believes its work is nearly done: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET....
Bill Ackman says U.S. economy risks a ‘train wreck’
Hedge fund billionaire Bill Ackman says the U.S. economy risks heading for a “train wreck,” following Wednesday’s interest rate hike and comments from U.S. Secretary...
Distressed Debt Soars By 29%, Or $66 Billion, In One Week Amid Surge In Bankruptcies
The cascade of defaulted regional US banks is blowing out the circulating inventory of distressed debt which expanded by about $65.9 billion last week as...
Fed Opts for Hike-and-See in Gamble That Crisis Will Stay Contained
(Bloomberg) — Less than two weeks after the second-biggest bank failure in US history, Federal Reserve Chair Jerome Powell made clear that inflation remains policymakers’...
The Greatest Theft in Human History?
Mike calls it the greatest theft in human history… In Chapter 4 of The Great Gold and Silver Rush of the 21st Century, Mike explains...