Schiff: Federal Reserve Launches “QE Extra Lite” To Bail Out Banks
Schiff: Federal Reserve Launches “QE Extra Lite” To Bail Out Banks Via SchiffGold.com, In the wake of two bank failures, the Federal Reserve and the US Treasury announced a bank bailout program that could be dubbed “QE Extra Lite.” Last week, Silicon Valley Bank was shuttered by federal authorities after the bank suffered significant losses selling bonds […]
Credit Suisse CDS Hits Record High As Silicon Valley Banking Crisis Spreads To Europe
Credit Suisse CDS Hits Record High As Silicon Valley Banking Crisis Spreads To Europe Shares of European banks plunged on Monday, as yields on European bonds dropped on the implosion of Silicon Valley Bank could force central banks across the Western world to either slow the pace of interest rate hikes or even pivot if […]
US-Ukraine Unity Is Cracking Apart
US-Ukraine Unity Is Cracking Apart Authored by Dave DeCamp via AntiWar.com, Over one year since Russia launched its invasion of Ukraine, there are growing differences between Washington and Kyiv on how to move forward in the conflict, Politico reported Sunday. One issue is over Bakhmut, the eastern Ukrainian city where Russian and Ukrainian forces have been locked […]
Small Banks Are Crashing
Small Banks Are Crashing Over the weekend, when parsing through the carnage sweeping the US banking sector, we analyzed which banks are facing the highest deposit-run risk in the aftermath of the SIVB – and now SBNY – failures, and focused on a handful of names who have the bulk of their funding in the […]
Hundreds Of Illegal Immigrants Storm Border At Texan Port Of Entry
Hundreds Of Illegal Immigrants Storm Border At Texan Port Of Entry Authored by Katabella Roberts via The Epoch Times, Border patrol agents were forced to erect temporary barricades at a port of entry along the southern U.S. border on March 12, as thousands of illegal immigrants tried to enter the country, with hundreds stampeding border […]
Mexican President Threatens Republicans Calling For US Military To Target Drug Cartels
Mexican President Threatens Republicans Calling For US Military To Target Drug Cartels Authored by Joe Gomez via The Epoch Times (emphasis ours), Mexican President Andrés Manuel López Obrador has threatened to start a public “information campaign” in the United States against Republican lawmakers after several have called on the U.S. military to target drug cartels […]
2Y Treasury Yields Plunge Most Since ‘Black Monday’, Gold Soars As Rate-Hike Odds Collapse
2Y Treasury Yields Plunge Most Since ‘Black Monday’, Gold Soars As Rate-Hike Odds Collapse The Fed/FDIC/TSY bailout (BTFP!?) has prompted a massive repricing of the market’s expectations for The Fed’s rate-trajectory from here. The terminal has plunged and pulled forward… Source: Bloomberg After Goldman’s forecast that The Fed will pause in March (next week), the […]