RE:RE:RE:This too shall passBanks always seem to bounce back, but at times it can take months, not days, from financials getting stressed from bankruns and then the subsequent failures.
Janet Yellen speech today, said more measures may be necessary. SO i wouldnt cheer real hard yet, that the worst is over. Lets see what happens when the FEDspeak happens tomorrow.
I noticed they also made all depositors in SVB whole and even those with uninsured deposits over 250K$. Gotta take care of the rich friends.
Hmm i guess this will force the debt ceiling to jacked up along with the rates. How much does the US debt cost in interest every day again? IN neighborhood of 15 billion $ last i read.