Stress Tests Still Happening, Banks To Get Special Treat If They Pass
Well, their investors will get the treat, but all the same.
Federal Reserve
Since Coronavirus Is Far Worse Than Any Stress Test, What’s The Point Of Stress Tests?
Don’t banks and the Fed have better things to do right now?
The Last Three Weeks Have Made The Great Depression Look Like A Gentle Drive Down A Moderately Steep Hill
Welcome to the Zumanjaro: Drop of Doom market.
What America Needs At This Particular Moment Is Definitely A New Bank From Jack Dorsey
An eager and not-at-all-shellshocked world greets the arrival of Square Financial Services.
It’s Starting To Feel Like Jay Powell’s Not Cut Out For This Fed Chair Thing
Donald Trump may be right about Bizarro King Midas, although for the wrong reasons, of course.
Call the **Cough Cough** Close
Let’s play a pre-pandemic parlor game together, maybe for the last time.
Banker No Longer Allowed To Be A Banker Quits Job At Bank
Andrea Vella is super excited about the next stage of his career, which almost certainly will not involve travel to Malaysia.
Old Man Bernanke Has No Idea What He’s Talking About, Slightly Less Old Mark Carney Says
The Bank of England governor knows its been a while since the Beard central banked, but this plenty of tools talk is utter nonsense.
Even If Trump Had Gotten Herman Cain and Stephen Moore On The Fed It Wouldn’t Matter
The deep state and finance capital strike again!
JPMorgan Has Either Gotten Worse Or Way Better At Money Laundering
Either way, the regulators don’t think they need extra monitoring anymore.
Jay Powell Takes Literal "Same Sh!t, Different Day" Approach To Today's Congressional Testimony
Big Pow is back on The Hill for a second day of questions, and he is making it clear he has a whole lot of nothing new to say.
Fed Brings Us A Little Closer To Those Halcyon Days Of 2008
Who can even remember why banks were forced to increase capital reserves or plan for their own demises anymore?
Jay Powell Failing At Fed Chairing, Excelling At Fedspeak
He made one decision, and that was to say less.
Repo-Madness Is Not Over Yet
The Fed announced today that it will provide additional assistance to the beleaguered repo market.
![By Steve Jurvetson (Flickr: Jamie Dimon, CEO of JPMorgan Chase) [CC BY 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTk2NjM4NTYxNzgx/jamie-dimon.jpg)
Current, Future Presidents Not In Accord On Zero Rates
Jamie Dimon might reserve the epithet “bonehead” for someone else, Mr. President.
Trump Openly Flirting With His Next Fed Chair
Even Jim Cramer has to be concerned that Jim Cramer is in the president's real thought process here.
Bill Dudley Would Like To Clarify That He Meant Jay Powell Should F Donald Trump With Obvious Subtlety
What he meant to say was don't not crash the economy by "accident."
Silicon Valley CEOs Are Letting Employees Expense Their Trips To Burning Man And Tell Us Again About Interest Rates Being Too High
There's economic data in the Orgy Dome.
Jay Powell Is Not Gonna Win This, Or Any, One
Is the Fed chair sure he doesn’t wanna just get fired and end this?
![By Claygate at en.wikipedia [Public domain], from Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTk1Mjk2Mzg0OTg4/rv.jpg)
If Everyone Is A 401K Millionaire, Is Anyone?
We have never seen this many 401K accounts with $100M+ in them...so Jay Powell should definitely keep cutting.