$7.5 trillion of treasuries and $2.4 trillion of new mortgage debt burnt a hole in banks’ pockets when interest rates rose. Is the system now too big to save?

By Robert Romano Since the beginning of 2020, marketable U.S. treasuries have increased by $7.5 trillion as the total national debt ballooned to $31.4 trillion, and mortgage debt has increased by $2.4 trillion to $11.92 trillion, ...

2023 Bank Crisis: The bank run is on bank stocks, not bank deposits per se. Congress made certain of that in 2010. The depositors are the hostages.

  By Robert Romano Despite taking action to put Silicon Valley Bank and Signature Bank into receivership under provisions of federal law in the 2010 Dodd-Frank financial legislation by the U.S. Treasury, Federal Reserve and FDIC on ...

Presidents get blamed for recessions on their watch no matter what, debt ceiling or no

By Robert Romano If anything has a knack of making presidents in otherwise commanding positions into one-term presidents, it is recessions of the U.S. economy. Just ask Herbert Hoover, who lost in a landslide in 1932 during ...

Cartoon: Made In China

By A.F. Branco Click here for a higher level resolution version.

Townhall: When Winning Elections Means Actually Winning On Policy, We Celebrate

Democrats are on Dangerous Ground with Non-College Minorities Too  

By Bill Wilson The Democratic party’s issues appealing to working class white voters are well documented, but new analysis shows the radical left is isolating itself from working class minorities without a college education too. There have ...

Cartoon: Toxic Insanity

By A.F. Branco Click here for a higher level resolution version.

Inflation still elevated at 6.0 percent past year as the Fed eyes more interest rate hikes to tame inflation, but can the banks take it?

By Robert Romano Consumer inflation the past 12 months has increased 6.0 percent, down from 6.4 percent a month ago—a 0.8 percent increase from Feb. 2022 just fell off the 12-month chart reading—according to the latest ...

Down the Rabbit Hole: The Fed just guaranteed $230 billion of uninsured deposits at SVB Bank and Signature Bank. There are $1 trillion of uninsured deposits out of $20 trillion nationwide.

By Robert Romano Amid a spectacular banking crash over the weekend, the Federal Reserve and U.S. Treasury have intervened to guarantee $230.6 billion of uninsured deposits at Silicon Valley Bank (SVB) totaling $151.6 billion in California ...

Recession soon? White House projects just 0.6 percent growth in real GDP in 2023, more than 2 million jobs lost by 2024 as unemployment rises to 4.6 percent.

By Robert Romano The White House Office of Management and Budget (OMB) in the now-released President’s Budget is projecting just 0.6 percent in inflation-adjusted real growth of the U.S. economy in 2023 as the unemployment rate ...