Stock Market/Investing/Day Trading/Speculative Trading Thread (3 Viewers)

[skersker]

 

[Faux Sean Callahan]

 

[Faux Sean Callahan]

 

[Faux Sean Callahan]

 

[skersker]

never listen to cramer

 

[Snockered69]

never listen to cramer

That’s why I follow the inverse Cramer index on twitter, gives me a better read on the heart beat of the economy. Nancy Pelosi Stock trader is also good if I day traded.

 

[Dr.DrakeRamoray]

So is shit hitting the proverbial fan yet?

 

[LoudHogRider]

Yup this is interesting.

Barney Frank Sees Crypto as Common Element in New Bank Failures

Barney Frank — the former congressman known for the Dodd-Frank Act, which overhauled US banking regulation to prevent another global financial crisis — said there was one thing lawmakers and regulators didn’t reckon with back in 2008: cryptocurrencies.

www.bloomberg.com

Too fucking bad, fucking PPHQ. Can't even keep his own bank open. Fuck that guy.

With Signature Bank’s Collapse, US Reformer Barney Frank Watches His Own Lender Fail

(Bloomberg) -- It was a seemingly unthinkable scene: Barney Frank, co-author of the Dodd-Frank Act, the radical overhaul of the banking system after the 2008 global financial crisis, was having his very own Dick Fuld moment.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids...

finance.yahoo.com

 

[skersker]

Yup this is interesting.

Barney Frank Sees Crypto as Common Element in New Bank Failures

Barney Frank — the former congressman known for the Dodd-Frank Act, which overhauled US banking regulation to prevent another global financial crisis — said there was one thing lawmakers and regulators didn’t reckon with back in 2008: cryptocurrencies.

www.bloomberg.com

stupid af take from barney

 

[Toe]

So is shit hitting the proverbial fan yet?

The shit hasn't hit the fan yet, but right now the shit is dangling precariously over the fan, and little bits of poo are dripping off into the fan blades.

Right now, job #1 is to stop this from spreading into a widespread panicked bank run. Congress had an emergency session about it last night.

 

[Toe]

Former FDIC chair: “There’s no doubt in my mind: There’s going to be more. How many more? I don’t know. How big? I don’t know. Seems to me to be a lot like the 1980s.”

'There's going to be more': How Washington is bracing for bank fallout

Battle lines are already being drawn over what caused Silicon Valley Bank's stunning demise.

www.politico.com

 

[skersker]

 

[Toe]

 

[Toe]

 

[BingoDingo]

Jamie Dimon is preparing his boys for sweeps! Pennies on the dollar!

 

[Faux Sean Callahan]

 

[BingoDingo]

If they aren't lying about inflows then it might be a wash bet for him, imo.

 

[22*43*51]

Smart money is shorting the market.

Farewell gents.

 

[22*43*51]

Jamie Dimon is preparing his boys for sweeps! Pennies on the dollar!

One Nation, Under Blackrock...

With liability and Judgment Liens for all.

 

[Faux Sean Callahan]