Category Archives: Uncategorized

NY Times: https://www.nytimes.com/2023/05/04/opinion/silicon-valley-bank-first-republic-financial-crisis.html In an NY Times OpEd, Professor Amit Seru (Stanford) write: “A damaging combination of fast-rising interest rates, major changes in work patterns, and the potential of a recession could prompt a credit crunch not seen since the 2008 financial crisis.” Could? Well, we can see deposits draining over the past year. CreditContinue reading “Are Banks Solvent?”

Moon of Alabama -May 2, 2023:https://www.moonofalabama.org/2023/05/ukraine-sitrep-offensive-in-doubt-no-talks-social-breakdown.html#more May 02, 2023 Ukraine SitRep: Offensive In Doubt – No Talks – Social Breakdown Since early April, when Pentagon briefing slides about the state of the Ukrainian army ‘leaked’ onto the web, the writing in ‘western’ media about the much discussed Ukrainian counteroffensive has become more gloomy.The hyping is largely goneContinue reading “Is There a Counteroffensive?”

Like some many sectors, US commercial banks are an oligopoly. The market power power of the dominant players is often measured from the Herfindahl-Hirschman Index Index (HHI). HHI is computed as the sum of the squares of the competitor market shares as whole numbers: The term “HHI” means the Herfindahl–Hirschman Index, a commonly accepted measureContinue reading “US Bank Deposits”

The phrase “fix bayonets” rings throughout military history. It means different things — final assault or out of ammunition and last stand. Sometimes, both. On the evening of October 14, 1781, the sharp clanking of steel bayonets being fixed to muskets echoed through the dense fog that descended over the American earthworks outside of Yorktown Va.Continue reading “Bakhmut: Out of Ammo? Fix Bayonets”

Fed policies are squeezing banks from multiple sides like the Wagner PMC meat-grinding the dwindling survivors of the decimated AFU brigades in Bahkmut. AOCI trends have been negative putting an ever bigger drag on roll-offs. Credit lines are hardening. Rightfully so — deposits are tanking for the first time in, well, decades and decades. ThisContinue reading “Commercial Bank Deposit Rollover”

With thanks to The Burning Platform I see your hair. It is a wig. Your Adam’s apple still looks big. You are a man, and that is clear. I do not see a woman here. I must admit. It’s rather odd. To hear you say you’re now a broad. You have no uterus, so no;Continue reading “Ma’am I Am”

French cartoonists are running a series of hilarious videos available at http://Ukraine-inc.info. Episode 1 is above. Here’s Episode 2: I love the Bandera images throughout. Walk-ons by Corrupt Joe, Macron and “SGT Schulz” More episodes to come.

Latest estimate: 1.5 percent — April 5, 2023 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2023 is 1.5 percent on April 5, down from 1.7 percent on April 3. After recent releases from the US Census Bureau, the US Bureau of Economic Analysis, and the Institute for SupplyContinue reading “Atlanta Fed GDPNow: April 5, 2023”

Catch the MCI reference? Here’s the Q1 2023 list: Let’s close it out with a little more “Todd”:

Has been since the Ukrainian coup in 2014.