Tag Archives: Bank Crisis

Andy Schectman: Bank Crisis Analysis As Debt Ceiling Approaches (5/18/23)

  Image credit (IFLIR)

Why is the Fed encouraging capital and savings flight from money markets accounts held at regional commercial banks to the overnight reverse repo market when all that does is make the banking crisis worse?

Rumor has it that the pace of bank runs will soon result in FDIC only covering 10% of insured depositor losses at insolvent banks that fail.

Continue reading