First Republic Bank shares crash on liquidity concerns, cash infusion in the works

They crashed on Monday.
This was one of several banks that on Tuesday had their stock artificially pumped for 30 minutes, trade halted, and then a recovery reported. There was never a real recovery of any of the regional banks that crashed Monday. They ALL got a 30 minutes stock pump, trade halted, bullshite recovery reported. We the customers are being pump-and-dumped by the mainstream bank-media structure

It seems liquidity injections run contrary to the tighter fiscal environment the Fed wants to operate in right now. I don’t know what to make of all of this.

Democrats calling on social media censorship on these bank problems makes total sense now.

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Arizona Sen. Mark Kelly calls for censorship of social media companies to prevent bank run: report

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Democrats calling on social media censorship on these bank problems makes total sense now.

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Spell out a clear message and the noise that can lead to a run will stop at just being noise. The real problem is depositors at these banks saying words like “contagion” to try to provoke a bail out.

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I have the sinking feeling that these bandaids are not the best long term options.

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However, the unrealized losses on First Republic's bond portfolio due to last year's rapid rise in interest rates have made an acquisition unappealing, the sources said.

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Wait, Biden said all this was Trump’s fault because “Orange Man Bad”.

It can’t be because of the rapid rise in interest rates which made the government bonds these banks are heavily invested in all but worthless until they mature in 5-10 years, thus leaving banks unable to sell their bonds in the short term if they have to raise money quickly to cover deposits when their customers come wanting to withdraw their money?

And remind me again why interest rates have been rising so sharply now for the better part of a year…

Inflation you say?

Huh.

What’s causing all this inflation, which leads to skyrocketing interest rates, which leads to older government bonds from being all but impossible to sell, which means smaller banks are left unable to cover customer deposits?

Government spending?

Really?

So what is the government doing about this spending, that leads to inflation, that leads to higher interest rates, that makes older bonds impossible to sell, that leads to smaller banks collapsing?

Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes


Elections have consequences.

(Down vote it all you want. But what you can’t do is refute it. I know you can’t. You know you can’t. And I know it pisses you off.)

I mean Trump could have started raising rates slowly too, as could 2nd term Obama.

Every single president Bush on has been an executive while the US spent like a crazy person.

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Inflation was at 1.4% when Trump left office…

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And everyone knew it was going to rocket up soon because of all the money dumped in the economy.

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And everyone knew it was going to rocket up soon because of all the money dumped in the economy.

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That's not how this works, not how any of this works.

You don't raise rates based on "everyone knew" and "soon".

Typical democrat economic illiteracy though. That and TDS combined are very very dangerous.

the stock market has become the equivalent to the lotto tickets but for the middle class. A way for the rich to siphon more money away to their pockets.

PFOF, FTDs, HFT, etc are just a few ways that they manipulate more money into their pockets. These wealthy pay off the politicians that write the laws that benefit them, or get money to bail them out. For all the scandals on wall street, and you hardly see any big players go to prison, should tell you all you need to know about the system.