Crisis? What Crisis? First Republic Bank Headed For FDIC Receivership, US Yield Curve Plunges, Bank Lending Plunges, Middle Class Shrinks Under Biden/Yellen
by confoundedinterest17 Crisis? What crisis? First, First Republic bank is most likely headed for FDIC receivership, sources say; shares drop 40%. Second, we have the US yield curve (3M T-yield – 18M FWD 3M T-yield) crashing to the most inverted since …