Recipe for a Bank Failure

[@tdkelley]

Looks like a number of Fed officials may not support a pause in these rate hikes, citing that inflation is still high, so if need be, raising rates further is an option. We're not out of the woodwork yet, and I foresee some more failures as well.

[@davidt-the-mortgage-farmer]

Agreed. And I am not even against them…. I just hate they have decided that rates hikes are the only “arrow” in their quiver. Thx for the comment.

[@LordBlk]

When Mckinsey Comes to Town Interesting book. Apparently they had a part to play in the 2008 crash. And much more. In my country canada we are investigating them for potential conflict of interest over a sile sourced 100 million dollar contract that yeilded little improvement. Really speaks to a mailicoua intent over incompetemce....though plenty of incompetence is present.