Joint Statement by the Department of the Treasury and Federal Reserve

P.E. Powell and the Quaker Oats guy saving the planet.

resilient and the current crisis is temporary

Good news for dxy

LOL

lol DXY entering a bear market, I don't think so... It is that time in the cycle

Regulations put in place to make it tougher for banks to take ridiculous risks with our money in search of greater profits so executives get huge bonus checks were weakened. Bond rating agencies don't lower riskiness in businesses they are paid to rate until after a business collapses. Then you want us taxpayers to bail banks out yet again! Meanwhile my credit card interest rates are thru the roof now while i keep paying ontime. how about for once bailing us people out instead of socialism for bankers and rich people with more than $250,000.00 in the bank! How about giving us consumers free money. Banks don't make things they extract money from our economy.us regular people make things. Anybody with a brain understands a 0% long term bonds value is garbage if interest rates go up..why did the banks not hedge there long term bond exposure?asleep at the wheel or too busy partying in Hawaii? banker's need to relearn the concept of moral hazard. That will never happen as long as bankers know no matter how stupid,greedy,or risky decisions they make the government will bail them out everytime..my small business if i run it incorrectly im closed and bankrupt..Time to let the bad players in banking go bankrupt. Just like we would if we did half the shinanigans these bankers pull with our money! If they know their jobs are gone and bank is closed if they screw up maybe,just maybe they'll act like banks and not a wall street hedgefund. Make banks banks again. Investment firms be investment firms.stop the bailouts for the rich greedy scum that keep taking our money!

Quaker oats guy. Never thought of that now I can't unsee it hahaha

You really expect them to continue tightening after all of this?

Feds gonna do everything to the protect dollar from depreciating. The first signs they've shown is not bailing out these banks. Which if they would, the dollar would crash like the 08' era. I am expecting strong dollar in the coming weeks.