E-Wave for the S&P 500 Index

[gdl]

At what point does reality set in? First Republic made a profit this quarter on losses of ONE HUNDRED BILLION! Yup you heard right. The banks handed over 30 billion BUT they can withdraw that within FOUR MONTHS! Not a single mention of all the creditors and if they will be BAILED OUT!

Keep em comin. This is like telling you a new virus in China has appeared and it looks like a Pandemic is going to hit everyone. That was met with WHO CARES! The TRILLION DOLLAR and counting banking disaster where not a single person or institution will be penalized just had a brief statement about their great customer commitment. NO ONE I mean NOT THE FED or Government is saying what will happen to creditors money. POW! We do know that the 30 Billion from the big banks will withdraw their money in the 4 month deadline.

if "I" was a creditor at First Republic I would be watching the Christmas Movie "It's a wonderful life" again. The run on banks with no savings and loan that gest to keep the creditors money trusting they will get it back. oh look, I see a run right now.................