Western Alliance Bancorporation (WAL)

[tw0122]

Infinite spiral up continues in Fed lending to Banks unstoppable until the final crash arrives x.

Fed knows there are going to be more bank failures. Officials seem to be counting on it. Why you don't hear about BTFP going up. Hubris. To these academics, this is a sign their "tools" are working when, like '08, more at the Fed means less circulating organically in real money. pic.twitter.com/y6o00Kc50W

— Jeffrey P. Snider (@JeffSnider_EDU) June 17, 2023