#economy #federalreserve #bankingcrisis
Want access to the maps and charts I use in these videos? You can get full access here: https://app.snapforce.com/prodigy/checkout.php
Follow me on Twitter to get more real time updates on the markets: https://twitter.com/realRJTalks
Three New Banks on the Chopping Block as the Fed Cut’s Off Shadow Bank Access From Reverse Repo Facility
More banks are now being homed in on, as traders are eyeing which banks have the most liabilities. Pacwest and Western Alliance are top of mind, but there are additional bank, or non-bank banks, known as shadow banks. These shadow banks are about to add to the financial stress, and possibly kick off the next part of this banking collapse.
On top of the market stress, and the crash of most small bank stocks, the Federal Reserve just announced they are changing the eligibility requirements for who is allowed to access and utilize the Overnight Reverse Repo Facility. Changing, or as they say, clarifying the terms of the facility, and blocking large funds, i.e. shadow banks access to invest in reverse repos.
This video is not financial advice.
Want access to the maps and charts I use in these videos? You can get full access here: https://app.snapforce.com/prodigy/checkout.php
Follow me on Twitter to get more real time updates on the markets: https://twitter.com/realRJTalks
Three New Banks on the Chopping Block as the Fed Cut’s Off Shadow Bank Access From Reverse Repo Facility
More banks are now being homed in on, as traders are eyeing which banks have the most liabilities. Pacwest and Western Alliance are top of mind, but there are additional bank, or non-bank banks, known as shadow banks. These shadow banks are about to add to the financial stress, and possibly kick off the next part of this banking collapse.
On top of the market stress, and the crash of most small bank stocks, the Federal Reserve just announced they are changing the eligibility requirements for who is allowed to access and utilize the Overnight Reverse Repo Facility. Changing, or as they say, clarifying the terms of the facility, and blocking large funds, i.e. shadow banks access to invest in reverse repos.
This video is not financial advice.