For the next week... I'll break down all the things that make this financial system both fascinating and dangerous...
How strange is it when capital requirements are lowered in the major banks they announce major buy backs under the guise of making "treasuries more tradable"?
https://www.cnbc.com/2025/06/25/divided-fed-proposes-rule-to-ease-capital-requirements-for-big-wall-street-banks.html
They need all the Treasury buyers they can get - all the way down to the regional banks.
Bessent sees how bad it is.
It's when the music stops that things get interesting indeed!
How strange is it when capital requirements are lowered in the major banks they announce major buy backs under the guise of making "treasuries more tradable"?
https://www.cnbc.com/2025/06/25/divided-fed-proposes-rule-to-ease-capital-requirements-for-big-wall-street-banks.html
They need all the Treasury buyers they can get - all the way down to the regional banks.
Bessent sees how bad it is.
It's when the music stops that things get interesting indeed!