Fed Governor Waller says that right now, everything "seems to be calm" in the US banking system

Fed Governor Waller says changes in credit since SVB failure are in line with what was happening before that due to Fed rate hikes, it is still not clear recent bank failures had a material effect on credit conditions

highlits

image

market_snap_shot_

Market Snapshot

paragraph

paragraph2

table_one_title

table_two_title

title_1

title2

title3

todays_economic_releases

transcript

<p>Good morning everyone. Darren Leviathan Financial. Happy Friday to you. Nothing can stop the stock market. It is very resilient and rallying to the moon. , technically it broke out this week of its, bear market run. And given the, , hawkish tone from central banks ECB raise rates yesterday, looks like there&#8217;s probably more potential upside.<br />
Today we have two fed speakers that will probably give us a clearer picture of at least where rates may peak. , the indication from Jerome Powell after the F O M C on Wednesday was that this will not be the last of hikes, and the dots indicated that most speakers see another 50 basis points in the.<br />
offing, before we peak and have to turn around and cut, but stock market&#8217;s resilient. So at the end of the day, who cares. So, , everyone have a great weekend and good luck trading</p>


Transcript

video

morning-minute-june-16th

MORNING MINUTE JUNE 16th

youtube_link

STOCKS BROKE OUT OF THEIR BEAR MARKET EARLIER THIS WEEK AND NOT EVEN HAWKISH CENTRAL BANKS SEEM TO BE ABLE TO HALT THE RALLY, NOTHING SEEMS 

Fed Statement comparison

Fed's Goolsbee (voter, dove) says Fed must be data dependent and watch credit conditions; getting "vibes" that a credit squeeze is beginning - Yahoo Finance interview Trying to stabilise prices without a hard landing. Have to say that recession is a possibility. Weighing how much Fed work is being done by tighter credit. Too early to make a call on rates for the June FOMC

Fed Governor Waller says changes in credit since SVB failure are in line with what was happening before that due to Fed rate hikes, it is still not clear recent bank failures had a material effect on credit conditions

Related reads

Fed Statement comparison

Get started with Leviathan FM today