Articles by Ryan Watkins, Op-Ed Contributor

Articles by Ryan Watkins, Op-Ed Contributor

Treasury Ready to Take Additional Action to Stabilize Banks

Treasury Ready to Take Additional Action to Stabilize Banks

March 27, 2023
52 view(s)
Following the collapse of SVB and Signature Bank, the Treasury took a remarkable step to stabilize the banks.
French Pension Riots Escalate

French Pension Riots Escalate

March 22, 2023
191 view(s)
Paris riots escalated after French President Emmanuel Macron used special powers to raise the retirement age from 62 to 64.
Comex Outflows Spell Trouble for Physical Metal Supply Chains

Comex Outflows Spell Trouble for Physical Metal Supply Chains

March 21, 2023
288 view(s)
Over the last year, banks and investors have silently removed physical metals from the Comex.
 FedNow Payment Processor to Launch in July

FedNow Payment Processor to Launch in July

March 21, 2023
276 view(s)
The Federal Reserve will launch the FedNow payment system in July following a short early adopter test in April.
China Brokers Iranian/Saudi Relations Deal

China Brokers Iranian/Saudi Relations Deal

March 20, 2023
858 view(s)
On Friday, March 10, Iran and Saudi Arabia agreed to reestablish relations and re-open embassies within two months.
Five Financial Headlines to Unsettle Your Stomach

Five Financial Headlines to Unsettle Your Stomach

March 17, 2023
140 view(s)
People reading this blog realize that I report on the news rather than being an investigative journalist.
Credit Suisse Stock Plunges More than 20%

Credit Suisse Stock Plunges More than 20%!

March 15, 2023
246 view(s)
Credit Suisse stock dropped more than 25% after the Saudi National Bank (SNB) said it would not buy more shares of the troubled Swiss bank.
February CPI 6.0% and Core Inflation 5.5%

February CPI 6.0% and Core Inflation 5.5%

March 15, 2023
57 view(s)
The Bureau of Labor and Statistics announced that February CPI came down to 6.0%, and Core Inflation was at 5.5%.
SECOND BANK FAILS!

Second Bank Fails

March 14, 2023
229 view(s)
New York-based Signature Bank was closed Sunday by state regulators two days after Silicon Valley Bank (SVB) was closed by California regulators.
Largest Bank Failure Since 2008: $209B Under FDIC Receivership

Largest Bank Failure Since 2008: $209B Under FDIC Receivership

March 13, 2023
200 view(s)
The FDIC (Federal Deposit Insurance Corporation) made an emergency press release.