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Weekly Market Recap: Painful Recession Next Now That The Fed Is 'Breaking' Things?

Wealthion - Be Financially Resilient

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The Fed's Confidence in the Banking System

The question is whether or not the analysts are entirely wrong and you're going to get a drop to about $157 an earnings, which is a very different outlook for the market at that point. I think he did what he had to do in this case, was project his confidence in the banking system, right? He basically just said, hey, you know, read my lips, American banking system safe, depositors should not worry. We think we've got what happened there under control. It was a relatively small number of banks that aren't systemically important. And then she came out on Thursday and sort of tried to walk back her comments. Then she came out again today and we

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