The Second Half of the Bank Crisis, Kicking off Now

Draining the FDIC’s Emergency Reserve [The Daily FWD] April 30, 2024 [UNSUBSCRIBE]( The Second Half of the Bank Crisis, Kicking off Now Hi Reader, Here’s what our editors are looking at today… [Click here to learn more]( News: Dave Gonigam – Bank Crisis 2024 Conventional wisdom has it that the bank blowups in the spring of 2023 were a one-off: Silicon Valley Bank, First Republic, et al. were a freak occurrence brought about by the Federal Reserve raising interest rates at the fastest clip in over 40 years. And as the official narrative went — dutifully parroted by corporate media — the whole thing blew over after only two months. Wrong: The second half of the banking crisis kicked off after the close of business Friday afternoon. More and bigger failures are in store. We’re talking about banks with up to $900 billion in total assets that are at risk. Will that be enough to drain the FDIC’s emergency reserve? And what then? [⇒ Read More Here]( [Click here to learn more]( Recommended Reads: [CRITICAL: U.S. Gov’t Agency To Trigger Massive Move In The AI Market?]( A Nobel Prize winner and doctors from Harvard, Yale, Stanford, and Johns Hopkins have just unveiled a shocking new type of discovery… Due to this similar discovery, this tiny $6-stock AI companymight have stumbled upon the biggest cancer discovery in history. And in as little as a few short days, we expect the FDA could deliver a bombshell announcement regarding this company and its work, triggering a historic move in the AI market. [⇒ Click here now for the full story.]( [Click here to learn more]( America: Jim Rickards – Bye-Bye, Goldilocks This pivot mania has gone by several other names. One was the “soft landing”: the idea that the Fed had beaten inflation without causing a recession and could put the economy on a sustainable growth path. In effect, a masterpiece of Fed finesse. Another name was “Goldilocks” on the view that Fed policy was “not too hot, not too cold, just right!” another tribute to Fed finesse. It’s all nonsense: a narrative designed to lull investors into complacency and to buy more stocks. The truth is the Fed has no idea what it’s doing, the Fed doesn’t matter that much anyway and Wall Street is in the tagalong business, not real forecasting. [⇒ Read More Here]( [Click here to learn more]( Politics: Sean Ring – Sanctions For Thee, But Not For Me… As if we didn’t have enough proof that these sanctions against Russia were a complete disaster. But this takes the cake. What if I told you the Biden Administration, such as it is, has loosened sanctions for some Russian banks because of the adverse effects on Americans’ energy costs? Yes, folks, we have definitive proof that these misguided sanctions are directly impacting your daily lives and hurting Americans where it hurts the most: in their wallets. [⇒ Read More Here]( That’s all for today, we’ll be back tomorrow with what our editors were looking at this week. Email us [here](mailto:feedback@paradigmpressgroup.com) with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, [The Daily FWD] The Daily FWD [feedback@paradigmpressgroup.com](mailto:feedback@paradigmpressgroup.com?subject=Daily FWD Feedback) Recommended Reads: [URGENT: Regarding Your 2024 Strategic Intelligence Membership Dues!]( Hi, I’m Matt Insley. I’m the Publisher at Paradigm Press. Just moments ago, I just got off the phone with Jim and we agreed: it’s time we start charging more money for access to his newsletter. That’s why we may implement a massive price hike for all subscribers in the coming days. But if you [click here now]( you can lock in your current subscription price at 80% off – and never have to pay the potential new price of $500. Don’t waste any time. [⇒ Just click here now to claim this special offer.]( [Paradigm]( ☰ ⊗ [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your The Daily FWD e-mail subscription and associated external offers sent from The Daily FWD, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@paradigmpressgroup.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. The Daily FWD is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our [Privacy Statement.]( If you are having trouble receiving your The Daily FWD subscription, you can ensure its arrival in your mailbox by [whitelisting The Daily FWD.](