One More Bank Another "Official" Denial & The Final Step

Chief Investment Strategist • May 11, 2023 at 8:39 PM EDT

We have a very good - better than very good - idea where all this is going.

Gray High Rise Buildings

Image Source: Pexels

As expected, not only is another bank in danger of failing, they're blaming short sellers for it. Jamie Dimon made the ridiculous comments today as major market swings leave little doubt where all this is going. And if that wasn't enough, more big data to corroborate.

Video Length: 00:18:35

More By This Author:

The CPI Is Ready To Plunge
Banks Making Deep Cuts Plus OPEC Was Right About China
Banking Crisis Isn't Just US Regional Banks; Europe's Banking System Might Be In Worse Shape

Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

Click here to sign up for our free weekly e-newsletter.

Comments

Back to all articles

More from this Author

Something Strange Is Happening Inside European Banks

Oil Markets Just Sparked A Worldwide Financial Panic

Canada Sends Huge Warning & Its Spreading To The Rest Of The World