26. S01:E21 – The Fed is Killing the Banks

  SEASON 01 – EPISODE 21 Welcome back to Milkshakes, Markets, & Madness where we invite you to share a laugh with us each week as we discuss our favorite Twitter tantrums and the madness of financial markets. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page THE FED IS KILLING THE BANKS The Fed hikes again bringing their overnight lending rate (Fed Funds) to 5.00 – 5.25%. Meanwhile, more banks fail, gold pulls back, and stocks rally on a stronger than expected NFT employment report. It’s just another Groundhog Day in the world of “violently sideways” and The Duo covered enough topics this week to stuff a sandwich. Just make sure you wash it all down with a Milkshake. Learn more on the latest Milkshakes, Markets, and Madness Show. https://youtu.be/_H7nuk1AZR0 —————– CHAPTERS —————– 00:00 – Disclaimer 00:23 – Video intro (Short) 00:49 – About the show 01:31 – Volatility Sandwich 02:26 – Rate hike reactions 03:25 – Employment data reactions 04:36 – Powell vs. PacWest 05:39 – The Fed serves their masters 07:28 – The long and short of Gold 12:42 – Scratching the trader itch 15:26 – More downside risk for Gold 17:11 – Hot or not (Inflation) 20:31 – The dollar and the debt ceiling 23:34 – bank blow-ups are dollar bullish 25:04 – The next liquidity cycle 29:22 – Just do … nothing 31:00 – Salutations 31:42 – Outro / Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week. For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all. —————————— JOIN THE MADNESS —————————— Share your thoughts with a comment on the YouTube Channel and hit the SUBSCRIBE button while you are there! Join us each week for another episode, released every Saturday morning Eastern Standard Time. Until then, don’t be bashful, share with us any madness you come across during the week. —————————— CONNECT WITH US ——————————