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XJO - Bear Posts only (Factors which might cause the markets to fall), page-15044

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J.S.Mill

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15/03/24

14:46

Post #: 72907174
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Originally posted by kacy: ↑

Thanks for that J.S. - very interesting. Based on that there might be 2 or 3 bank failures?

Based on market movements recently, I get the impression that Biden does not want the market to go down and still has his wall st chronies working on it. According to this video Biden has setup a "Blank Cheque Company" to buy the failed banks? They have already done this with all the home loan defaults with Fannie May (see here) - to hide the subprime crisis that is going on and it seems to be working.

So, the market remains hard to predict because of all the politically motivated "behind the scene" manipulation that is going on.

(BTY, the real reason why they want to kill, or takeover TickToc is to increase their control of the "narrative".)

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yes ... Wells fargo with $145 billion ,21%, of loans in Commercial real estate would have to be worried, even with 1.9 trillion total assets.

XJO Value at posting: 7,652.2
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