Contradictory Statements on the Health of the Banking Sector

9
7
Favorite

Contradictory Statements on the Health of the Banking Sector

Kon How
2023-03-29

Janet Yellen and Jerome Powell gave seemingly contradictory statements on the health of the banking sector.

Jerome Powell said in the central bank’s post-meeting press conference that:

“all depositors’ savings are safe.”

Janet Yellen testified Wednesday before a Congressional committee that she:

“wasn’t considering a guarantee of all deposits.”

“It kind of reeks of a lack of leadership from the people we need leadership from,” says Matthew Tuttle, CEO and CIO of Tuttle Capital Management. “They’ve got to get their story straight.”

Expect more volatility ahead. $SVB Financial Group(SIVBQ)$

Follow me to learn more about analysis!!

# Macro Trend

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（7）

Top
Latest

longLong
·2023-04-01
[微笑]
Reply
Like
Report
大黑黑
·2023-03-29
666
Reply
Like
Report
Venus888
·2023-03-29
ok
Reply
Like
Report
R Lim
·2023-03-29
ok
Reply
Like
Report
Kundos
·2023-03-29
ok
Reply
Like
Report
CyberGuard
·2023-03-29
[Like]
Reply
Like
Report
WayneSing
·2023-03-29
h
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9941122540,"tweetId":"9941122540","gmtCreate":1680068143880,"gmtModify":1680068149904,"author":{"id":3542761173255251,"idStr":"3542761173255251","authorId":3542761173255251,"authorIdStr":"3542761173255251","name":"Kon How","avatar":"https://static.tigerbbs.com/d6c7a3cebab4301c9e8f783dcc6b7ba6","vip":8,"userType":8,"introduction":"Weipedia - Connecting The Dots","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":750,"starInvestorFlag":false},"themes":[{"themeId":"4143db0c6a084fb6bb4cba1db09bcbb5","categoryId":"7cf744760f454845a1870a05ea4e151d","name":"Macro Trend","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":4143db0c6a084fb6bb4cba1db09bcbb5}&rnconfig={\"headerBarHidden\": true}","description":"Monetary policy, various types of price indices... Here is everything about the macro economy!","image":"https://static.tigerbbs.com/b92fcdcbb675f48af67c8cfbd53f43a3"}],"images":[{"img":"https://community-static.tradeup.com/news/71e63a16da499c14012e6a52cd5821b7","width":"500","height":"261"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/71e63a16da499c14012e6a52cd5821b7","width":"500","height":"261"}],"title":"Contradictory Statements on the Health of the Banking Sector","html":"<html><head></head><body>Janet Yellen and Jerome Powell gave seemingly contradictory statements on the health of the banking sector.Jerome Powell said in the central bank’s post-meeting press conference that:“all depositors’ savings are safe.”Janet Yellen testified Wednesday before a Congressional committee that she:“wasn’t considering a guarantee of all deposits.”“It kind of reeks of a lack of leadership from the people we need leadership from,” says Matthew Tuttle, CEO and CIO of Tuttle Capital Management. “They’ve got to get their story straight.”Expect more volatility ahead. <a data-mention-id=\"SIVBQ\" class=\"teditor-mention\" data-mention-name=\"SVB Financial Group\" href=\"https://ttm.financial/S/SIVBQ\">$SVB Financial Group(SIVBQ)$</a> <img src=\"https://community-static.tradeup.com/news/71e63a16da499c14012e6a52cd5821b7\" tg-width=\"500\" tg-height=\"261\">Follow me to learn more about analysis!!</body></html>","htmlText":"<html><head></head><body>Janet Yellen and Jerome Powell gave seemingly contradictory statements on the health of the banking sector.Jerome Powell said in the central bank’s post-meeting press conference that:“all depositors’ savings are safe.”Janet Yellen testified Wednesday before a Congressional committee that she:“wasn’t considering a guarantee of all deposits.”“It kind of reeks of a lack of leadership from the people we need leadership from,” says Matthew Tuttle, CEO and CIO of Tuttle Capital Management. “They’ve got to get their story straight.”Expect more volatility ahead. <a data-mention-id=\"SIVBQ\" class=\"teditor-mention\" data-mention-name=\"SVB Financial Group\" href=\"https://ttm.financial/S/SIVBQ\">$SVB Financial Group(SIVBQ)$</a> <img src=\"https://community-static.tradeup.com/news/71e63a16da499c14012e6a52cd5821b7\" tg-width=\"500\" tg-height=\"261\">Follow me to learn more about analysis!!</body></html>","text":"Janet Yellen and Jerome Powell gave seemingly contradictory statements on the health of the banking sector. Jerome Powell said in the central bank’s post-meeting press conference that: “all depositors’ savings are safe.” Janet Yellen testified Wednesday before a Congressional committee that she: “wasn’t considering a guarantee of all deposits.” “It kind of reeks of a lack of leadership from the people we need leadership from,” says Matthew Tuttle, CEO and CIO of Tuttle Capital Management. “They’ve got to get their story straight.” Expect more volatility ahead. $SVB Financial Group(SIVBQ)$ Follow me to learn more about analysis!!","highlighted":1,"essential":1,"paper":2,"likeSize":9,"commentSize":7,"repostSize":3,"favoriteSize":0,"link":"https://ttm.financial/post/9941122540","repostId":0,"isVote":1,"tweetType":1,"viewCount":467,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SIVBQ"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":541,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106184779,"commentId":"106184779","gmtCreate":1680323370420,"gmtModify":1680323373771,"authorId":3568455935515544,"author":{"id":3568455935515544,"idStr":"3568455935515544","authorId":3568455935515544,"name":"longLong","avatar":"https://static.tigerbbs.com/48a9b66d89737d1f232d325dad6b0027","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941122540,"objectIdStr":"9941122540","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"[微笑]","text":"[微笑]","html":"[微笑]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106163935,"commentId":"106163935","gmtCreate":1680069183703,"gmtModify":1680069186959,"authorId":3587038302345728,"author":{"id":3587038302345728,"idStr":"3587038302345728","authorId":3587038302345728,"name":"大黑黑","avatar":"https://static.tigerbbs.com/086c5bbf7dc482ac40a55173cf795941","vip":1,"hat":"https://static.tigerbbs.com/46b6808e1ba3716fb9c53339adffa3c5","crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941122540,"objectIdStr":"9941122540","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"666","text":"666","html":"666","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106163903,"commentId":"106163903","gmtCreate":1680068611316,"gmtModify":1680068614654,"authorId":3572313172431959,"author":{"id":3572313172431959,"idStr":"3572313172431959","authorId":3572313172431959,"name":"Venus888","avatar":"https://static.tigerbbs.com/2eb10c539f367e4d8f1ae8ddf081bfdf","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941122540,"objectIdStr":"9941122540","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106163900,"commentId":"106163900","gmtCreate":1680068590947,"gmtModify":1680068594201,"authorId":3581634125853828,"author":{"id":3581634125853828,"idStr":"3581634125853828","authorId":3581634125853828,"name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941122540,"objectIdStr":"9941122540","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106163898,"commentId":"106163898","gmtCreate":1680068583757,"gmtModify":1680068587002,"authorId":4093470092873140,"author":{"id":4093470092873140,"idStr":"4093470092873140","authorId":4093470092873140,"name":"Kundos","avatar":"https://community-static.tradeup.com/news/ce1a3c71cbcd8d00d16dfeac879fe818","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941122540,"objectIdStr":"9941122540","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106163879,"commentId":"106163879","gmtCreate":1680068500487,"gmtModify":1680068503835,"authorId":4103093321755850,"author":{"id":4103093321755850,"idStr":"4103093321755850","authorId":4103093321755850,"name":"CyberGuard","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941122540,"objectIdStr":"9941122540","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"[Like]","text":"[Like]","html":"[Like]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106163878,"commentId":"106163878","gmtCreate":1680068497348,"gmtModify":1680068500806,"authorId":3584427442291849,"author":{"id":3584427442291849,"idStr":"3584427442291849","authorId":3584427442291849,"name":"WayneSing","avatar":"https://static.tigerbbs.com/9ba5be2ddf8347d41eed59a863adfe57","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9941122540,"objectIdStr":"9941122540","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"h","text":"h","html":"h","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}