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General Discussion

Stinky The Clown

(67,819 posts) Thu Jan 21, 2021, 03:21 PM Jan 2021

4

I heard an interesting leading indicator story on Stephanie Ruhle's show this morning

A guest she had on reported that banks, without fanfare, have cut back dramatically on the money they're squirreling away to cover losses. They expect to stop in about 6 months or so.

The implication is they think the economy will be better by then. Not the stock market. The economy.

I'm sorry, I did not get the guy's name who was saying this but he's one of her financial reporter buddies.

6 replies

= new reply since forum marked as read

Highlight:

I heard an interesting leading indicator story on Stephanie Ruhle's show this morning (Original Post) Stinky The Clown Jan 2021 OP

Andrew Ross Sorkin...New York Times,Columnist & Editor. Deuce Jan 2021 #1

Thanks. I just googled him and saw a picture. Yeah, that's him. Stinky The Clown Jan 2021 #4

Which coincide with about the time vaccines really have an impact... Happy Hoosier Jan 2021 #2

Maybe they are counting on Mitch's zer0 liabilty clause getting in the recovery bill librechik Jan 2021 #3

Not sure I see the connection to the story I'm citing. Stinky The Clown Jan 2021 #5

Is not Stephie's Hubby a Wellstone ruled Jan 2021 #6

Deuce

(959 posts)

1. Andrew Ross Sorkin...New York Times,Columnist & Editor.

Reply to Stinky The Clown (Original post)

Thu Jan 21, 2021, 03:27 PM

Jan 2021

Stinky The Clown

(67,819 posts)

4. Thanks. I just googled him and saw a picture. Yeah, that's him.

Reply to Deuce (Reply #1)

Thu Jan 21, 2021, 03:33 PM

Jan 2021

Happy Hoosier

(7,406 posts)

2. Which coincide with about the time vaccines really have an impact...

Reply to Stinky The Clown (Original post)

Thu Jan 21, 2021, 03:31 PM

Jan 2021

We'll definitely see an improvement about then, but some damage is deep. Joe and Kamala have a helluva task.

librechik

(30,677 posts)

3. Maybe they are counting on Mitch's zer0 liabilty clause getting in the recovery bill

Reply to Stinky The Clown (Original post)

Thu Jan 21, 2021, 03:33 PM

Jan 2021

can big business ever pay for their own liabilties???

Stinky The Clown

(67,819 posts)

5. Not sure I see the connection to the story I'm citing.

Reply to librechik (Reply #3)

Thu Jan 21, 2021, 03:34 PM

Jan 2021

Wellstone ruled

(34,661 posts)

6. Is not Stephie's Hubby a

Reply to Stinky The Clown (Original post)

Thu Jan 21, 2021, 04:16 PM

Jan 2021

Banker at Goldman?

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