
Episode 556 • • 41:38 - 45:56
556: Vape like a Ninja
Comprehensive Capital Analysis, Debt Limit Bluff
The Federal Reserve is conducting its annual Comprehensive Capital Analysis and Review (CCAR) to test bank resilience against economic stress. Amidst the U.S. debt ceiling crisis, Jamie Dimon warned that a default would threaten the global recovery and the "repo market" shadow banking system. John C. Dvorak argues the entire political standoff is a bluff by both parties to gain media attention and manipulate market movements for profit.
