The BANK meltdown just got worse, entire system downgraded to NEGATIVE | Redacted w Clayton Morris
"Are all U.S. banks in trouble because some of them are? That is what Moody’s thinks. Moody’s Investors Service announced that it cut its outlook on the entire U.S. banking system from “stable” to “negative.” Yikes.
This is a rare admission that the U.S. banking system is fundamentally intertwined. Moody’s says that even banks that have not failed still have “unrealized losses” and “uninsured depositors” that may be at risk.
Yet somehow the U.S. stock market rallied on Tuesday, perhaps because the U.S. inflation number was the lowest we’ve seen in a year at 6%."
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About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else is telling. Along with the facts and the full picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton’s extensive journalism experience, he isn’t afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives.
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