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Thank you, Paul. Appreciate your kind words!

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Solid as usual Sri! Enjoyed your Real Vision interview yesterday, I always learn when you're on. Thank you!

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Well, as a supervisor of the banking system someone must have explained to him that the system is much less capitalized than he thinks if the hidden losses in HTM holdings were fully uncovered. So first life aid on the asset side of troubled regional banks and the the funding cost will be fixed as well. Then comes Yellen than next year has to do some serious funding and as the worst Treasurer in the US history she finds herself with an extremely short duration...not pretty for an already ballooning budget deficit. Guess this explains the pivoting.

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Well said, Daniele! With interest cost soaring, Yellen clearly needs Powell’s help.

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Yep, keeping the punch bowl topped off.

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