The Fed just dropped two hard dates.
The Fed just dropped two hard dates. Write them down. Two items off the Federal Reserve wire.
Transcript
The Fed just dropped two hard dates. Write them down.
Two items off the Federal Reserve wire.
First — enforcement actions against a former Atlantic Union Bank employee and a former Frost Bank employee. No dollar figures. Personnel actions, not institutional penalties. Watch both tickers for any follow-through.
Second — and this one matters more — stress test results hit Wednesday, June 24th, 4 p.m. Eastern. That's the hard date. Major bank names move on stress test day. They always do.
June 24th. 4 p.m. Eastern. That's your line in the sand.
No rate decisions. No balance sheet shifts. One enforcement action, one calendar confirmation. Clean tape. Know what's coming.
Numbers don't lie. People do. Trade accordingly.