Fed stress tests just dropped — large banks passed clean.

Fed stress tests just dropped — large banks passed clean.

The Federal Reserve's annual stress test is in. Result: large banks are well positioned to weather a severe recession, lending to households and businesses stays intact. Capital buffers held. No forced dividend cuts signaled. No surprises. That's a quiet win for the sector.

Separately, Federal Home Loan Bank of Indianapolis filed an 8-K with the SEC. Regulatory disclosure. Still being parsed — we'll flag anything material when it surfaces.

Now here's where it gets interesting. A clean stress test doesn't move markets on its own — but it does pull one uncertainty overhang off the table for the big bank names. Sentiment in regionals tends to follow. Watch how that trades into the session.

One more signal on the board today: BitMEX token down ninety percent after the exchange announced it's shutting down. That's not a dip — that's a tombstone. Crypto exchange collapses don't happen in a vacuum. If you're holding anything with thin liquidity and centralized counterparty risk, this is your reminder that counterparty risk is real and it reprices fast.

No buy or sell calls from me. You've got the facts. You know what to do with them.

Numbers don't lie. People do. Trade accordingly.