ANALYSIS – Is Trump regretting his VP pick? Will Trump tell Vance he is “fired”? When former President Donald Trump selected J.D. Vance as his vice presidential candidate soon after surviving an assassination attempt, some called the choice bold and a doubling down on Trumpism.
I said he could help Trump make his case in 2024 and be the GOP standard bearer in 2028. Still, I also said I would have preferred Trump had picked a woman, and that I had some reservations about Vance as VP, including his youth and inexperience.
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Will Trump Dump JD Vance?
ANALYSIS – Is Trump regretting his VP pick? Will Trump tell Vance he is “fired”? When former President Donald Trump selected J.D. Vance as his vice presidential candidate soon after surviving an assassination attempt, some called the choice bold and a doubling down on Trumpism.
I said he could help Trump make his case in 2024 and be the GOP standard bearer in 2028. Still, I also said I would have preferred Trump had picked a woman, and that I had some reservations about Vance as VP, including his youth and inexperience.
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There was plenty of excitement in the financial world over the weekend, with a government-brokered merger between two Swiss banks and continued worries about the soundness of the U.S. banking system.
Much of this news flies right over the heads of most people – and for good reason. According to (admittedly lagging) Federal Reserve data about the average size of Americans' bank accounts, the vast majority of individual accounts are fully FDIC-insured. Does that mean problems won't erupt at Bank A or Bank B? Of course not. Banks can and do fail, more often than not during times of wider economic distress. (RELATED: Yellen: Banking System ‘Sound' But Not All Deposits Guaranteed)
Naturally, this leads some people to discuss what sort of Black Swan events may be lurking out there in the financial wilderness, waiting for the right nudge to unleash market mayhem.
No one, who's honest, knows what it may be. But there is one thing we do know for certain about Black Swans: a group of them on the ground isn't a “flock.”
It's a “bank.”
The opinions expressed in this article are those of the author and do not necessarily reflect the positions of American Liberty News.
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