tightened too much. indeed, suggests that we still have work to do. if you ever find an airline pilot said it worked with the federal reserve, get off that aircraft. the 16th largest u.s. bank chanced today and took a nervous stock market with it. the latest talk is that this might pause the federal reserve in this latest interest rate hike cycle. the betting seems to be when they gather next week, maybe no rate hike, period. neil: one year, can you believe it? a year ago today it all started. eight interest rate hikes later, the federal reserve must decide whether next week it should make it a ninth. even as credit swiss is receiving a $54 billion life line to keep it going. news hoff a $30 billion rescue for a bank, first republic. that helped stocks rebound. we re tracking it all, this incrediblier and where we stand now from main street to wall street, from the federal reserve to capitol hill to the white house as well. with rich and robert on what could be the ne
yes, it s getting tougher and tougher. and maybe as a result of all of the band aids applied in the last week or so, the feds will say more restrictions, higher capital commitments and that will cause smaller banks to say i can t make it anymore. neil: bob, let me ask you about what robert kiyosaki was saying. he doesn t like stocks but hard assets, silver, gold, because stocks will go in to a long winter here. do you agree with that? i don t think we ve seen the bear market bottom as you and i have talked before, neil. i m not this doomsday that we re going to go down forever. i want my clients to have gold in their portfolio or something like that. stocks, once we get through the adjustment from the banking problems, figure out how low earnings are going to go, are we going to have a recession? this is a process of months. the fed is not finished fighting inflation.