Times are definitely changing, specifically with banks. This upcoming week will bring us multiple earnings releases for banking institutions and what should be a devasting CPI report from the Federal Reserve. When looking at the banks I seem to take a second take on the Non-borrowed reserves. Is this indicating that the banks have 0 cash and assets?

Review this: http://www.federalreserve.gov/releases/h3/

After looking at the historical data, we've never seen minus figures under the non-borrowed columns and it seems like the Fed keeps on injecting money to keep things a float. My guess is that the banks will report much lower then forecasts and we will start seeing a historical shift in the financial markets.

I'm short on all US banks and short on the US dollar.