Well, That’s Reassuring
By 
Don’t worry, be preemptively reassured that there is absolutely nothing to see here:
Treasury Secretary Steven Mnuchin startled financial analysts, bankers and economists on Sunday by issuing an unusual statement declaring that the nation’s six largest banks had ample credit to extend to American businesses and households.
Mnuchin made the statement on Twitter after calling the leaders of the six banks, seeking to address an issue that had attracted little concern ahead of the treasury secretary’s tweet.
The statement came hours before Asian markets were set to open and following a sharp sell-off that made last week the worst for U.S. markets in a decade. President Trump has been furious at the sell-off, and efforts by Mnuchin to inspire confidence in the market have so far failed.
Several analysts said Sunday night that his outreach to the banks and subsequent statement were likely to backfire and drive even more concern.
“Panic feeds panic and this looks like panic in the administration,” said Diane Swonk, chief economist at Grant Thornton. “Suggesting you might know something that no one else is worried about creates more unease.”
These are not very bright etc.
UPDATE:
“TURN THE MACHINES BACK ON!”
-Steve Mnuchin, from Cabo https://t.co/e7AkO0viNS— Seth Masket (@smotus) December 24, 2018