Goldman CEO warns of massive -$400 million losses in Q3 as it unwinds consumer business

Citi: pic.twitter.com/qRIJKv8LZt — The Coastal Journal (@1CoastalJournal) September 9, 2024 Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a …

READ MORE

Four-trillion dollar wipeout… BofA warns do not buy this dip in Tech stocks, buy safe haven stocks instead.

Four-Trillion Dollar Wipeout pic.twitter.com/00Zrvuk1cj — Win Smart, CFA (@WinfieldSmart) September 9, 2024 We are witnessing rate cut FOMO in Lehman week. Because nothing could go wrong. pic.twitter.com/S9S5aTPXVN — Mac10 (@SuburbanDrone) September 9, 2024 The copper/gold ratio is a leading economic indicator. pic.twitter.com/BUP6JA8qpC — Mac10 (@SuburbanDrone) September 9, 2024 Last week had the highest five day …

READ MORE

DEBATE PREVIEW: Philadelphia Set For High-Stakes Debate Between Kamala And Trump … LIVE Tuesday Starting 9pm EDT

Philadelphia, the birthplace of U.S. independence, will be the focal point as Kamala and Trump face off in a crucial televised debate. Police are preparing for protests, with demonstrations planned by pro-Palestinian groups upset over Kamala’s support of Israel. Barricades are in place around the National Constitution Center, where the debate will take place, and …

READ MORE

We are screwed. Cutting rates is not going to be good.

The Fed is now playing with fire: Cut interest rates = Asset bubbles form Keep rates same = Severe recession unfolds This is a policy mistake in the making pic.twitter.com/873iqKepEN — Bravos Research (@bravosresearch) September 9, 2024 The equity market rally may stall near record highs even if the Federal Reserve starts a highly anticipated …

READ MORE

Gasoline at its lowest price since 2021. Disinflation has broadened. All commodities (obviously ex-Gold) pricing in a hard landing?

BREAKING 🚨: Gasoline Gasoline at its lowest price since 2021 ⛽️ pic.twitter.com/haxWbzL6WA — Barchart (@Barchart) September 9, 2024 Disinflation has broadened. via BofA Juneau pic.twitter.com/IB5f6kWZOU — Daily Chartbook (@dailychartbook) September 9, 2024 All commodities (obviously ex-Gold) pricing in a hard landing? Performance since 20th May which was the high for many of them (mainly copper) …

READ MORE

Fed Beige Book Conditions Are Worse Now Than the Start of the Great Recession

by Mike Shedlock Let’s compare current Beige Book conditions to those at the beginning of the Great Recession. Beige Book January 2008 Let’s take a look at the Fed’s Beige Book Summary of Economic Conditions in the 12 Fed districts in January of 2008. The Great Recession had begun. Reports from the twelve Federal Reserve Districts suggest …

READ MORE

Does Anyone Else Smell a Market Crash in the Air?

Authored by Charles Hugh-Smith via oftwominds, Markets are manipulated, yes, but they’re still structures of tightly bound, self-organizing complexity which lend themselves to sudden non-linear collapses. Just as thunderstorms scent the air before their arrival, market crashes often announce themselves in the autumn zephyrs. Markets don’t crash when everyone’s in full-blown panic; they crash when the …

READ MORE

Most People Have No Idea That “The Summit Of The Future” Will Create “UN 2.0” On September 22nd And 23rd

by Michael The UN wants much more control over global affairs, and “the Pact for the Future” which is scheduled to be adopted during “the Summit of the Future” that will be held on September 22nd and 23rd will go a long way toward making that a reality.  But even though “the Summit of the …

READ MORE

NBC New York: Long Island families receive letters saying dead relatives just registered to vote

Long Island families are demanding answers after a batch of letters were sent out stating that their dead relatives had just registered to vote. The messages allegedly come from campaign offices, but elected officials say they get info from the state Board of Elections, which is disputing the claim. NBC New York’s Pei-Sze Cheng reports. …

READ MORE

Truck Owner Steals Repo Truck with His Own Truck in Tow and Destroys Both and More

REPO MAN: Brooklyn New York, an Italian dude, not letting you get his truck. Keep up the payments. pic.twitter.com/LhqrD9rXwL — Cornbread Mafioso 🖕🏾 (@Soulful1865) September 7, 2024 Another view pic.twitter.com/OTjQ2UifsT — Cornbread Mafioso 🖕🏾 (@Soulful1865) September 7, 2024 Another angle 🤣 pic.twitter.com/BOPdtRgjUP — Baiden (@acquahbaiden) September 8, 2024 Here’s another view. What an idiot. pic.twitter.com/wmR7xryTbf …

READ MORE

Billions Being Pumped Into Unproven “Climate Solutions”

via Felicity Bradstock Billions of dollars in government subsidies are being directed towards unproven “climate solutions” such as carbon capture and storage (CCS) and carbon offset schemes. Studies suggest that these technologies often fail to deliver on their promises and may even prolong fossil fuel production. Experts criticize the overreliance on these solutions and call …

READ MORE

UK’s legal regulator to impose new diversity and inclusion duty + New law in Scotland threatens seven years in JAIL if you misgender

Tweet reads: Tomorrow on @GBNEWS I’m going to expose the chilling far-left takeover of our justice system. Soon the bar will require all lawyers to ‘act in a way that advances equality, diversity and inclusion’. This is a NUCLEAR attack on freedom of speech and a fair and free legal system. The BSB, the UK’s …

READ MORE

If this global selloff continues next week, it will be MOAC – Mother of All Clusterfucks. Powell falling downstairs juggling pies.

If this global selloff continues next week, it will be MOAC – Mother of All Clusterfucks. Powell falling downstairs juggling pies. pic.twitter.com/63u4m6hQ2N — Mac10 (@SuburbanDrone) September 6, 2024 That's the week. It was the worst week for Tech stocks in over four years, since March 2020. This is the chart of the week: pic.twitter.com/hPLnOSFkY3 — …

READ MORE

Trump RECEIVES The Most UNLIKELY Endorsement yet… Elton John Surprises Everyone

Elton John just shocked the world by supporting Donald Trump, it’s sad we are at a point in this country where any kind of positivity makes news. It tells us what’s next. Please comment or like this video on YouTube so we can win the algo https://t.co/GNeHLEY0SM — Dom Lucre | Breaker of Narratives (@dom_lucre) …

READ MORE

Jesse Felder: We are at a major turning point

by jessefelder The macro evidence suggests we are at a major turning point. It’s the sort of thing that could precipitate a reversal in the relative performance of commodities versus stocks. On its own, the stock market already looks primed for a major shift in trend… …especially if the economy is headed for something harder …

READ MORE

Did the S&P 500 $SPY just Double Top? Slowdowns are slow by definition, until they accelerate.

#recession … #StockMarket Bubble edition https://t.co/lHgYelsKfF — Invariant Perspective (@InvariantPersp1) September 7, 2024 it's happening, eventuallyhttps://t.co/dwq13fXX78 — //Bitcoin 𝕵ack 🐐 (@bitcoinjack) September 7, 2024 Translation: SELL SELL SELL https://t.co/JuHKQDAMHq — Wall Street Mav (@WallStreetMav) September 7, 2024 “We are seeing growing signs of concern in loan performance, capital, and earnings across the system and at …

READ MORE

Massive protests erupt in Brazil, but you definitely won’t see these images on the nightly news.

Brazil. Just look at the size of the crowd of patriots. You definitely won’t be seeing these images on the nightly news. 🇧🇷 pic.twitter.com/KpDZyqa5Bi — Ian Miles Cheong (@ianmiles) September 7, 2024 pic.twitter.com/H3vxGLpXny — Catturd ™ (@catturd2) September 7, 2024 There are people currently risking fines and jaiI time to share the message of FREEDOM …

READ MORE

91L: Hurricane Likely for Houston, Thursday 9/12

Models have been honing in on this for some time. Stay tuned for updates Tropical Weather Outlook NWS National Hurricane Center Miami FL 800 AM EDT Sat Sep 7 2024 For the North Atlantic…Caribbean Sea and the Gulf of Mexico: 1. Southwestern Gulf of Mexico: A tropical wave over the Bay of Campeche is producing …

READ MORE

Nanobots in Coca-Cola, Pepsi, and other soft drinks?

I must of been in a cave… this is the first I have heard about this! (1) https://pubmed.ncbi.nlm.nih.gov/29261040/ (2) separate link from above https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8454568/ https://pubs.acs.org/doi/abs/10.1021/acs.jafc.5b04216# https://www.researchgate.net/publication/321959911_Fluorescent_nanoparticles_present_in_Coca-Cola_and_Pepsi-Cola_physiochemical_properties_cytotoxicity_biodistribution_and_digestion_studies @CocaCola has signed a contract with Bill Gates to put Nanobots in their soda…Coca Cola just lost myself and my restaurants contract…..Screw you Coke!!!! What a disgusting thing to …

READ MORE

Fed Wants Big Banks To Find BagHolders (Again)

by WhatCanIMakeToday The Federal Reserve requested comment on proposed rule to require large banks to maintain long-term debt to improve financial stability and resolution [Federal Reserve]. This might sound familiar to some of you because the Fed & FDIC tried to do the same thing last year [SuperStonk: Federal Reserve & FDIC Seeking Bag Holders] Get ready …

READ MORE

Telegram quietly updates FAQ, removing: “All Telegram chats and group chats are private amongst their participants. We do not process any requests related to them.”

Telegram has quietly updated FAQs and has removed Chat Privacy content from it. This sneaky move has raised questions if the flag-bearer of ‘Free Speech’ has bowed down to the pressures of ‘democratic France’. However, TON prices remain unfazed due to this new development and rather jumps. – Source – 𝕏 Source While that particular line was indeed …

READ MORE