‘Credit availability is going to be a major concern for businesses’

People are moving money from banks to money market funds due to high interest rates This means banks will have less money to lend and they will be more careful with who they lend to Credit availability is going to be a major concern for businesses pic.twitter.com/QaR7CLAtM4 — Bravos Research (@bravosresearch) August 29, 2023 Financial …

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Bizarro World! Case-Shiller National Home Price Index Flat For June, But SF Falls -9.7% YoY And Seattle Falls -8.8% While Chicago And Cleveland Lead The Nation!

by confoundedinterest17 The US housing market is truly bizarro world! San Francisco and Seattle are down near 10% year-over-year (YoY) while Chicago and Cleveland lead in price gains. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported 0.0% annual change in June, up from a loss of …

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Idalia Now a Hurricane – Expected to Rapidly Intensify. FL Under Widespread STATE OF EMERGENCY

BULLETIN Hurricane Idalia Advisory Number 11 NWS National Hurricane Center Miami FL AL102023 400 AM CDT Tue Aug 29 2023 …IDALIA NOW A HURRICANE… …EXPECTED TO RAPIDLY INTENSIFY INTO AN EXTREMELY DANGEROUS MAJOR HURRICANE BEFORE LANDFALL ON WEDNESDAY… https://www.nhc.noaa.gov/text/refresh/MIATCPAT5%20shtml/290856.shtml With an inner core now present, the stage is set for Idalia to rapidly intensify before …

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The recession hasn’t even started, and we’re seeing massive weakness worldwide and government struggling.

Keep in mind: Liquidity matters! pic.twitter.com/Umk4CilqDY — Holger Zschaepitz (@Schuldensuehner) August 28, 2023 ⚠️ 𝗙𝗥𝗘𝗡𝗖𝗛 𝗖𝗢𝗡𝗦𝗨𝗠𝗘𝗥𝗦 𝗠𝗔𝗦𝗦𝗜𝗩𝗘𝗟𝗬 𝗖𝗨𝗧𝗧𝗜𝗡𝗚 𝗘𝗦𝗦𝗘𝗡𝗧𝗜𝗔𝗟 𝗣𝗨𝗥𝗖𝗛𝗔𝗦𝗘𝗦, 𝗖𝗔𝗥𝗥𝗘𝗙𝗢𝗨𝗥 𝗖𝗘𝗢 𝗪𝗔𝗥𝗡𝗦 Full Story → https://t.co/zME1YTyaFi "We are seeing a non-spending tsunami in France." pic.twitter.com/ObkiNwVLaA — PiQ (@PiQSuite) August 29, 2023 CHINA BANKS WEIGH FURTHER DEPOSIT RATE CUTS TO BOOST GROWTH. — FinancialJuice (@financialjuice) …

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A nasty risk off move is imminent

By Graham Summers, MBA Ever since the U.S. abandoned the Gold Standard in 1971, U.S. debt, also called Treasuries have become the bedrock of our financial system. Put in the very simplest of terms, Treasuries are the senior most asset class, with their yields representing the “risk free” rate of return against which all risk …

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Fiscal easing precedes monetary stimulus, the snowball is beginning to build and the slope is quite steep

So many economies around the world are in completely opposite situations. Some central banks are cutting rates, some are pausing, and others are hiking. The next few months are going to be really interesting. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 28, 2023 Eurozone credit growth …

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Short-term bond market realizes the reality of higher for longer; This is not a “Soft Landing” environment…

2/ Recent market dynamics show a consensus for the "soft landing" narrative, spurred by a strong consumer base and a resilient labor market But, a deeper dive reveals emerging consumer weaknesses & the pivotal role H2 2023 should play in the unemployment landscape — Bravos Research (@bravosresearch) August 28, 2023 4/ Indeed, compared to the …

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Livin’ La Vida Bidenomics! US Conforming Mortgage Rate Up 161% Under Biden, Home Prices UP 26%, Real Median Weekly Earnings DOWN -5%

by confoundedinterest17 We are livin’ la vida Bidenomics! The 30-year conforming mortgage rate is currently 7.23%, up 161% under Biden and Bidenomics (code for massive Federal spending on green initiatives that go to large Democrat donors and Ukrainian oligarchs). Meanwhile, M2 Money supply is up 9.4% under Biden. At the same time. home prices are …

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National Hurricane Center Forecasts Idalia to Rapidly Intensify and Hit FL as a Major Hurricane

Tropical Storm Idalia Discussion Number 7 NWS National Hurricane Center Miami FL AL102023 400 AM CDT Mon Aug 28 2023 https://www.nhc.noaa.gov/text/refresh/MIATCDAT5%20shtml/280859.shtml Over the Gulf of Mexico, the environment is forecast to become conducive for significant strengthening of Idalia due to a new trough dropping south over the western Gulf of Mexico as a upper-level ridge …

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A default cycle has started… The last pump before the coordinated rug pull?

A default cycle has started, but market doesn’t see it yet. https://t.co/fI4VTaArqo — Samantha LaDuc (@SamanthaLaDuc) August 28, 2023 The last pump before the coordinated rug pull. https://t.co/WQKCi7fW3U — Financelot (@FinanceLancelot) August 28, 2023 China’s Debt Problm Could Trigger a Financial Crisis, Analyst Says China’s Worsening Economic Slowdown Is Rippling Across the Globe Policymakers are …

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It is the least affordable to buy car, house, food ever

The average monthly payment for a new-car loan hit $733 in this year’s second quarter, compared with $562 in 2019, according to Edmunds. pic.twitter.com/G2JwxDSjo7 — unusual_whales (@unusual_whales) August 28, 2023 https://twitter.com/diegosegui9424/status/1695894948929749441 According to the affordability index, we are officially in the least affordable housing market ever. Median new mortgage payments are nearing $3,000/mo and rents …

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Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports, which cited insiders at the bank.

by Dismal-Jellyfish Source: https://www.reuters.com/business/finance/credit-suisse-posted-4-billion-loss-2q-sonntagszeitung-2023-08-27/ Credit Suisse, which is now a subsidiary of UBS (UBSG.S), posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report in the Sonntagszeitung, which cited insiders at the bank. Spokespersons for UBS and Credit Suisse declined to comment. Credit Suisse had already …

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The system is rigged. Banks got you by the B*lls!

by AC I’ve got a splinter in my mind that’s driving me nuts, and it’s about banks, interest rates, and inflation.So back in 2008, banks and insurance companies were negligent, greedy, and irresponsible and almost crashed the global economy to the point where tax payers had to bail them out for fear that it would …

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Well, the difference between a “conspiracy theory” and reality is now less than 2 weeks.

A Ukrainian state-affiliated company’s multimillion dollar bribe to the Biden family is a likely reason reason why President Biden is now otherwise inexplicably showering Ukraine with hundreds of billions of US taxpayer dollars. “Bribery” is one of the explicit bases for impeachment specified in Article II, Section 4 of the U.S. Constitution – far more …

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Blacks for Trump – A MESSAGE TO THE AMERICAN PEOPLE!!! LISTEN UP!!!

Blacks for Trump – A MESSAGE TO THE AMERICAN PEOPLE!!!LISTEN UP!!!👀 #BlacksForTrump #DonaldTrump #TrumpMugShot #Trump2024 #PresidentTrump #TrumpArrest #TrumpIndictment #MAGA2024 pic.twitter.com/ancHLQavrR — Human Dilemma (@HumanDilemma_) August 26, 2023 Donald Trump just changed politics forever. Hip-Hop and the people that control it are one. This is biblical, Dear White Liberals, it’s over for you Niggas. pic.twitter.com/mU5K9yPAwt — …

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The Black Population wants Trump

Democrats F***ed Around They’re about to find out… pic.twitter.com/LLqP8Q7jaM — Benny Johnson (@bennyjohnson) August 25, 2023 🔥🚨DEVELOPING: President Trump pulled up to the hood after he left the Fulton County Jail yesterday. The hood was showing major love to President Trump. The media can no longer hide it. pic.twitter.com/2NH46HpbnR — Dom Lucre | Breaker of …

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CNN Fear&Greed index plummeting right on schedule for September/October crisis expected by some.

by mark000 https://edition.cnn.com/markets/fear-and-greed Has dropped from 83 five weeks ago to 44 today. Global: market crash + financial system crisis + economic depression approaching. Or worse…… Bulls, is this a good idea? You can't always tell. pic.twitter.com/mPetdsVxxi — Mac10 (@SuburbanDrone) August 25, 2023 He got away with it last time. pic.twitter.com/s4gHCrrUFw — Mac10 (@SuburbanDrone) August …

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Bidenomics, It’s Working!

More Americans Are Having A Hard Time Paying Their Big Credit Card Bills. “This raises an important question: what happens when consumers max out their credit cards?” Since price inflation took off in the wake of pandemic-era stimulus, Americans have blown through their savings and run up their credit cards to make ends meet. Now they’re …

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Wikipedia is already stating this is caused by heatwaves

by UniversalSurvivalist Wikipedia’s main entry blames high temperatures and heatwaves for the wildfires: Since 17 July 2023, multiple wildfires have started in Greece. They have resulted in at least 35 deaths and injured more than 20 people, with over 80 wildfires being recorded. High temperatures have reached 41.0 °C (105.8 °F), with highs anticipated to reach 45.0 °C (113.0 °F) in …

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Household Essentials Cost Far More Under Bidenomics! Gasoline Prices Up 72%, Rent Of Primary Residence Up 16%, Food At Home Up 20% Under Biden! (30Y Mortgage Rate UP 163% Under “Middle Class Joe”)

by confoundedinterest17 Middle class Joe my ^%&! Joe Biden will always be remembered for lying about never raising taxes on households making under $400,000. Inflation is a permanent tax, mostly on those making under $400,000 per year. And household essentials are up substantially under Biden: gasoline prices are up 72%, rent CPI of Primary Residence is …

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He’s Baaack, and He’s Gunning for Revenge. The (Mug) Shot Heard Around the World

https://t.co/MlIKklPSJT pic.twitter.com/Mcbf2xozsY — Donald J. Trump (@realDonaldTrump) August 25, 2023 THEY IMPEACHED HIM THEY WENT AFTER HIS FAMILY THEY BANNED HIM FROM ALL SOCIAL MEDIA PLATFORMS THEY FILLED FAKE CHARGES AGAINST HIM THEY ARRESTED HIM AND HIS ALLIES NOW DONALD TRUMP IS BACK ON X WITH NOTHING TO LOSE THEY AREN’T PREPARED FOR WHAT’S COMING …

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EU mandates immediate removal of hate speech and misinformation [determined by government] from all platforms

https://twitter.com/balancealways/status/1694971642760303026 https://twitter.com/_Escapekey_/status/1694978363889177057 🔥 @RobertKennedyJr Calls Network Television FAKE NEWS to the Face of an NBC News Correspondent "I do not believe anything that I see on network television at this point because I think it's all distorted by agendas." pic.twitter.com/JrjoOxMXDU — The Vigilant Fox 🦊 (@VigilantFox) August 24, 2023 200M views. Tucker vs. Trump is …

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Credit Card Loans Delinquency Rate Highest in 10 years – The “resilient consumer” is slowly but surely closing in on the cliff

Delinquency Rate on Credit Card Loans, All Commercial Bank. The “resilient consumer” choochoo train is slowly but surely headed towards the cliff. We have been saying it almost forever, but the train is closing in slowly for the big crash. NORDSTROM: “.. we have seen delinquencies rising gradually and they are now above pre-pandemic levels, …

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LOOTING Surges in Argentina As INFLATION TOPS 100%… Sounds like America too

CNN: "Americans have burned through nearly ALL the savings they built up during the pandemic" pic.twitter.com/bq39obvDvM — RNC Research (@RNCResearch) August 24, 2023 $300,000 of merchandise was stolen during a single mass looting event in Glendale, CA this week As of this post, no arrests have been made pic.twitter.com/yqdlHmjlWP — End Wokeness (@EndWokeness) August 11, …

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