Life Insurance Confirms excess young Deaths

From the Society of Actuaries Research Institute (set the price for life policies) 2021 excess non Covid deaths 15-34 year old 21% higher 2022 last quarter excess non Covid deaths 35-44 year old 34% higher They are baffled,  

“These vulnerabilities will remain for some time.” Fitch Ratings lowered the operating environment score for U.S. banks in June to ‘aa-‘ from ‘aa’ mainly due to structural uncertainty around the path and rate of monetary tightening & gaps in in the regulatory framework.

by Dismal-Jellyfish https://www.fitchratings.com/research/banks/further-cut-to-us-bank-oper-environment-score-would-require-structural-change-17-08-2023 Fitch Ratings-New York-17 August 2023: Fitch Ratings lowered the operating environment (OE) score for U.S. banks in June to ‘aa-‘ from ‘aa’ mainly due to structural uncertainty around the path and rate of monetary tightening and gaps in in …

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PacWest going down?

by Frequent_Quail_2202 Bank of California announced that it was going to buy PacWest for an all share deal. Warburg Pincus & partners graciously offered to inject $400M at $12.30 into $BANC. Since the announcement, after the initial surge, the stock …

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They cannot prop it up forever

China Told State Banks to Escalate Yuan Intervention Chinese authorities told state-owned banks to step up intervention in the currency market this week, in a push to prevent a surge in yuan volatility, according to people familiar with the matter. …

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It’s gonna blow…

https://t.co/7cDv5xM2b6 pic.twitter.com/XprRrZNTSD — Financelot (@FinanceLancelot) August 17, 2023 Country Garden collapse sparks contagion fears as China economy tanks China’s economy is tanking. Investors are running scared. Consumers are stashing their cash. And everybody’s afraid of what Chairman Xi Jinping’s next …

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