Sliding Commercial and Industrial Loans and the Bank Term Funding Program: How the Fed’s Two-Tiered System is Distorting Idiosyncratic Risk in the Market and Setting Us on a Risky Path Towards Moral Hazard.

by Dismal-Jellyfish Reminder, while banks have the liquidity fairy, ‘we’ get the promise of 2 more rate hikes this year, Atlanta Fed President Raphael Bostic yet again enrichens himself inappropriately from his position. What I want to talk about tonight is something new–Commercial …

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What Is Happening In the U.S. Today

By Graham Summers, MBA As I’ve noted in our last two articles, the $USD has begun a significant decline against most major currencies (the Euro, the Pound and the Franc). And the only reason it is showing relative strength against …

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Tom Brady lost 30M in FTX Stock

Brady received $30 million — almost entirely in FTX stock — for his services in promoting the company, per the Times. Those shares are now worthless. Additionally, Brady is being sued by FTX customers after the company went under. Former CEO Sam …

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Check out the flood in Spain!

Spain👇 pic.twitter.com/XlJyyHdi3g — Humanbydesign (@Humanbydesign3) July 7, 2023 Videos show people desperately clinging to their cars as heavy rains and hailstorms spark flash floods in Northern Spain ⤵️ pic.twitter.com/DZZFm84Aat — Al Jazeera English (@AJEnglish) July 7, 2023 #Caparosso in Northern …

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Listen to Dr. Copper.

by bitkogan Historically, copper prices have served as a reliable barometer of the economy’s overall health. When the stock market and copper prices ascend in tandem, it usually indicates the onset of a robust growth period. However, if stocks begin …

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Biden wants Assad out of office

Everyone ready for another regime change war? That’s what Biden seems to be signaling when he agreed last week that “Assad must go.” Whether or not he meant it, the national security state mouthpiece Josh Rogin of WaPo was quick …

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