amidst

California Pension Crisis: CalSTRS Plans to Borrow $30 Billion to Avoid Asset Fire-sale Amidst Liquidity Strain.

by confoundedinterest17 California is experiencing a pension inferno! One of the biggest public pension plans in the US plans to borrow tens of billions of dollars to maintain liquidity instead of triggering a fire-sale of its assets.  Bloomberg reports the roughly $318 billion California State Teachers’ Retirement System (CalSTRS) plans to borrow $30 billion, or about 10% …

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Boeing Stock Plummets 8% as FAA Orders Grounding of 737 Max 9 Fleet, Airbus Gains Amidst Safety Concerns

Shares of Boeing fell in premarket trade Monday, as markets digested the news that the Federal Aviation Administration had ordered a temporary grounding of dozens of Boeing 737 Max 9 aircraft. Shares were down 8% shortly after premarket trading opened at 4 a.m. ET. Of the 171 aircraft grounded under the directive, United Airlines has …

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2024’s Economic Paradox: U.S. Grapples with Record Debt, Moody’s Downgrade, and Soaring Interest Rates… Stock Market Highs Amidst Economic Uncertainty.

Starting off 2024 with: – Record U.S. debt – Record U.S. debt interest payments – Expected record U.S. Treasury issuances in 2024 – Record speculative-grade debt maturing over the next 5 years – Moody’s downgrades U.S. to "negative" from "stable" – Interest rates near… pic.twitter.com/idv0E9kdgW — Genevieve Roch-Decter, CFA (@GRDecter) January 2, 2024 And if …

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Ah, impeccable logic! Amidst war, let’s gather at a ski resort for festive skiing. Bravo!

https://twitter.com/MattWallace888/status/1739327214083334390 The war in Ukraine is so bad, they are gathering up at a ski resort for Christmas. Using American taxpayer money, while they laugh at us. https://t.co/qX9z6g7p0y — Gunther Eagleman™ (@GuntherEagleman) December 25, 2023 Zelensky is now mobilizing every able bodied men to send to the meat grinder. Seems reasonable. https://t.co/hH8eX8p63O — Ian Miles …

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Amidst soaring debt, inflated assets, and a fragile economy, the impending crisis threatens with dire consequences and limited solutions.

by cervantes__01 ’08 should have been a complete collapse of asset bubbles.. instead of allowing it all to clear out, central banks started inflating the money supply via debt to catch freefalling assets and to re-inflate them to make debtors solvent. They printed far too much for far too long.. more and more debt = …

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Echoes of 2008 Return Amidst Divergence, Rising Costs, and Economic Uncertainty

With disconcerting parallels to the financial crisis of 2008, warning signals are intensifying. A stark divergence between large and mid caps, soaring borrowing costs for S&P 500 companies, a prolonged crude oil decline, and soaring hedge fund exposure all contribute to an uneasy market outlook. The historical correlation of the 10Y Minus 3M Treasury Yield …

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High Rates Deepen Divide Between Homeowners and Renters, Redfin Reports $100 Monthly Savings Amidst Rate Drop

Recent data from Redfin reveals a notable shift in the real estate landscape, indicating a decline of over $100 in the median monthly mortgage payment within the last month. This coincides with a drop in mortgage rates from 8% to 7.3%. Despite the potential benefit for homebuyers, Redfin emphasizes that high mortgage rates are contributing …

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Thanksgiving Market Extravaganza: S&P 500 and Nasdaq Surge Amidst Overbought Conditions, Global Stock Funds Inflow, Cash Dominance, and Record Highs for Bitcoin ETFs

As Thanksgiving approaches, the financial markets reflect a robust performance, with the S&P 500 ETF ($SPY) marking an 8.8% increase for the month and a remarkable 20.3% gain for the year. The Nasdaq 100 ($QQQ) outshines, boasting an impressive 47.1% surge. Global stock funds experience a notable influx, attracting around $40 billion in the two …

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Auto Industry at Crossroads: Sales Remain Steady Amidst Rising Rates and Margin Compression Challenges

The car market in a nut-shell: 1) Interest rates at 20-year highs. 2) Consumer savings depleted. 3) Vehicle prices slowly normalizing (with some exceptions). And yet… sales volumes are fine. The real looming issue in the industry right now? Undoubtedly margin compression.… — Car Dealership Guy (@GuyDealership) November 21, 2023

Investor Sentiment Soars Amidst Economic Downturn: A Stark Divide Between Positive Surveys and Worsening Realities

Investor sentiment surveys are expressing overwhelming positivity, suggesting a rosy outlook, while economic surveys paint a contrasting picture, indicating a deteriorating situation. This stark dichotomy between investor optimism and the grim economic reality underscores a perplexing divergence in current perceptions. "Basically investor sentiment surveys are saying everything is awesome again, while economic surveys are saying …

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Biden Declares National Emergency, Invokes Wartime Powers to Control Heating and Cooling Technology Amidst Growing Opposition

In a stunning move, President Biden has declared a national emergency and invoked Cold War-era wartime powers to restrict access to heating and cooling technology. Ali Zaidi, who serves as Biden's national climate advisor, said the president was "using his wartime emergency powers under the Defense Production Act to turbocharge U.S. manufacturing of clean technologies …

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Earnings Set to Plummet Amidst PPI Collapse, Companies Grapple with Profit Squeeze, and Surging Delinquencies Portend Household Financial Strain

The collapse in the Producer Price Index (PPI) signifies a critical shift, as companies find themselves unable to command exorbitant prices from customers, leading to a significant impact on their profit margins. The era of making extraordinary profits and refinancing at 0% appears to be coming to an end, exacerbated by the Federal Reserve’s decision …

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Repo Rates Soar: Chinese Banks Navigate Unprecedented Debt Issuance Amidst PBOC’s Conflicting Signals; Smaller Banks in Distress as Mainstream Narratives Fall Short

The financial landscape is in tumult as repo rates soar, with banks heavily borrowing to address liquidity concerns and a looming specter of potential economic deflation. Adding to the complexity, Chinese banks have entered the scene, issuing an extraordinary volume of short-term debt at penalty rates, coinciding with unusual activities by the Chinese Communist Party …

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Billionaire Stan Druckenmiller Takes ‘Massive’ Bullish Positions in 2-Year Notes Amidst Economic Concerns

Billionaire investor Stan Druckenmiller, known for his market insights, is making significant moves by taking “massive” bullish positions in two-year notes. His actions come as growing worries about the economy loom on the horizon. Recent data showing a spike in youth unemployment during September and October is ringing alarm bells, historically indicative of past recessions. …

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Banking System Teeters on Unsustainable Yield Curve Inversion Amidst Risk of Massive Cash Withdrawals

by demonbeanie The banking system is facilitated by uncollateralized debt; fractional reserve banking, which had seen the reduction of the reserve requirements to 0% in 2020. https://www.federalreserve.gov/monetarypolicy/reservereq.htm On your bank’s balance sheet, there are assets labeled “cash on hand,” which includes cash and cash equivalents which is physical dollars, MM accounts, CDs, Short-term gov bonds, and …

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German Police Union Warns of Daunting Deportation Challenge and “Life-Threatening” Unrest Amidst Unprecedented Strain on Law Enforcement

The German police union expresses concerns over the lengthy deportation process for around 50,000 individuals eligible for deportation. MORE – German police union warns about "life-threatening" unrest in the country: "The police are being challenged like never before in post-war history." pic.twitter.com/VRbdo1JLEk — Disclose.tv (@disclosetv) October 30, 2023 Well well well pic.twitter.com/UKbvTiJZkS — The_Real_Fly (@The_Real_Fly) …

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The +4.9% GDP growth, amidst worrying economic indicators, prompts a critical inquiry into its underlying source.

The apparent contradiction of +4.9% GDP growth amid concerning economic indicators raises questions about the true source of this growth. Notably, spiking continuing claims in unemployment and the drop in UPS shares, driven by decreased package demand and a collapse in U.S. demand for cardboard boxes, underscore the uncertainty surrounding the reported economic expansion. With …

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Biden’s Deficit Grows Twice as Fast as Projected, Threatening a 40% Surge in 2024 Amidst Recession Fears and Proxy War Spending

The U.S. deficit, as reported by The Wall Street Journal, is expanding at a pace twice as rapid as initially projected, primarily due to the previously undisclosed student loan debt. This trajectory points to a 2024 deficit that could surpass last year’s by a staggering $600 billion, representing a 40% surge within a single year. …

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Global Financial Leaders Sound Alarm on Looming Debt Crisis Amidst Years of Government Borrowing

HSBC’s CEO and other prominent leaders in the financial world are issuing dire warnings about the world teetering on the brink of a debt crisis, driven by years of extensive government borrowing. They emphasize the urgent need to address the mounting debt levels. The data presented underscores that we have yet to witness the full …

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Quickly becoming a worthless service amidst competition

by Exotic-Indication419 Ok so here it goes. Expedia draws and attains customers by finding the lowest priced discounts for hotels, flights, rentals and such. The fact that this is sought after and convenient to use creates the industry of an online travel agent. Expedia was extremely successful as the first and best performing online travel …

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The real estate sector has been deteriorating amidst an unprecedented rate hike cycle

The real estate sector has been deteriorating amidst an unprecedented rate hike cycle Yearly change in home prices has been sharply dropping from its highs, similar to the 1979, 1990 and 2006 pic.twitter.com/HgQNr18wzk — Bravos Research (@bravosresearch) July 27, 2023 We may be in for protracted home price retracement Rather than a sudden crash like …

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China’s govt propping up Yuan amidst downturn, and muzzling Chinas economic experts

Chinese government trying to step in to prop up currency and hide economic problems. News report below is from Indian news outlet Firstpost, highly substantive and reliable on Asian economic issues. China trying to muzzle and suppress its own economic experts and analysts, to prevent the real truth from being known! China’s debt woes getting …

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