Kevin O’Leary says a coming real estate collapse will lead to ‘chaos’ and banks “are going to fail because up to 40% of their portfolio is in commercial real estate.”

“Most of these buildings have mortgages with interest rates of less than 4%,” he said. “Now the Fed has raised rates to 5.5% terminal rate, which means these mortgages are going to be refinanced at 9% to 11%." Read more: https://t.co/yPg1zgXsR9 — unusual_whales (@unusual_whales) September 27, 2023 US housing affordability is worse today than the …

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MSM: Researchers debate why orcas are attacking and sinking boats

24, 2023 #Whale #Orca #NBCNews Scientists and researchers are looking at a string of incidents reported after orcas appeared to attack and sink sailing vessels. Biologist and wildlife conservationist Jeff Corwin theorized these attacks are due to “rambunctious” or “playful behavior” or the animal could be coping after “a traumatic event.” A small group of …

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There are ever more signs of weakness in the Chinese economy

by Shaun Richards The economic story of 2023 was supposed to be one where the re-opening of China after Covid saw its economic growth surge again.Except as we have been noting increasingly the economic engine has been rather stuttering. Back on the 17th of this month we looked at some disappointing manufacturing and production figures for April and this morning there …

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Benny Johnson: ‘Results are in— conservative boycotts are crushing woke corporations’

Results are in— conservative boycotts are crushing woke corporations: -Target has lost $12 billion in the last week -Bud Light has lost $26 billion in the past 2 months -Kohls stock dropped 6.5% in two days This is what WINNING looks like. When will these companies learn… — Benny Johnson (@bennyjohnson) May 31, 2023 https://twitter.com/JoeyMannarinoUS/status/1663895742455373832 …

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Jay Powell’s Fed hasn’t yet realized the full gravity of what’s coming… There are clear risks of devastating market crashes, domino bank failures, a highly destabilizing Credit contraction

RELAX everything’s going to be fine, if there was ANY chance of collapse all the “experts” on the main collapse subreddit would be all over this. /s via realclearmarkets: “In purely technical terms, all these together are betting heavily on lower interest rates all over the world in the not-too-distant future. As they’ve come to …

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For people who think the banks are fine…

  Fed Loaned $160 Billion to Banks and $142 billion to FDIC. But QT-Related Roll-off Continued At around 4.75%, plus collateral, these are expensive loans for banks. The Fed’s Discount Window Soared to Its Highest Level Since the Previous Financial Crisis of 2008 Fed Dead Redemption! Flight To Safety As US Treasury 10-Year Yield Drops …

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Retail investors are losing billions buying stock options

via economist: Not long ago trading in American stock options was limited mainly to professional investors. Options are contracts that provide the right to buy or sell a security at a specified price over a fixed time period. They can deliver big payouts if a stock moves in the desired direction, and expire worthless otherwise. Sophisticated …

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