Independent thinking for complex markets and current events
God Bless President Putin and Russia. Stick it to the EU good and hard. Lets see if the take it as good as the give it? Assholes! https://t.co/4dZSmuqu8G — James Rainwood (@JamesRainwood) May 18, 2024 Russia has the lowest debt to GDP ratio in the worldhas budget surpluses and an economy growing faster than any …
via Mike Shedlock Biden and Yellen support a global minimum tax on corporations. And a new wealth tax scheme is now in the works. Watch Out for a Global Wealth Tax The Wall Street Journal says Watch Out for a Global Wealth Tax In our new socialist age, the demand to tax and redistribute income is …
Discussions on the use of frozen Russian assets to help Ukraine are still ongoing. A collective decision will be announced at the G7 summit, says Denys Maliuska, Minister of Justice of Ukraine. “The US has taken the first important step. They have decided to authorize the US administration to confiscate Russian assets. In full, not …
U.S. Banks finished the year with almost $400 billion of unrealized losses on held-to-maturity assets pic.twitter.com/1JV7N8UCqe — Win Smart, CFA (@WinfieldSmart) April 25, 2024
The primary reason prompting the Fed to consider cutting interest rates is the increasing cost of servicing the Federal debt, expected to approach 6% of GDP by year-end. A reduction of 150 basis points could decrease the interest payment by 33%, addressing severe debt imbalances. This environment favors hard assets like real estate, as seen …
The idea of seizing Russia’s assets in the US and EU as a response to the ongoing conflict has sparked heated debate, with critics warning of dire consequences. Proposals to confiscate frozen Russian assets and divert them to Ukraine are not only shortsighted but could also spell disaster for the United States and its allies. …
China's Real Estate Collapse At the heart of the decline in family wealth is China's real estate meltdown, which is having a pervasive effect on a society where 70% of family assets are tied up in property. Towards the end of last year, 34 of the top 50 Chinese property… pic.twitter.com/owUbTR8RjW — Reef Insights (@ReefInsights) …
The top 10% of S&P 500 stocks now account for 75% of the index's market cap. This is an even higher percentage than the peak of the Dot-com bubble. Big stocks are getting even bigger in the new AI-based world. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) …
Earlier this month, a Beijing-based franchise of a well-known gold brand was sued for fraud in a scheme that had allegedly cheated more than 70 investors out of over 60kg (132 pounds) of gold, the National Business Daily reported late last month. The case is ongoing. Some victims claimed they had invested in gold bars …
Are you ready for a financial shake-up? According to experts like Tavi Costa and Howard Marks, the signs are pointing to a major shift in the investing world. With inflation on the rise and central banks pumping money into the economy, owning hard assets like gold and commodities could be the way to go. Howard …
Never forget, this time it’s different pic.twitter.com/EkdDMLydI8 — Michael A. Arouet (@MichaelAArouet) March 22, 2024 Recent trends in household financial asset allocation are raising concerns reminiscent of past market bubbles, particularly the infamous dot-com bubble of 2000. With 48% of assets allocated to equity, 15% to debt, and 15% to cash, households’ heavy reliance on …
CNN — Former President Donald Trump must come up with the full amount to cover the $454 million verdict in the civil fraud trial, an appeals court judge ruled Wednesday. Associate Justice Anil Singh, however, lifted a ban on Trump’s ability to obtain loans from New York regulated financial institutions, which could allow him to …
Global central bank assets vs. S&P 500 What gives? pic.twitter.com/Mt4JbZukHN — Otavio (Tavi) Costa (@TaviCosta) March 13, 2024 Never forget, this time it’s different Chart @IanRHarnett pic.twitter.com/2Y5PxlBbrT — Michael A. Arouet (@MichaelAArouet) March 12, 2024 Investors have ALWAYS priced in a soft landing after the Fed stops hiking. #macro #hope pic.twitter.com/VNn8ipHAlz — Kantro (@MichaelKantro) March 12, …
By Martin Armstrong Russian assets frozen by the West have been sitting idle for three years. US Treasury Secretary Janet Yellen is urging the G20 to liquidate nearly $300 billion in stolen assets and send it to Ukraine. “It is necessary and urgent for our coalition to find a way to unlock the value of …
Evergrande shares halted after Hong Kong court orders liquidation.https://t.co/M8UqNlTsY9 — Daniel Lacalle (@dlacalle_IA) January 29, 2024 🚨🇨🇳 China – Property Developer Evergrande ordered to liquidate Global Financial Collapse incoming…. pic.twitter.com/gPlil4uqt9 — Concerned Citizen (@BGatesIsaPyscho) January 29, 2024 Once the world’s largest real estate developer, Evergrande is now to be liquidated. It has whopping $300 billion …
The atmosphere surrounding Chinese assets is getting gloomier, extending beyond the realm of battered stocks. Investors are now expressing skepticism not just about stocks but also anticipating underperformance in the yuan and government bonds. Ken Cheung, the chief Asian currency strategist at Mizuho Bank Ltd. in Hong Kong, reflects this sentiment, stating, “We expect the …
After getting his 2023 forecast catastrophically wrong in Nov 2022 when he predicted the S&P would close 2023 at only 4,000, or effectively unchanged for the year… … Goldman’s chief equity strategist David Kostin scrambled to overcompensate in his next annual preview, first writing in his 2024 Equity Outlook note published in mid-November that he …
BREAKING: Rep. Clay Higgins claimed during an interview with Tucker Carlson that there were at least 200 FBI assets embedded in the crowd at the U.S. Capitol on January 6th, with the objective of destroying the entire MAGA movement. Ep. 61 This the smartest, best informed account of what actually happened on January 6th. pic.twitter.com/U9yCWRVJSd …
by OtaraMilclub If banks were required to mark their assets to market, as they did prior to 2009, the entire banking industry, including the too big to fail wall street banks would be insolvent, along with the Federal Reserve. Does this seem sustainable to you? $500 billion wiped out in a matter of days and …
Rudy Giuliani has filed for bankruptcy in New York with debts of $153 million owed to creditors including Hunter Biden. The former New York Mayor, who led the effort to challenge the 2020 election result on behalf of Donald Trump, said he had less than $10 million in assets. Last Friday, Giuliani was put on …
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 = …
“If the Supreme Court rules in favor of the government, and allows it to redefine income to include any unrealized appreciation in any asset, then it will grant the Federal Government a new power to nationalize the entire asset stock of the nation. In hyperinflation, the only refuge people have is the ability to hold …
The commercial real estate meltdown is beginning to spread to different assets and markets… The next victim – Texas Multi-Family Here's a worrying snippet from The Real Deal this AM: "For the past few years, Texas multifamily was one of the hottest real estate investments in… pic.twitter.com/BcIcYJEDVu — Triple Net Investor (@TripleNetInvest) November 21, 2023 …
WASHINGTON – The Pentagon has again failed its independent annual audit, mainly because defense officials could not provide auditors with enough information to form a full accounting evaluation, according to the Defense Department’s yearly financial report released Wednesday. “Auditing the department’s $3.8 trillion in assets and $4 trillion in liabilities is a massive undertaking,” Pentagon …
Housing experts predicted housing supply wouldn’t rise due to low mortgage rates, but people will sell homes to combat inflation. The need for cash as inflation continues to soar will have people fire selling their assets as @Redfin states below with people and their houses but the problem is demand for housing continues to collapse …
New on MoA: Ukraine’s Sudden High Air Losses Likely Caused By New Russian Missiles I am not sure how valid this is but I am sure it is relevant: Victor vicktop55 @vicktop55 – 16:58 UTC · Oct 24, 2023Military expert Vladislav Shurygin: The Pentagon has become sharply concerned about the suddenly increased effectiveness of the Russian …
https://t.co/nitFT7Q6jV — Win Smart, CFA (@WinfieldSmart) October 14, 2023
United States banking giant JPMorgan debuted its in-house blockchain-based tokenization application, the Tokenized Collateral Network (TCN), on Oct. 11, according to Bloomberg. TCN settled its first trade for asset management giant BlackRock. The Tokenized Collateral Network is an application that allows investors to utilize assets as collateral. Using blockchain technology, investors can transfer collateral ownership …
https://t.co/r1fajgbAWx — Win Smart, CFA (@WinfieldSmart) October 6, 2023 But how about this? Are they forced to realize? https://t.co/3waHF3dHho — Win Smart, CFA (@WinfieldSmart) October 6, 2023 Bank Earnings in One Week:Place Your Bets or Brace For Impact?! "US bank stocks are the market’s Achilles heel just now. They need to participate in any recovery …
