balance
Otavio (Tavi) Costa: ‘The Fed continues to pretend that it can shrink its balance sheet size and watch the cost of government debt rise, all while the US grapples with a 12% twin deficit.’
In the meantime: The Fed continues to pretend that it can shrink its balance sheet size and watch the cost of government debt rise, all while the US grapples with a 12% twin deficit. After marking the end of a 40-year bull market in Treasuries, this upward move in 10-year… pic.twitter.com/DovYOOrn1a — Otavio (Tavi) Costa …
Bidenomics! M2 Money Velocity Rises … To Almost Pre-Covid Levels, Fed Balance Sheet Remains Above $8 TRILLION (Biden Energy Secretary Secretly Consulted Top Chinese Energy Official Before SPR Release, Sales To Hunter Biden-Linked Chinese Energy Giant)
by confoundedinterest17 I wonder which season the US economy is in, according to President “Chance the Gardener” Biden. If you believe the recovery talk (from the reckless Covid economic and school shutdowns of 2020), all is well in the (economic) garden. For example, M2 Money Velocity (GDP/M2), is almost back to where it was just …
American average credit card balance is $7,300, median household savings $5,300, and delinquency rates rise 6 consecutive quarters. We are “fighting” inflation with credit cards.
For the first time in history, total credit card debt is about to cross $1 trillion. Since Q4 2020, total credit card debt is up over $200 billion. Americans currently hold a record $986 billion in credit card debt. 2/7 pic.twitter.com/L2cfwDWWEY — The Kobeissi Letter (@KobeissiLetter) August 1, 2023 According to a survey conducted in …
CMBS enters bargaining stage, liquidating assets, tidying balance sheets, industry stoicing; Bankcruptcy surge;M2 money supply is contracting at the deepest level EVER seen
For CMBS, it’s 2007 Right now is the bargaining stage for CRE—assets quietly being liquidated to meet redemptions, balance sheets tidying up, the industry stoically battening the hatches All trying not to panic Dry powder? Yes But there’s a storm on the horizon https://t.co/y6jVEw3C1k — Amy Nixon (@texasrunnerDFW) July 17, 2023 Fun Fact: Egg prices …
Michigan TV station director fires staff for requesting “balance” in Pride coverage.
Pride Month” is over and a day to be proud of, the Fourth of July, is upon us! But a news director, his assistant and two staffers from WOOD-TV in Grand Rapids, Michigan will spend the holiday trying to figure out where to work next. Over the weekend, some were fired over distributing a memo …
US debt surges $851 billion since June 3rd suspension. Howell predicts Fed’s balance sheet expansion to $10 trillion for US obligations.
by BoatSurfer600 The U.S. national debt spiked by $851 billion since the debt ceiling was suspended a month ago on June 3, and now hit $32.32 trillion. This is just an amazing freak show. Source: wolfstreet Stocks would do well too as liquidity would explode. This is probably the easiest scenario for governments but it …
Fed’s Balance Sheet Plunged by $348 Billion in the 10 Weeks since Peak Bank Crisis, and by $580 billion since QT Started
https://wolfstreet.com/2023/06/01/feds-balance-sheet-plunged-by-348-billion-in-the-10-weeks-since-peak-bank-crisis-and-by-580-billion-since-qt-started/ “Total assets held by the Fed dropped by $50 billion in the week, to $8.38 trillion, down by $118 billion for the month and by $348 billion in the 10 weeks since peak-bank-crisis. Quantitative Tightening (QT) continued on track, and as the remaining bank liquidity support measures continued to unwind, according to the Fed’s …
Fed pivoting their balance sheet strategy while inflation is still 6% year-over-year
“We need to keep raising rates until something breaks and inflation eases” <Something breaks> “Wait wait no, not that thing.” It’s very important that inflation is brought into check by poor people losing their jobs. Not rich people losing their deposits. NEW Banking Crisis In One Chart, Inflation=Fed Rate Hikes=Treasury/MBS Duration Increases=Bond Loss So, the Biden Administration …