Independent thinking for complex markets and current events
Hedge Funds continue adding to their short U.S. Treasuries futures position which has now reached the largest short position in history pic.twitter.com/5VtUeUb7JQ — Barchart (@Barchart) October 11, 2023 I believe Bank of America is insolvent with a 6% Fed funds rate, leverage explodes. If your core capital is impaired, any losses on tertiary assets (credit …
With insolvency issues lurking beneath the surface, particularly driven by losses on older US Treasury bonds and commercial real estate loans. The Fed’s rate hikes could exacerbate these problems, potentially leading to significant losses for foreign banks. I honestly think that at least half of the banking systems in Australia, Canada, China, EU, Japan, UK …
Section on how the global banking crisis will unfold once the derivatives market blows up, bringing in the new era of The Great Reset & CBDC 👇 https://t.co/Xsb9xXFLQH pic.twitter.com/2a9lnpmoDq — Financelot (@FinanceLancelot) October 4, 2023 Nigel Farage comments on the recent call by unelected head of the European Union, Ursula von der Leyen, for world …
by theSilverVigilante Rising #bond #yields is hurting #US #banks and it starts to show up in the #cds – see below. With US Treasuries at 5%, Bank of America is close to 45x levered, at 6-7% infinitely levered. Maybe the #Fed should have stress-tested the banks not only on credit quality but also duration… Source: …
This liquidity strain might prompt banks to tighten lending, potentially making it more challenging for individuals and businesses to access credit. A record $870 billion of deposits have left banks over the last 18 months. This is the highest deposit flight since The Great Depression. The UAW strike, student loan payments & government employees furloughed …
Lobbyists Grab Control at House Financial Services Hearings, Backing Jamie Dimon’s Push to Gut Higher Capital Proposals We’re very sorry to have to tell you this, but if you’re not watching Senate Banking or House Financial Services Committee hearings when the topic is about increasing bank capital or any new regulations to make the …
Kevin O’Leary warns chaos is about to begin for US economy: ‘Wake up and smell the roses’ “We have a crisis emerging. … I’m talking about companies with five to 500 employees, which represent over 60% of our economy,” O’Leary said. “If you’re in the S&P 500, you have no trouble financing your business. You …
Lockdowns are coming. Be mentally prepared to own nothing, have nothing and be happy. https://t.co/qR9gSAHaPu pic.twitter.com/wKUzV0ZCU6 — Financelot (@FinanceLancelot) August 25, 2023 YAHOO: “Biden’s plot to send America back into lockdown must be stopped” Funny to see this on Yahoo of all places. Of course, it was originally from a UK site, and it is …
S & P Global Ratings Downgrades More Banks. New Moodie’s Banking Downgrade https://www.moodys.com/research/Fifth-Third-Bancorp-Update-to-credit-analysis-following-outlook-change-Credit-Opinion–PBC_1375479 AC
by Chris Black China’s property sector is, structurally, a bubble. And as with all bubbles, policymakers are equipped with a toolkit limited to delaying, mitigating, or perhaps even changing (https://genco.substack.com/p/the-great-financial-reset-of-2009) the inevitable “burst”. And while Beijing has done a mostly admirable job over the past decade of delaying the debt crisis, a sort-of countdown to …
We cannot live with a decade of more of the same. Britain is extremely vulnerable to any mishap – a crack in the housing market, a crisis in the financial markets, another energy crisis. https://www.theguardian.com/commentisfree/2023/aug/13/uk-stop-kidding-ourselves-rich-nation-gone-bust
Last week, an unknown number of Wells Fargo customers were suddenly unable to access deposits in their bank accounts. Even as it sought to address the issue, which customers first began noticing on Aug. 3, Wells Fargo acknowledged a “limited” number of customers were still having issues 24 hours later, leaving some of them unable …
Keep an eye on regional banks. If something is going to break in the U.S. that’s where it will be. https://twitter.com/multi_finance/status/1689836136943009792 These charts are saying we're early and only 3 weeks away 👀 https://t.co/VmxG6W0a21 pic.twitter.com/OPR0D6KClY — Financelot (@FinanceLancelot) August 11, 2023 Gamma Exposure (GEX) has peaked and fallen away indicating the next rally should be …
Italy intentionally causing a banking crisis? 🤨 "Italy surprises markets with the announcement of a 40% 'windfall' tax on banks" pic.twitter.com/HGycE4y8ud — Financelot (@FinanceLancelot) August 8, 2023 ⚠️ 𝗜𝗧𝗔𝗟𝗜𝗔𝗡 𝗕𝗔𝗡𝗞𝗦 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗣𝗨𝗠𝗠𝗘𝗟𝗟𝗘𝗗 Full Story → https://t.co/XK4Cljl110 An index of euro zone banks .SX7E fell as much as 3.4% on Tuesday, after Italy approved a 40% …
The National Bank of Ethiopia has announced a joint initiative with the National ID Program to leverage the country’s digital ID system Fayda. Through the initiative, Fayda will be the primary identification for all financial institution transactions, according to Biometric Update. The ambitious plan aims to enroll all bank customers on the digital ID platform …
BREAKING: Usage of the Fed's emergency bank bailout facility is now at a new record high at $106 billion, per Bloomberg. — unusual_whales (@unusual_whales) August 3, 2023 https://twitter.com/NorthmanTrader/status/1687201706369785856 h/t Simian_Stacker
To implement a CBDC the Treasury & Fed must consolidate 4000 institutions into JPMorgan & big 5. The public will never support this without a crisis The Fed's BTFP + OCE interventions are the only thing preventing a regional banking crisis. They'll pull the rug & play the savior https://t.co/2RhyVZh9fE — Financelot (@FinanceLancelot) July 27, …
via Doug French: Caitlin Long tweeted over the July 4 weekend, “BIG NEWS for #fintech! A sixth US state—Idaho—is willing to charter uninsured, non-lending, 100% reserve banks that are eligible for Fed master accounts (the other states are CT, ME, NE, VT & WY). This trend could turn the ‘bank-as-a-service’ (#BaaS) model on its head!!!!!” As Long explained …
Western economists have repeatedly foretold for nearly two decades that a financial crisis would strike at the drop of a hat in China. In particular, as China enters the post-epidemic era of 2023, the debt level of its financial system has been shockingly high. Economic indicators calculated according to Western economics show that China’s financial …
via SCHIFFGOLD: Four months after the failure of Silicon Valley Bank and Signature Bank, the financial crisis sparked by Federal Reserve rate hikes continues to simmer under the surface. As of the end of the first quarter, Bank of America had over $100 billion in unrealized losses on its bond portfolio. This is the exact …
Top finance and banking Professor Richard Werner, a former WEF young global leader says the globalists ultimate goal is to implement CBDCS as a chip under the skin. The technology was ready in 2015 but they have delayed the agenda, implemented various crises to soften people up… pic.twitter.com/PkdAquQF4r — Kat A 🌸 (@SaiKate108) July 18, …
by scott_jr Citigroup CEO Jane Fraser: “The long-awaited rebound in investment banking has yet to materialize, making for a disappointing quarter.” Trading, which was stronger earlier in the year, also turned weaker. Citigroup’s revenue from that business fell 13%. JPMorgan’s revenue associated with trading equities and fixed income also dropped. “Most of the investors …
Total BTFP & OCE didn't drop this week. The Fed paused pulling liquidity from the banks Now that we know Bullard is leaving the Fed on Aug 14 that's the likely target week when the Fed plans to start dramatically reducing BTFP & OCE liquidity, causing the banking crisis in Sep🤫 https://t.co/lwuGir9xCj pic.twitter.com/om91NKrS9u — Financelot …
It is indeed a matter of great concern that the top 4 banks are currently facing monumental losses, amounting to a staggering $205 billion, on their bond assets. Moreover, the entire banking system has witnessed an alarming figure of approximately $2 trillion in bond asset losses. This unfortunate situation emphasizes the vulnerability of banks and …
by Dismal-Jellyfish Fed Vice Chair for Supervision Michael S. Barr Proposes Major Banking Regulation Overhaul. Proposed changes aim to make banks more cautious in lending and trading practices by requiring them to hold more capital & wouldn’t be able to use their own models for certain hard-to-model market risks. Source: https://www.federalreserve.gov/newsevents/speech/barr20230710a.htm Highlights: Barr’s speech gets …
via thedailydoom: San Francisco skyline | Photo by Patrick Perkins on Unsplash In the past, I’ve called this event the “Epocalypse” because it will be epic in scale and will eventually be seen as a new epoch in humanity’s economic history that will be apocalyptic in its level of economic destruction. That became the only thing Forbes ever quoted me on when I warned it was …
Source: wolf street shit. the risk premium keeps widening up. mean revision will eventually occur — VISK (@KevinDu923534) June 29, 2023 h/t BoatSurfer600
