A hub for independent voices and hard truths
via creditnews: As interest rates bite and fears rise over an impending credit crunch, bank lending shows the first signs of contraction, according to new research from UBS. The data include all types of lending to individuals except for mortgages …
OOPS! #Eurozone M2 money growth turned NEGATIVE for the first time in Eurozone history, in a promising sign for #inflation. M2 growth revised to -0.1% in May from initially +0.3%, and falls deeper into negative territory in June to …
Amidst a global move towards de-dollarization and increasing demand for yuan-based transactions, the efforts of Chinese policymakers to prop up their currency have increasingly gained traction. In efforts to bolster the yuan, China’s major government-controlled banks began offloading their US …
For those who say "everything is fine," we saw the same spike in regional banks right before the 2008 crisis 🤫 BlackRock is setting up the rug pull when the Fed takes away emergency BTFP & OCE. https://t.co/YnlzAWEzfU pic.twitter.com/GSVJ4Y3QIE — …
Imagine my shocked face! We observed that some FDIC-insured banks are not reporting estimated uninsured deposits as outlined in the Consolidated Reports of Condition and Income (Call Reports). Today, we’re reminding banks of the importance of reporting accurate data.https://t.co/jJd5rU3cJV — …
by Dismal-Jellyfish I would like to review a few items this morning: Commercial deposit withdrawals Bank Term Funding Program (BTFP) making up for gaps Todays notice from FDIC banks aren’t correctly reporting the amount of deposits they have that aren’t …
by WarrenBuffe Community Banks to Face Margin and Earnings Pressures in 2023 – Rising Rates and Liquidity Crunch Shift the Landscape for US Banks https://www.spglobal.com/marketintelligence/en/news-insights/research/community-banks-margins-earnings-squeezed-by-liquidity-crunch https://www.spglobal.com/marketintelligence/en/news-insights/research/liquidity-pressures-put-funding-in-the-crosshairs-at-community-banks
via End Time Headlines: Nearly 100 bank branches are set to pull down their shutters for the final time in the next few weeks. The closures come as a number of major high street banks move more of their banking …
by Martin Armstrong We have a very serious problem. Banks, Media, and Tech Companies seem to be all pushing for the end of all our civil and human rights. The truth has come out now that the Coutts Bank closed …
via Mises.org: The taming of monetary policy necessary to slow price inflation has triggered a corrective trend in the valuation of financial instruments. Many big banks in the United States have substantially increased their use of an accounting technique that allows them …
CRE Panic Hits Baltimore As Second Office Tower Dumped At 69% Discount https://t.co/MyjQjAISAQ — zerohedge (@zerohedge) July 20, 2023 On Tuesday, we asked: Is this the start of a commercial real estate firesale in crime-ridden Baltimore City? And to our surprise, …
CRE Dominos Fall: Starwood Defaults On $212.4 Million Atlanta Office Tower https://t.co/UsEj7FkpyP — zerohedge (@zerohedge) July 19, 2023 https://twitter.com/NorthmanTrader/status/1681383187375693824
High interest rates continue to cause rapid inflows to money market funds from bank deposits This should put pressure on banks causing them to maintain tight lending standards pic.twitter.com/wzZaFSQKjW — Bravos Research (@bravosresearch) July 19, 2023 Beware: Falling inflation is …
Likely to keep normalizing/decelerating! https://t.co/iMfSx7EFLY — Caleb Franzen (@CalebFranzen) July 19, 2023
by confoundedinterest17 What screams may come! Actually, the aftermath of excessive monetary policies under Bernanke, Yellen and Powell are coming home to bit the big banks. Interest expenses at big US banks are rising much more quickly than interest income. …
Options traders are loading up on contracts that will jump in value should equities see a big drop NEW YORK, July 12 (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to load up on contracts …
by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to …
What could go wrong ? Labour's @lisanandy MP says the govt need to introduce "mandatory measures" to compel the banks to offer interest only mortgages and the option to extend mortgage time limits 🔊 pic.twitter.com/Bn55BffXzb — Wall Street Mav (@WallStreetMav) …
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 …
https://t.co/GInRMBhk9r — Genevieve Roch-Decter, CFA (@GRDecter) July 10, 2023
by Chris Black Most banks, since the bailouts of the Great Financial Crisis, have seen their stocks rally after bottoming in early 2009. In other words, if you bought bank stocks in February 2009, you… Continue reading by subscribing. Username …
Fed’s Balance Sheet Drops $667 Billion from Peak to $8.3 Trillion, Below Aug 2021, as QT Continues and Bank Panic Support Unwinds.The Fed has now shed 20.5% of Treasury securities it had bought during pandemic QEhttps://t.co/mPCK2pkADD pic.twitter.com/zN0GQQuqAF — Wolf Richter …
Margins are falling across more sectors. Are companies getting less greedy? Or are they more attuned to less intense demand for their goods/services, better supply, and the potential to lose market share? From @greg_ip on 'greedflation'https://t.co/w5UjBVQhR3 pic.twitter.com/7E4rJhW6yH — Nick Timiraos …
Large Banks Experience Record $921B Deposit Drain in 40 Years, Outpacing Small Banks’ Decline Data from the Federal Reserve reveals that large banks in the U.S. are experiencing the fastest decline in deposits in four decades. Since April 2022, deposits …
From the WSJ: Unrealized losses on bonds and loans held by U.S. banks are expected to have grown in the second quarter, potentially reanimating an issue that made investors nervous earlier this year. Meanwhile, pressure on profits is rising. A …
Global Central Banks Set to Diverge on Rates as Stubborn Inflation Stalks Fed, ECB Quarterly outlook on what to expect from monetary policy A less synchronized picture is emerging for the world economy Stubborn inflation keeping US and European officials …
Banks would lose $541 billion in ‘hard landing’ contingency: Fed The Federal Reserve said Thursday that banks are well capitalized enough to endure a severe recession but stand to lose $541 billion if the economy heads south. The findings came …
by BoatSurfer600 via mediaite Former UKIP leader Nigel Farage may leave the United Kingdom after claiming his bank accounts were closed over his role in Brexit. In a six-minute video posted on his Twitter account, Farage claimed he was the victim of …
