Independent thinking for complex markets and current events
All 23 US banks that participated in a new Federal Reserve stress test would be able to withstand a severe global recession, demonstrating the strength of the biggest financial institutions at a time when the banking industry still is on uncertain ground. Results released by the Fed Wednesday show that these banks would have enough …
“The last three recessions occurred when this proxy measure was at or near its lowest levels. The current reading is at or below any spread since at least 1998. Couple poor profit potential with fleeing deposits, and the banks’ ability or profit motivation to lend is minimal.” The last three recessions occurred when this proxy …
by confoundedinterest17 The US is Living La Vida Biden (living the Biden life!) Which means you are making millions if you are a political elite, but suffering if you live on Main Street. And regional banks (not the TBTF national banks) continue to suffer. The Bank Term Funding Program (1 of 2) is skyrocketing as The …
The FDIC mistakenly revealed to Bloomberg News details on the biggest customers at Silicon Valley Bank, the failed bank whose depositors were rescued through emergency action by regulators. An FDIC document posted online by Bloomberg News on Friday offers new insights into who benefited from that controversial rescue in March when SVB became the second biggest bank failure in US history. …
by BoatSurfer600 WASHINGTON, June 22 (Reuters) – U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders still reeling from the March banking crisis, according to six people briefed on the matter. Bank regulators led by the U.S. Federal Reserve are …
by BoatSurfer600 As rates rise and the economy slows, banks tighten their credit lending standards out of fear of higher loan losses. If the credit to the economy dries up more than anticipated, then the slowdown might accelerate. A credit-starved economy is no bueno Source: Sagar Singh Yield curves around the world are inverting the …
by Chris Black Well, you’re beginning to see AI is poised to become the next ‘big brother,’ which could explain why banks and governments are advocating for a cashless society. Money laundering is a major issue for financial institutions. Banks have long relied on humans to monitor rules-based systems that detect suspicious transactions. These legacy systems …
by BoatSurfer600 We are seeing what can be expected at this stage, i.e. central banks taking turns debasing and FIAT currencies plummeting with regards to precious metals and purchasing power. The perfect gold storm is now here Source: https://kingworldnews.com/crude-oil-will-soar-to-at-least-250-300-and-the-perfect-gold-storm-surge-to-10000-15000/
by Dismal-Jellyfish Norway: https://www.norges-bank.no/en/topics/Monetary-policy/Monetary-policy-meetings/2023/june-2023/ Policy rate raised to 3.75 percent Norges Bank’s Monetary Policy and Financial Stability Committee decided to raise the policy rate by 0.50 percentage point to 3.75 percent. The Committee’s current assessment of the outlook and balance of risks implies that the policy rate will most likely be raised further in August. Inflation …
via naturalnews: Regional banks are currently scrambling to sell down their commercial real estate loan portfolios to minimize their risk amid fears of more bank runs like those seen late last year. The stress seen in the commercial real estate sector right now is weighing heavily on banks and regulators alike, and it’s regional banks that are …
via naturalnews: Amid a wave of interest rate hikes by central banks across the globe, the surge in food prices continues unabated. Experts associated this phenomenon with two key factors: the inelasticity of food demand and a looming long-term supply crisis. Despite the best efforts of central banks to rein in inflation through interest rate adjustments, the …
Banks want you to buy. You know what that means.pic.twitter.com/xu7pK6LZtd — Financelot (@FinanceLancelot) June 20, 2023 pic.twitter.com/yRnMeHvUVJ — Financelot (@FinanceLancelot) June 20, 2023
Its not just the #Fed… World Central Banks starting to add #liquidity See our latest liquidity heatmap pic.twitter.com/ryLxnyE4Sp — CrossBorder Capital/ GLIndexes (@crossbordercap) June 20, 2023 Corporate Insiders are selling heavily into the stock market rally over the last 2 months pic.twitter.com/bwBupLJWuh — Barchart (@Barchart) June 20, 2023 Credit card debt is now less than …
https://www.youtube.com/watch?v=dsYVIyTMdjQ A car market crash of unprecedented proportions has started to unfold, and the price declines we’ve seen so far in 2023 are nothing compared to what is coming next. According to analysts at UBS and Cox Automotive, an oversupply of vehicles is causing a price war that can trigger a crash much worse than …
by Simian_Stacker pic.twitter.com/mMlY5N4k2S — The Punisher (of Wall ST) (@GregCrennan) June 14, 2023 It's official! The S&P 500's (SP500) longest bear market since the 1940s has come to an end. The benchmark index closed up 0.6% to 4,294 on Thursday, vaulting it back into bull territory with a 20% advance from its October low….. go …
via Kitco: The string of bank failures is not over, warned best-selling author of ‘Rich Dad Poor Dad’ Robert Kiyosaki. More banks are rumored to fail, Kiyosaki tweeted Thursday. The best-selling author pointed to the lending company loanDepot as the next potential victim in a series of failed regional banks in the U.S. “More banks …
The U.S. banking crisis may not yet be over, at least one expert is warning, despite the failures of Silicon Valley Bank and First Republic appearing to be in the rear-view mirror. Hedge fund manager and macroeconomic expert Hugh Hendry recently voiced concerns that the government could step in to prevent American bank withdrawals. “I …
by confoundedinterest17 Between work at home, Bidenflation and The Feral Reserve, commercial real estate and regional banks are suffering … and it could get a lot worse. And Joe Biden (aka, Negan) in general. Living in Negan Country! By Kevin Stocklin, Epoch Times The work-from-home trend has been taking its toll on office landlords and is now …
Goldman Sachs was the 5th largest donor to Meuser's campaign committee. The American Bankers Association was the 9th largest. Meuser has traded up to $325K of stock so far in 2023 – you can see his trades on our congressional trading dashboard: https://t.co/vO1C18DF1k — Quiver Quantitative (@QuiverQuant) June 14, 2023
Two Republican members of Congress announced Monday that they were broadening a House inquiry into collusion between large banks and the Federal Bureau of Investigation. Ohio Rep. Jim Jordan and Kentucky Rep. Thomas Massie have authored letters to Citigroup, JPMorgan, PNC Financial Services, Truist, U.S. Bankcorp and Wells Fargo with the intention of discerning the …
via naturalnews: Americans are pulling hundreds of billions of dollars out of banks at the fastest pace in nearly 39 years as many economic experts are beginning to predict a repeat of the 2008 “Great Recession.” According to an analysis of the most recent data from the Federal Deposit Insurance Corporation (FDIC), “depositors took a total of $472 billion out …
Most valuations put these office buildings underwater. Many building owners will walk away. More pain to come. We are probably looking at hundreds of additional bank failures over the course of the next two years. Many commercial office building loans mature within 24 months, Most valuations put these office buildings underwater. Many building owners will …
Can we make it a cool billion?Every day the Fed is paying $800 million in interest to banks and money market funds. This means that the Fed's net operating loss is now a record $68 billion. pic.twitter.com/DoY7j6cbgD — zerohedge (@zerohedge) June 11, 2023
https://t.co/J8joLEILkG — Win Smart, CFA (@WinfieldSmart) June 8, 2023 No it isn't. https://t.co/Yz6TjPCYMI pic.twitter.com/ns9EdXBrd1 — Financelot (@FinanceLancelot) June 7, 2023 Treasury Secretary Yellen warns of commercial real estate ‘issues’ that could strain banks (by the time Yellen the Felon notices something is an “issue,” trust me, it’s a full-blown crisis) The Fed fixing the economy …
China increased its gold reserves for a seventh straight month, signaling ongoing strong demand for the precious metal from the world’s central banks China increased its gold reserves for a seventh straight month, signaling ongoing strong demand for the precious metal from the world’s central banks. China raised its gold holdings by about 16 tons …
by bitkogan Deep analysis and sound reasoning are essential for making market predictions, but they don’t guarantee accuracy. This reality became all the more evident when J.P. Morgan’s forecast about the S&P 500 index testing the lows of the first half of 2022 didn’t come to fruition. Similarly, Bank of America analysts, despite their thorough understanding of market …
It’s relatively rare to see the commercial banks (“commercial” here means the type of bank one holds an account with, vs. an investment bank) come out so directly against market manipulation, yet here we are… https://bankingjournal.aba.com/2023/06/aba-rebuts-wall-street-journal-editorial-on-abusive-short-selling/ “You may not see any evidence of manipulation, but the Justice Department apparently has seen enough to launch an …
