CHINA TO BANKS: STOP BUYING U.S. DOLLARS

🚨🇨🇳CHINA TO BANKS: STOP BUYING U.S. DOLLARS Trump’s new 104% tariffs are hitting hard — and now China is scrambling to keep its currency from crashing. The Chinese central bank just ordered major state banks to stop buying U.S. dollars …

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Banks are now joining the bear market

🚨 BREAKING: BANKS 📉 📉 An inverted yield curve continues to squeeze bank profits. 💰 With Wall St. banks relying on market gains last quarter, Q1’s decline will deliver a massive blow to their margins. They are now joining the …

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Why Banks in the US are Quietly Panicking

by James Hickman Bank of America released its quarterly earnings report this morning, bright and early at 6:45am. And according to their newest financial statements, the bank is currently sitting on a whopping $112 BILLION in net unrealized bond losses. …

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Central banks pulled liquidity, and Apollo sees a 40% chance of rate hikes next year. Commodity prices are surging, with the CRB Index hitting its highest level in 14 years

Central banks have just engineered the worst crisis we've ever seen and now it's ready to go. By pulling the liquidity rug away they've set the stage for another crisis, all that's needed is the trigger/narrative. https://t.co/2RhyVZhH5c pic.twitter.com/tas2TgrN22 — Financelot …

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Investors lost faith in China’s recovery. Beijing is simply trying to fend off deep financial problems in the banks that keep funding everything they are told to fund.

Investors lose faith in China’s recovery; $18 trillion in wealth destroyed. China iPhone shipments fell by 47% y/y. 🚨INVESTORS LOST FAITH IN CHINA'S ECONOMIC RECOVERY🚨 China's 10-year government bond yield fell below 1.6% for the FIRST TIME EVER. CSI 300 …

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Wall Street banks sue Federal Reserve.

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short of its goals. The suit comes from the Bank Policy Institute, which represents big banks like …

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