A hub for independent voices and hard truths
It’s a busy week for central banks worldwide, with a flurry of rate decisions expected. The Federal Reserve’s two-day meeting, starting Tuesday, is likely to steal the spotlight as markets anticipate a potential start to the Fed’s rate-cutting cycle. Traders …
Customers at a billion-dollar bank say they’re shocked after a worthless trip to the ATM. More than a dozen people received fake $100 bills marked “for motion picture purposes” and “in props we trust” when they visited an Independence Bank …
https://www.youtube.com/watch?v=AmDu9IFsQ1M The banking sector is on the brink of a crisis as the global economy teeters on the edge of recession. With six major banks under intense scrutiny, growing fears of instability are casting a shadow over the entire financial …
Banks hold bonds, and when interest rates rise, the value of those bonds in the secondary market decreases, leading to a reduction in their book value. This results in banks showing unrealized losses in their portfolios. However, unlike stocks, bonds, …
by WhatCanIMakeToday The Federal Reserve requested comment on proposed rule to require large banks to maintain long-term debt to improve financial stability and resolution [Federal Reserve]. This might sound familiar to some of you because the Fed & FDIC tried to do …
https://www.fdic.gov/system/files/2024-09/qbp.pdf Finra, a Wall Street regulator is understating Margin Debt by more than $4 TRILLION dollars, by not counting gigantic Meme Banks who make Margin Loans to Hedge Funds Most market watchers rely on the monthly margin debt figures published …
Warner pushes bill requiring banks to test discount window The lawmaker introduced a measure that would reduce stigma tied to the Fed’s short-term lending facility, which has seen a litany of attention from regulators in recent weeks. Dive Brief: Sen. …
By Pam Martens and Russ Martens: September 3, 2024 ~ The Office of Financial Research (OFR), the federal agency created after the 2008 financial collapse on Wall Street to defog the lenses of federal regulators to prevent a replay of …
By Martin Armstrong A new study by Florida Atlantic University believes that 94 separate US banks are facing a significant risk of bank runs. The at risk banks have all reported a 50% or higher ratio of uninsured deposits to …
Banks need to help to keep the $NVDA illusion going otherwise they lose their fees stream… as usual https://t.co/wnhdw9qYSj pic.twitter.com/ucAfFWgBUT — JustDario 🏊♂️ (@DarioCpx) August 29, 2024 $AILE Hindenburg newest target pic.twitter.com/ZyoXnJb9BC — Win Smart, CFA (@WinfieldSmart) August 29, 2024
BY DAVID HAGGITH You may beat the inflation rate back down, but all future inflation happens from the new higher benchmark of prices that never fall back down, and central banks never stop trying to push them up. Photo by Rob on Unsplash …
Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks’ balance sheets The $13 billion that Elon Musk borrowed to buy Twitter has turned into the worst merger-finance deal for banks since …
Keep your powerbank in safe place if you’re having a pet h/t Dharma777
"Central banks are hoarding gold faster than we've ever seen." https://t.co/J9XZM6jxsg via @dailychartbook pic.twitter.com/Rg9zR1EhiT — Jesse Felder (@jessefelder) August 17, 2024 Gold hits an ATH in US $…ever, and not a mention in the CNBC’s of the world. The US …
Video captured the moment an elevated beachfront home on the Outer Banks of North Carolina collapsed and was washed out to sea Friday by waves caused by Hurricane Ernesto, according to The New York Times. Hurricane Ernesto made landfall Saturday …
https://fred.stlouisfed.org/series/DRCCLACBS Large banks are doing better, although delinquencies have risen quite bit recently. Still concerning for the 4400 other banks. Delinquency transition rates for credit cards, auto loans, and mortgages increased slightly in the second quater of 2024, per the …
#BREAKING A major cyberattack has targeted the Central Bank of Iran (CBI) and several other banks, leading to widespread disruptions in the country’s banking system, @IranIntl has learned. Initial assessments indicate this could be one of the largest cyberattacks ever …
https://twitter.com/newstart_2024/status/1823348332678234143
JPMorgan Chase, Bank of America and Wells Fargo Under Federal Investigation Over Hundreds of Millions of Dollars in Scams and Fraud on Instant Payments Platform Zelle https://t.co/Pj4ffqcMcR — The Daily Hodl (@TheDailyHodl) August 10, 2024 The agency is responding to …
https://www.youtube.com/watch?v=Ri1gkQNjk3g The banking industry has changed significantly in recent years, affecting how we interact with financial institutions. The familiar sight of bank branches in cities and suburban areas is quickly disappearing. Major banks like Wells Fargo, Bank of America, and …
Why did the carry trade trap spring shut? Brandon Smith of alt-market.com explains why central banks typically coordinate their moves in secret – and what happens when they don’t… From Brandon Smith In 2022 there was considerable debate among alternative economists …
by RhinoInsight After sending out the Insider Report for June today, I noticed that Buffett has been steadily buying shares of Occidental Petroleum Corporation (OXY) for months, an US based company, specialized in the exploration and production of oil and gas. Just in June, …
Interesting video from The Wall Street Journal on co-branded credit cards. “From Apple and Goldman Sachs to Bilt and Wells Fargo, high-profile credit card partnership missteps reveal how risky these deals between brands and banks can be. Almost 30% of …
Worries about the economy and a seemingly slow-footed response from the Fed, along with concerns over corporate earnings, dragged markets Monday. Put that against the backdrop of a stock market with high valuation, and it had all the makings of …
"Recession Triggered" The Everything Bubble pops as jobs collapse and the dreaded Sahm Rule triggers. Japan's implosion is icing on the cake. Morgan and Citi are now predicting a full point of rate cuts in the next 2 meetings — …
12 year old Canadian girl exposes the banks byu/HORROR_VIBE_OFFICIAL ininterestingasfuck Here’s an alternative clip https://www.youtube.com/watch?v=wz-PtEJEaqY
https://www.youtube.com/watch?v=4-ro9iJPJ3k The U.S. banking sector is currently facing challenges as it deals with a significant surge in delinquency rates, leading to mounting losses. Recent reports have revealed a shocking 23% increase in delinquencies, causing concern for both banks and borrowers …
In today’s financially uncertain times, the role of regulatory bodies in ensuring the stability of our banking system is more important than ever. The Federal Reserve, charged with this significant responsibility, conducts annual stress tests on major banks to assess …
The global financial situation is heading towards another crisis, similar to the 2008 recession that affected economies worldwide. This time, the problem is even more serious and has disastrous consequences. The banking industry is facing a crisis with over $520 …
