Americans must need cash, refinancing at these high rates?

Applications to refinance a home loan surged 20% last week compared with the previous week. This as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.13% from 6.15% The refinance share of applications rose to 55.7%. Mortgage applications to purchase …

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Warren Buffett is hoarding more cash… Is something going to crack in the markets soon as liquidity falls?

THIS IS INCREDIBLE: Warren Buffet's Berkshire Hathaway cash as % of total assets SKYROCKETED to 25.0% in Q2 2024, above the Q2 2005 high of 24.5%. Back then Buffett’s level of cash stayed elevated until the end of 2007 when the Great Recession started👇https://t.co/jCbnGnUoe3 — Global Markets Investor (@GlobalMktObserv) September …

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Risk appetite hits one-year low at -10% in August; investors shift to bonds, cash, healthcare, as VVIX sees historic decline.

Risk appetite has fallen for a third successive month in August … down to a one-year low of -10% in August from -5% in July pic.twitter.com/s9jGWi2DOw — Win Smart, CFA (@WinfieldSmart) August 14, 2024 Investors increased allocation to bonds, cash, and healthcare … and reduced allocation to equities, Japan, Eurozone, …

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Philippines’ gold medalist Carlos Yulo awarded condo, cash, colonoscopies, cookies, and more.

Carlos Yulo, the gold medalist gymnast from the Philippines, has indeed been awarded several rewards for his achievements at the 2024 Paris Olympics. These include a cash prize, a condominium, and lifetime supplies of ramen and cookies. 🇵🇭FREE COLONOSCOPIES, CONDOS, CASH, AND COOKIES FOR GOLD MEDAL WINNERS!? The Philippines' first Olympic …

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Australia battles cashless shift; businesses face $25,000 fines if they don’t accept cash, aiming to preserve physical money circulation.

Australian businesses and companies could soon cop huge fines if they don’t accept or carry cash. Politicians Andrew Gee and Bob Katter have introduced a bill that aims to keep physical money in circulation. With the rise of digital payments and wallets, the use of cash has been declining rapidly …

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Want to Pay Cash? That’ll Cost You EXTRA…

When Noa Khamallah recently tried to pay cash for popcorn and soda at Yankee Stadium, his almighty dollars struck out. The stadium’s concession stands no longer take cash. An employee directed him to a kiosk that could convert his greenbacks into plastic. Khamallah, 41 years old, fed $200 into the …

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Lot of companies going to “cash”

Walton Family Sells Massive $1,500,000,000 of Walmart Stock in Three Days On a significant financial maneuver, the Walton Family Holdings Trust has offloaded more than $1.5 billion worth of Walmart stock. This transaction, which involved the sale of 8,823,856 shares, took place over a span of three days, from February …

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SOFR surge signals funding pressure; less cash, dealer inventories, and repo demand risk Fed reassessment and early QT end.

by Chris Black Last Friday the Secured Overnight Financing Rate (SOFR), a repo rate serving as the Fed’s new target reference rate , jumped 6 basis points (6 bps, 0.06) to above the Fed’s target range… Continue reading by subscribing. Username Password Remember Me     Forgot Password

Ethnic Cleansing, and Cash!

by Chris Black The United States reportedly offered Egypt debt relief in exchange for taking in more than 100,000 Palestinians (https://www.telegraph.co.uk/world-news/2023/10/15/egypt-deal-palestinian… Continue reading by subscribing.

If the economy can’t stand on its own two feet after 14 years and at least $40 trillion in free cash printed from the ether, then none of what was done did anything.

by Chris Black Bonds, Bullion, & Black Gold Battered As Hawkish FedSpeak & Inflation Fears Lift The Dollar https://t.co/x8LjjhPw6a— zerohedge (@zerohedge) October 2, 2023 You can’t fix structural problems with a fresh coat of paint and saying everything looks good. The Fed broke everything in 2009. They managed to blow …

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It’s all true. Hunter, the laptop, the Bribes, the Foreign Cash, the Money Laundering, All Of It. The President of the United States is a Crook

Everything the Mainstream Media has told you to ignore for 8 years as “Crazy, Rightwing-Nut Conspiracy Theories!” has turned out to be true. They even impeached the legitimate President of the United States for daring to look into it. The DOJ has known all of it for years. So they’re …

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They are raising interest rates so we hoard cash, meanwhile they inflate the monetary supply to buy assets. We’re going to be left holding the bag.

by TheReignOfChaos Raise interest rates so the ‘sensible’ investment decision is to hold cash; why would they invest in assets and risk a market crash when cash is returning 5, 6, 7%? Meanwhile, buy assets as the currency inflates. Finally destroy the currency, leaving everyone holding money destitute. Force everyone …

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