Independent thinking for complex markets and current events
One of the world’s ‘most dangerous plants’ has arrived in the UK, with a sting so strong it’s been known to cause suicidal thoughts. The Gympie-Gympie is so potent that it’s been likened to being ‘electrocuted’ and being on fire at the same time. Whilst the painful plant is usually kept in botanical gardens, one …
“Inflation has… pretty much come from nowhere.” -Christine Lagarde European Central Bank President "Inflation has… pretty much come from nowhere." -Christine LagardeEuropean Central Bank President They printed trillions of Euros and had negative interest rates for years. Now they pretend they didn’t cause any of it. 🔊 pic.twitter.com/awiyyZDI3k — Wall Street Mav (@WallStreetMav) July 4, …
by Michael If you live in the Southwest, you don’t need me to tell you that it is hot. A massive “heat dome” has been sitting over the region for quite some time, and it doesn’t appear that it will be moving much for at least several more days. There have been many areas where …
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 Borrowers with expiring fixed-rate or tracker mortgages face difficulties, with some saying they will be forced to sell their homes via theguardian For Steven, a media consultant from Guildford, and his wife, the remortgaging nightmare is only beginning. “People like me can’t sleep at night – it’s horrendous,” he says. “The mortgage for …
Binance is 10-15x larger than FTX. The collapse will cause the death of most crypto exchanges. There are no firewalls in the crypto industry. https://t.co/OfIXjvTxfe — Financelot (@FinanceLancelot) June 11, 2023