Market Echoes Early Pandemic Panic Buying: High Beta Collapses, No Mega-Stimulus Support This Time; Longest-Ever Yield Curve Inversion Raises Economic Concerns.

In a significant market development, the 10-Year minus 3-Month Treasury Yield Curve has remained inverted for a historic 278 consecutive trading days, marking the longest inversion in financial history. The inversion has deepened recently, reaching its lowest point since August, …

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EV financial math collapses with $3 gas.

The electric vehicle math isn’t adding up, with average transaction price around $50,000 and gas price nationwide falling to $3 a gallon Despite new electric vehicle market share and sales hitting a record in the U.S. this year, EV growth is starting …

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China-base Zhingzhi Enterprise Group collapses, declares massive default on financial instruments

– Ripple effects will impact U.S. institutional investors, pensions, municipalities, banks and more – US banks getting hit with a liquidity crisis that will only get worse https://www.cnn.com/2023/11/23/business/zhongzhi-enterprise-group-china-insolvent-hnk-intl/index.html https://fortune.com/2023/11/24/china-real-estate-zhongzhi-enterprise-group-shadow-bank-real-estate-crisis/ https://www.bloomberg.com/news/articles/2023-11-22/china-s-troubled-shadow-bank-zhongzhi-warns-of-insolvency#xj4y7vzkg h/t TerraForms

Banks are back at the lows of 2023. Four major banks experience alarming stock collapses.

Banks are back at the lows of 2023, because manipulated earnings expectations are better than feared. pic.twitter.com/jdnDR9xHUv — Mac10 (@SuburbanDrone) October 24, 2023 https://twitter.com/1CoastalJournal/status/1716947500324823156 🚨Barclays -6.79%PacWest Bancorp -8.90%Banc of California -6.30% https://t.co/vlJ29i67SX — Financelot (@FinanceLancelot) October 24, 2023 #recession … …

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AfD head Tino Chrupalla Collapses and Hospitalized After Allegedly Being Stabbed With Syringe by Two Antifa Members

View post on imgur.com https://www.dw.com/en/afd-leader-chrupalla-hospitalized-after-violent-incident/a-66998733 #Weidel an einen sicheren Ort gebracht, #Chrupalla „tätlich angegriffen“ (wohl mit einer Spritze. Wachsender Zuspruch für die #AfD —> Establishment fühlt sich bedroht —> Intensivierung des politisch motivierten Terrors. pic.twitter.com/akTrTfG25D — Niels Betori Diehl (@NBD_NBD_NBD) …

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DAVID HAGGITH: Fed talks “catastrophe.” JPMorgan talks “second wave” of banking collapses. History says the Fed NEVER makes it past the present depth of tightening — not ever!

via thedailydoom: San Francisco skyline | Photo by Patrick Perkins on Unsplash In the past, I’ve called this event the “Epocalypse” because it will be epic in scale and will eventually be seen as a new epoch in humanity’s economic history that will be apocalyptic in its level of …

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