Independent thinking for complex markets and current events
As if San Francisco wasn't dangerous enough, SFPD is experiencing an "unprecedented" staffing crisis. More than 700 officer jobs are currently empty, representing 32.4% of its intended size. Another 350 officers are already eligible for full retirement. Between recruitment… pic.twitter.com/kAfesfqm5D — Charlie Kirk (@charliekirk11) October 5, 2023
This fund manager is holding 60% cash — and expecting a stock-market crash Ruffer’s main claim to fame is to have successfully sidestepped the 2000-2003 and 2007-2009 market collapses Yikes. There’s bearish, there’s really bearish, and then there’s Ruffer & Co. I don’t want to spook everyone managing their own retirement portfolio. But the London-based …
The mainstream media is ignoring the crisis that's happening in Sweden. I have been warning about it for years, but the left just called me a "conspiracy theorist" Sign up to my newsletter to get my latest reports on what's happening in Sweden👇https://t.co/yiNatNlkXW — PeterSweden (@PeterSweden7) October 5, 2023 First Sweden creates the problem by …
The Bear Market never ended. The end of this bear market rally is rapidly approaching……. https://t.co/kf0JCvL7XA — Win Smart, CFA (@WinfieldSmart) October 5, 2023 G, we already there… Long-duration US TSY bonds have now lost more in % terms than stocks did during the GFC in 2008-2009 The drawdown in Vanguard Ext Duration Treasury ETF …
Was Douglas Durst's strange post on his US Debt Clock website a warning of what is to come? The post appeared the night before markets began panicking about Japan on October 2nd, 2023. pic.twitter.com/D4PMG0IdMc — Financelot (@FinanceLancelot) October 5, 2023 The stock market fear and greed index is in extreme fear: pic.twitter.com/phA81ALBhu — unusual_whales (@unusual_whales) …
by DesmondMilesDant Caption: Zerohedge : https://twitter.com/zerohedge/status/… Caption: Full study by FDIC. https://www.fdic.gov/bank/historical/… The LDC debt crisis was a major event that occurred in the early 1980s. It began when Mexico’s minister of finance informed the Federal Reserve chairman, the secretary of the treasury, and the International Monetary Fund (IMF) managing director that Mexico would …
https://t.co/3i8lURYf73 — Win Smart, CFA (@WinfieldSmart) October 4, 2023 What is going on with the US debt? There is currently no debt ceiling because former Speaker McCarthy suspended the limit until 2025 (foolishly). So Biden can borrow an unlimited amount of money. It went up $275 billion in ONE DAY. $442 billion in just two …
Section on how the global banking crisis will unfold once the derivatives market blows up, bringing in the new era of The Great Reset & CBDC 👇 https://t.co/Xsb9xXFLQH pic.twitter.com/2a9lnpmoDq — Financelot (@FinanceLancelot) October 4, 2023 Nigel Farage comments on the recent call by unelected head of the European Union, Ursula von der Leyen, for world …
by theSilverVigilante Rising #bond #yields is hurting #US #banks and it starts to show up in the #cds – see below. With US Treasuries at 5%, Bank of America is close to 45x levered, at 6-7% infinitely levered. Maybe the #Fed should have stress-tested the banks not only on credit quality but also duration… Source: …
via hotair: The real crisis didn’t come from professionalization. It came from Big Tech platforms, which first partnered with bloggers and independent voices — and then worked to curtail or even silence them. The first iteration of this came with Facebook, whose vast audience attracted many independents and some corporate bloggers to commit to that platform, only …
https://www.youtube.com/watch?v=9RTLHpVwzmI If you’re worried about your finances, you’re far from alone. U.S. banks are warning that a credit crisis worse than 2008 is on the horizon, and it is coming at the worst possible time for American families. Credit card issuers are about to tighten lending standards even further, making it more difficult for consumers …
This liquidity strain might prompt banks to tighten lending, potentially making it more challenging for individuals and businesses to access credit. A record $870 billion of deposits have left banks over the last 18 months. This is the highest deposit flight since The Great Depression. The UAW strike, student loan payments & government employees furloughed …
Yes sir we are https://t.co/SioCV8HIqX — JustDario 🏊♂️ (@DarioCpx) October 1, 2023 Is another U.S. credit downgrade coming, followed closely by this? 👇🤫 https://t.co/jOp80yIEUn — Financelot (@FinanceLancelot) October 1, 2023 They don't just hike to 5.5% and then the system collapses in the next trading session. It takes a while for the "deflationary smack" to …
Without the mass deportation of tens of millions, including their children, covering over a decade of illegal entry since DACA, the US population and electorate is going to be defined by recent arrival illegal aliens in your lifetime. pic.twitter.com/Lord75zeCY — ib (@Indian_Bronson) September 27, 2023 Mission accomplished. h/t Stephen Green
Ray Dalio says the United States is going to have a debt crisis. "There are two ways to conquer and enslave a country. One is by the sword. The other is by debt." – John Adams The bill always eventually gets paid one way or the other. — Gold Telegraph ⚡ (@GoldTelegraph_) September 28, 2023
by elProtagonist As you can see from the graph, there is a direct link between the growth of AirBNB listings and housing prices. The economists have been looking at the housing market the wrong way. The problem is that RESIDENTIAL properties are being used for COMMERCIAL purposes. People are buying secondary homes as investment properties. …
by IWEARYOURCLOTHES I just wanna start with the typical, I’m highly regarded so don’t take anything I say seriously and I have no diarrhea about what I’m talking about. So tonight at dinner my dad told me that someone he was talking to said that, the Bank of Montreal and some other bank but he …
Swarming in numberspic.twitter.com/Sp9l0rLG1x — J T (@joshuatan88) September 27, 2023
“Once again, media’s setting up the “Perfect Storm” narrative to cover for the Fed’s recession. The Journal lists out a “convergence of hazards” that could tip us over: union strikes, government shutdown, student loans, soaring gas prices. Only one they forgot is aliens. They do this every time: Biden’s inflation had a new excuse every …
“JUST IN: Nearly 700 US banks now exceed the 2006 Commercial Real Estate (CRE) loan concentration guidance. What is the CRE loan concentration guidance? It’s guidance by the FDIC for the amount of exposure that small banks should have to CRE loans. Currently, small banks hold over 70% of CRE loans which is $2 trillion …
JUST IN: New York City is gearing up to pay over $1,000,000,000 on just hotels over the next 3 years to house illegal immigrants. Good! That’s what happens when you call yourself a “Sanctuary City.” But that’s just the hotel costs. NYC Mayor Eric Adams estimates the total cost of the migrant crisis will be …
To stop more insurance companies from ditching California, the state’s insurance commissioner has approved plans for firms to use “climate change” as an excuse to gin up rates. California will let insurance companies consider climate change when setting their prices, the state’s chief regulator announced Thursday, a move aimed at preventing insurers from fleeing the state …
Since the creation of the Fed in 1913, US federal debt has on average doubled every 8-9 years. By 2036 US debt could be approximately 100T. If we make it that far lol. How do we get out of this financial mess? Neither party in DC seems able or willing to actually cut… pic.twitter.com/3evQTQdijo — …
https://www.youtube.com/watch?v=xmz0OxQJ1x4 We’re witnessing the worst food crisis in modern history, and new data shows it is about to go to an entirely new level. Right now, Hundreds of millions of people are desperately hungry all over the world, and an alarming number of children are facing starvation. According to the official UN website, approximately 735 …
Even China’s 1.4 billion population can’t fill all its vacant homes, former official says Unsold, completed: ~7.2 million homes, according to Reuters calculations, based on the average home size of 90 square metres. That does not count: the numerous residential projects that have already been sold but not yet completed due to cash-flow problems or …
-Fast track processing at the US border -Expand legal pathways for citizenship -Increase the total number of refugees -Send money to help sanctuary cities -Speed up work-permits for illegals Biden unveils his plan for the border crisis: -Fast track processing at the US border-Expand legal pathways for citizenship-Increase the total number of refugees-Send money to …
Peter Schiff is warning that bonds are facing a grim future, with the 10-year Treasury yield hitting a high not seen since October 2007 at 4.48%. He anticipates that the 30-year fixed-rate mortgage will reach 8% in the coming week, and next year, the 10-year Treasury yield could exceed 6%, leading to mortgage rates nearing …
by Michael Hundreds of millions of people are desperately hungry all over the world, and by the time you are done reading this article more children will starve to death. Earlier this year, CNN actually admitted that we are in the midst of “the worst food crisis in modern history”, but because the mainstream media rarely features …
Debt seems to be bipartisan. pic.twitter.com/WxZlPf2woG — FIATFIRE 🔥 🔥🔥 (@fiatfire) September 20, 2023 If you print $4 trillion … that type of impact on real income is inevitable. Inflation over the past 3 years had run much faster than income growth, as a result we are overall losing buying power. Even if inflation comes …
Lobbyists Grab Control at House Financial Services Hearings, Backing Jamie Dimon’s Push to Gut Higher Capital Proposals We’re very sorry to have to tell you this, but if you’re not watching Senate Banking or House Financial Services Committee hearings when the topic is about increasing bank capital or any new regulations to make the …