Independent thinking for complex markets and current events
To implement a CBDC the Treasury & Fed must consolidate 4000 institutions into JPMorgan & big 5. The public will never support this without a crisis The Fed's BTFP + OCE interventions are the only thing preventing a regional banking crisis. They'll pull the rug & play the savior https://t.co/2RhyVZh9fE — Financelot (@FinanceLancelot) July 27, …
For those who say "everything is fine," we saw the same spike in regional banks right before the 2008 crisis 🤫 BlackRock is setting up the rug pull when the Fed takes away emergency BTFP & OCE. https://t.co/YnlzAWEzfU pic.twitter.com/GSVJ4Y3QIE — Financelot (@FinanceLancelot) July 26, 2023 Fed hiked .25% as expected. They left all options on …
by DesmondMilesDant Europeans are facing a new economic reality, one they haven’t experienced in decades: they are becoming poorer, per WSJ — unusual_whales (@unusual_whales) July 25, 2023 https://twitter.com/runews/status/1683903111046234122
Chinese property giant Country Garden sinks in renewed storm SINGAPORE/HONG KONG/LONDON, July 21 (Reuters) – China’s property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country’s biggest developers, Country Garden (2007.HK), capped a turbulent week for the long-troubled sector. News that the firm, which …
via dnyuz: China’s economy is in crisis – and the nation’s youth unemployment problem could be at the root of its current troubles, according to Northwestern University economist Nancy Qian. “To stem the reversal of its economic fortunes, China must address the root of the problem: the lack of high-paying, high-skilled jobs,” Qian said in …
Western economists have repeatedly foretold for nearly two decades that a financial crisis would strike at the drop of a hat in China. In particular, as China enters the post-epidemic era of 2023, the debt level of its financial system has been shockingly high. Economic indicators calculated according to Western economics show that China’s financial …
by mark000 Judo Australian Service PMI in contraction territory again, small MFG sector there saw a bounce but still contracting Composite PMI actual 48.3, previous 50.1 Lowest since December 2022 pic.twitter.com/ROlCMamJyr — Don Johnson (@DonMiami3) July 23, 2023 Despite leading economic indicators contracting sharply, the market has been moving higher A similar divergence occurred during …
“Homebuyer Debt-to-Income Ratios (DTIs) are now approaching 40% in the beginning of 2023. That means homebuyers are now spending 40% of their gross income on mortgage and interest costs. Same level as 2006.” Is another Mortgage Crisis brewing? Homebuyer Debt-to-Income Ratios (DTIs) are now approaching 40% in the beginning of 2023. That means homebuyers are …
A mentally ill woman destroys the entire food section of the store while employees watch on helplessly as they’re unable to take action due to woke store policies and laws. "A mentally ill woman destroys the entire food section of the store while employees watch on helplessly as they’re unable to take action due to …
by Michael Most people that live in the western world don’t realize that global hunger has been absolutely exploding and has now become a major worldwide issue. According to the UN, 2.4 billion people do not have enough food to eat on a consistent basis, and 900 million of them are facing severe food insecurity. Unfortunately, things are about …
https://www.youtube.com/watch?v=x4FVEn6zVjs The UK mortgage crisis is the result of several contributing factors that have created a perfect storm in the housing market. Firstly, the rising cost of housing has played a significant role. Over the past five years, housing prices in the UK have skyrocketed by more than 20%. This steep increase has made it …
Immigration and Customs Enforcement failed to deliver immigration court summonses to more than 80% of illegal immigrants caught and released under the Biden administration’s “parole” program just before the end of the Title 42 pandemic border policy, according to statistics that the government submitted to a federal judge. The migrants were released on “parole” and …
by Simian_Stacker This time around the Fed has already blown its wad with 15 years of QE. The builders are starting to feel it. US: Housing Starts fall 8% in June, Building Permits fall 3.7% Housing Starts and Building Permits declined sharply in June. US Dollar Index stays in positive territory above 100.00. The monthly …
What did this Justin Trudeau just say? He said we learned from the COVID crisis and will apply it to the climate crisis?? 🔥🔥🔥 🔊 pic.twitter.com/pLYieByWbm — Wall Street Mav (@WallStreetMav) July 19, 2023
China’s Murky Debt Corner Faces Funding Squeeze (Bloomberg) — The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around. The bonds funded an economic boom in China more than a decade ago, as local authorities borrowed …
by Martin Armstrong I have been very busy with the whole NATO meeting and questions coming in from important sources. Fortunately, there are some who are looking at our model’s forecast. Nato has stated that while Ukraine can join the military alliance, that will only happen “when allies agree and conditions are met.” Zelensky, …
Consumers face challenges. If banks borrow short and lend long, then a large % of their payments dries up, how do they pay back their lenders in full? (they don't) That eventuality is only growing larger: pic.twitter.com/N96oHRwUBG — Joe Consorti (@JoeConsorti) July 13, 2023 University of Michigan consumer sentiment is levels last seen during: – …
Total BTFP & OCE didn't drop this week. The Fed paused pulling liquidity from the banks Now that we know Bullard is leaving the Fed on Aug 14 that's the likely target week when the Fed plans to start dramatically reducing BTFP & OCE liquidity, causing the banking crisis in Sep🤫 https://t.co/lwuGir9xCj pic.twitter.com/om91NKrS9u — Financelot …
Global Export New Orders Fall 16 Straight Months Led by Goods PMI surveys compiled by S&P Global Market Intelligence indicated a sixteenth monthly fall in export orders for goods and services at the end of the second quarter. Global PMI chart from S&P Global Market Intelligence Global Trade Falls at Fastest Rate for Five Months …
Interest rates are at levels comparable to that seen during the Financial Crisis Tight monetary policy is going to be a major headwind for the economy in H2 2023 pic.twitter.com/i7eXcI5Lxf — Bravos Research (@bravosresearch) July 12, 2023 This is the first S&P 500 new (52 week) high that is not confirmed by mega cap Tech. …
DeSantis Hits All-Time Low in Delegate Forecast, Holds Crisis Talks With Donors. Florida man Ron DeSantis is at an all-time low in GOP delegate number predictions, dropping more than 400 since declaring his candidacy, according to ‘Race to the WH,’ which tracks the latest GOP polling data. DeSantis was predicted to receive around 1,413 delegates …
by confoundedinterest17 To quote Bill Paxton’s character from Twister: “It’s Already Here!” The feared recession, that is. The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial Crisis of 2008/2009. Of course, the Biden family household net worth is off the charts. …
2024: Will we make it? Many Americans fear a recession as severe as 2008 could be coming. Here’s what experts say It has been well reported that an economic downturn could be coming. But the big question is when might a recession happen, and how bad could it be? Many Americans fear an economic downturn …
THERE IS NO SOFT LANDING Not for the US consumer, not for the US Government This plane is flying straight towards a Debt Jubilee or crashing in a Great Depression 2.0 Fintwit passengers can argue about the meaning of turbulence along the way But that’s how this ride ends pic.twitter.com/uzZanBIIAC — Amy Nixon (@texasrunnerDFW) July …
by Junior_Wrangler8341 Source: @SuburbanDrone $1.7 Trillion in Americans’ Savings Burned Since 2020 As Credit Card Debt Hits All-Time High Americans have squandered $1.76 trillion in savings since 2020, leaving a meager $533 billion. Personal savings are at a dismal 4.6% of income, well below the 8.9% average. A staggering $986 billion credit card debt adds …
Recent stock market surge deviates from reality, with fund managers buying overvalued stocks to catch up, pushing the market higher. https://twitter.com/MFHoz/status/1674879653008359424 Look at NAIIM, they are fully invested now. — The Macro Pulse (@TheMacroPulse) June 30, 2023 Nine months down, and nine months up. And what a load of bull shit we've had to suffer …
Source: wolf street shit. the risk premium keeps widening up. mean revision will eventually occur — VISK (@KevinDu923534) June 29, 2023 h/t BoatSurfer600
