Independent thinking for complex markets and current events
Nearly 600,000 supporters are demanding answers after paying $100 deposits for the T1… Yahoo Finance reports that not a single device has shipped since the June 2025 reveal… The official website has scrubbed all mention of a launch date as of this afternoon… Revised terms now explicitly state a deposit is not a guarantee a …
Federal Reserve Financial Services (FedACH) is currently experiencing a partial outage, with confirmed issues affecting the FedACH service. StatusGator reports that other components of the Federal Reserve Financial Services are operational, but users relying on FedACH for electronic payments may face disruptions. Status: Partial outage — FedACH is down. Impact: Delays in processing ACH files, …
Vizla Silver … who controls one of the single largest Silver deposits in the world – located in Mexico … had 10 of it’s employees kidnapped by the Sinaloa Cartel a couple weeks ago … those employees have now been found dead … i’m pretty sure this is going to take their massive planned Silver …
Your bank earns 5% on your money, you earn 0.4%, and you can’t fix it. Banks pay you 0.4% interest on your deposits, then take your money & put it at the Fed, which pays them 5% interest on your money. Federal law bars you from cutting out the middleman & depositing your money at …
Total Insured Deposits: $10.5 TRILLIONFDIC Insurance Fund: $140.9 BILLION That’s just over a PENNY for every DOLLAR they "insure." Yields are rising, bank losses are growing, and what comes next could be much worse. Don’t assume "your money" is safe. pic.twitter.com/jbj4Jj4A9K — Taylor Kenney (@taylorkenneyitm) May 30, 2025
by MonetaryCommentary This particular offshore dollar liquidity gauge, calculated as the ratio of total liabilities of foreign-related institutions in the U.S. to U.S. deposits at foreign banks, remains mired in a secular upswing, suggesting that foreign banks are still boosting their dollar liabilities in U.S. markets at a faster pace than U.S. residents are placing dollars …
The United States just hit the lithium jackpot. Twice. Not one but two of the largest lithium deposits in the world have been found within its borders. This isn’t just a geological windfall. It is a geopolitical shift, and the timing could not be more strategic. Tucked between Oregon and Nevada, the McDermitt Caldera is …
If you needed any further proof of how banks are “fabricating deposits” via playing ping pong with cash between each other to hide their liquidity hemorrhage here you have it 👇🏻 No you aren’t having hallucinations: US banks alone lost ~1 trillion $USD in the past 9 months If you needed any further proof of …
Kamala gave all their paycheck money to Bouncey, Katie Perry, and Oprah. I'm sure these generous celebrities will return the $$$ to pay these staffers. It's the right thing to do. — LLCoolG🇺🇸 (@LDHITE22) November 10, 2024
By Martin Armstrong A new study by Florida Atlantic University believes that 94 separate US banks are facing a significant risk of bank runs. The at risk banks have all reported a 50% or higher ratio of uninsured deposits to total deposits. Basically, they simply do not have the hard currency to shell out in …
The Federal Deposit Insurance Corporation (FDIC) has unveiled a startling figure that shows Americans are holding a colossal $7.7 trillion in uninsured deposits within their bank accounts. The agency’s data, captured at the end of March, shows the amount of unprotected deposits in US banks has been increasing for the first time since the last …
Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago. A network of eight banks held $109 million in deposits for Yotta customers as of April 11, according to Evolve Bank & Trust, which filed a bankruptcy court letter. However, …
Many banks are kept afloat by borrowing from a special short term rescue fund at the Fed. To date over $ 100 billion has been borrowed to keep the banks solvent. The banks are sitting on a keg of financial dynamite with over $ 650 billion in unrealized losses on Treasury securities in addition to …
by Dismal-Jellyfish Source: https://libertystreeteconomics.newyorkfed.org/2023/11/the-nonbank-shadow-of-banks/ TLDRS: Fed paper: The evolution of banks and nonbanks is closely linked, particularly since the 1990s. In the 1990s, financial ‘innovation’ and regulatory changes boosted asset securitization. This shifted financial intermediation from a traditional bank-centric model (taking deposits, issuing loans, and holding them to maturity) to a new model where loans were …
Bank of America stated "deposits are going to be processed and the delay is due to an external network that processes transactions" pic.twitter.com/j1Rw9f8kMT — CryptoBitcoinChris (@CryptoBTC_Chris) November 5, 2023 Good morning, Amy. Due to an industry-wide delay with Federal ACH transactions, some ACH credits and debits, including some Direct Deposits, haven't been processed. We recommend …
“Customers at several big banks on Friday wrestled with direct deposit delays stemming from an industry-wide processing issue…surge of “outages” reported by banking customers Fri morning, incl Bank of America, Chase, Truist, U.S. Bank…” via @CNBC “Customers at several big banks on Fri wrestled with direct deposit delays stemming from an industry-wide processing issue…surge of …
On May 1, the Federal Deposit Insurance Corporation announced that First Republic Bank had failed and that it was being sold to JPMorgan Chase. At the time, JPMorgan Chase was already the largest and riskiest bank in the United States. The sweetheart deal the bank got from the FDIC to take over First Republic included …
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 …
Guest Post by Pam and Russ Martens at Wall Street on Parade.com: On March 30, 2022, two highly troubling events occurred: (1) Fed data showed that unrealized losses on available-for-sale securities at the 25 largest U.S. banks were approaching the levels they had reached during the financial crisis in 2008; and (2) the Fed simply …
Interest rates on bank deposits are reaching rock bottom, with major banks offering meager rates like Wells Fargo at 0.15%, Citibank at 0.05%, Chase, Bank of America, and US Bank all hovering at a mere 0.01%. In contrast, alternatives to traditional bank deposits are offering significantly higher returns, with Certificates of Deposit (CDs) topping the …
by Dismal-Jellyfish https://fred.stlouisfed.org/series/DPSACBW027SBOG https://www.federalreserve.gov/releases/h8/20230825/ A tad over a year ago (4/13/2022) the high was hit at $18,158.3536 billion: Date Deposits, All Commercial Banks (billions) Down from all time high (billions) 4/13/2022 $18,158 0 2/22/2023 (Run picks up speed) $17,690 -$468 billion 3/1/2023 $17,662 -$496 billion 3/8/2023 $17,599 -$559 billion 3/15/2023 $17,428 -$730 billion 3/22/2023 $17,256 …
Banks are tightening lending standards consistent with levels that have ALWAYS led to a recession Buckle up pic.twitter.com/OjXqe4OpZN — Bravos Research (@bravosresearch) September 4, 2023 https://twitter.com/RJRCapital/status/1698498854453227530 The current yield curve inversion is at the same level as 1928. Let that sink in. pic.twitter.com/zEEaqCMETP — Bravos Research (@bravosresearch) September 4, 2023
by Dismal-Jellyfish Source: https://www.federalreserve.gov/monetarypolicy/fomcminutes20230726.htm Developments in Financial Markets and Open Market Operations: The manager turned first to a review of developments in financial markets over the intermeeting period. Market participants interpreted data releases as generally demonstrating economic resilience and a further easing of inflation pressures. The market-implied peak for the federal funds rate rose in response …
by confoundedinterest17 Yes, there is a Dark Side to Federal stimulus! And it isn’t Dark Side of the Moon, but the dark side of who benefits from Federal stimulus. Its all about money. Example? Take Checkable Deposits of the to 1% (blue line) of wealth compared to the bottom 50% of wealth (red line) after The Fed …
via dnyuz: Well, that didn’t take long. Like Threads before it, the network effect is at work for Apple’s new Savings account! Tech. Entertainment. Science. Your inbox. Sign up for the most interesting tech & entertainment news out there. Email: SIGN UP By signing up, I agree to the Terms of Use and have reviewed the Privacy Notice. …
Regional banks are still losing deposits and slowly failing. 🔊 https://t.co/YhK8gaYKxw — Wall Street Mav (@WallStreetMav) July 27, 2023
by Dismal-Jellyfish I would like to review a few items this morning: Commercial deposit withdrawals Bank Term Funding Program (BTFP) making up for gaps Todays notice from FDIC banks aren’t correctly reporting the amount of deposits they have that aren’t covered by federal insurance*. \When banks incorrectly report uninsured deposits, it could create a perception …
by Dismal-Jellyfish Source: https://www.fdic.gov/news/financial-institution-letters/2023/fil23037.html The FDIC observed that some insured depository institutions (IDIs) are not reporting estimated uninsured deposits in accordance with the instructions to the Consolidated Reports of Condition and Income (Call Report). For example, some institutions incorrectly reduced the amount reported to the extent that the uninsured deposits are collateralized by pledged assets; …
Large Banks Experience Record $921B Deposit Drain in 40 Years, Outpacing Small Banks’ Decline Data from the Federal Reserve reveals that large banks in the U.S. are experiencing the fastest decline in deposits in four decades. Since April 2022, deposits at the 25 largest commercial banks have plummeted by $921 billion, a decline of 7.88 …
“The last three recessions occurred when this proxy measure was at or near its lowest levels. The current reading is at or below any spread since at least 1998. Couple poor profit potential with fleeing deposits, and the banks’ ability or profit motivation to lend is minimal.” The last three recessions occurred when this proxy …