Independent thinking for complex markets and current events
The U.S. Stock Market is the most concentrated it’s been since the Great Depression pic.twitter.com/VpsGnsHJNY — Win Smart, CFA (@WinfieldSmart) April 9, 2024 The dwindling presence of small-cap stocks in the US equity market is ringing alarm bells reminiscent of the Great Depression era. Currently, these stocks represent less than 4% of the entire market, …
The Reverse Repo Facility and the Repo market are crucial overnight lending mechanisms operated by the Federal Open Market Committee. While repos involve banks selling US Treasuries to the Fed to obtain cash for short-term needs, reverse repos occur when banks buy Treasuries from the Fed, allowing them to generate returns on excess cash. The …
With burgeoning credit card debt, soaring interest payments, and rates not seen since the Financial Crisis, a breaking point looms closer. The consumer is on thin ice as US personal savings rate has collapsed This indicator has dropped from record highs in 2020 to levels last seen during the Financial Crisis To make things worse, …