Chinese banks are now vanishing

🇨🇳 Why Chinese banks are now vanishing – The Economist*In the week ending June 24th, 40 Chinese banks vanished as they were absorbed into bigger ones.https://t.co/Zah97WGTZ4 — Christophe Barraud🛢🐳 (@C_Barraud) July 11, 2024 via MSN: The Chinese banking sector is …

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Now Boeing is Facing Criminal Charges.

“As if Boeing didn’t already have enough problems, today the Department of Justice announced that they are criminally charging the company with fraud over Boeing’s response to the crashes of two of their 737 MAX jets in 2018 and 2019. …

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Tech bulls are facing island reversal of fortune.

The Nasdaq made a new all time high last Thursday morning, then Nvidia spontaneously exploded. Now Tech bulls are facing island reversal of fortune. pic.twitter.com/ErerjtIcpV — Mac10 (@SuburbanDrone) June 24, 2024 #recession … #Tech Bubble 2.0 edition https://t.co/yncu41eSHb — Invariant …

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Top problems facing the nation

Inflation may be cooling, but it continues to loom large over Americans’ evaluations of the country and the economy. Today, 23% of U.S. adults say the economy is in excellent or good shape, down from 28% in January but higher …

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Bitcoin’s current valuation appears inflated, driven by ETF and halving anticipation, but facing realities of shifting market dynamics.

Amidst the fervor surrounding Bitcoin’s price surge, fueled by expectations surrounding ETFs and halving events, critical analysis suggests that the current valuation may be detached from underlying fundamentals. As speculation outpaces historical patterns, concerns arise regarding the sustainability of this …

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Are Stocks Facing a Titanic Crash?

BY DAVID HAGGITH One chart here shows patterns like the present that ended in major disaster at about the point where the pattern is today. I’m sure it’s no surprise to anyone that the Magnificent 7, which led the huge …

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