Independent thinking for complex markets and current events
Staggering stat from the WSJ. Banks are doing some serious can kicking so they don’t have to mark down losses on loans Only 25% of CRE loans were paid in full. Where are the regulators to end this BS? Lenders have the banks by the balls. The whole thing is a giant sham pic.twitter.com/Ns7tEGuBYI — …
Credit card interest rates just hit a new record high in Feb – American families are paying over $240 billion a year just in interest on this debt, before a single dime goes to paying down the principal: pic.twitter.com/N6UxBnyZcl — E.J. Antoni, Ph.D. (@RealEJAntoni) April 6, 2024 https://twitter.com/WallStreetSilv/status/1776411944087384164 https://twitter.com/StealthQE4/status/1776409323754729972 "Can someone explain to me why …
In the months before Bed Bath & Beyond declared bankruptcy last April, the former home goods titan was trapped in a crushing cycle. The retailer had been failing to pay its vendors on time, if at all. During the pivotal holiday season, some began requiring payment when goods were delivered or refusing orders altogether, which …
Documents for Donald Trump‘s $175 million bond in his New York civil fraud case were rejected by a court because a current financial statement was not included. On Wednesday, a message on the New York State Supreme Court’s electronic filing system showed Trump’s “Bond/Undertaking” had been “returned for correction.” https://www.newsweek.com/donald-trump-forced-reveal-his-finances-save-his-properties-1886609 They need to know how much …
Disconnect between Fed 🏛 & S&P 500 pic.twitter.com/V4HEctJ1O8 — Win Smart, CFA (@WinfieldSmart) April 3, 2024 10 largest stocks trade at P/E of 26x vs. 47x at peak of DotCom pic.twitter.com/9K2BTuGSGm — Win Smart, CFA (@WinfieldSmart) April 3, 2024 A stark dissonance grips the financial markets as the gap between the Federal Fund Rate and …
from Kerry Lutz’s Financial Survival Network
"I don't know a single person in Canada who's not struggling right now" "Everyone is on the brink of LOSING everything" "We're literally just working to scrape by to survive" "It's almost impossible to leave Canada because that's expensive" "There's this huge feeling of… pic.twitter.com/GxtC901yCV — Wall Street Mav (@WallStreetMav) March 29, 2024 It is …
This is a very good NYT article to read through the long weekend Personally speaking I think #Boeing risks are being greatly underestimated so far, let’s see how many more accidents are needed before these doomed planes are grounded for good 🙄 https://t.co/nSAkAVdKVS pic.twitter.com/3EGV8eHRFE — JustDario 🏊♂️ (@DarioCpx) March 30, 2024 https://justdario.com/2024/03/insurances-and-banks-risk-a-boeing-financial-nightmare-03/
via Mike Shedlock The EU never enforced its Growth and Stability Pact or Maastricht Treaty rules. The crisis is coming to a head with France and Italy in the spotlight. The first casualty will be Green policy. Image composite by Mish from the European Commission Compliance Tracker Compliance Rules Deficit rule: a country is compliant if …
Bank of America, a major player in the financial world, has issued a troubling warning about the possibility of a severe financial crisis. They are concerned about the growing number of toxic assets, which they believe could severely damage the U.S. financial system and have widespread effects on the global economy. It emphasizes the need …
The future of AI-powered censorship is here, and the early returns are as error-filled and clumsily destructive as Google’s infamous Gemini rollout. On March 4th, Yves Smith — nom de plume for the editor of Naked Capitalism, a popular site containing economics commentary and journalism — received an ominous letter from its ad service company: Hope you are doing …
2) Of course – prices are still high compared to pre-pandemic levels. With another 18% drop in builder sale prices needed to match the 2019 value level of $336,000 for a new house. Will we eventually get there? pic.twitter.com/xzUvh2Y7dk — Nick Gerli (@nickgerli1) March 25, 2024 5) As you can see, these tactics of reducing …
Are you ready for a financial shake-up? According to experts like Tavi Costa and Howard Marks, the signs are pointing to a major shift in the investing world. With inflation on the rise and central banks pumping money into the economy, owning hard assets like gold and commodities could be the way to go. Howard …
The world is sitting on the edge of a precipice. It is a world which is highly leveraged. Global debt, for every $1 growth in GDP last year, required $3 of debt, and that doesn’t exclude America. In the fourth quarter, for every $1 of GDP growth, it needed $25 of debt. And when you …
Just about everything I tweet that’s negative is backed by a source. News article or a retweet. Some people are pragmatic about life while others are eternal optimists. The pragmatics rarely take the bait. The optimists end up being the bag holders when the music stops. — QE Infinity (@StealthQE4) March 20, 2024 Not only …
One of the biggest sources of demand for equities remains the companies themselves. Its the self reinforcing cycle of higher asset px -> higher sales -> better cash flows -> more buybacks -> higher asset px… pic.twitter.com/Ykm3XvLw1i — Bob Elliott (@BobEUnlimited) March 13, 2024 You know, it’s a bit like a never-ending loop – when …
Global Corporate Defaults hit highest level since the Global Financial Crisis pic.twitter.com/A676mRcBI7 — Win Smart, CFA (@WinfieldSmart) March 14, 2024 Meanwhile in US: WARNING: Credit card default rate for small lenders have just hit a new record of 7.8% These levels have never been seen since 1991 pic.twitter.com/DrCN9MF0bv — Bravos Research (@bravosresearch) March 14, 2024
via naturalnews: President Joe Biden’s administration is firm in declaring that the year 2024 is the time for Americans to start breathing easy again when it comes to inflation that haunted households for a few years. After more than 20 months of skyrocketing prices and higher borrowing costs, investors, economists and Federal Reserve officials claim …
“American billionaires are selling stocks by the boatload – sparking fears of an impending financial disaster. Jeff Bezos – the third-richest man behind Louis Vuitton’s Bernard Arnaut and Elon Musk – unloaded $8.5billion in Amazon shares this month alone. Mark Zuckerberg – the fourth-richest – sold about 1.4 million Meta shares worth roughly $638million. Jamie …
FIRST ON FOX: A new report from the House Judiciary Committee and its Weaponization Subcommittee revealed that the federal government conducted “broad” and “unjustified” surveillance of Americans’ private financial data through financial institutions, while suggesting banks use information from anti-conservative organizations’ lists of “hate symbols” to determine potential persons of interest. Fox News Digital first …
#JustDarioDaily 🚨MORGAN STANLEY – BIG BALANCE SHEET LOSSES HIDDEN BEHIND EXOTIC DERIVATIVES CURTAINS (AGAIN)? 😳🚨 When you've spent enough time trading inside a bank and watching markets for hours a day sometimes you're able to spot if something suddenly starts behaving… https://t.co/u0OcVSS8Jq pic.twitter.com/XT4nAo6R37 — JustDario 🏊♂️ (@DarioCpx) March 7, 2024 Why is the largest bank …
Live with / villgecrazylady talking her research into Letitia James’ creative campaign spending.
The commercial real estate market is facing a dire situation, with reports suggesting a staggering loss of 50-60% of its value. This alarming depreciation, however, may just be the tip of the iceberg. As the industry grapples with this significant downturn, questions arise about the potential impact on Wall Street and the resilience of financial …
“The Fed has a mostly bullshit mandate to keep prices “stable.” What they know is the higher the inflation, the richer them and all their friends get with ZERO effort or success. So how do they accomplish this? 1. They increase the target range of inflation from 0% to 1-2% 2. Once 2% is hard …
The fusion of the stock market with the crypto market is now complete. Bitcoin is 90% correlated with Nvidia. It's a $4 trillion financial weapon of mass destruction. Sponsored by artificial intelligence. Which is now rampant. And also in computers. pic.twitter.com/X3bjYwkzVI — Mac10 (@SuburbanDrone) February 28, 2024 Bulls, these central bank rigged markets will always …
The Financial Times has launched a new venture arm to invest in high-growth media and tech companies, executives told Axios, and FT Ventures’ first investment is in Charter, a future-of-work media startup. Why it matters: The separate investment arm lets the FT explore strategic investments in smaller, high-growth startups that wouldn’t make sense for the broader FT Group. Catch up quick: The FT …
China’s financial sector needs to focus on supporting the real economy and must refrain from “fake financial innovation”, state media has proclaimed amid a tightening of regulations as Beijing seeks to flex its financial might. In what is widely believed to be a warning against capital idling and speculative activities by banks and lending institutions, …
