A hub for independent voices and hard truths
by mark000 In August 2008 what was about to happen? A GFC and the plunge stage of the Great Recession. And 99% of people were blissfully unaware even as the other 1% could see it inevitable arrival, just waiting for …
A group of New York Republicans moved Wednesday to expel George Santos from the US House, marking a potential turning point in the saga of the freshman congressman whose alleged fraud and fabrications led to criminal charges and national notoriety. …
https://t.co/QExVpGvRNS — Win Smart, CFA (@WinfieldSmart) October 6, 2023
The jobs market and the economy is clearly not what we’re being told. The Consumer Financial Protection Bureau warns that 1 in 5 student loan borrowers could struggle when payments restart this fall. This comes after a three-year pause on …
This fund manager is holding 60% cash — and expecting a stock-market crash Ruffer’s main claim to fame is to have successfully sidestepped the 2000-2003 and 2007-2009 market collapses Yikes. There’s bearish, there’s really bearish, and then there’s Ruffer & …
The Bretton Woods system is not working and has to be changed, according to the Russian president The dollar-based global financial system is not balanced as it does not meet the interests of all countries, Russian President Vladimir Putin said …
by Michael History is starting to repeat itself. In 2008, bond prices crashed before stock prices did. Here in 2023, bond prices are crashing again. In fact, we are currently witnessing one of the greatest financial crashes in U.S. history …
The public focuses on the stock market but this bond market is much more important to the economy. There are major consequences for all the banks who hold Treasury Bonds. The level of unrealized losses has probably gone through the …
by Chris Black This is the end of quantitative easing and returning to more normal interest rates. Are you prepared for what’s coming? Markets are beginning to suspect that there’s not going to be an … Continue reading by subscribing. …
The Bear Market never ended. The end of this bear market rally is rapidly approaching……. https://t.co/kf0JCvL7XA — Win Smart, CFA (@WinfieldSmart) October 5, 2023 G, we already there… Long-duration US TSY bonds have now lost more in % terms than …
https://www.youtube.com/watch?v=JMmPItqPM9c Even in the best economy, the restaurant industry is all about struggle. Margins are incredibly tight and even the slightest change in one statistic can make life miserable for the finest of establishments. Restaurants have been taken down by …
With the median mortgage payment exceeding the cost of rent by $1,000 per month and average new car payments and used car loan interest rates reaching new highs, households are feeling the strain of increasing expenses. The milestone of $1 …
https://t.co/ljTuDAet8Z — Win Smart, CFA (@WinfieldSmart) September 28, 2023 The Fed reduced emergency OCE bank liquidity by only -$3B. I'm sure it's just a coincidence the market selloff bottomed this week as well 😉 So what caused the Fed to …
(Natural News)—There is very little time that remains before the inevitable collapse of the current financial system, aka Ponzi scheme, commences, and the world as we currently know it comes to an end. What will it look like? Intelligence expert-turned-whistleblower …
BREAKING: 55% of households earning less than $50,000 are living paycheck to paycheck, per Moneywise. — unusual_whales (@unusual_whales) September 22, 2023 The housing market is stuck, per BI: Americans can't afford homes, investors aren't buying property, and economists see little …
Lobbyists Grab Control at House Financial Services Hearings, Backing Jamie Dimon’s Push to Gut Higher Capital Proposals We’re very sorry to have to tell you this, but if you’re not watching Senate Banking or House Financial Services Committee hearings …
The financial landscape is showing signs of entering the second phase of the credit cycle, where financial institutions suddenly face the realization of credit losses. This is causing notable instability and liquidity challenges within the banking system. Simultaneously, many companies …
by LakesideDreaming I just heard a YTer now facing criminal charges received like 80 grand in PPP loans? Um, how? It’s not even a real job or business. How does someone whose already probably in a very high income bracket, …
The current situation in the US financial landscape is a cause for concern. It has been known that the top 5 US banks are over-leveraged, which can be a recipe for disaster. Over-leveraging can make these banks vulnerable to financial …
You’ll see the US bond and stock markets begin to crumble and collapse this week. Has anyone looked at the Japanese 10 Year?? It’s off the charts now. The contagion will probably start in Japan. https://www.marketwatch.com/investing/Bond/TMBMKJP-10Y?countrycode=BX https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page “Volmageddon” February 5, …
Makes sense, with the acceleration in credit card defaults hitting levels higher than even the 2008 Financial Crisis pic.twitter.com/AA0i4w9S97 — Bravos Research (@bravosresearch) September 12, 2023 BREAKING: Delinquency rates among credit cards issued by smaller banks are the highest on …
I thought you might be interested in this. @Michael_Yon has been all around for years. https://t.co/4Bfz3lSakn — DeeStonk (@DeeStonk) September 12, 2023 According to Apollo, China's real estate market is now in recession territory. The China real estate climate index …
by confoundedinterest17 Bidenomics is a train wreck. But unlike E. Palestine Ohio, the site of a train derailment and massive toxic spill (for which Biden has yet to visit), Bidenomics is a continuing train wreck. The first chart is the …
“It’s just money. It’s made up”- Margin Call circa (2011). h/t DesmondMilesDant
https://t.co/DQ8EbFoijM — Win Smart, CFA (@WinfieldSmart) September 5, 2023 It’ll spread like wildfire, just how Fortune 500s all went woke at the same exact time. INFLATION: the more Wall Street begs for the "Fed to be done" (using Labor data …
BEIJING (Reuters) – Chinese President Xi Jinping’s first major reform plans a decade ago were also his boldest, envisaging a transition to a Western-style free market economy driven by services and consumption by 2020. The 60-point agenda was meant to …
A complete writeup of our vacancy index methodology can be found here: https://t.co/IRWYcXCdQn And the complete dataset, including local estimates for hundreds of locations across the U.S., is available here:https://t.co/NpXMOeVbSD 10/ — Igor Popov (@IAPopov) August 30, 2023 We’ve also …
via Mike Shedlock: Hedge funds and asset managers are in opposite camps, with leverage, posing risk of an accident. Hedge Fund Basis Trade ‘Probably’ Back and Posing Risk Bloomberg reports Hedge Fund Basis Trade ‘Probably’ Back and Posing Risk, Fed Says …
THE DARK NIGHT OF FASCISM IS ALWAYS DESCENDING IN THE REPUBLICAN PARTY AND YET LANDS ONLY ON THE LEFT: The government’s attack on Elon Musk is the latest regime experiment in repression. At nearly the same moment that the president was …
They aren't saving the financial system. They're buying the banks time to unload their positions. https://t.co/VJwzpZ471r pic.twitter.com/M3nl4eQEuB — Financelot (@FinanceLancelot) March 28, 2023 ‘Current unrealized losses in the US banking system is -$1.8 trillion out of only $2.2 trillion capital …