A hub for independent voices and hard truths
Let’s take a walk down memory lane and see where all those bold 2025 Bitcoin targets ended up. • JPMorgan: 170,000 • VanEck: 180,000 • SChartered: 250,000 • Tom Lee: 250,000 • Robert Kiyosaki: 350,000 • BlackRock: 700,000 • Chamath: …
Palantir printed $149.24 this morning. That’s up 104% year to date. Volume hit 23.58 million shares by midday. Market cap sits at $352.1 billion. PE ratio is 651.68. The stock hit its high of $155.68 on July 17. Since then, …
Private credit default evolution according to Fitch: January: 5.0%February: 5.7% Nothing to see here folks pic.twitter.com/BiInWmLtWA — junkbondinvestor (@junkbondinvest) March 20, 2025
Former Abercrombie & Fitch CEO, Mike Jeffries, arrested on federal sex trafficking charges From X: Just reading about this makes me sick to my stomach. He and his gay partner have been exploiting young men for years. They find young …
Homes in 91% of US metro areas were overvalued in the third quarter, Fitch Ratings reported. Home prices are overvalued by 11.1%, an uptick from prior quarters, as wage growth lagged. December notched the highest annual price gain since 2022, …
Following Moody’s suit, US ratings agency Fitch’s economic analysts have opted to lower “Israel’s” credit rating given the current wartime conditions, unless persuaded otherwise in last-minute discussions with senior economic officials to delay the downgrade, the Israeli Ynet news website …
As we approach the new year, a shift toward credit risk is expected, replacing interest-rate concerns, according to Mohamed El-Erian. The recent steep drop in October’s Producer Price Index (PPI), the largest since April 2020 during the Covid lockdown, heightens …
by Dismal-Jellyfish https://www.fitchratings.com/research/banks/further-cut-to-us-bank-oper-environment-score-would-require-structural-change-17-08-2023 Fitch Ratings-New York-17 August 2023: Fitch Ratings lowered the operating environment (OE) score for U.S. banks in June to ‘aa-‘ from ‘aa’ mainly due to structural uncertainty around the path and rate of monetary tightening and gaps in in …
“A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase . …
BY DAVID HAGGITH The stock market is still purging some of its recent insanity this morning, but the real action has been in bonds. Fitch may have gotten everyone’s attention with its downgrade of US credit, but it has already …
by Hephaestus4 Japan is selling U.S. treasuries and buy back Yen to defend its currency. This is not good for the U.S. as we go into a “doom loop”. Rates will continue to rise on the long end of the …
via Mike Shedlock: “Everybody who reads the newspaper knows that the United States has a very serious long-term fiscal problem,” said Fitch in its downgrade of US debt. Government expenditures and receipts through 2023 Q1 from the BEA, chart by …
It’s not a growing jobs market, strong U.S. dollar or a resilient economy that will help the U.S. regain the top rating from Fitch. According to the firm, it’s going to take a major step up in governance. Fitch Ratings …
You can't make this up. Fitch basically just said that the US needs better fiscal management. The debt ceiling "crisis" was the straw that broke the camel's back. When will we get a more sustainable system? Follow us @KobeissiLetter for …
by confoundedinterest17 Like the song “Walk away Renee,” the owners for the San Francisco Union Square Hilton and Park 55 Hotels are walking away from their sizeable loan payments. San Francisco is definitely feeling the blues. But it isn’t just San Francisco. Phil Hall …
