Independent thinking for complex markets and current events
by scott_jr Used car loan-to-value ratios increased to 125 in the first three months of this year from 104 for the same period in 2021 Negative equity, or the amount that debt exceeds a vehicle’s value, has ballooned in recent years, with some consumers stepping into car dealerships $10,000 underwater. Vehicle values are expected to …
https://twitter.com/potus/status/1669843546919124992?s=46&t=yz5p8NEU0-QZJVU23WrP8A Related: https://twitter.com/WallStreetSilv/status/1670576028077400064 h/t mallokrano
Three million middle class homeowners are at risk of having their savings wiped out by the recent surge in mortgage costs, a leading think-tank has warned. Analysis from the Institute for Fiscal Studies (IFS) suggests 2.9 middle middle income mortgage holders would have to raid their savings or ask for help to meet an unexpected …
Senator John Fetterman on the I-95 bridge collapse in Philadelphia: "I, uh, would just, um, really like to, you know — the 95, 95, 95. You know?" pic.twitter.com/QN84NhBmpS — RNC Research (@RNCResearch) June 16, 2023
Most valuations put these office buildings underwater. Many building owners will walk away. More pain to come. We are probably looking at hundreds of additional bank failures over the course of the next two years. Many commercial office building loans mature within 24 months, Most valuations put these office buildings underwater. Many building owners will …
"Those who killed Muammar Gaddafi, today are coming to teach us about democracy." Zambia's opposition leader Fred Mnembe calls out US hypocrisy during the visit of US Vice President Kamala Harris to Africa.pic.twitter.com/LmrmiJN2LE — Hassan Mafi (@thatdayin1992) April 1, 2023 🇿🇲🇨🇳🇺🇸 She says Kamala Harris was ridiculed in Zambia. She went to the African …
Spread between S&P 500's forward earnings yield and 10y U.S. Treasury yield has fallen to lowest since mid-2007 pic.twitter.com/n3yxB1MylX — Liz Ann Sonders (@LizAnnSonders) June 8, 2023 Investors are piling into calls Intraday put/call ratio reached levels not seen since July 2021 pic.twitter.com/ngjgLv8Gds — Bravos Research (@bravosresearch) June 8, 2023 https://twitter.com/NorthmanTrader/status/1666851230503645192 Apple cuts Vision Pro …
by mallokrano https://twitter.com/potus/status/1666463779649929229?s=46&t=yz5p8NEU0-QZJVU23WrP8A If there is one thing you can say about Biden, he’s consistent in his lying. The guy was even plagiarizing his speeches to the point he wasn’t a contender in the 1980’s: https://www.businessinsider.com/plagiarism-scandal-joe-biden-first-presidential-run-1988-2019-3
https://twitter.com/NorthmanTrader/status/1666781333668913152?cxt=HHwWgICz-deyzKEuAAAA Janet Yellen, with one of the worst records ever of making predictions … now says this. pic.twitter.com/uv82aT3fgz — Wall Street Mav (@WallStreetMav) June 8, 2023 h/t Simian_Stacker
via CBSNEWS: “The risks of doing business in China are increasing for foreign companies. The offices of Capvision, a consulting firm with offices in New York and Shanghai, and two American firms have been raided in recent weeks as Chinese authorities exercise their power under a new security law.” Beijing won’t crack down hard enough …
Bye bye liquidity… right when everyone is max bullish and on vacation.pic.twitter.com/8Y0a7zk1WV https://t.co/FQUZXdc38m — Financelot (@FinanceLancelot) June 2, 2023 The chart of the week: S&P Tech with the ISEE call/put index:https://t.co/zlMsxl36fz Getting out, there will be no one on the other side of the trade. pic.twitter.com/rHyXwFz3oe — Mac10 (@SuburbanDrone) June 2, 2023 The $VIX hasn't …
Guest Post from Wolf Richter at WolfStreet.com: Where does the money come from? They now out-earn inflation, they earn interest income, and they dipped into their assets whose prices ballooned over the years. Consumer spending, adjusted for inflation and for seasonal factors jumped by 0.5% in April from March, after two months of declines and …