Independent thinking for complex markets and current events
PUT THIS ON BLAST: Trump’s tariffs just pushed the risk of a U.S. and global recession this year up to 60%—up from 40%, according to J.P. Morgan. THATS NOT ALL: The White House made up the numbers—Trump Math 🤡 pic.twitter.com/Y98nhtO266 — Christopher Webb (@cwebbonline) April 4, 2025 JPMorgan suggested that the chance of a recession …
🚨🇯🇵 JAPAN’S BIGGEST BANK JOINS WAVE OF EXITS FROM NET-ZERO ALLIANCE Mitsubishi UFJ Financial Group (MUFG) is set to leave the Net-Zero Banking Alliance (NZBA), following major banks like JPMorgan, Bank of America, and RBC in backing away from climate commitments. The exits… https://t.co/oA4bFnQjbK pic.twitter.com/b7zhT5GePU — Mario Nawfal (@MarioNawfal) March 18, 2025 The departure of …
JAMIE DIMON FINDS HIS BALLS IN LEAKED JPMORGAN AUDIO. This is some of the best stuff I've heard all week.pic.twitter.com/wvWdbTYPld — Citizen Free Press (@CitizenFreePres) February 14, 2025
This is coming from a man whose own bank has been fined billions for money laundering, market manipulation, and shady dealings. JPMorgan itself was caught facilitating money transfers for criminals, yet Dimon wants to paint Bitcoin as the real villain. JPMorgan, $JPM, CEO Jamie Dimon has said "Bitcoin has no intrinsic value. It's used heavily …
Several big-name stocks have soared to unprecedented levels, marking a noteworthy day for investors. Here’s a quick rundown of the companies making headlines: Blackrock ($BLK): The asset management behemoth has seen its stock reach new peaks, reflecting strong performance and investor confidence. Google ($GOOGL): The tech giant continues to climb, with its stock hitting impressive …
JPMorgan Chase just issued a chilling warning to its clients, and what’s coming next could shake the financial world to its core!
The second-largest US bank by total assets says it’s preparing for significant losses due to ongoing regulatory issues. In a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of America says it faces a “reasonably possible and estimable” loss of up to $800 million due to investigations from the Consumer Financial Protection …
JPMorgan Chase has refused to pay out an estimated $331-a-month pension to the widow of one of the bank’s former longtime employees — with the excuse that he failed to fill out the necessary paperwork before his untimely death, The Post has learned. Melvyn Silverberg, who worked for a decade as a systems analyst at …
JPMorgan disclosed that the Consumer Financial Protection Bureau could punish the lender for its role in Zelle, the giant peer-to-peer digital payments network. In response, JPMorgan issued a thinly veiled threat: “The firm is evaluating next steps, including litigation.” The prospect of a bank suing its regulator would’ve been unheard of in an earlier era, …
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, S&P Global found. The US housing market is seeing some signs of loosening amid an …
JPMorgan analyst explains why he believes we’re in a ‘selective recession’ byu/Perfect_Alarm_2141 ineconomicCollapse I am looking forward to after Nov when they can just call it a recession. First they will speculate if it will be a “good christmas” or not with ever more anxiety… then in early Jan we can just admit how bad …
67% of middle-class Americans express concern that their income isn’t keeping pace with the rising cost of living. This situation has led to what JPMorgan analyst Matthew Boss calls a “selective recession.” While upper-income consumers fare better, lower-income Americans are struggling to make ends meet due to elevated prices and dwindling savings. The pressure persists as inflation continues, …
JPMorgan Chase, Bank of America and Wells Fargo are failing to protect customers from hundreds of millions of dollars in scams and fraud per year, according to a US Senate panel. At a hearing held by the Permanent Subcommittee on Investigations, Democratic Senator and Chairman Richard Blumenthal said the banking giants’ customers submitted claims to recover $456 …
The U.S. stock market soared to a new record high over the past week, but there may still be trouble on the horizon, according to JPMorgan analysts. The forecast from JPMorgan’s chief market strategist Marko Kolanovic is one of the most pessimistic on Wall Street. He and his peers see the S&P 500 ending the …
11% of Americans are on Food Stamps … But yeah, there is no recession … Everything is just hunky dory. 🚨🚨🚨 pic.twitter.com/fFb4ylz7LC — Wall Street Mav (@WallStreetMav) May 22, 2024 A wave of America’s retirees are dusting off their résumés and stepping back into the workforce, seeking financial stability as inflation changes the trajectory of …
“Move follows lawsuit from state-owned bank VTB to recover losses from America’s largest lender…” Source: https://t.co/z3VOAz5mKv — Gold Telegraph ⚡ (@GoldTelegraph_) April 24, 2024
TL:DR: The Federal Reserve bought Mortgage-Backed Securities (MBS) after the 2008 financial crisis. JPMorgan Chase was chosen to hold these MBS securities. JPMorgan Chase has been charged with multiple criminal activities related to MBS. Despite these charges, the New York Fed has not switched custodians. The New York Fed has become less forthcoming about their …
U.S. stocks smashed a new record high last week, but the rally may not last for long thanks to heightened risks that the economy returns to a 1970s-style stagflation scenario, according to JPMorgan Chase strategists. In an analyst note to clients, the bank’s chief market strategist Marko Kolanovic warned that the economy may turn away …
JPMorgan Chase and institutional investors BlackRock and State Street Global Advisors announced Thursday that they are quitting or, in the case of BlackRock, substantially scaling back involvement in a massive United Nations climate alliance formed to combat global warming through corporate sustainability agreements. In a statement, the New York-based JPMorgan Chase explained that it would …
NEW – Biden will pull out of presidential race over poor health, top JPMorgan strategist predicts: report pic.twitter.com/WFbYbFwf9z — Disclose.tv (@disclosetv) January 7, 2024 A JPMorgan strategist predicts Joe Biden will drop out of the 2024 race Joe Biden could pull out from this year’s presidential elections, says a JPMorgan strategist. Michael Cembalest said Biden’s …
The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion. Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congress. Is there a comeback from this? Economists widely regard the Clinton surplus to be more of a function …
JPMorgan Chase’s handling of Lois White’s account, freezing it over a government check deposit, raises serious concerns about the bank’s customer service and accountability. The abrupt termination of her account, despite providing proof and documentation, underscores potential flaws in Chase’s verification processes. The incident not only leaves White financially stranded but also highlights the broader …
via Natural News: JPMorgan Chase, America’s largest bank, will have shut down 159 branches across the country by the end of 2023. For Chase Bank’s customers, these closures represent serious inconveniences, if not outright terrible disruptions to their lives. Services previously offered by human bank tellers and other banking professionals who used to staff these now-shuttered branches …
As economic indicators signal a slowdown and companies prepare to cut back amid diminishing business activity, the prospect of a similar raise to the previous year dims for many workers. With the CFNAI pointing to a slowdown in economic growth in October and JPMorgan forecasting declines in key economic metrics, the landscape suggests a cautious …
by Michael There is a reason why I am watching the banks so carefully. The banks are the beating heart of our economic system, and so if they get into big trouble we will all feel the pain. That is precisely what happened in 2008, and that is precisely what is happening again right now. …
by MrBuffaLou JPM trying to make some bag holders materialize. https://www.marketwatch.com/story/the-markets-in-a-funk-why-now-is-an-attractive-entry-point-for-long-term-investors-says-jpmorgan-strategist-67dd989a?mod=home-page Someone has to buy Jamie’s shares! https://twitter.com/joosteninvestor/status/1717270633095004487 #recession … #GFC2 US #Banks edition#Banking $BKX $XLF $KRE 📉 👀 https://t.co/rjNti9bQ6L pic.twitter.com/lu6acbDVfC — Invariant Perspective (@InvariantPersp1) October 29, 2023
At some point, federal regulators, the Senate Banking Committee and the criminal division of the U.S. Department of Justice are going to reach the same conclusion that Wall Street On Parade reached quite some time ago: JPMorgan Chase is a criminal enterprise in drag as a federally-insured bank. JPMorgan Chase is the largest U.S. bank, …
On May 1, the Federal Deposit Insurance Corporation announced that First Republic Bank had failed and that it was being sold to JPMorgan Chase. At the time, JPMorgan Chase was already the largest and riskiest bank in the United States. The sweetheart deal the bank got from the FDIC to take over First Republic included …
