Controversial Appointments Raise Concerns: Former Intelligence Officials Join DHS Group Despite Election Disinformation

In a surprising development, the Biden administration has appointed James Clapper, John Brennan, and Paul Kolbe, all former intelligence officials, to a DHS “Homeland Intelligence Experts Group” responsible for addressing critical national security matters. This decision has raised eyebrows and concerns due to the history of these individuals. It’s worth noting that Clapper, Brennan, and …

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Mounting Financial Risks: Over-Leveraged US Banks, Surging Bond Yields, and Recession Warnings Raise Alarm Bells

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 downturns and economic shocks. This vulnerability is further highlighted by the fact that companies are …

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Bits And Pieces: US Real Median Income Falls By -2.3%, Worst Decline Since 2010, Core Inflation (CPI) At 13% YoY (Fed Likely To Raise Rates)

by confoundedinterest17 Here are some bits and pieces about the US economy and interest rates. The Federal Reserve, the most powerful Socialist machine on the planet, is considering rate their target rate after some bad economic news. First, real median household income (released yesterday for 2022) showed a decline of -2.3%. That is the worst …

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‘Market not happy as exploding money market yields pressure banks to raise deposit rates or face mass exodus.’

Speaking of under-funded banks, Schwab just announced they are cutting jobs AND raising debt. https://t.co/Bd8grqcl0J Market not happy as exploding money market yields pressure banks to raise deposit rates or face mass exodus. pic.twitter.com/ugidUJHuIW — Mac10 (@SuburbanDrone) August 22, 2023 Financial stocks are dropping, moar BTFP liquidity is needed — Alessio (@AlessioTMAD) August 22, 2023

Gavin Newsom just announced a constitutional amendment that will raise the minimum age to buy a gun from 18 to 21

…”mandate universal background checks, institute a waiting period for all gun purchases, and ban assault rifles for civilians – while leaving the Second Amendment intact. Additionally, the Right to Safety will affirm Congress, states, and local governments can enact common-sense gun safety laws that save lives.” This is obviously on the state level. It’s calle the …

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The top 4 banks face bond asset losses totaling $205 billion, with the overall banking sector suffering losses totaling $2 trillion; the Fed intends to hike rates, compounding losses.

It is indeed a matter of great concern that the top 4 banks are currently facing monumental losses, amounting to a staggering $205 billion, on their bond assets. Moreover, the entire banking system has witnessed an alarming figure of approximately $2 trillion in bond asset losses. This unfortunate situation emphasizes the vulnerability of banks and …

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Swiss National Bank in its 2023 Financial Stability Report on Credit Suisse: “these observations also raise questions regarding the ability of the Too Big To Fail “TBTF” framework to oblige a systemically important bank to take sufficient corrective action in a timely manner”

by Dismal-Jellyfish https://www.snb.ch/n/mmr/reference/stabrep_2023/source/stabrep_2023.n.pdf These measures need to strengthen banks’ resilience in order to prevent a loss of confidence wherever possible, and ensure a broad range of effective options to stabilise, recover or wind down a systemically important bank in the event of a crisis. Third, the scale and pace of deposit outflows that resulted from …

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Inflation Alert! Bank of England (50 basis points), Norway Central Bank (50 basis points), Swiss National Bank (25 basis points) all raise interest rates to combat inflation. Remember, JPow told Congress yesterday rate hikes needed here but the Fed is not acting while other central banks are.

by Dismal-Jellyfish Norway: https://www.norges-bank.no/en/topics/Monetary-policy/Monetary-policy-meetings/2023/june-2023/ Policy rate raised to 3.75 percent Norges Bank’s Monetary Policy and Financial Stability Committee decided to raise the policy rate by 0.50 percentage point to 3.75 percent. The Committee’s current assessment of the outlook and balance of risks implies that the policy rate will most likely be raised further in August. Inflation …

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Fed Officials Say Rates May Need to Go Higher to Tame Inflation (Fats Waller And Elen Barkin Want To Raise Rates)

by confoundedinterest17 Governor Waller cites slow progress on core inflation Richmond Fed chief Barkin says he’s comfortable doing more Two Federal Reserve officials said the central bank may have to raise interest rates further to tame price pressures that in some sectors aren’t showing much sign of easing. Fed Governor Christopher Waller said Friday headline inflation has been “cut …

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US Mortgage Rates UP 144% Under Biden’s Reign Of Error (Fed Likely To Pause Today But Raise Rates At July Meeting)

by confoundedinterest17 Biden’s “reign of error” is horrific. The inflation caused by Biden’s policies, The Federal Reserve and insane Federal spending has caused mortgage rates to soar 144% since Biden took office. While The Fed is likely to pause today, but Fed Funds are pricing in a July rate hike. Banks are not going to …

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