Independent thinking for complex markets and current events
Will CRE defaults be enough to push the economy over the edge? First Foundation plunges as ’unexpected’ fund raise puts real estate loans in focus First Foundation shares slumped roughly 24% on Wednesday to their lowest since November after the Texas-based lender with a huge portfolio of multifamily real estate loans disclosed a $228 million …
Moody’s Analytics latest data unveils a significant shift in the U.S. housing market, with the once-scorching pace of home price growth finally showing signs of tempering. The report highlights a nuanced landscape, with some regions experiencing continued ascent while others face declines, reflecting the complex interplay of affordability and demand. Key points: Moody’s Analytics House …
🇺🇸 US net interest and miscellaneous payments on assets by private enterprises $95.2 billion. 𝗟𝗼𝘄𝗲𝘀𝘁 𝘀𝗶𝗻𝗰𝗲 𝗤𝟰 𝟭𝟵𝟳𝟲! Locked in debt at cheap funding rates when the Fed had rates at zero and invested cash to earn higher interest income as the Fed raised rates. pic.twitter.com/Jo94wjhGTV — Alex Joosten (@joosteninvestor) April 28, 2024 This means …
Unveiling a little-known intervention, the Federal Reserve injected $152 billion into big banks in March 2023, surpassing aid provided during both the 2008 and 2020 crises. As regional banks, grappling with precarious balance sheets, increasingly turn to the discount window for support, questions arise about the Fed’s strategy and the future of banking stability. I …
🚨BREAKING: FED DISCOUNT WINDOW 📈 FED DISCOUNT-WINDOW LOANS $7.02B IN THE WEEK *The latest data suggest that mostly regional banks are using the discount window as they are the ones with the worst balance sheets. pic.twitter.com/KbqGFjQ16J — The Coastal Journal (@1CoastalJournal) April 25, 2024
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I think some of them are still overly reliant on industry deposits, …
The US banking system’s fragility has been brought to attention once again. The S&P 500 has issued a chilling warning that has sent shockwaves through the banking industry. The renowned index tracking agency has downgraded five major regional banks. This move has raised alarm bells across the sector, with many citing mounting concerns over their …
Last night 15 hostages were taken by a Iranian ( of corse, and i don’t believe it ) asylum seeker, armed with knive and axe. Why i doubt he was Iranian? Because They don’t make any problems here usual and the narrative of the “evil” Iranians has to be build up. But 99% it was …
We are only a year from the collapse of the Silicon Valley Bank The world has almost forgotten about that Tech billionaires begged for a bailout… and some of them have since spoken out against central banks Do they not know a simple rule? Never bite the hand that feeds you — Gold Telegraph ⚡ …
by jab136 I was just compiling my Limit halt data, as I do every day (download an excel from https://www.nyse.com/trade-halt, then copy the data to my spreadsheets). I noticed that there were two separate banks that had volatility halts today, went and checked the tickers and they fell dramatically. my spreadsheet data PNBK (Patriot National Bancorp) …
The Pentagon’s message to Iran is clear: the United States does not seek a regional conflict but is taking action to counter Iran’s support for proxy attacks against U.S. forces and commercial vessels in the Middle East. Deputy Defense Press Secretary Sabrina Singh emphasized that the U.S. has repeatedly called on Iran to stop its …
A “top man” at the Federal Reserve, specifically the “Vice Chairman for Banking Supervision, a super duper important guy, is extremely serious about the Fed not renewing the regional bank bailout program that exploded onto the Fed’s balance sheet last March to the tune of about $400 billion. If that’s the case, then come March, …
https://archive.is/0p7wA#selection-2393.4-2393.73 by Ambrose Evans-Pritchard “Temporary measures have calmed the market but half of all US banks are running short of deposits with assets worth less than their liabilities, and we are talking about $9 trillion,” he said. “They are bleeding capital and could not survive if something triggers a sudden loss of confidence. It is …
by confoundedinterest17 The song “Running on Empty” by Jackson Browne comes to mind when analyzing the state of American banking, especially regional banks. Yesterday we found out that inflows to money-market funds continue to be huge ($290BN in six weeks), and more importantly, regional banks’ usage of The Fed’s BTFP bailout facility surged to a new record high (even …
As we approach the new year, a shift toward credit risk is expected, replacing interest-rate concerns, according to Mohamed El-Erian. The recent steep drop in October’s Producer Price Index (PPI), the largest since April 2020 during the Covid lockdown, heightens worries. Fitch predicts ongoing challenges for US regional banks in 2024, and with earning trends …
@KeithMcCullough warns that the recent surge in Regional Banking ($KRE) and Real Estate ($XLRE), often seen as positive, could be a bear market bounce, potentially misleading investors before a recession. Drawing parallels to the Great Financial Crisis, McCullough highlights this as outright panic buying and suggests the current crisis might surpass the GFC, impacting Main …
by fickdichdock Reasoning in some easy to digest bullet points: Hedge funds piled into regional banks in the last crash but they will take profits on the first sign of trouble. Fitch “in ur an us” rating agency down graded the US recently. Rumors of more extensive bank downgrades. Biggest -% day for many regional …
by Chris Black Zelensky is firing everyone in charge of recruitment for not kidnapping enough young boys and old men (military-aged men are all dead, or escaped somehow). The Saudi summit was a total bust. Basically, the entire world is against the Ukraine. 🔴🇺🇦#Ukraine | Zelensky says all regional chiefs of Ukraine's military recruitment offices …
Keep an eye on regional banks. If something is going to break in the U.S. that’s where it will be. https://twitter.com/multi_finance/status/1689836136943009792 These charts are saying we're early and only 3 weeks away 👀 https://t.co/VmxG6W0a21 pic.twitter.com/OPR0D6KClY — Financelot (@FinanceLancelot) August 11, 2023 Gamma Exposure (GEX) has peaked and fallen away indicating the next rally should be …
Assets in money market funds have hit a record $5.5 trillion. With yields above 5%, this trend should continue. pic.twitter.com/gpRrtgBjoL — Charlie Bilello (@charliebilello) August 3, 2023 Bear Stearns Collapse March 16, 2008Lehman Brothers Collapse September 15, 2008 Silicon Valley Bank Collapse March 10, 2023******************* Collapse September 15, 2023 🤫pic.twitter.com/kfdPWKxt1dhttps://t.co/qBMYgTkITR https://t.co/VqtC8XyGSu — Financelot (@FinanceLancelot) August …
Regional banks are still losing deposits and slowly failing. 🔊 https://t.co/YhK8gaYKxw — Wall Street Mav (@WallStreetMav) July 27, 2023
To implement a CBDC the Treasury & Fed must consolidate 4000 institutions into JPMorgan & big 5. The public will never support this without a crisis The Fed's BTFP + OCE interventions are the only thing preventing a regional banking crisis. They'll pull the rug & play the savior https://t.co/2RhyVZh9fE — Financelot (@FinanceLancelot) July 27, …
For those who say "everything is fine," we saw the same spike in regional banks right before the 2008 crisis 🤫 BlackRock is setting up the rug pull when the Fed takes away emergency BTFP & OCE. https://t.co/YnlzAWEzfU pic.twitter.com/GSVJ4Y3QIE — Financelot (@FinanceLancelot) July 26, 2023 Fed hiked .25% as expected. They left all options on …
CRE Dominos Fall: Starwood Defaults On $212.4 Million Atlanta Office Tower https://t.co/UsEj7FkpyP — zerohedge (@zerohedge) July 19, 2023 https://twitter.com/NorthmanTrader/status/1681383187375693824
https://t.co/GInRMBhk9r — Genevieve Roch-Decter, CFA (@GRDecter) July 10, 2023
by confoundedinterest17 The US is Living La Vida Biden (living the Biden life!) Which means you are making millions if you are a political elite, but suffering if you live on Main Street. And regional banks (not the TBTF national banks) continue to suffer. The Bank Term Funding Program (1 of 2) is skyrocketing as The …
via naturalnews: Regional banks are currently scrambling to sell down their commercial real estate loan portfolios to minimize their risk amid fears of more bank runs like those seen late last year. The stress seen in the commercial real estate sector right now is weighing heavily on banks and regulators alike, and it’s regional banks that are …
by confoundedinterest17 Between work at home, Bidenflation and The Feral Reserve, commercial real estate and regional banks are suffering … and it could get a lot worse. And Joe Biden (aka, Negan) in general. Living in Negan Country! By Kevin Stocklin, Epoch Times The work-from-home trend has been taking its toll on office landlords and is now …
