Banks, reminiscent of pre-2008 practices, are concealing trillions in risky investments off their balance sheets

TL:DR: Big banks are hiding risky investments off their books, just like they did before the 2008 crash. This could cause another financial crisis. Banks like JPMorgan Chase have trillions of dollars in risky investments they don’t report on their main financial statements. Regulators are worried and want the banks to set aside more money …

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A market that can’t rally is going to crash amid extreme complacency.

The current state of the market reveals concerning trends, as the Dow struggles to maintain upward momentum, with each rally attempt met by afternoon declines. This pattern, coupled with the VIX’s significantly lower level compared to previous market peaks, suggests a market environment characterized by extreme complacency. Such conditions, reminiscent of periods preceding market crashes, …

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Devastating fire engulfs Copenhagen’s historic 17th-century former stock exchange, reminiscent of Notre-Dame tragedy.

Copenhagen’s skyline was marred by tragedy as a massive fire tore through the iconic 17th-century former stock exchange, reducing its historic spire to ashes in a scene reminiscent of the Notre-Dame catastrophe. Witnesses watched in horror as the 54-meter spire vanished into flames, leaving behind a smoldering reminder of the architectural heritage lost to the …

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The dwindling presence of small-cap stocks in the US market raises concerns reminiscent of the Great Depression.

The U.S. Stock Market is the most concentrated it’s been since the Great Depression pic.twitter.com/VpsGnsHJNY — Win Smart, CFA (@WinfieldSmart) April 9, 2024 The dwindling presence of small-cap stocks in the US equity market is ringing alarm bells reminiscent of the Great Depression era. Currently, these stocks represent less than 4% of the entire market, …

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Junk bond and leveraged loan issuers extend maturities, reminiscent of post-2008 “extend and pretend” strategy.

Junk bond and leveraged loan issuers have cut ttheir 2024-2026 maturity wall by 40% from a year ago, according to BOA estimates. "This episode represents one of the most aggressive instances of maturity extension in the history of leveraged finance." pic.twitter.com/HFuzx9GpjO — Tracy Alloway (@tracyalloway) March 22, 2024 Back in the days after the 2008 …

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The alarming corruption within the American judiciary has reached a level reminiscent of a Latin American banana republic.

by Stephen Green Judge Kathaleen McCormick rescinded Elon Musk's $55 billion Tesla compensation package, overturning the company's board and 80% of its shareholders. McCormick also ruled against @elonmusk during his Twitter acquisition. Before becoming the head of the Delaware Chancery Court,… pic.twitter.com/k2F4CHDJuT — KanekoaTheGreat (@KanekoaTheGreat) February 1, 2024 More: Before becoming the head of the Delaware …

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We’re sensing strong vibes reminiscent of the 2007 melt-up. We all know what happened afterward.

FOX: Real estate investor warns US is entering the ‘greatest’ correction of his lifetime One real estate investor is bearing witness to the start of the industry’s “greatest” correction he’s ever seen. “I just want to say that we’re entering the greatest real estate correction in my lifetime,” private equity fund manager Grant Cardone told …

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Banks are currently undergoing a collapse reminiscent of the 2008 financial crisis.

The chart of the month. pic.twitter.com/CqoTsgzPKl — Mac10 (@SuburbanDrone) October 31, 2023 Bank Stocks have fallen to their lowest prices in more than 3 years, even surpassing the lows of the Silicon Valley Bank collapse in March pic.twitter.com/OfHUBm6c92 — Barchart (@Barchart) October 29, 2023   Is Powell done hiking? The 10 yield says no, but …

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The dwindling US personal savings rate, now at levels reminiscent of the Financial Crisis, spells trouble for consumers.

With burgeoning credit card debt, soaring interest payments, and rates not seen since the Financial Crisis, a breaking point looms closer. The consumer is on thin ice as US personal savings rate has collapsed This indicator has dropped from record highs in 2020 to levels last seen during the Financial Crisis To make things worse, …

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