Independent thinking for complex markets and current events
Financial markets ponder the prospect of a fresh inquiry at the company, still yet to get to grips with huge financial problems that have sparked a series of defaults on its debts. Shares in crisis-hit China Evergrande have plunged by up to a quarter after the apparent detention of staff by police. The company, which …
by Dismal-Jellyfish https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20230906.pdf This report was prepared at the Federal Reserve Bank of Kansas City based on information collected on or before August 28, 2023. Highlights: “Some Districts highlighted reports suggesting consumers may have exhausted their savings and are relying more on borrowing to support spending.” “Bankers from different Districts had mixed experiences with growth …
by Dismal-Jellyfish Source: https://www.reuters.com/business/finance/credit-suisse-posted-4-billion-loss-2q-sonntagszeitung-2023-08-27/ Credit Suisse, which is now a subsidiary of UBS (UBSG.S), posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report in the Sonntagszeitung, which cited insiders at the bank. Spokespersons for UBS and Credit Suisse declined to comment. Credit Suisse had already …
Macy’s executives have warned of a spike in customers failing to make credit card payments thanks to unprecedented pressures on household finances. The department store has seen its credit card revenue plunge by 36 percent this year due to the rise in delinquencies. Bosses said they had expected to see a rise in delinquencies post-pandemic …
Nvidia reports 88% jump in revenue and tops estimates, driven by demand for AI chips https://www.cnbc.com/2023/08/23/nvidia-nvda-earnings-report-q2-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard Nvidia reported second-quarter earnings that beat elevated expectations for earnings and revenue, and provided guidance for the current quarter that was significantly higher than expected. Shares rose 9% in extended trading. Earnings: $2.70 a share, adjusted, versus $2.09 per share …
Link to story : https://www.nbcnews.com/news/amp/rcna99327 About 49,500 people took their own lives last year in the U.S., the highest number ever, according to new government data posted Thursday. The Centers for Disease Control and Prevention, which posted the numbers, has not yet calculated a suicide rate for the year, but available data suggests suicides are …
Whenever a left-wing news outlet writes something negative about someone in Bidenworld, you have to wonder why. Is Hunter Biden Special Counsel David Weiss next to be thrown under the bus? The Washington Post, normally an indiscriminate cheerleader for President Joe Biden and his administration, is reporting that Weiss once worked alongside First Son Hunter’s late …
NEW — Target Posts First Quarterly Revenue Miss In Six Years, Citing Inflation and Consumer Boycotts “Target CEO Brian Cornell pointed to macro pressures including inflation for tempering sales but also ‘negative guest reaction to our pride collection’…The last time Target’s… pic.twitter.com/j7beojNROF — Chief Nerd (@TheChiefNerd) August 16, 2023 Target Sales Dipped in Last Quarter …
Jeffrey Epstein victims plan to sue FBI for $600 million for failing to investigate past reports of sexual abuse. pic.twitter.com/5JwaQV3RL6 — Citizen Free Press (@CitizenFreePres) August 3, 2023 "Had the FBI done its job, hundreds of Epstein’s sex trafficking victims would have been spared, over the course of 25 years."https://t.co/OJklSYHjJZ — Citizen Free Press (@CitizenFreePres) …
WEST PALM BEACH, Fla., – PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSq.” pronounced “Public Square”), a leading marketplace of patriotic businesses and consumers, today provided financial results for the second quarter ended June 30, 2023. Michael Seifert, Chairman and Chief Executive Officer of PublicSq., stated, “While so many companies are celebrating what is wrong, we choose to …
Sources in the Niger National Guard are claiming that Elements of the French Military have launched an Attack on their Forces near the Capital City of Niamey leading to the “High Alert” which has now been Ordered; however there is No Evidence that is has occurred and a statement… — OSINTdefender (@sentdefender) August 9, 2023 …
New reports reveal that Americans have started panic buying again. People are noticing that shortages are getting worse, and shelves are getting increasingly emptier as we approach the last quarter of 2023. Some have decided to act now before they can no longer find household supplies and their favorite items at their local stores. Many …
You know the situation is getting bad when Bloomberg starts reporting on the Biden secret bribery payments. https://t.co/HOo2YTrx0I pic.twitter.com/qq0J8H0AlB — Financelot (@FinanceLancelot) August 3, 2023 Can 51 former "intelligence" officials fact check this pic.twitter.com/6gVt9eIvYZ — zerohedge (@zerohedge) August 3, 2023
If we continue repeating the 2020 pattern a rally should begin today and last until August 18th OpEx. I'm guessing Apple and Amazon's after-hours earnings reports will be the narrative. https://t.co/KjjSGWQMd0 — Financelot (@FinanceLancelot) August 3, 2023 The narrative for market crashes must have 3 elements: 1) It affects everyone2) Generates widespread fear3) It's something …
The power supply from Nigeria to Niger on the 80mw Birkin-Kebbi transmission line is down to zero, Niger state utility document says – Reuters https://t.co/dcqDoZaJY7 — Faytuks News (@Faytuks) August 2, 2023 Globalists must be really pissed off that they could lose all of these resources like Uranium ! Residents of Niger speak about situation …
BREAKING: U.S. reportedly preparing the evacuation of its embassy personnels from Niger. – POLITICO https://t.co/ZYfKtkCeOD — MHP (@mhpasya) August 2, 2023
On the evening of July 17th, 2023, Evergrande’s official website released 3 financial reports, including the 2021 financial report, the 2022 mid-year report, and the annual report. Everyone already knows that Evergrande is a mess, but no one expected it to be so bad: a net loss of US$120 billion in two years! Its liabilities …
Cedars Sinai medical center in Los Angeles reports heart attack deaths are up 30 percent in people aged 25 to 44. pic.twitter.com/Mje5vrX3ng — Citizen Free Press (@CitizenFreePres) July 31, 2023
A Cayuga County man was sentenced to prison Friday for having an unregistered and short-barreled AR-15-style rifle, federal prosecutors said. Duane Hollenbeck, 54, of Moravia, was charged in September after investigators found numerous ghost guns and large-capacity magazines at one of his properties. He was arrested along with Alec D. Hollenbeck, 19, of Lincklaen, Chenango County. Investigators …
The Federal Reserve has just reported the largest year over year rise in history of the velocity of the M2 money supply with a 10.6% increase from one year ago. Photo credit: (FRED) The Velocity of Money is defined by the Federal Reserve as: …’the number of times one dollar is spent to buy goods …
BREAKING: According to breaking Tele reports, “Something Incredible Has Happened” in Berislav, along the Dneiper River, near the blown dam, which has been a quiet area of the front in recent weeks. Ukies were apparently planning to take the Nova Kerhkovka Dam crossing of the Dneiper to Zerg Rush Crimea and had amassed a large …
“BREAKING Rep. James Comer says six banks, including JP Morgan, Bank of America, and Wells Fargo, submitted over 170 suspicious activity reports to the Treasury Department regarding the Biden family, alleging their involvement in money laundering, human trafficking, and tax fraud. The American banks also raised concerns about wire transfers received by the Bidens from foreign …
Remember when Biden prohibited any accounting reports for weapons being sent to Ukraine? Now we know why 🚨A new DOD OIG report states potentially millions of dollars worth of weapons have being stolen & resold by Ukrainians, including grenade launchers https://t.co/1Ju7fo7Unf https://t.co/Nt7lrSw7PA pic.twitter.com/pGaruMraZV — DC_Draino (@DC_Draino) July 21, 2023 John Solomon: “Talked to someone in …
by Chris Black It’s offensive and so on to “accidentally forget to mention” that the “German rapists” were actually Turks. But it’s also super funny to think of a gang of Germans going to Spain and gang-raping girls. 🚨Reveled That Five Men Of Turkish Origin Were Arrested For Gang Raping An 18 yr Old Girl …
https://www.youtube.com/watch?v=kKPyR752aZ0 It seems like America’s financial problems are set to continue with Best Buy reporting major price increases, declining sales and an economic downturn for the rest of the year. Just a few years ago Best Buy stores were filled with buzzing shoppers huddled around displays carrying the latest gadgets from the likes of Microsoft …
Former Fox News (FOXA.O) host Tucker Carlson and former White House adviser Neil Patel are looking to raise funds to start a new media company that could potentially be anchored on Twitter, the Wall Street Journal reported on Friday. BREAKING: Tucker Carlson to create a new media company, Wall Street Journal reports https://t.co/dzpCkKdDXu — Overton …
BREAKING: Reports of explosion in Zaporizhzhia — Insider Paper (@TheInsiderPaper) July 7, 2023 UPDATE 🚨 Local report of air raid alert and sound of explosion heard in Zaporizhzhia UPDATE 🚨 Local report of air raid alert and sound of explosion heard in Zaporizhzhia https://t.co/Srh7PfRkrr pic.twitter.com/Rx150Vtbyy — Insider Paper (@TheInsiderPaper) July 7, 2023 #Russia 🇷🇺 / …
by Dismal-Jellyfish TLDRS: FedACH, operated by the Federal Reserve, is the primary Automated Clearing House (ACH) service provider in the United States. ACH transactions include direct deposits of payroll, Social Security and other government benefits, tax refunds, and many other types of payment. Since FedACH services are affected, several impacts could occur: Transaction Delays: The …
Reports of French military on the streets shooting looters on sight. The rioting & looting continues. #FranceBurning #FranceOnFire #FranceRiots #FranceHasFallen pic.twitter.com/AmR6hIq6SC — 🇬🇧 National Housing Party U.K. 🏴 (@NHPUKOfficial) July 5, 2023
