Independent thinking for complex markets and current events
Money is pouring into Chinese government bonds. The buying has bid up prices and forced yields down to near record lows. The move has upset the Peoples Bank of China (PBOC), which has expressed considerable concern over what will happen to China’s financial stability when the rally reverses and people, especially banks, suffer losses. Behind …
CRASH IMMINENT! How do we know??WE ARE BUYING SOOO MUCH SAUSAFE!! Increased sausage demand could be worrying signal on the economy https://t.co/Reyeic1grU — cowboy (@COWBOYCHILLI) August 27, 2024 An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There has been “modest growth” …
Bullet point summary: Credit demand has slumped, with new renminbi loans to the real economy turning negative for the first time since 2005 in July. The slow take-up comes as policymakers have struggled to stabilize the real estate sector, undermining household confidence in a country where property accounts for most of people’s wealth. Only 10% of …
(Bloomberg) — Chinese authorities have rejected a proposal made by the International Monetary Fund to use central government funds to complete unfinished housing, dealing a blow to hopes for more forceful support to an industry that’s been a major drag on the economy. The IMF called on China to deploy “one-off” fiscal resources to complete …
What is the worst mistake a trader can do? Doubling down on a trade going south What are $JPY carry traders doing? 🙈 Btw I’d love to see those “Mark to Markets” claiming 18% on JPY carry trade in 2023 Narrator: and be guaranteed they aren’t using their own money to do that… https://t.co/HDJbYeaDf7 pic.twitter.com/DSFspryx8n …
Foreign investment into China dropped for a 4th consecutive month in April. Inbound investements into China are as low as during the onset of the Covid crisis as the country struggle to attract foreign funds. pic.twitter.com/k8Zvr8NPW5 — Global Markets Investor (@GlobalMktObserv) May 27, 2024 China’s big housing rescue aims to build on smaller efforts that …
HANOI, April 17 (Reuters) – Vietnam has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest financial fraud, according to three bank documents and new official information provided to Reuters by a person with access to the documents. “Without lending, SCB will collapse,” according to the …
The Swiss government-sponsored rescue of Credit Suisse and U.S. bank salvages in March 2023 doused the immediate fires kindled by a run at little-known U.S. regional lender Silicon Valley Bank. But regulators and lawmakers are only starting to address how banks could better withstand deposit runs, and whether they need easier access to emergency cash. …
US Marines have flown into Haiti in the middle of the night by helicopter to help get US Embassy staff out due to worsening gang violence. The US Southern Command said: “This airlift of personnel in and out of the embassy is consistent with our standard practice for embassy security augmentation worldwide, and no Haitians …
A Michigan man has been convicted in federal court of illegally diverting a river with a simple shovel and some rocks. Andrew Blair Howard was arrested after he built a small dam out of rocks in August of 2022. The man’s digging caused a change in the flow of the Platte River near Michigan’s Sleeping …
Yemen’s Houthis attacked four US warships in the Red Sea over the past 24 hours The British Navy’s HMS Diamond was reported to have been seriously damaged. Although Britain denies any damage, the ship was removed from the Houthi attack zone. The USS Labone was also hit by ballistic missiles. The British and American navies …
WASHINGTON – Sen. Chuck Grassley (R-Iowa) is flagging new evidence of suspected trafficking of migrant children for federal law enforcement agents, and calling for immediate action to find and rescue children placed in dangerous situations by federal officials. Grassley’s referral for law enforcement action is based on a review of legally protected whistleblower disclosures, including …
A lot of EV owners were stuck in a parking lot due to charging woes.
https://twitter.com/MoronicHeadline/status/1729162178664726728
LUCKNOW, India (AP) — Officials trying to reach 41 workers who have been trapped in a collapsed tunnel in northern India for eight days were contemplating alternative rescue plans Sunday after snags with a drilling machine caused them to halt digging. A new drilling machine arrived at the accident site in Uttarakhand state on Saturday …
The United States deploys hostage rescue experts to assist Israel in freeing kidnapped hostages, while special operations forces stand ready in a nearby European country, marking a coordinated effort to address the crisis in southern Israel. via dailymail: The United States is readying its special forces to help Israel locate American hostages, as waves of …
Project DYNAMO, a private squad of US military veterans, is heading to Israel to rescue trapped Americans. Brian Stern, the group’s co-founder , told The New York Post his group only has to step up to help “because the Biden administration refuses to protect its own people even when they’re ‘being held at the barrel …
via foxnews: A gallon of regular gasoline at some California pumps is nearing $7 this week, while the costs of other fuels have already surpassed that amount. Fox News found the price for a regular gallon at a gas station in Southern California this week cost $6.89, while supreme and diesel cost $7.19 and $7.29, …
by Dismal-Jellyfish source: https://www.marketwatch.com/story/china-evergrande-collapse-shows-need-for-1-trillion-beijing-rescue-plan-says-clocktower-strategist China Evergrande Group’s EGRNF, bankruptcy filing in New York on Thursday shows a need for Beijing to go big, and soon, to sop up the nation’s soured real estate market, says Clocktower Group’s Marko Papic. China’s second-largest property developer asked a Manhattan court on Thursday for protection from creditors under Chapter 15 of the …
Three hunters from Florida and a dog were found dead after they got trapped in an underground cistern partially filled with water in a Texas cornfield, the Bastrop County Sheriff’s Office said. There were no signs of life, and initial reports indicated “a hunting party of 3 males and 1 female ended up on foot …
Russian Defense Minister: NATO assembling 360,000 troops in Eastern Europe. Poland is preparing to occupy Western Ukraine.., Russian Defense Minister: NATO assembled 360,000 troops in Eastern Europe. Poland is preparing to occupy Western Ukraine. Important: If NATO moves from a proxy war setting into a direct war with Russia it will be WW3 with all …
Sickening video shows Las Vegas cops rescuing young children who were allegedly battered, starved and put in cages by their parents. One of the older children was beaten so badly that his father, Travis Doss, told Las Vegas Metropolitan Police he believed the 11-year-old was already dead, according to court transcripts obtained by TV station …
Western economists have repeatedly foretold for nearly two decades that a financial crisis would strike at the drop of a hat in China. In particular, as China enters the post-epidemic era of 2023, the debt level of its financial system has been shockingly high. Economic indicators calculated according to Western economics show that China’s financial …
“The transponder that’s used to track the sub during descent towards the bottom is a fully autonomous system – it’s i its own pressure housing and it has its own battery power. So, for them to lose comm and tracking at the same time – sub was gone, there was no question in my mind.” …
Missing Titanic submarine was ‘shoddy’ and I pulled out at the last minute https://www.youtube.com/watch?v=_j6tO0kWTBk View post on imgur.com View post on imgur.com h/t dr0id
In Ukraine, Mexico and Honduras, Mel Gibson is making 4-part docu-series on the $34 billion global child sex trafficking market. Mel called former Special Agent Tim Ballard to head rescue missions.