Independent thinking for complex markets and current events
🚨BREAKING: Banking Stress Escalates – FED discount-window loans hit $6.46B for the week ended June 12th, up from $6.19B. – Significant increase signals rising stress in the banking sector. – Experts warn of increased reliance on emergency funding especially in regional banks pic.twitter.com/WmxBngnXM8 — The Coastal Journal (@1CoastalJournal) June 13, 2024 We did 🫣notice the …
First to go, will be the financial sector . Wont be long . pic.twitter.com/M1x8wQig5f — The Great Martis (@great_martis) June 10, 2024 Look at the cracks David . Dow Transports and Russell are both down 15% Market is fractured . AI was a temp save . Bonds will erode and DXY will rocket . We …
BANKING CRISIS🚨 Soon ! Sector update. Falling window ?We soon find out . Either way the sector is DOOMED !!!! https://t.co/Qiq6hMkvmy pic.twitter.com/fmhadh8n0F — The Great Martis (@great_martis) May 29, 2024 Small banks are rolling over hard. The last PCE inflation report tanked the market, but it was a pullback in a short-covering rally. The next …
As China’s automotive industry experiences a significant shift, the global automotive sector faces a potential second China shock. This shock is driven by a combination of factors, including a surge in China’s automotive exports, a shift in internal demand, and the rapid growth of electric vehicles (EVs). These developments are reshaping the global automotive landscape …
A startling revelation emerges as conflicting job reports unveil a stark contrast in employment data. Despite official claims of a robust job market with a 640,000 increase in nonfarm payrolls, the quarterly census of employment and wages paints a different picture, indicating a shocking loss of 192,000 private sector jobs during the same period. As …
Nina Jankowicz, previously the head of the Biden administration’s ill-fated “Disinformation Governance Board,” is teaming up with liberal operatives to head a new nonprofit aimed at “increasing the cost of lies that undermine our democracy.” The American Sunlight Project, Jankowicz’s new outfit, recently launched, sending a letter to the Republican-led House Oversight and Judiciary Committees on April 22 …
The increasing elderly population in the United States is driving a high demand for long-term care workers, with an estimated 900,000 job openings in the sector. Facing a shortage of workers, many companies are considering hiring more migrant workers to meet this demand. While some advocate for expanding opportunities for migrants in the caregiving workforce, …
via The Telegraph The Treasury said NHS pension liabilities alone had climbed above £1 trillion, while the cost of future pension promises to millions of public sector workers including doctors, civil servants and teachers ballooned by £333bn to reach £2.64 trillion in the 2021-22 financial year. The jump in liabilities was driven by a substantial downgrade to …
Non-performing loans at China’s big four banks — Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China — jumped 10.4% in 2023, from 1.117 trillion Chinese yuan, about $155 billion, in 2022 to 1.23 trillion yuan. This is according to a Nikkei analysis based on the companies’ …
BlackRock, which had over $10 trillion in total assets under management at the end of last year, oversees the largest retirement funds in the U.S. Read more: https://t.co/PAWap6GET3 — unusual_whales (@unusual_whales) March 29, 2024 With the debt-to-GDP rising to the point where it was during World War II, the cost of Social Security will likely …
via Mike Shedlock Today the BLS released employer costs for the 4th quarter of 2023. Let’s investigate how much state and local government workers make compared to private industry workers. Compensation chart from the BLS, annotations and calculations by Mish Information from the BLS report on Employer Costs. The Employer Costs for Employee Compensation (ECEC) measures …
#JustDarioDaily 🚨MORGAN STANLEY – BIG BALANCE SHEET LOSSES HIDDEN BEHIND EXOTIC DERIVATIVES CURTAINS (AGAIN)? 😳🚨 When you've spent enough time trading inside a bank and watching markets for hours a day sometimes you're able to spot if something suddenly starts behaving… https://t.co/u0OcVSS8Jq pic.twitter.com/XT4nAo6R37 — JustDario 🏊♂️ (@DarioCpx) March 7, 2024 Why is the largest bank …
"While I'm leaving the job that I'm in today, I believe I'm gonna liberate myself to actually be more engaged!" says Biden "climate envoy" John Kerry. "This journey of 'transition' … it's not something to be scared of! It's something to embrace!" pic.twitter.com/6hkWkgfgzJ — RNC Research (@RNCResearch) March 5, 2024
China’s financial sector needs to focus on supporting the real economy and must refrain from “fake financial innovation”, state media has proclaimed amid a tightening of regulations as Beijing seeks to flex its financial might. In what is widely believed to be a warning against capital idling and speculative activities by banks and lending institutions, …
Like many Chinese people, Jacky hoped that he could make enough money investing in China’s stock markets to help pay for an apartment in a big city. But in 2015 he lost $30,000, and in 2021 he lost $80,000. After that, he shut down his trading account and started investing in Chinese funds that track …
S&P Global: composite PMI shows service sector expansion outpacing manufacturing contraction w/ business confidence rising and fastest private sector growth in 6 months, though still very low by historical standards – we’re basically coming off near-zero: S&P Global: composite PMI shows service sector expansion outpacing manufacturing contraction w/ business confidence rising and fastest private sector …
Amidst the unfolding year, concerns heighten over a looming financial crisis, with a potential bank failure on the horizon. The Office of the Comptroller of the Currency (OCC) proposes rule changes, including waiving margin requirements for major banks during periods of “high volatility,” sparking questions about the stability of the financial system. The specter of …
“Yesterday Challenger reported 82.3K layoffs in Jan., the worst January since 2009, excluding 2023. Wed. ADP reported just 107K #jobs created in Jan. Today the Govt. reported 353K jobs created in Jan,. smashing expectations of 170K. Do you believe the Govt. or the private sector?” Challenger Job cuts in January were still slowing on a …
The Dallas Federal Reserve’s somber report reveals a slight contraction in the service sector in January. Retail, in particular, nosedives with the fastest sales drop since April ’20, casting a shadow on the overall health of the economy. The modest employment gains in non-retail services provide only marginal relief, painting a worrisome picture for the …
The leading sector is Crapto. Already two billionaire criminals jailed in 2023. A lot more to come. Across all markets. Move along, nothing to see here. pic.twitter.com/1KJDug2lwl — Mac10 (@SuburbanDrone) December 8, 2023
via YAHOO: Already stung by soaring bad loans and record low net interest margins, lenders such as Industrial and Commercial Bank of China Ltd. may soon be asked for the first time to provide unsecured loans to developers, many of whom are in default or teetering on the brink of collapsing. The risky lifeline threatens …
by confoundedinterest17 Is it sundown for the US commercial real estate market? According to Trepp, the volume of CMBS delinquency increased 49.4% during 10 months through October. Looking for more? This piece has been taken from Trepp and Commercial Real Estate Direct’s Q3 2023 Quarterly Data Review. Access the magazine here. The volume of CMBS loans …
The German steel sector, facing a substantial budget shortfall due to a court ruling, is sounding an alarm on the nation’s industrial transformation. With more than 40 billion euros ($44 billion) in planned investments now under scrutiny, the sector is grappling with a loss of confidence and growing uncertainty. How long before the steel industry …
In 2023, major financial institutions such as Citigroup, Goldman Sachs, Farmers Insurance, Robinhood, Charles Schwab, Wells Fargo, Ally Financial, Morgan Stanley, Bank of Nova Scotia, and RBC have collectively announced layoffs, totaling more than 20,000 employees according to Forbes. These layoff announcements contribute to the ongoing struggles in the US banking sector, with bank stocks …
by welp007 Central bank digital currencies (CBDC) can replace physical money, especially in economies where cash deployment is costly, Managing Director of the International Monetary Fund Kristalina Georgieva said during a Wednesday speech. CBDCs are digital iterations of sovereign currencies like the U.S. dollar or the euro issued by central banks, potentially utilizing technologies that …
Insane. The current Nasdaq-to-Treasuries ratio stands 70% higher than its level during the tech bubble's peak. This chart puts into perspective how, despite ongoing issues with Treasuries, the more relevant question now is whether overall equities can remain as overvalued as… pic.twitter.com/CKBWvHPtU6 — Otavio (Tavi) Costa (@TaviCosta) October 9, 2023 BREAKING: Banks are bracing for …
“The financial condition of balance sheets in the consumer discretionary sector has severely deteriorated over the past few years It’s one thing to accumulate debt in a easy money environment, but quite another to operate a highly leveraged business in a rising cost of capital setting. Keep in mind that some of these companies will …
https://t.co/HuFqOgfd2e — Win Smart, CFA (@WinfieldSmart) September 7, 2023
https://twitter.com/balancealways/status/1697144430627549567?ref_src=twsrc%5Etfw The NHS is a financial black hole used to bung money to every shady outfit going. People need to stop their brainwashed worshiping of a corrupt and criminal bureaucracy. Stop supporting the vile jabbers and maskers just following orders too. Get rid of the entire thing. AC
