Independent thinking for complex markets and current events
The top 20% of Americans now own the majority of US real estate: The top 1% of US earners hold a record $6.1 trillion in real estate, followed by the next 19% who hold $21.0 trillion, an all-time high. This means the top 20% own a combined $27.1 trillion, or 56.4% of total US real …
JPMorgan's Dimon: Obviously, gas prices going up going to hurt people a little bit, but they still have money to spend and they still have jobs… I hear people say they were not imminent threat. These people have been doing something bad for 47 years. These are bad people that… pic.twitter.com/xgNAHo1LHy — unusual_whales (@unusual_whales) April …
Reporter’s summation of today’s episode from Frontline Africa news podcast: Five things you should take away from this episode. The number one thing is that this is now a four-front war. Iran from the east, Hezbollah from the north, the Houthis from Yemen in the south, the Iraqi militias hitting American targets across the Middle …
by DesmondMilesDant So basically when global CB’s raises rates to fight inflation the yields on bonds started going up. Now if the money was moving from stock market to bond market to chase higher yields then why didn’t the market crashed coz the vol must have gone up. Reason being banks create SP’s that dampens …
via Reuters – Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as a month-end scramble for cash squeezed liquidity and stressed money markets. In addition to seasonal factors, the cash shortage was caused by an upcoming flood of government bond issuance, and traders also pointed to market …
Three million middle class homeowners are at risk of having their savings wiped out by the recent surge in mortgage costs, a leading think-tank has warned. Analysis from the Institute for Fiscal Studies (IFS) suggests 2.9 middle middle income mortgage holders would have to raid their savings or ask for help to meet an unexpected …
by Simian_Stacker The vaporization of value from CRE in Democrat-Bolshevik malgoverned cities is going to take down countless regional banks when lenders have to take back those properties. via dailymail.co.uk: Convention bookers are choosing cities such as Las Vegas for events rather than San Francisco due to the crime and homelessness that are rife in …
