Independent thinking for complex markets and current events
Some Wall Street banks are quietly offloading their portfolios of commercial real estate loans, hoping to cut their losses. These actions stem from concerns that landlords of vacant and struggling office buildings may not be able to pay off their mortgages. The broader distress in the commercial real estate market is driven by high interest …
According to a recent Wall Street Journal/NORC poll, a majority of Americans believe that their children’s lives may be worse than their own. In the survey, 78% of respondents expressed that they “do not feel confident” their children will be better off. This sentiment reflects a growing pessimism about the future, particularly concerning economic prospects for the next generation. …
Dystopian. The three teenagers seen in this video have been charged with a felony for leaving scooter marks on the Pride flag painted on the street in Spokane, WA. Prosecutors are demanding a $15k bond for the teens. pic.twitter.com/1EI6BpfHgG — Ian Miles Cheong (@ianmiles) June 10, 2024 Three Washington State teenagers are facing felony charges …
The Texas National Stock Exchange, also known as TXSE, is indeed in the works and aims to launch by 2026. It is being backed by prominent financial institutions like BlackRock and Citadel Securities. The TXSE Group plans to file registration with the U.S. Securities and Exchange Commission to start operating as a national securities exchange later this year. The new exchange …
The Department of Housing and Urban Development exists to boost affordable housing for Americans, yet under President Biden , HUD is issuing a new “energy-saving” rule that will instead increase the cost of building homes for federally assisted buyers, despite already sky-high prices and a nationwide housing shortage. That HUD enacted this rule to celebrate …
🚨🇬🇧 Meanwhile in the UK….. Man chases Police Officer down the Street with Chainsaw. Just your typical day in 🤡🌎 pic.twitter.com/8BAarFQOjE — Concerned Citizen (@BGatesIsaPyscho) May 6, 2024 The moment the "Texas Chainsaw Massacre" attacker in Paisley was arrested by the police. He had previously chased police down the road armed with a chainsaw shouting …
View post on imgur.com The recent wave of pro-Palestinian protests on college campuses came on suddenly and shocked people across the nation. But the political tactics underlying some of the demonstrations were the result of months of training, planning and encouragement by longtime activists and left-wing groups. At Columbia University, in the weeks and months …
Despite weaker-than-expected job numbers in April, Wall Street is celebrating as the report suggests a potential delay in interest rate hikes. Bonds, stocks, gold, and cryptocurrencies are rallying in response to the news, with the VIX tumbling. Wall Street is celebrating weaker-than-expected jobs numbers in the non-farm payrolls data this morning. This report allegedly pushes …
50% of the assets seized from the bank failure Friday were uninsured deposits. Just like SVB Everyone needs to remember. Anything over $250,000 in one bank is u insured. This means if you have 400k in a bank the FDIC will only guarantee 250k of it. Kiss the other 150k bye. — QE Infinity (@StealthQE4) …
A congressional investigation found that Wall Street used billions of dollars of American retirement savings and other investments to buy shares in index funds that included several blacklisted Chinese companies, the Wall Street Journal reported Thursday. The probe, conducted by a bipartisan House committee empowered to devise strategies for the US to counter China, focused …
JUST IN 🚨: Fidelity now holds more than 150,000 Bitcoin $BTC worth over $10.2 billion https://t.co/FRsl8RBpiL pic.twitter.com/cmcmS9k6B4 — Barchart (@Barchart) April 9, 2024
https://wallstreetonparade.com/2024/04/for-the-first-time-in-history-the-fed-is-reporting-billions-in-losses-weekly-its-still-paying-high-interest-income-to-the-mega-banks-on-wall-street/ The Federal Reserve is losing billions of dollars weekly for the first time ever. Here’s the breakdown: The Problem: The Fed gets low interest (~2%) on the massive amount of bonds it bought during economic stimulus programs (QE). However, they pay high interest rates (over 5%) to big banks for parking cash with them. This leads …
Global Alliance for Responsible Media may be violating “U.S. antitrust laws and congressional intent by coordinating GARM members’ efforts to demonetize and eliminate disfavored content online,” House Judiciary says. Google’s artificial intelligence isn’t particularly bright when it comes to evaluating publishers’ compliance with its advertising policies, if the experience of a heterodox economics blog with …
Living in NYC has become crazy. You can't even walk down the street without getting punched in the head for no reason. pic.twitter.com/xPRHeavbIz — I Meme Therefore I Am 🇺🇸 (@ImMeme0) March 25, 2024
Cash bonuses are down across Wall Street. But not for some top execs. Cash bonuses fell across Wall Street during a challenging 2023, according to a new report, but some bosses were able to buck that trend. Cash payouts for New York City securities employees dropped by an average of 2% to $176,500, according to …
British media are calling it a “surprise” Barack Obama arrives at 10 Downing Street for a private meeting. pic.twitter.com/W5tCeFRn55 — Citizen Free Press (@CitizenFreePres) March 18, 2024 Barack Obama exits 10 Downing Street with US ambassador to the UK Jane Hartley after a surprise meeting Barack Obama exits 10 Downing Street with US ambassador to …
Wells Fargo downgrades Tesla to Underweight, sets $125 price target. "Wells Fargo downgraded Tesla to Underweight from Equal Weight with a price target of $125, down from $200." $TSLA (is Wall Street turning on $TSLA?) pic.twitter.com/vUYvdG6ohc — Gordon Johnson (@GordonJohnson19) March 13, 2024 Shares now down 58% from the $414.50 high [November 2021]$TSLA https://t.co/UN5XacXGGA — …
via naturalnews: President Joe Biden’s administration is firm in declaring that the year 2024 is the time for Americans to start breathing easy again when it comes to inflation that haunted households for a few years. After more than 20 months of skyrocketing prices and higher borrowing costs, investors, economists and Federal Reserve officials claim …
Goldman Sachs Group Inc. has made a surprising change to its “Possibilities Summit” for Black college students: It’s opened the program to White students. At Bank of America Corp., certain internal programs that used to focus on women and minorities have been broadened to include everyone. And at Bank of New York Mellon Corp., executives …
China is deliberately allowing the export of deadly devices that turn handguns into machine pistols as it seeks to destabilize the US with street warfare China ‘foments division by putting weapon-enhancing’ devices on the streets That is the conclusion of Peter Schweizer’s new book ‘Blood Money’ Law enforcement agencies are reporting a surge in ‘auto …
It's popping off in Brazil. Massive street protest against leftist president Lula. pic.twitter.com/IKhUcKtS5B — Citizen Free Press (@CitizenFreePres) February 25, 2024 Brazil is protesting their WEF-selected President. President Bolsonaro was the rightful Winner. The World has had enough of the Terrorists at the WEF/UN/WHO. pic.twitter.com/WaKYRpaWmZ — Liz Churchill (@liz_churchill10) February 25, 2024 BREAKING: One of …
Nvidia’s stock pops 16% to spur biggest one-day gain in market capitalization by any U.S. company It’s a testament to Nvidia Corp.’s blockbuster run over the past year that Wall Street is, in a way, looking past eye-popping metrics like a quintupling of data-center revenue in the latest quarter. Investors have become so accustomed to …
https://twitter.com/_/status/1757823853227630915 UPDATE: Tweet deleted after backlash View post on imgur.com https://twitter.com/_/status/1753433667504906484 View post on imgur.com h/t dr0id
By Pam Martens and Russ Martens: February 13, 2024 ~ According to the Financial Crisis Inquiry Commission (FCIC), derivatives played a major role in the financial crash of 2007 to 2010 in the United States, the worst financial crisis in the U.S. since the Great Depression of the 1930s. The FCIC wrote in its final …
Regional banks have been setting aside more money to deal with future losses on commercial real estate. Some analysts now fear it hasn’t been enough. The stock of commercial real estate lender New York Community Bancorp (NYCB) slid by 22% Tuesday and has now fallen nearly 60% since it surprised Wall Street last week by …
Moscow Street Interviews What do you think about Tucker Carlson. Moscow Street Interviews What do you think about Tucker Carlson.pic.twitter.com/GCIN7uZ30F — Citizen Free Press (@CitizenFreePres) February 5, 2024
NYC just passed new laws banning vendors from certain parts of the city. Officials herald this as a win for pedestrians, but to the hundreds of small businesses that now must move out or shut down, and uncertain future awaits.
Mob of over 100 LOOTERS smashes car through Compton bakery, trashes store after street takeover A mob of over 100 looters purposefully crashed a Kia into a small bakery in Compton, Calif., before they flooded in and ransacked the store during a night of rampage on the streets earlier this week. The thieves had gathered in the area for …
