Independent thinking for complex markets and current events
by OtaraMilclub If banks were required to mark their assets to market, as they did prior to 2009, the entire banking industry, including the too big to fail wall street banks would be insolvent, along with the Federal Reserve. Does this seem sustainable to you? $500 billion wiped out in a matter of days and …
Mark Spitznagel, chief investment officer of Universa Investments, issues a stark warning about the Federal Reserve’s actions, claiming they’ve inflated the “greatest credit bubble in human history.” In a recent interview, Spitznagel painted a grim picture of the U.S. economy, predicting a mega inferno in the form of a major market crash within the next …
"Elmo… across this country, people of color, especially the black community, are being treated unfairly" This is a real scene from taxpayer-funded Sesame Street: pic.twitter.com/kNUX5iVjqz — End Wokeness (@EndWokeness) December 22, 2023
According to the OCC, as of September 30, JPMorgan Chase (which lost $6.2 billion from its federally-insured bank in wild derivative trades in 2012) is still allowed to sit on $54.4 trillion in derivatives. Citigroup’s Citibank, which blew itself up in 2008 from derivatives and off-balance-sheet vehicles and received the largest bailout in global banking history, is sitting on …
via dismal-jellyfish: Source: https://libertystreeteconomics.newyorkfed.org/2023/12/dropping-like-a-stone-on-rrp-take-up-in-the-second-half-of-2023/ Background: Liberty Street has a paper Treasury Bill Supply and ON RRP Investment based on the Staff Report Banks’ Balance-Sheet Costs, Monetary Policy, and the ON RRP. TLDRS: The authors call out the increase in Overnight Reverse Repurchase (ON RRP) take-up from 2021 to May 2023 was influenced by several factors, including higher balance-sheet costs …
Mia Lee is a professional escort and stripper in New York City. She makes nearly $68,000 during the first two weeks of December. Lee gave a look into one of her busiest and most lucrative weeks leading into the holiday season. Mia Lee spends most of December entertaining Wall Street bankers during hourslong stints in …
Source: https://t.co/mLJa5anCgw — Chief Nerd (@TheChiefNerd) December 15, 2023
The city is rolling out a controversial new plan to remove street parking spots. Is this a good idea?
via bettermarkets: Dennis M. Kelleher, Co-founder, President, and CEO of Better Markets issued the following statement in response to the testimony of Wall Street’s CEOs today before the Senate Banking Committee. “Wall Street’s CEOs testified before the Senate Banking Committee today as if they were the chief employment and economic growth officers for the United States …
Disgusting result of decades of Democrat rule. Imagine as a store owner coming to your store one morning to open shop and this is what greets you. Welcome to Los Angeles. pic.twitter.com/U7eruuPumu — Libs of TikTok (@libsoftiktok) November 26, 2023 h/t Dan
Well, the parking is free…https://t.co/xdvbKsr1K6. — Dave Dietz (@WiscoDaveTRO) December 1, 2023 Barclays customers in Hove will have to do their in-person banking from a van in a local graveyard as the bank closes its last branch in the area next week… https://www.telegraph.co.uk/money/banking/barclays-closes-branch-tells-customers-use-van-graveyard/#:~:text=The%20van%20is%20temporarily%20being,Monday%20from%2010am%20to%203pm Overdue Office Loans Are New Pain Point for Banks in FDIC Report …
Happy Veterans Day! Do people know about our vets and the wars they fought in? Johnny finds out pic.twitter.com/8rnJzLic39 — Jesse Watters (@JesseBWatters) November 14, 2023
The signs of an impending auto loan debt crisis are becoming increasingly apparent, as noted by AutoMoBlog. Wall Street’s lucrative practice of selling car loans to individuals with limited capacity to repay is fueling concerns, mirroring practices reminiscent of the 2008 financial crisis. Simultaneously, the rapid increase in defaults on Commercial Mortgage-Backed Securities (CMBS) is …
View post on imgur.com via WSJ: Last week we learned that the economy, far from sliding toward recession as economists had predicted over the past year, has actually picked up steam thanks to indefatigable consumers. Not only has economic output made up all the ground lost during the pandemic, but it is also above where …
THIS IS INSANE A woman is given a fine by the British police for the crime of praying silently in her head on the street. SHARE – This is literally thought crime.pic.twitter.com/YmRo6jCCGT — PeterSweden (@PeterSweden7) October 26, 2023
An exploding manhole cover led to claims of an “explosion” hitting central London this morning as a cloud of white smoke was seen near Fenchurch Street station. Eyewitnesses on X, formerly Twitter, reported seeing “hundreds” of police officers and paramedics rushing to the scene. The station has been cordoned off, according to reports. The nature …
by Chris Black Another building in Gaza spontaneously combusts in a “BLAST” that randomly went off. Great reporting on this paranormal phenomenon by the Wall Street Journal. Blast Goes Off at Orthodox Church Campus in Gaza – The Wall Street Journal https://t.co/q8oSP9JZIW via @GoogleNews — Coopmike48 (we/us) (@coopmike48) October 19, 2023 Israel bombed it, the …
What else can you see? Note hamas against Israel at the top with tur words ‘wrath’ appearing between them. Hackers as well! View post on imgur.com Conformation of authenticity https://www.economist.com/weeklyedition/2012-12-22 Higher resolution available here: 🔯#KhazarianMAFIA✡️(THIS IS A COVER FROM THE ECONOMIST MAGAZINE FROMDEC 2012)#Israel #Gaza #hospital #WW3 #IsraelAttack #IsraelGazaWar #Zionists #DepopulationAgenda #MOSSAD #CIA #NWO #PalestineGenocide …
Lobbyists Grab Control at House Financial Services Hearings, Backing Jamie Dimon’s Push to Gut Higher Capital Proposals We’re very sorry to have to tell you this, but if you’re not watching Senate Banking or House Financial Services Committee hearings when the topic is about increasing bank capital or any new regulations to make the …
WASHINGTON, D.C.— Stephen Hall, Legal Director and Securities Specialist, issued the following statement on today’s decision in Robinhood Financial LLC v. Galvin, from the Supreme Judicial Court for the Commonwealth of Massachusetts, reversing a lower-court judge’s decision that struck down the state’s fiduciary duty rule. Better Markets filed an amicus curiae brief in the case …
Joe Biden on Monday arrived in Maui to survey the damage two weeks after deadly wildfires devastated the historic town of Lahaina. More than 100 people are confirmed dead and nearly 1,000 people are still unaccounted for. Biden arrives in Maui. pic.twitter.com/DcncPf16OP — The Post Millennial (@TPostMillennial) August 21, 2023 Maui residents lined the road …
Video Credit: lei_dubzz on Instagram — Colin McCarthy (@US_Stormwatch) August 9, 2023
Young people meet up on Oxford street to commit criminal acts in broad daylight. This is how little they fear the law in our capital city. It’s a pity Sadiq Khan hasn’t found a way to charge £12.50 to stop lawlessness in London. https://t.co/xVHV2gWkTq — Chris Rose (@ArchRose90) August 9, 2023 A large number of …
by Dismal-Jellyfish SEC Order – Wedbush Securities Inc SEC Order – Houlihan Lokey Capital Inc. SEC Order – SMBC Nikko Securities America Inc. SEC Order – SG Americas Securities LLC Moelis & Company LLC Wells Fargo Securities LLC, Wells Fargo Clearing Services LLC, and Wells Fargo … Mizuho Securities USA LLC BMO Capital Markets Corp. …
