street

Wall St sees what’s coming, they are selling homes back to Main Street

So much for us becoming a nation of renters. Wall St sees what’s coming. pic.twitter.com/dpVLHTwXxt — QE Infinity (@StealthQE4) August 7, 2023 Banks Want to Dump Property Loans Goldman Sachs, JPMorgan Chase, and other lenders are facing challenges in selling commercial real estate debt due to rising concerns about the sector’s stability. The shift to …

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Wall Street Giants Expect $8.9 Billion Hit From Bank Failures

  https://archive.ph/BIDql#selection-5157.0-5165.245 Article: The biggest US lenders expect to pay almost $8.9 billion to help replenish the US government’s bedrock Deposit Insurance Fund after it was tapped to backstop uninsured depositors at Silicon Valley Bank and Signature Bank. Citigroup Inc. expects to contribute as much as $1.5 billion to the Federal Deposit Insurance Corp.’s pot that was depleted to …

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S&P 500 Q2 profits down 8%, 80% exceed Wall Street expectations.

So far, Q2 profits from S&P 500 companies are down about 8% from a year ago, according to a blend of reported results and consensus estimates. But 80% of companies have so far topped Wall Street profit expectations, a slightly higher rate than average. https://t.co/I9Hmwd7io6 — Lisa Abramowicz (@lisaabramowicz1) July 28, 2023

Millennials are hoarding more gold than boomers and Gen X-ers as recession risks loom, State Street says

Millennials are beating baby boomers and Gen X-ers when it comes to investing in gold, according to State Street. Demand for the precious metal, widely regarded as a safe haven asset, remains strong as recession risks loom. Gold has rallied almost 9% year-to-date, and is approaching the key $2,000 per ounce mark. Buying gold isn’t …

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Federal Reserve Alert! Fed Releases Public sections of July 2023 Resolution Plans aka “Living Wills” for: Bank of America, Bank of New York Mellon Corp, Citigroup, Credit Suisse, Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street Corp, and Wells Fargo & Co.

by Dismal-Jellyfish Bank of America (PDF) Bank of New York Mellon Corp (PDF) Citigroup (PDF) Credit Suisse (PDF)***** Goldman Sachs (PDF) JPMorgan Chase (PDF) Morgan Stanley (PDF) State Street Corp (PDF) Wells Fargo & Co (PDF) ***** Credit Suisse submitted this plan pursuant to a deficiency identified in the firm’s December 17, 2021, resolution plan …

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Wall Street Investors have officially abandoned the Housing Market. MBS Market has completely collapsed.

Wall Street Investors have officially abandoned the Housing Market. With Redfin reporting a colossal 49% crash in investor purchases in Q1 2023. This is the biggest annual decline on record. Even bigger than the drop that occurred in 2005 right before the last crash. pic.twitter.com/9GyHqzHCKl — Nick Gerli (@nickgerli1) May 31, 2023 2) Higher interest …

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