Independent thinking for complex markets and current events
via Zerohedge: Billionaire Barry Sternlicht, Founder, Chairman and CEO of Starwood Capital Group has issued an ominous warning about America’s regional banks, which he says will fail at a rate of ‘one or two’ per week. Speaking with CNBC on Tuesday, Sternlicht says he thinks that primary real estate lenders – community and regional banks – are …
Trump called the debate between DeSantis and Haley “two people screaming at each other” 😭😂 pic.twitter.com/xkAQLX0qGg — Julia 🇺🇸 (@Jules31415) January 14, 2024 No doubt. https://t.co/Ge5tu5Eirw — Catturd ™ (@catturd2) January 15, 2024 Cringe. https://t.co/d68BB6izAs — Catturd ™ (@catturd2) January 15, 2024
Everyone's talking about how the U.S just hit $1 trillion in total credit card debt But what's more concerning: That number has increased by +$250 billion in just 2 years This doesn't end well pic.twitter.com/LK7oUrne2D — Genevieve Roch-Decter, CFA (@GRDecter) May 31, 2023 U.S. Consumer Debt Piles up to $17 Trillion More, more, more. According …
by Dismal-Jellyfish It gets even more interesting! 1 year ago: 3/16: 18,073.5395 Billion. High was hit 4/13/2022: 18,130.6814 Billion. Over half a trillion in deposits pulled in the last year! Board of Governors of the Federal Reserve System (US), Deposits, All Commercial Banks [DPSACBW027SBOG], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DPSACBW027SBOG, March …
via justice.gov: Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, March 9, 2023 Former Wall Street Precious Metal Traders Sentenced for Wire Fraud Two former Wall Street traders were each sentenced today to one year and one day in prison for engaging in a multi-year fraud scheme to manipulate U.S. commodities markets …