Banks Brace For MOST Mortgage Defaults IN HISTORY! Markets Have NO IDEA.

Do you think banks will be getting a direct bailout at some point?

If the FInancial Crisis taught the world anything it’s that companies are not prepared for a crisis. People are not prepared for a crisis. Whether the events are caused by derivatives, something outside of our control, or excessive risk taking, it’s crucial to understand and be prepared. That didn’t happen last time and based on the data we have right now, it looks like we’re in for another wild ride.

 

OPEC and allies finalize record oil production cut after days of discussion

https://www.cnbc.com/2020/04/12/opec-and-allies-finalize-record-oil-production-cut-after-days-of-discussion.html

Crude Oil Prices Today | OilPrice.com

https://oilprice.com/

Exclusive: JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens – Reuters

https://www.reuters.com/article/us-jp-morgan-mortgages-credit-exclusive/exclusive-jpmorgan-chase-to-raise-mortgage-borrowing-standards-as-economic-outlook-darkens-idUSKCN21T0VU

Mortgage Defaults Could Pile Up at Pace That Dwarfs 2008 – Bloomberg

https://www.bloomberg.com/news/articles/2020-04-02/home-lenders-brace-for-up-to-15-million-u-s-mortgage-defaults

Mortgage Defaults Could Pile Up at Pace That Dwarfs 2008 – Bloomberg

https://www.bloomberg.com/news/articles/2020-04-02/home-lenders-brace-for-up-to-15-million-u-s-mortgage-defaults

New grads may face worst job market since 2008 financial crisis

https://www.cnbc.com/2020/03/29/new-grads-may-face-worst-job-market-since-2008-financial-crisis.html?inf_contact_key=27ec2807b7a7d73261dc2ac31fcc4225

Fed-.png (950×620)

https://i1.wp.com/northmantrader.com/wp-content/uploads/2020/04/Fed-.png?ssl=1

central bank balance sheet jpm.jpg (568×708)

https://www.zerohedge.com/s3/files/inline-images/central%20bank%20balance%20sheet%20jpm.jpg?itok=45XB_Qjc

fed monetization.jpg (731×457)

https://www.zerohedge.com/s3/files/inline-images/fed%20monetization.jpg?itok=QQtE98xi

market-cap.png (1132×838)

https://i0.wp.com/northmantrader.com/wp-content/uploads/2020/04/market-cap.png?ssl=1

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https://i1.wp.com/northmantrader.com/wp-content/uploads/2020/04/GDP.png?ssl=1

Sven Henrich on Twitter: “The @WSJ Editorial Board tells you what the new price distortion is all about: Save Wall Street and the top 1% and hope for trickle down economics later: https://t.co/kkd5YSSic1 https://t.co/4XUC9sLPmY” / Twitter

https://twitter.com/NorthmanTrader/status/1248880682346205191

Sven Henrich on Twitter: “Wealth inequality is accelerating even further. The lower income brackets are getting laid off and their livelihoods destroyed and the majority of rescue packages and bailouts are geared toward stockholders and the investor class. Business as usual.” / Twitter

https://twitter.com/NorthmanTrader/status/1248503976376578048

blood plasma – Explore – Google Trends

https://trends.google.com/trends/explore?date=2007-03-13%202020-04-13&geo=US&q=blood%20plasma