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

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

oilprice.com/

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

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

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

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

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

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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: t.co/kkd5YSSic1 t.co/4XUC9sLPmY” / Twitter

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

twitter.com/NorthmanTrader/status/1248503976376578048

blood plasma – Explore – Google Trends

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

 

 

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