Financial Stability Oversight Council press release Friday 2/4: “potential risks to U.S. financial stability arising from open-end funds, PARTICULARY THEIR LIQUIDITY AND REDEMPTION FEATURES.” The XRT ETF is an open-end fund.

by Flokki_the_Monk Press Release from Financial Stability Oversight Council through Treasury on Friday: https://home.treasury.gov/news/press-releases/jy0587 FSOC includes Janet Yellen, Jerome Powell, & Gary Gensler. This is coming from the top, which means all 3 have been forced to admit these issues exist. This …

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Are US Credit Markets starting to deteriorate alongside weakening economy? Fed starting to take away the kool-aid? High yield in free fall…

Are US #Credit Markets starting to deteriorate alongside weakening #economy? #Fed starting to take away the kool-aid? pic.twitter.com/zeLd2hawjJ — CrossBorder Capital/ GLIndexes (@crossbordercap) February 7, 2022 Euro high yield in free fall pic.twitter.com/jSZdlTPYEN — Alessio (@AlessioTMAD) February 7, 2022 We’ve …

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Mohamed El-Erian on Whether Economy Can Handle Seven Fed Rate Hikes…Seven Hikes? Fast-Rising Wages Could Cause the Fed To Raise Interest Rates Even Higher This Year

Mohamed El-Erian on Whether Economy Can Handle Seven Fed Rate Hikes Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, joins CNBC’s ‘Squawk Box’ to discuss the Federal Reserve’s interest rate policy, inflation and more. Seven Hikes? …

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The Nursing Home Slumlord Manifesto: In a surreal new lawsuit, New York nursing home owners say they make nearly a billion dollars a year understaffing homes and shortchanging patients.

Last spring, disgraced New York Gov. Andrew Cuomo signed into law a simple but sweeping reform that would have required nursing homes to spend a majority of their revenue on patient care. Specifically, the law required nursing home operators to …

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Signs the Next Rally in Gold has Begun

by David Brady via Sprott Money Using Gold as a proxy for the entire sector, there is little evidence to signal which direction it is going in the short term. Beyond that, we’re only going much higher, in my humble opinion. The technicals …

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CNN has collapsed

They have lost their leader, their star anchor and 90% of their viewers in the last year. It’s a sinking ship. Karma baby!     h/t SharknatoTomato