There is no way out of this mess, that’s for sure. Markets are wild, the real economy is weak, tensions are high. Yet the mainstream media and the propaganda they force feed the public is never ending. I guess there’s …
by Dr. Eowyn Although there are rules preventing banks and credit-card companies from seeing what customers are buying, if the New York Times has its way, those financial companies would begin to do just that. Not only would they see what we purchase, but the NYT would also have them monitor …
via @crossbordercap: Crashing Global Liquidity is making bonds look pretty good again… Post-G20, The US Dollar Is Armed And Pointed At Europe For 2019. Could Capital Flows Be The Trigger? http://bit.ly/2SnIdSX How Low Can They Go? Major Central Banks – China …
by Martin Armstrong QUESTION: Hello, Since the Fed ‘created’ ‘money’ after 2008 that was then deposited back at the Fed by the recipient banks ( say,75% of it), it is not easy to see why the Fed is to blame for …
Some Global Banks Break Ties With Huawei Margot Patrick in London and Julie Steinberg in Hong Kong Two banks that helped power the Chinese company’s rise as a global technology supplier, HSBC Holdings HSBC 1.59% PLC and Standard Chartered STAN …
At this point, it should be obvious why something like this is posted here. Time and time again we see global banks involved in some kind of market rigging, and the punishment just feels like a way for the commission …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bottom fishers were taken out the back and shot. It just doesn’t let up with Deutsche Bank — or with European banks in general. A new day, a new scandal, a new historic low in the …
by Kimble Charting Is the Banking sector sending a message that weaker economic times are ahead for the U.S. economy? Possible! click image to enlarge This chart looks at the Banking Index (BKX) over the past 25-years. It 2007 the index broke 11-year …
via Bloomberg: What began guardedly, as traditional lenders retreated post-Lehman, has exploded into a financial-industrial complex rapidly approaching $1 trillion, with money streaming in from pension funds, insurers and hedge funds. It’s part of a decade-long borrowing spree that has …
” Since its peak in late January, the S&P 500 financials index has fallen more than 20%—typically considered the threshold for the start of a bear market. Concerns about economic growth and the increasing cost of borrowing money may be making investors …
by Martin Armstrong COMMENT: Dear Martin, I would like to share any information on the subject “The Hunt for Taxes and the Abolition of Cash” that you comment on so often: Citi closes accounts of customers who withdraw cash instead of using credit …
Do you believe that we will see banks on the brink of failure during the next financial crisis? Or are they safe now? In one of the most volatile years on record, we are see a story split in two. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The price of rising interest rates. The FDIC just released the aggregated third-quarter performance metrics of the 5,477 banks and thrifts it insures. The amount of their combined assets ticked up to $17.7 trillion. These assets – mostly …
https://twitter.com/MehulD108/status/1073202307423236096 [RTRS] – U.S.-BASED LOAN PARTICIPATION FUNDS POST $2.5 BLN WITHDRAWALS OVER WEEKLY PERIOD; LARGEST WITHDRAWALS ON RECORDS DATING TO 2003 -LIPPER — Alastair (@StockBoardAsset) December 13, 2018 [RTRS] – U.S.-BASED CORPORATE INVESTMENT-GRADE BOND FUNDS POST $3.7 BLN WITHDRAWALS OVER …
by Chris Kimble Large and Regional banks have struggled this year, as both indices have declined nearly 15% in 2018. These declines have taken place as interest rates have been moving higher, which historically is positive for banks. The declines …
via Bloomberg: Hong Kong’s banks are staring at a tough year for business, marred by lower demand for loans and a peak in local property prices. Goldman Sachs Group Inc. cut the lenders’ loan-growth estimates and target prices on Tuesday. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter On Tuesday, the US KBW Bank index, which tracks the largest 24 US banks and serves as a benchmark for the banking sector, dropped 1.2%, the fifth day in a row of declines, to the lowest …
The vote in the UK might be canceled. The BREXIT deal might be no deal at all. The establishment pushed their agenda when they arrested Meng Wanzhou, their plan was stop the trade deal and to stop China and the …
by Alexander Trigaux, Editor, GoldSilver It’s time for our roundup of the big investment banks and where they predict the gold price will go in 2019. Their forecasts, while as fallible as any others, are worth paying attention to for one …
via yahoo: A few double negatives buried in legislative text may have inadvertently freed nearly all U.S. banks from a regulation known as the Volcker Rule, which sought to curb risky behavior in response to the 2008 financial crisis. The …
Gregory Mannarino interviewed by Greg Hunter on USA Watchdog The stock market has made wild swings this week. Gregory Mannarino from TradersChoice.net comes on in a special one-on-one interview to make sense of it all. Mannarino gives his analysis on stocks, bonds, interest rates, …
Central banks probably need to do something to turn around real M1 growth, otherwise MSCI World will face another tough run in H1 of 2019. Do you think CBs will turn around? pic.twitter.com/ebYszw2lhR — Andreas Steno Larsen (@AndreasSteno) December 5, …
by Egon von Greyerz Both Western and Eastern central banks are now fully supporting gold. Precious metals investors can with total confidence buy and hold physical gold, silver and platinum in the firm knowledge that central banks both in the West …
by Thinker Alternative media is talking about what the mainstream will make a point to distract the masses from the “TRUTH.” How long has Jsnip4 been talking about not having “ALL” your money in the bank??? Can you take it …
Portfolio Wealth Global, Released on 11/29/18 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has …
by Shaun Richards This week has seen something of an expected shifting of the sands from the European Central Bank ( ECB) about the economic prospects for the Euro area. On Monday its President Mario Draghi told the European Parliament …
via Money Metals: It is hard to cheer for the Department of Justice these days, but federal prosecutions have begun to offer hope for precious metals investors hurt by rigged markets and crooked traders. The DOJ looks poised to do what …
by Martin Armstrong The IMF has recommended that all Central banks should issue their own cryptocurrencies. Indeed, they are looking at using Block Chain to keep track of taxes and to enforce negative interest rates with cryptocurrencies which would allow them to impose …
by J-LG https://www.bloomberg.com/news/articles/2018-11-19/danske-whistleblower-points-finger-at-deutsche-bank-in-testimony Deutsche Bank is being drawn deeper into the widening money-laundering scandal surrounding Danske Bank. Whistle-blower Howard Wilkinson, who stunned a parliamentary hearing with an assertion that he was offered hush money by the Danish lender, estimated that …
Credit bubbles caused by the central banks always burst….https://t.co/qgd75cqR2R — Dave Collum (@DavidBCollum) November 18, 2018 The good times are coming to an end in the corporate debt market, and this week’s turmoil in General Electric Co. credit is a sign that …