by LostToAModIn7Moves S&P 500 Price Targets (9/09), 2022 EOY Source “With only 78 trading days left in 2022, Wall Street’s big banks are still split on where the S&P will end the year — with price targets ranging from 52-week …
by Shaun Richards Yesterday was packed with news including some especially sad news from the UK, but I want to focus on what turned out to be a fascinating policy meeting at the European Central Bank or ECB. The news …
by Michael The food lines are back, and they are starting to get really long. But this wasn’t supposed to happen. We are being told that unemployment is very low, even though that is not actually true. And we are also …
by BoatSurfer600 When inflation becomes uncontrollable, central banks’ reactions tend to be disproportionately large, which is exactly what we are seeing in 2022. “Central banks need to be decisive on inflation, IMF’s Gopinath says” https://www.investing.com/news/economy/central-banks-need-to-be-decisive-on-inflation-imfs-gopinath-says-2881103 “Some ECB policymakers want 75 …
This is a deep dive with Danielle DiMartino Boot and Hedgeye about the New and used Car market. and how this will affect everyone!
Unlike most other central banks, the PBOC has been easing for most of 2022. And yet their market is still imploding. Bulls, you would do well to take notice of what happens when "pivots" fail. But you won't, so you …
by Natalie Laz via Kinesis In this week’s Live from the Vault, Andrew Maguire exposes the race major world banks are in to discreetly exit decades of accrued, loaned-out short bets against gold and silver, as Basel III reforms bring the precious metals market closer …
https://twitter.com/WallStreetSilv/status/1559204103879725057 China Factory Orders Drop in Ominous Sign for Global Outlook View post on imgur.com This is a chart of the US overnight Repo Rate. It should scare you. The overnight rate is the interest rate at which a depository …
Community banks and credit unions are facing a wave of defaults as a rising percentage of subprime borrowers are unable to make payments on their cars. With repossessions surging, local banks will face solvency issues as car prices fall.
posted by Peter Schiff on schiffgold.com: Central bank gold buying notched up again in June. Central banks globally added 59 tons of gold to their reserves last month and there were no reported sales, according to the latest data compiled by …
This needs to be watched.. This is what’s coming if we let it pic.twitter.com/sBnz5ZQBvO — Karl (@AMBULLDOG249) August 5, 2022 h/t Dan
Dozens of major bank branches are set to be closed over the next few months which will see 182 Australians lose their jobs, according to the Finance Sector Union. In total, 37 branches will be shuttered across the nation, with …
NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their balance sheets and impair their ability to lend. The Fed’s …
by Boo_Randy Do these food banks not understand that we have the “strongest economy ever” and we are not in a recession? https://www.foxbusiness.com/economy/food-banks-face-inflation-struggles-surging-demand-never-seen-anything-like-this Community FoodBank of NJ spending 40% more on yearly supplies, stretching donations with 20% more clientele
Ukraine is pursuing war-crimes charges against leaders of major Western banks, an official said. The Zelenskyy advisor Oleg Ustenko earlier asked the banks to stop financing traders of Russian oil. Ustenko told CNBC on Tuesday that Ukraine was gathering data …
Ukrainian President Volodymyr Zelensky might be getting a little too big for his britches as he now intends to see major US and European banks prosecuted for ‘committing war crimes’ According to top Zelensky aide Oleg Ustenko, who spoke to …
by Chris Black “Fourteen of America’s 25 Biggest Campaign Donors Are Unions” https://www.nationalreview.com/corner/fourteen-americas-25-biggest-campaign-donors-are-unions-veronique-de-rugy/ Socialists want you to believe “big business” run the state. Yet the largest campaign contributors in the US are unions, who spent $2 billion on the 2020 …
by Boo_Randy More “victims” of crypto fraud and their own greed & gullibility. https://www.wsj.com/articles/they-thought-crypto-banks-were-safe-and-then-came-the-crash-11658568780 Crypto firms such as Celsius and Voyager pitched themselves as good alternatives to traditional lenders
by stylishskunk China is at the beginning of a 2008 US financial meltdown. I’m sure a lot of you won’t believe it because it’s been discussed for several months but nothing egregious has happened to the US financial markets indicating …
by Boo_Randy Wall Street rewarded see-no-evil Obama AG Eric Holder with a corner office and a do-nothing seven-figure job for his “services rendered” for ensuring that not a single bankster went to prison for causing the 2008 financial crash. A …
by Boo_Randy NYC banking houses funded Lenin’s Bolshevik revolution in Russia, and banksters and commies have always had a cozy relationship. Just look at the top donors for the Democratic Party. https://finance.yahoo.com/news/china-just-put-foreign-banks-204146449.html One of the world’s biggest banks, and Europe’s …
From 30th September 2022, AIB Bank will start to go cashless and convert branches, meaning you won’t be able to use cash anymore. ‘The bank said cash withdrawals, ATM, and cheque services would cease at the 70 branches, claiming it …
by AssuredlyAThrowAway This is because the Henan branch of the Bank of China declared that people’s savings in their branch are now ‘investment products’ and can’t be withdrawn. This is not the first time the government of China has deployed …
by BoatSurfer600
