By Egon von Greyerz Bill Hwang, the founder of the hedge fund Archegos that just lost $30 billion, probably didn’t realise when he named his company that it was predestined for big things. Archegos is a Greek word which means leader …
by financialsense In light of the recent blowout economic numbers, here are some key highlights from our weekly investment video update, Get Ready for Market and Economic Surprises, on what investors should expect in the months ahead. Peak in Rates? The …
h/t Available-Hold9724
NEW YORK (WPIX) — Police on Tuesday arrested two former employees of the New York City Medical Examiner’s Office on allegations they stole credit cards from multiple bodies in the city’s custody and charged thousands in unauthorized purchases, according to …
https://www.bloomberg.com/news/articles/2021-03-29/credit-suisse-flags-potential-significant-loss-from-hedge-fund The article is linked above, we should dig more into this as news comes out and find out the exact causes. Apparently 20B in shares had to be sold, that just doesn’t happen left and right. This is …
As Democrat lockdown governors Gavin Newsom and Andrew Cuomo struggle like drowning mice to lead their states out of ‘science’-based pandemic restrictions while embroiled in political scandals, Florida Governor Ron DeSantis ® — who notably did not lock down his …
by GooeyZeus https://www.creditkarma.com/tax Just finished up my taxes. Would highly recommend. It was super easy despite having retirement, investment, self-employment, and regular income to file. EDIT: Just wanted to summarize some of the comments. Apparently, Credit Karma Tax isn’t free …
Using credit cards stimulates the brain’s reward system and an urge for further spending, according to a recent study from MIT that examined the neuroscience of buying things. Credit card shopping tells us to “step on the gas” and leads to more …
China’s totalitarian “social credit system,” which rates the quality of an individual’s citizenship based on everything from their financial credit rating to how fervently they embrace Communist Party dogma, will now determine who gets to board subway trains first. “Bad” …
Capital One CEO sees ‘degradation’ in customer credit quality Fairbank also questions whether credit reports are misleading Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven …
from Zero Hedge Argentina’s credit and FX markets are crashing for a second day, signaling an implied probability-of-default gauge over 60%, as investors rapidly lose faith that President Macri will fend off his populist foes and win re-election this year. In comments, Macri admitted …
by confoundedinterest The bad news? The credit impulses (annual change as a percentage of GDP) for both the USA and China are negative. The good news? The decline in China’s credit impulse is lessening. If we throw the Eurozone into the …
by confoundedinterest The Dodd-Frank Wall Street legislation was signed into law back in 2010 by then President Obama. The legislation to limit banks from trading for their own accounts has generated its own conflict: what is the optimal level of transparency? (Bloomberg) …
via independent.org: Writing at City Journal, Steven Malanga hones in on 10 state governments that have chronic overspending problems. Since 2003, ten states, like impulse buyers wandering through a mall on Black Friday, have repeatedly run deficits, spending more than they generate in …
by WARREN MOSLER So the question is regarding dividends vs stock buy backs- do stock buy backs cause stocks to be over valued or do dividends cause them to be undervalued? 😉 A Surprising Connection Between the Bull Market and …
We’re All Being Judged By A Secret “Trustworthiness” Score Nearly everything we buy, how we buy, and where we’re buying from is secretly fed into AI-powered verification services that help companies guard against credit-card and other forms of fraud, according to the …
This article was written by Mac Slavo and originally published at SHTFplan.com American consumers continue to spend money they don’t have by borrowing it. As the problems in the economy compound, the rising levels of consumer credit card debt could make …
“…its main goal is to improve governance and market order in a country still beset by rampant fraud and counterfeiting.” Almost sounds like something we could use to keep the demokkkrat party in line… https://news.cgtn.com/news/3d3d674d3259444f33457a6333566d54/index.html The Chinese government is …
by Shaun Richards Travel broadens the mind so they say so let us tale a trip to the sub-continent and to India in particular. There the Reserve Bank of India has announced this. On the basis of an assessment of …
by sting2018 So I work in car sales (yes bash me go ahead) BUT I wanted to share something. Recently we partnered with a credit union that provides pretty decent rates, actually very low rates. However they bundle credit life …
via Zerohedge: With investor attention increasingly focusing on what most believe will be the catalyst for the next financial crisis, namely a tsunami in corporate defaults as a result of the disastrous combination of record leverage, higher rates and an …
by Marin Katusa In 2015, a 16-year-old student from Jiangsu, China, tried to board a train. She couldn’t even purchase a ticket. The student, Zhong Pei, tried enrolling in classes at her university. But she was not allowed to do that …
credit driven event underway spreading into higher equity vol pic.twitter.com/xcxmsjkjyI — Alastair (@StockBoardAsset) March 28, 2019 https://twitter.com/farrisbaba/status/1110738827868602369 https://twitter.com/MehulD108/status/1111217141699760129 global 40ft container rates continue to collapse pic.twitter.com/h6JYAFUVMQ — Alastair (@StockBoardAsset) March 27, 2019 One of the world’s leading authorities on Asia …
by jakfrist Since the summary table is all anyone cares about, here it is up front. I apologize in advance if any of this is incorrect, I aggregated it by hand in Excel Issuer Card Name Card Reward Level …
by yes_its_him Inspired by the recent really-big table of credit card rewards, I want to start a discussion about how you can obtain a superior level of organic return on credit card spending, and why that can be better …
Cracks are showing in Southeast Asia’s credit markets as struggling companies in troubled industries seek to repair their balance sheets, according to Rajah & Tann Singapore LLP, which manages the largest network of corporate lawyers in the region. The law …
by Josh Sigurdson of World Alternative Media Josh Sigurdson reports on the massive credit card debt American families are facing across the board and highlights the top ten cities where families face the MOST debt. The top three are Dix Hills, New York, …
by kit8642 https://youtu.be/rU-IKwDquDg Credit Karma’s new ads are quite telling, especially when you consider that google has been the main funder of it. In March 2014, Credit Karma raised $85 million in Series C financing, led by Google Capital with …
