credit
Best-selling author of Lehman crisis says credit warnings are piling up
via Lawrence McDonald on the Bear Trap Report: The Fed is promising $1T of quantitative tightening over the next 12 months? Who are they kidding?! Leverage finance markets are near frozen. Only two junk bonds have priced in May in the …
Beginning Signs of Credit Market Freeze; Assessing Fed Pain Point
Stress in the credit markets is rapidly building but is still below peak levels associated with prior Fed pivots on monetary policy. We think the pain trade therefore is not yet finished before global central banks, most notably the US …
Never seen a leverage like this on credit card.. the consumer is ‘super strong’… In 2020 insider sold the top and in april 2020 they bought the bottom.. now they did the same thing
Obviously higher wages > higher possibility to go leverage on credit card.. the FED has created an atomic bomb — Alessio (@AlessioTMAD) May 6, 2022 Very concerning. Consumption is going to increase through the summer – what happens if supplies …
Watch this video on the China Social Credit System. But of course, this will never happen here….
Not far away in EU…https://t.co/H80tYYpLPL — Hans Franz. (@hans3a) May 5, 2022
Equity market wont get really hurt until credit markets (high yield) demand more QE and Powell refuses. Junk is currently closed to new issuance. That suggests July we gets real. We are 7 times more leveraged than we were in 2008. Crisis to Crisis .
What did we learn today? 1. Fed days are invitations to squeeze the stupid short money, and 2. Equity market wont get really hurt until credit markets (high yield) demand more QE and Powell refuses. 3. Junk is currently closed …
Banks Face Default as Credit Losses and Recession Risks Build
Several major U.S. banks are facing rising default risks as investors worry credit losses, a Russian debt default, and a recession could cause a financial crisis. The Fed raised rates today increasing the chance of a recession.
The credit market is cracking – the CCC yield spread is increasing rapidly… and the Fed is only just tightening!! They won’t until demand destruction occurs
look at the credit market.. the CCC yield spread is increasing rapidly ahead of the hike,, is not buying the bounce of the market pic.twitter.com/WvsFy9T3y8 — Alessio (@AlessioTMAD) May 3, 2022 https://t.co/LtaE3BHOfA — Mac10 (@SuburbanDrone) May 3, 2022 https://twitter.com/WallStreetSilv/status/1521131871601577986 people …
Once again, credit leads equities – high yield has been leaking (wider spreads, higher yields, risk off) for weeks while stocks marched higher – listen to credit.
Once again, credit leads equities – high yield has been leaking (wider spreads, higher yields, risk off) for weeks while stocks marched higher – listen to credit. https://t.co/4cVbeIJFhj pic.twitter.com/EpUIJG7CU8 — Lawrence McDonald (@Convertbond) April 30, 2022 How #hedgefunds are positioned …
New Social Credit System In Italy Could Lead To ‘Serious Violations Of Rights’
Following Rome, the Italian city of Bologna recently announced plans to implement a pilot program for a social credit system, which will reward citizens for what they call “virtuous” behavior. The municipal administration, including the city’s mayor, Matteo Lepore, and …
Italy could become the first EU nation with a social credit score
The municipality of Bologna, Italy, is rolling out a soft social credit score in the Fall, the first of its kind in Europe. The municipal government is introducing a “smart citizen wallet” that can receive “digital points” based on whether …
Manufacturing Outlook and Credit Are Deteriorating
Manufacturing Outlook pic.twitter.com/z7xrDeNqqH — Win Smart, CFA (@WinfieldSmart) April 22, 2022 Credit deterioration @thedailyshot pic.twitter.com/MODF3aMpCk — Win Smart, CFA (@WinfieldSmart) April 22, 2022 CITI Economic Surprise Index (CESI) informs of economists estimates vs. realized economic outcomes on daily/weekly basis. Ex-Covid …
The Big Short 2? Subprime Credit-Driven Bubble Versus Fed Loose Policy Driven Bubble (Will The Fed Burst Yet Another Housing Bubble? Michael Burry Thinks Not)
by confoundedinterest17 The book and movie “The Big Short” revolved around the 2005-2007 housing bubble driven by lending to borrowers with subprime credit (and little or no underwriting). As we know, Bear Stearns, Lehman Brothers and other investment banks too …
17.2% REAL Inflation Causes Huge Surge In Credit Card Debt!
TOPICS AND TIMESTAMPS: Here We Go 0:00 Debt Up 0:45 Threat To Housing Market 5:18 Real Estate Pop 7:57 Tesla $4600 Target 12:28
Consumers are resorting to credit to fill the gap between the cost of living and incomes. Economic growth will slow sharply. We are likely not far from something “breaking” in the market.
Not surprisingly, as #Government #checks ran out and #inflation went up, #consumers are resorting to #credit to fill the gap between the cost of living and #incomes.#Economic growth will slow sharply this year. pic.twitter.com/5fGYaYkw3d — Lance Roberts (@LanceRoberts) April 8, …
Shocking Shocking Consumer Credit Numbers: Credit Card Debt Soars With Savings Long Gone
From Zero Hedge: While it is traditionally viewed as a B-grade indicator, the February consumer credit report from the Federal Reserve was an absolute stunner and confirmed what we have been saying for month: any excess savings accumulated by the …
Global liquidity (via the G5 credit impulse + US fiscal impulses) has eroded significantly over the last year
*Via the recent Chicago Fed NFCI (Aka liquidity index), US liquidity is drying up very quickly Note that >0 = tighter(vice versa) 2/3 major sub-indexes (credit + risk) have tightened sharply lately amid Fed taper + tightening Thus an illiquidity …
Credit. A mishap the Fed can’t address or won’t because of inflation
Credit. A mishap the Fed can’t address or won’t because of inflation https://t.co/XSusjAlKtU — Danielle DiMartino Booth (@DiMartinoBooth) March 29, 2022 It better be transitory 👇 (Morgan Stanley) pic.twitter.com/akSOjB1rGx — Michael A. Arouet (@MichaelAArouet) March 29, 2022 Conference Board consumer …
Slippery slope is a fallacy. Social Credit Score was debunkd. Climate change is real.
The Insanity Continues 🤡 A New Credit card, that Once you reach your Carbon Footprint limit, you can no longer purchase items ….Voluntary for now, but how long until it's Mandatory… Welcome to 1984 💣🔥👊 pic.twitter.com/nLnAwDptzY — Veritas Vox (@veritas__vox) …
Many sectors are bouncing but credit is not. The market can’t ignore it.
Many sectors are bouncing but credit is not The market can’t ignore it pic.twitter.com/AruOBRZZcl — Alessio (@AlessioTMAD) March 24, 2022 The #NASDAQ is up almost 13% from its low on March 14. Back then, few would have imagined that. pic.twitter.com/HjWBZzO9Ni …
Major Changes To How Medical Debt Is Reported On Credit Reports!
by JC1812 The three main consumer credit reporting agencies (Experian, Equifax & TransUnion) have agreed to make changes to how medical debt is reported on consumers credit reports according to WSJ. The changes are as follows and will go into …
Stocks are going nowhere but down according to credit…
https://twitter.com/RJRCapital/status/1502380125651881984 https://twitter.com/asymmetricalpha/status/1502378906002898946 Living legend. -87%$DIDI pic.twitter.com/YqS6Vfjk8s — The Market Dog (@TheMarketDog) March 11, 2022 Sign https://t.co/l9NaIeHAPK — Willem Middelkoop (@wmiddelkoop) March 11, 2022 Pandemic-era darlings of the stock market keep sinking. DocuSign has fallen 76% from its September 2021 peak, …
Credit Suisse revelations: The rot of global financial oligarchy and its banking system
The leak of 30,000 bank accounts belonging to Credit Suisse has revealed the enormous wealth of dictators, criminals, officials and business tycoons involved in torture, drug trafficking, money laundering, corruption and other serious crimes. It confirms the financial parasitism, fraud …
OCC Releases their credit report on 14/02/2022. Aaaaand suddenly … Russia. Smells like they’re trying to prop up gas prices so they can offset losses on CMBS.
by laflammaster https://www.occ.gov/publications-and-resources/publications/shared-national-credit-report/files/shared-national-credit-report-2021.pdf
Revealed: Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians…. Massive leak reveals secret owners of £80bn held in Swiss bank
Massive leak reveals secret owners of £80bn held in Swiss bank Whistleblower leaked bank’s data to expose ‘immoral’ secrecy laws Clients included human trafficker and billionaire who ordered girlfriend’s murder Vatican-owned account used to spend €350m in allegedly fraudulent investment …
Rents reach ‘insane’ levels with no end in sight… The credit impulse it is clearly moving downward…. The Fed has no choice
In the 50 largest U.S. metro areas, median rent rose an astounding 💣19.3% 💣from December 2020 to December 2021, according to a https://t.co/wXJ6ruWdLM analysis@CeciliaERouse @econjared46 @BrianDeeseNEC @drlisadcook @SBloomRaskin @steveliesman https://t.co/U55VVgvxvK — M/1_LP (@MI_Investments) February 21, 2022 Rents reach ‘insane’ levels …
Why Does Credit Suisse Still Exist?
BY JOHN RUBINO Most of today’s big banks are, at their core, criminal entities. But the Swiss banks — with their cultural history of providing anonymous storage for the world’s ill-gotten gains — are arguably the worst of all. Here’s a book …
AOC blames crime surge on child tax credit ending
New York Rep. Alexandria Ocasio-Cortez whined about her job and blamed the expiration of the expanded child tax credit for fueling crime in a new interview where she claimed that parents are stealing baby formula to feed their kids. The …
Lax IRS oversight leads to over $15B in questionable low-income housing tax credit claims
This week’s Golden Horseshoe is awarded to the IRS for a lack of oversight that led to $15.6 billion in questionable Low-Income Housing Tax Credits (LIHTC) on more than 68,000 claims, according to an audit report by the Treasury Inspector General for …