by bitkogan Friends, hello everyone! It’s been just over a month since the Silicon Valley Bank bankruptcy, but the much feared Armageddon in the US financial system has not occurred. Good golly, who on earth could have imagined? Where is …
So it begins… https://t.co/d667M4i7OZ — Financelot (@FinanceLancelot) April 24, 2023 First Republic is imploding after hours due to a larger than expected drawdown in deposits.https://t.co/j2WbGDKthG Now a 95% chance of Fed hike next week. Bulls, do you still think rate …
Mayor Eric Adams raged on Friday that the ongoing surge of migrants into the Big Apple has “destroyed” the city — as he delivered his most impassioned plea yet to the Biden administration for help dealing with the flow of …
The foundations of our society are shaky. And the fact that entire generations are about to find out that they will never be able to retire comfortably is going to change our labor market, our collective mindset, and our economy, …
https://twitter.com/_/status/1648847259088617472 Biden has lost track of 90K kids. pic.twitter.com/wxRuyX6SKT — D. Scott @eclipsethis2003 (@eclipsethis2003) April 20, 2023 h/t MonkeyWrangler
https://www.youtube.com/watch?v=YcO4uzSwkko
This smacks of a one world government protocol. Brief Over view: New UN document calls for the UN Secretary General to become de facto dictator of the world in the event of any situation deemed to be a "crisis". Full …
New signs of stress in the ballooning trillion-dollar U.S. auto market are pointing to an impending collapse as storm clouds continue to gather in the economic and financial landscape. Serious delinquencies in auto loans — defined as behind on payments …
US Credit Conditions to Weaken to Post-Pandemic Low, Banks Say Bank economists see tighter credit for businesses, consumers Survey was taken after recent banking stress, trade group says IMF chief economist: “below the surface…turbulence is building, and the situation …
by confoundedinterest17 We have a seemingly never ending financial crisis. US commercial banks deposits (red line) had been slowly declining even before Silicon Valley Bank failed. Along with Signature Bank and First Republic Bank, not to mention Credit Suisse. And …
Credit 💳 Card Delinquency pic.twitter.com/HZkNQCMpXt — Win Smart, CFA (@WinfieldSmart) April 6, 2023 Demand downturn is now the dominant reason for US layoffs. Source: @LPL pic.twitter.com/sGMVl6lfiv — (((The Daily Shot))) (@SoberLook) April 7, 2023 JPMORGAN CEO DIMON: PEOPLE SHOULD BE …
The unregulated world of shadow banking may contribute to the next financial crisis – which could be more severe than what occurred in 2008. Get insights into shadow banking and why it should be on your radar screen. The collapse …
by Martin Armstrong COMMENT: Hi Martin, I live in a commute in Munich in a nice neighborhood, I pay around 700 EUR rent for the smallest room, but we have a garden – and live with a few Ukrainians. They are …
By Matthew Piepenburg In this 30-minute conversation with Elijah Johnson of Liberty Finance, Matterhorn Asset Management principal, Matthew Piepenburg, addresses the escalating ripple effects of the U.S. banking crisis and the growing distrust of gasping bond markets, cornered policy makers …
by confoundedinterest17 JPMorgan Chase’s Jaime Dimon is channeling country crooners Marty Stuart and Travis Tritt by warbling “This One’s Gonna Hurt You (For A Long, Long Time).” Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal …
Flight to Money Funds Is Adding to the Strains on Small Banks Silicon Valley Bank’s collapse has caused savers to seek out alternatives, but the shift poses risks to the financial system and the wider economy. via YAHOO: (Bloomberg) — …
by Michael If our banking system can’t find a way to turn things around, our entire economy will soon be in a world of hurt. When banks get into trouble, they start getting really tight with their money. That means …
by Lance Roberts As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something was breaking. As noted recently in “Not QE,” “Last week, amid a rash of bank insolvencies, government agencies took action to stem a …
Guest Post by Chris at Neptune Global: Silicon Valley Bank, Signature Bank, Credit Suisse, First Republic, and now Deutsche Bank; the list grows longer and soon it will be too bothersome to list them all. Right now the focus is …
HONEST QUESTION: Many expect the Fed's interest rate hikes to "break something important", forcing a policy pivot The market expects the Fed to pivot by June, cutting rates thru the year (see chart) So if a crisis bad enough to …
https://finance.yahoo.com/news/us-economy-faces-a-surprise-risk-as-markets-grapple-with-bank-crisis-morning-brief-093027400.html https://financialpost.com/pmn/business-pmn/yellen-says-u-s-bank-rules-may-be-too-loose-need-re-examination
by Simon Black Practically on cue, politicians began their public hearings yesterday about the recent banking crisis. This was so predictable; every time there’s a major crisis, Congressmen book a committee meeting to express their shock and outrage. They pass new …
Frank Stronach, founder of one of Canada’s largest global companies, says the country is “fairly close” to a public debt crisis and Canadians need to force politicians to rein in spending. When asked how close Canada was to a debt …
By Graham Summers, MBA Something doesn’t add up. The Fed and Treasury keep telling us everything is fine… but the Fed has just expanded its balance sheet by $400+ billion in the span of two weeks. We haven’t seen money …
U.S. banks borrowed $475 billion last week, but look at the breakdown: – Large Banks: +$250B– Small Banks: +$250B– Foreign-Related Banks: +$25B Small banks borrowed the same amount as large banks. Relative to their size small banks borrowed TWICE as …
by confoundedinterest17 Janet, are you kidding? As The Fed attempts to fight inflation, rates are rising. Consequently, deposits are all commercial banks are falling. The Fed just released its weekly commercial bank data dump showing deposit inflows/outflows. Two things to note: …
Originally posted on inflationeducation.net: The 2nd and 3rd biggest US bank failures of all time just happened, and there’s more fireworks to come. This is the predictable result of our centrally managed economy, where the Fed suppresses interest rates causing wild speculation, …
The car market crisis is far more complex than people realize. With car prices crashing down, some would assume that the cost of auto payments would go down too, but the exact opposite is happening right now. Buyers are seeing …
