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 confoundedinterest17 The Challenger, Gray and Christmas job cuts report is out for March and it revealed a year-over-year (YoY) increase in US job cuts of 319%. That is the largest increase in job cuts for a non-recession month. In other words, …
First time home buyers face the least affordable market on record, per Bloomberg. pic.twitter.com/K8F6u5lA5L — unusual_whales (@unusual_whales) April 6, 2023 The bank stocks continue to sink. Regional banks (orange) are now at a new closing low since the bank failures …
The last 3 times ISM Manufacturing was this low, the US economy was in or about to be in a recession. You have to go back to 1995-96 to find a lower reading with no recession. pic.twitter.com/xQbgqxs1mi — Charlie Bilello …
By Egon von Greyerz Sadly, gold is now on its way to heights which are unthinkable for most people. To all the people who have asked me over the years why gold doesn’t go up, I have replied: “Don’t wish …
Bank of #Japan raises maximum amount of #bond purchases for next quarter https://t.co/ezHtR92GbW — GoldBroker (@Goldbroker_com) March 31, 2023 via Foxnews: In the aftermath of the Silicon Valley Bank collapse, finance expert Robert Kiyosaki cautioned the central bank of a global …
US Banks are seeing the largest drop in bank deposits since the Great Financial Crisis pic.twitter.com/l5OVEBKUXA — Cheddar Flow (@CheddarFlow) March 29, 2023 A 'Second Wave' Of Deposit Outflows Is Coming For The Banking Sector In a new note today, …
by: Belle Carter (Natural News) Precious metals analyst David Morgan, known as the Silver Guru, told the Health Ranger Mike Adams that investments in precious metals can make one “invincible” amid the impending financial collapse. During an episode of the …
JAPAN 10 YR BOND DIDN'T TRADE ALL DAY, THE FIRST TIME IN A MONTH. — FinancialJuice (@financialjuice) March 27, 2023 In a Nuclear blow to the UBS, the Western financial System is collapsing – Deutsche Bank on verge of bankruptcy. …
JUST IN – Treasury Secretary Yellen convenes U.S. financial regulators for an unscheduled meeting — Bloomberg — Disclose.tv (@disclosetv) March 24, 2023 Treasury Secretary Janet Yellen will convene the heads of top US financial regulators Friday morning for a previously …
by Dismal-Jellyfish Source: https://www.financialresearch.gov/the-ofr-blog/2023/03/22/digital-currency-may-increase-uousehold-welfare/ According to a recent working paper published by the Office of Financial Research, banking-sector stability may suffer, yet household welfare may improve should a digital currency be fully integrated into the financial system. In Digital Currency and Banking-Sector …
The US is going through a “textbook” financial crisis – and that means investors should expect sluggish returns for in the S&P 500 for a long time, according to billionaire investor Leon Cooperman. In an interview with Bloomberg on Monday, …
by kindred_asura In March 2008, the New York Federal Reserve provided an emergency loan to try to avert a sudden collapse of Bear Stearns. The company could not be saved, however, and was sold to JPMorgan Chase for $10 per share, a price far below its pre-crisis …
by laflammaster https://www.bloomberg.com/news/articles/2023-03-18/midsize-us-banks-ask-fdic-to-insure-all-deposits-for-two-years#xj4y7vzkg
By Egon von Greyerz The financial system is terminally broken, toast, kaput! Anyone who doesn’t see what is happening will soon lose a major part of their assets either through bank failure, currency debasement or the collapse of all bubble …
.@SecYellen has apparently pushed the SIBs to recycle some of the deposits they received from @firstrepublic back into FRB for 120 days. The result is that FRB default risk is now being spread to our largest banks. Spreading the risk …
Silicon Valley Bank’s parent company filed for bankruptcy after worry spread among its long-established customer base of tech startups, prompting regulators to seize the firm’s banking unit. SVB Financial Group listed assets and liabilities of as much as $10 billion …
by Martin Armstrong QUESTION #1: Marty, I think your warning about the collapse of leadership in government and the private sector rings true as Ken Griffin, the founder of hedge fund Citadel, said the rescue of Silicon Valley Bank shows the …
by Chris Black This is not a huge surprise for anyone really. The usual suspects led by Bob Mendez and Elizabeth Warren, are calling on the departments of the Treasury and Justice to take action after credit card companies’ refusal …
That’s so they can freeze the bank accounts of every American on the day that Americans of the Wrong Type decide they want to protest whatever Progressive regime is in power. Much like what Trudeau did in Canada. via realclearpolitics: …
by: Ethan Huff (Natural News) If you think the banking collapse will end with Silicon Valley Bank (SVB), think again. Contagion is already spreading as Americans are waking up to the fact that the American financial system is a fraudulent Ponzi …
The bank’s ‘weakness’ was in its capability to design and maintain effective risk assessments in its financial statements, the report stated. The bank admitted in the report that ‘the group’s internal control over financial reporting was not effective’ and ‘management …
By Graham Summers, MBA Stocks are bouncing this morning on announcements that the Feds will backstop ALL of the deposits at the now bankrupt Silicon Valley Financial Group (SIVB) AKA Silicon Valley bank. This is a massive mistake. The banking system …
by Quant2011 Its unlikely people in Tokyo, Berlin or Beijing work less or create less advanced products or services in real economy. If you can name any other prime factor why housing is the most expensive n HK/SG/NY/London – i’m …
by BoatSurfer600 Analysts say the US housing market will avoid a 2008-style crash and prices will only drop by 5% in 2023 Car loan payments push Americans ‘closer to the financial edge’ with severe delinquency rate the highest in 17 …
Someone needs to teach financial literacy to the US government — Dividend Hero (@HeroDividend) March 2, 2023 By the way, this individual graduated from Harvard. I think there are about 40 Harvard graduates in the House. — Thomas Massie (@RepThomasMassie) …
from reuters: Blackstone Inc (BX.N) has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Sponda Oy, Bloomberg News reported on Thursday. “This debt relates to a small portion of the …
by jessefelder We have already seen an inordinate amount of outright fraud this cycle (see this and this) that has, so far, proven to be a terrific indicator of where we stand in the larger market cycle. Today, Bloomberg reports that earnings quality for the …
by Simon Black https://traffic.libsyn.com/sovman/20230217_poddcast.mp3 There’s hardly anything that POTUS loves to brag about more than his ‘economic success’. He is, after all, a self-proclaimed “capitalist”. Even in last week’s State of the Union address, he boldly claimed that he “cut the …