What cracks first, auto lending or houses?

by Nimble_Centipeder Caption: Eventually, negative cash flow matters. Properties are selling at prices where they need 50% down to break even on PITI. Million dollar houses that can get $3,500/month rents. https://calculatedrisk.substack.com/p/real-house-prices-price-to-rent-ratio-020?s=r Caption: How much is a truck worth when …

READ MORE

China’s property developers face bond payments worth $19.8 billion in the first quarter of 2022

https://www.asiafinancial.com/china-evergrande-debt-crisis-five-developers-on-the-brink This year is likely to witness the collapse of more Chinese property firms as the China Evergrande debt crisis rumbles on. Tight funding access, falling sales and rising debt repayment pressures continue to intensify an unprecedented liquidity crunch for …

READ MORE

Socialist Sandy flies first class…

It’s a class act. Socialist Rep. Alexandria Ocasio-Cortez ditched the commoners in coach and cozied up to elites in first class on an American Airlines flight, avoiding the left wing altogether for a spacious seat closer to the cockpit after …

READ MORE

Gamblers are now entering the no bailout zone for the first time in decades. RISK OFF is no longer an option.

https://twitter.com/WallStreetSilv/status/1495503500360527872 The pandemic breadth rally lasted one year. NYSE highs-lows have been declining for the past year. Gamblers are now entering the no bailout zone for the first time in decades. pic.twitter.com/W4hgwQ2uSb — Mac10 (@SuburbanDrone) February 20, 2022 The S&P …

READ MORE

‘With the Fed hiking into a richly valued market, a “rates shock” will hit first, followed by a “recession panic” as growth expectations slow.’

'With the Fed hiking into a richly valued market, a "rates shock" will hit first, followed by a "recession panic" as growth expectations slow.' https://t.co/jbKJeKNt7v pic.twitter.com/UUYySPAeq0 — Jesse Felder (@jessefelder) January 24, 2022 Interest-rate markets remain resolute in anticipating that …

READ MORE

Goldman: Dealers are short index gamma for the first time since March 2020… Sentiment changing, put buying at 5 year highs on Friday

#Options #OptionsTrading #Gammahttps://t.co/ISJxOAbLgf — Invariant Perspective (@InvariantPersp1) January 24, 2022 $spx margin debt 👀👀👇👇 pic.twitter.com/CQcPKd9mAz — Álvaro Oviedo (@alvoviedo) January 23, 2022 https://twitter.com/burningplat/status/1485416659007463425 MORGAN STANLEY: “.. attention should now turn to .. slowing growth .. good for fighting inflation but …

READ MORE

Germany’s 10-year Bond Yield Rises Above 0% For First Time Since May 2019; U.K. Inflation Surprises With Jump to Highest in 30 Years. Wage Hikes Zeroed by Inflation

https://twitter.com/PriapusIQ/status/1483697971728429060 https://twitter.com/WifeyAlpha/status/1483777562002214912 UK Wage Hikes Zeroed by Inflation Inflation has nullified increases to wages in Britain last year, with workers experiencing a decline in pay in real terms in November, the Office for National Statistics (ONS) revealed on Tuesday. The …

READ MORE

Deputy FM of Russia Ryabkov says if Russian demands will not be addressed, the first meeting on security with U.S. will be the last

Ryabkov to meet Wendy Sherman this evening at working dinner, and at official Strategic Stability Dialogue tomorrow https://t.co/wH3rGWPe6e — Liveuamap (@Liveuamap) January 9, 2022 – Security issue should to be resolved on the terms announced by Moscow pic.twitter.com/qR0QHqwtMX — Liveuamap …

READ MORE