by Simian_Stacker If it wasn’t for the Fed’s incessant massive injections of Yellen Bux liquidity, we’d already be looking at another 2008-style Great Financial Crisis, but far worse. It's a misconception that the banking crisis is over. The 2 credit …
New term: CDG Bomb https://t.co/rWOvE3v0HR — Car Dealership Guy (@GuyDealership) May 26, 2023 h/t Simian_Stacker
by scott_jr The April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) is reporting tighter lending standards for CRE and RRE. What this means is less liquidity in the country overall, especially small businesses and regards with …
Bank Lending Survey shows another big weakening in loan dynamics. Demand for loans from enterprises took a big tumble, -38%, after -12% in Q4 2022, way stronger than banks expected and the biggest drop since the GFC. h/t …
via Bloomberg: US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy. Commercial bank lending …
US authorities are now weighing an expansion of an emergency lending facility which could help boost First Republic bank after its stock plunged more than 90% this month amid the banking crisis. Earlier this month customers lined up at a …
pic.twitter.com/6S81mj7XER — Lyn Alden (@LynAldenContact) December 8, 2022 https://twitter.com/WallStreetSilv/status/1600938685876572161 Nearly 70% of Americans struggling to pay grocery bills, per Fox Business News. — unusual_whales (@unusual_whales) December 9, 2022 The APR on the average credit card just hit a record 19.40% …
When starting a small business, you need funding. Funding to purchase equipment, funding for inventory, funding for cash flow, and anything else you might need cash for. For many of your borrowing needs, an online lender might be more appropriate. …
by confoundedinterest17 The midterm elections are now over, so let’s go back and look at economic news, rather than listening to election hysteria. The net percentage of domestic banks tightening standards for small, large, and middle-market firms is tending towards recession. …
by confoundedinterest17 One of my friends on Wall Street wrote my yesterday claiming “The 10-year Treasury yield is set to crash. Brace for impact!” Then I logged into Bloomberg this AM and saw the 10-year Treasury yield up almost 10 basis …
New York (CNN Business)In the last few months, Yumekia Jones, a legal assistant at the Mississippi Center for Justice’s Indianola office, has fielded an unusually high number of calls — a roughly 400% spike — from people in dire need …
Bank lending standards have been tightening as margin widen across the board. HY spread should follow 👇 pic.twitter.com/KA8sAI351z — Menthor Q (@MenthorQpro) June 6, 2022 Consumers Loans > Personal Savings for the first time since 2008 pic.twitter.com/GR5ZCTyDIr — Enron Musk …
by VernonnonreV Our home values are over inflated and millions are refinancing to cash out this new value. When home prices stabilize – millions will be upside-down, again. Disaster. all signs point to another disastrous mortgage crash. Photo from https://www.freddiemac.com/research/insight/20211029-refinance-trends Some …
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 …
by Shaun Richards Today we can shift focus to the Bank of England and the UK economy as we look at the latest monetary data. First we can reflect on this one of its policymakers on Friday. “To me, the …
by laflammaster https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20220126.pdf They’re increasing liquidity of the SOMC market by allowing this. Seems that they know banks are in deep shit (maybe a result of swaps data release?). Liquidity gives them another day to stay afloat.
Fintech is a fusion between finance and technology. The term is used to describe the expansion of financial services to include technological solutions for banking, lending, investing, and other related activities. Let’s have a look at how Fintech will be …
Holding onto crypto assets is risky, but some companies increase the risk by allowing people to lend their coins. Companies like Celsius offer yields of over 6% for these loans. With no govt regulation, this lending is as risky as …
by confoundedinterest17 There is a slowdown in bank lending since The Fed’s intervention in March 2020. Bank credit has slowed since March 2021 resulting in banks parking money with The Federal Reserve in the form of reverse repos. Loans and leases are experiencing …
https://youtu.be/IviMNUXFMwI Taken from: AMC Stock – The FEDS are DONE with Hedgie Games. End game is coming. https://www.youtube.com/watch?v=pNWu2… h/t Stephanie Shepard
by Shaun Richards Today brings us up to date with what is now a year of the Bank of England going what can be called all in on monetary policy. We have seen its Bank Rate cut to 0.1% and …
If the banks have restructured such that debt risk has been placed in the hands of (debt) holders rather then the banks why are the banks involved at all? This is almost identical to the attitude that yielded the 2007 …
by confoundedinterest This week, Turkey further roiled markets by preventing foreign banks from accessing the liras they need to close out their swap positions. That’s made it almost impossible for bankers to short the lira or exit carry trades, and forced the overnight lira …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But deposit-taking banks have pulled back. Lovingly known as “shadow banks,” nonbanks have come to dominate the mortgage market. And they originate the riskiest mortgages. The government — mostly the Federal Housing Administration (FHA) — is …
by WARREN MOSLER Chinese state company defaults offshore, first time in 20 years (FT) A Chinese state-owned enterprise from the country’s remote north-west has failed to repay a US dollar bond in Hong Kong, the first offshore default in 20 years and the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What banks & housing markets in Sydney and Melbourne are facing in 2019. As investors are fleeing Australia’s housing bust, sales of new houses have plunged to record lows, and home prices in the Sydney and Melbourne metros have …
