First Republic is very likely the first bank the Fed’s are going to allow to fail. Deja vu of Lehman…. But the market is partying like it’s 1999.

As expected, First Republic is very likely the first bank the Fed's are going to allow to fail. Deja vu of Lehman.https://t.co/KcY8gJk4aU"Regulators are weighing downgrading First Republic Bank, which could lead to curbs on borrowing from the Fed" pic.twitter.com/Aq8oet81FH — …

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Recession Highly Likely

by uslvdslv Top Graph: Over the past +50 years, inversions of the 50 day SMA of the 10 year treasury rates minus the 50 day SMA of the 3 month treasury rates have all preceded the start of a U.S. recession …

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ABC News: “A ‘red mirage,’ or an artificial GOP vote lead, will likely reoccur Tuesday.”… CNN Panelist: Bad Tuesday for dems

A "red mirage," or an artificial GOP vote lead, will likely reoccur Tuesday. https://t.co/tagIbNJscC — ABC News (@ABC) November 7, 2022 CNN Panelist: Bad Tuesday for Dems Democratic strategist and CNN political commentator Hilary Rosen said Sunday that she was “not …

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Next US Inflation Report After Midterm Elections Likely To Remain High (Projection For Headline Inflation = 7.9%, Core Inflation = 6.5%) As Diesel Prices UP 102% Under Biden And Inflation UP 486%

by confoundedinterest17 The US midterm elections are Tuesday. I was denied an absentee ballot for some reason, but I will get my disabled body over to the local precinct to cast my ballot. Fortunately for Democrats, the next inflation report is …

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German inflation jumps to 10%! ECB most likely to hike more and faster!

by ThinkBigger01 https://www.reuters.com/markets/europe/german-annual-inflation-rate-10-september-business-insider-citing-govt-sources-2022-09-29/ https://www.investing.com/economic-calendar/german-cpi-737 German CPI inflation jumped to a whopping 10.0% in september (from 7.9% last month). Tomorrow we’ll get Eurozone inflation which most likely will also come out much higher. Expect more pressure on ECB and Lagarde to hike alot …

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Federal Reserve Alert! U.S. economy likely to slow further, Fed’s Beige Book finds. Most business respondents “expected price pressures to persist at least through the end of the year.”

via federalreserve.gov: Labor Markets Employment rose at a modest to moderate pace in most Districts. Overall labor market conditions remained tight, although nearly all Districts highlighted some improvement in labor availability, particularly among manufacturing, construction, and financial services contacts. Moreover, employers …

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