by Adam Taggart I didn’t have room in the above article for this chart, but it’s one that has stuck with me since I saw it when first published in 2015. Very few professionals left on Wall Street have any meaningful …
. High exposure to sovereign debt (between 10 and 20% of total assets) . Lingering non-performing Loans (c€1 trillion) . ROIC below WACC . Poor ROTE The Problems of Eurozone Banks Go Far Beyond ECB's Low Rates: . High exposure …
got to hike until something breaks — and have rates up b4 next recession to then slam it down pic.twitter.com/vhqY7RR2sv — Alastair (@StockBoardAsset) June 11, 2018 https://twitter.com/OccupyWisdom/status/1006045092799533056 Consumer loan rates have diverged, with credit cards outpacing other types of debt …
Hopefully some of you are seeing some of these savings. Unfortunately, I live in an area controlled by entitled libtards so they continue to raise taxes on the poor and middle class. Looks like the MAGA agenda will lead Trump …
via UPFINA: Witness the charts below that show how the current statistical “recovery”, benefiting the very few by inflating the price of risk assets, has come at the expense of the very many. Almost nobody is a mental health facility …
BY JARED DILLIAN I’ve said this many times. When rates go up sharply, stuff blows up because lots of people are negatively exposed to higher rates. Households, corporations, and governments are all negatively exposed to higher rates—in different degrees. Back in 1994, …
Josh Sigurdson talks with author and economic analyst John Sneisen about the risks the Canadian housing market are seeing as the bubble continues to gain pressure all while interest rates rise. Prices have been rising dramatically in many local housing …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The trend is becoming clear. Blame surging home prices that have outrun wage increases for years, mortgage rates that have risen to the highest level since 2011, the massive affordability issues that come with those factors, …
via Palisade Research: When interest rates on credit card debt get raised, the default aftershock isn’t felt immediately. It takes a few cycles of debt compounding on compounded debt for the final coffin nails to get pounded into a strapped …
by OT UK Gov thinks music videos with violent scenes are to blame for rising crime rates, so in the continuing of even more censorship, tells YouTube, who obliges, in pulling 30 Music videos mostly from the Chicago Drill Genre. …
https://www.youtube.com/watch?v=ulIzyWZSFrI
via Kathy Orton Mortgage rates continued their upward march this week, extending the most prolonged increase in rates in 46 years. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 4.66 percent with an …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The impact on homebuyers and the market, in dollars and cents. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment jumped to 4.86% for the week …
Wall St. For Main St., Released on 5/20/18 Jason Burack of Wall St for Main St interviewed returning guest, former successful software entrepreneur, hedge fund manager and host of the popular Macro Voices https://www.macrovoices.com/ podcast for financial professionals & sophisticated investors, Erik …
Where does renowned financial and geopolitical analyst Martin Armstrong see big trouble brewing? Look no further than the bond market. Armstrong explains, “The bond market is going down. . . . We’ve already started into it. . . .You have …
via Tom Bowley yesterday. The 10 year treasury yield ($TNX) closed at 3.08%, its highest close in the past 7 years. It’s very significant in my view because it’s occurred after a double bottom printed and it sure seems to be giving us …
via GainsPainCapital It’s a good thing that the BLS ignores things like the recent rise in real estate and gas prices when it generates its official inflation numbers… Why? Because if the BLS didn’t do this we might actually see …
via livescience: The number of babies being born in the United States continues to fall, with the birth rate reaching a new record low in 2017, according to a new report from the Centers for Disease Control and Prevention. Last year, …
https://twitter.com/clivemaund/status/996904044307329025?s=11 This chart, which is of a long T-bond proxy. It looks like it is on the point of breaking down from a giant head-&-shoulders top. If it does interest rates will soar…. Too many canaries to ignoreh/t @Nordea pic.twitter.com/4OD1RRPgxW …
The average contract rate on the 30-year fixed will likely end the day as high as 4.875 percent for the highest creditworthy borrowers and 5 percent for the average borrower. Tuesday’s move follows positive economic data in retail sales, suggesting that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But no blood in the streets. Just a rate-hike cycle at work. Today the US Treasury 10-year yield broke out of its recent range and surged 8 basis points to 3.08% at the close, the highest …
via The Gold Telegraph: Paying an out and out penalty for saving your money. In Europe, negative interest rates have been used to attempt to kickstart inflation and to get banks to lend out money; if they have to actively …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Fed has left the room. Now banks are sending me expensive fliers in the mail, offering higher rates on deposits, trying to attract my money. This goes way beyond the fliers I’ve been getting for …
From Birch Gold Group As the “Big Correction” continues, there are going to be a couple of big lessons to learn from when it comes to the U.S. economy… One of them will be what happens when you use solutions like …
From Birch Gold Group You can expect rising inflation and rates to be a topic of conversation for the remainder of this year, and through 2019 according to experts. A recent CNBC Fed Survey shows about half of the experts responding believed there …
by John Rubino Birth rates are plunging almost everywhere. The first chart below shows that even notoriously populous China and India have entered the same reproductive neighborhood as the US and are not that far from the assisted living center …
via UPFINA: The economy is seeing a modest pickup in inflation even as GDP growth slowed to 2.3% in Q1 of 2018. That puts the Fed in a difficult position as it balances the dual mandate of having stables prices …
by Lance Roberts Just recently, I was accused of “quietly abandoning” my belief that rates are ultimately headed toward zero. Nothing could be further from the case particularly as the recent rise in rates is accelerating my base case. The chart below, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The average interest rate for 30-year fixed-rate mortgages with conforming loan balances – $453,000 or less – and a 20% down-payment jumped to 4.73% for the week ending April 20, from 4.66% in the prior week, …
by Kimble Charting CLICK ON CHART TO ENLARGE Interest rates have been falling for nearly three decades. Could the trend of lower rates be over? A big test to this trend is in play right now! Above looks at 10 & …