James Turk: Banking crisis already worse than 2008 & it only just started… Mohamed El-Erian: Banking ‘cancer’ may be spreading as otherwise healthy firms seem vulnerable and credit gets pulled from the economy

Eye-opening chart of the #bank #crisis. Already worse than 2008 & it only just started. The #FederalReserve creates the illusions of #prosperity with low #InterestRates that creates the inevitable financial bust that results in an #economic bust or worse, a …

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France Pension Strike has started

Nothing here so far. Co-worker traveling in Paris says it started this morning. Now hotel is packed and full as people come in from rural areas apparently. The protests over pension reform in France are getting tense. Big clashes with …

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QT is dead! WallStreet has even started ‘front-running’ Fed

Why are people not listening? #QT is dead! https://t.co/RJ80HJolct — CrossBorder Capital/ GLIndexes (@crossbordercap) January 12, 2023 #WallStreet has even started 'front-running' #Fed #liquidity @JackFarley96 @johnauthers @rbrtrmstrng @ttmygh @profplum99 @FedGuy12 pic.twitter.com/TO9qNErFjU — CrossBorder Capital/ GLIndexes (@crossbordercap) January 13, 2023 Managed …

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The first Elon Apple war has started

by madicisulserio24 As we talk, enmities are about to start. Elon has been tweeting all day against Apple (hinting he has received secret pressures), Apple has just erased all of their tweets. It seems twitter is about to be removed …

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FTX files for Bankruptcy, founder started FTX 13 days after Biden said he was running and became megadonor

Press Release pic.twitter.com/rgxq3QSBqm — FTX (@FTX_Official) November 11, 2022 Probably means everyone’s money is going to be seized so they can reorganize. Straight from their own website: FTX is currently unable to process withdrawals. We strongly advise against depositing. https://ftx.com/intl …

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People have started buying stocks it seems

by GazBB All, “U.S. equity funds lure inflows for third straight week” https://www.investing.com/news/economy/us-equity-funds-lure-inflows-for-third-straight-week-2933035 Just saw this. Of course the amount of money is quite small compared to the size of the equity market but it does signal that we might …

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There’s a lot more Wealth Destruction to go. The liquidity squeeze is just getting started. Forward EPS for global stocks are coming down.

$80 Trillion – combined value of US Housing + Stock Market $25 Trillion – GDP There's a lot more Wealth Destruction to go. 📉 pic.twitter.com/zRDOtYgUzU — Nick Gerli (@nickgerli1) October 5, 2022 The liquidity squeeze is just getting started. https://t.co/aV56xztXKN …

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