FDIC chose BlackRock to handle securities portfolios worth $27 billion and $87 billion from recently failed banks Silicon Valley Bank and Signature Valley Bank. Similar to how in 2008 the US government chose BlackRock to handle toxic assets from Bear …
Joe Biden has just appointed scientist Kim Cobb to the Intelligence Advisory Board. Cobb makes frequent media appearances and is touted as an expert on climate change. She also apparently suffers from Trump Derangement Syndrome. After Trump’s 2016 victory, she …
So basically, no one can afford to finance cars anymore 😵💫 Carvana’s auto financing volume fell *24%* in Oct and marked the 6th straight month of declines. (via Auto Finance News) — Car Dealership Guy (@GuyDealership) December 3, 2022 h/t …
NOW TETHER IS THE ONLY LARGE FRAUD LEFT IN CRYPTO $USDT — GURGAVIN (@gurgavin) November 10, 2022 Crypto markets face weeks of deleveraging in the fallout from the crisis at digital-asset exchange FTX.com. A “cascade of margin calls” is likely …
by Michael This holiday season is certainly going to be far less jolly for millions of Americans. Yesterday, I detailed 11 signs that economic activity in the U.S. is rapidly declining. Well, today we have gotten even more bad news. Thanks to …
by Boo_Randy Relentless climb in yields. pic.twitter.com/bVIgIQB8e0 — Brian G ☀️ (@alphacharts) September 14, 2022 Uh Oh … Inventory data and mortgage rates are suggesting a serious drop in the housing market Is Fed going to raise rates next week …
BY JOHN RUBINO Today’s inflation report was, by any measure, horrific. 7% in a country where 2% was, until recently, the upper end of the government’s target range, pretty much guarantees some kind of aggressive response from the Fed (or the bond or …
Panic sets in when delinquencies rise too high. Just like in 2007 with subprime, it doesn’t take an extremely high percentage either. Just enough to break the derivatives. Look at how many people simply look at the percentage (which is …
by David Morgan from The Morgan Report U.S. Consumers Are Tapped Out – https://www.themorganreport.com. Look around you… U.S. Consumers Are Tapped Out. Watch our weekly perspective to see why U.S. Consumers Are Tapped Out. The Great Depression fundamentally changed attitudes about spending and saving. …
Market Keeps Rallying on Regurgitated News – The Dow Jones started off the final day of the week with a pretty strong rally; we were up a little better than 200 points earlier in the day. Then we got some …
Wall St. For Main St., Released on 1/29/19 Jason talks about the new data from Caterpillar, Apple, ratio of “present situation” to “expectations” from the Conference Board confidence report and also what GameStop said about credit for LBOs.
by stockboardasset While President Trump pedals the notion that the economy is the “greatest economy in HISTORY,” WalletHub noticed a considerable amount of Americans repaid $40.3 billion in credit card debt during the first quarter of 2018 — the second-largest quarterly …