Ok, this week we are back to Jamie being depressed.
“Worse than recession” … is the D word forbidden? pic.twitter.com/WytPagCBzX
— Wall Street Silver (@WallStreetSilv) August 15, 2022
The overnight rate is the interest rate at which a depository institution (generally banks) lends or borrows funds from another depository institution in the overnight market. In many countries, the overnight rate is the interest rate the central bank sets to target monetary policy.
It’s a liquidity problem. Soon banks won’t trust other banks to repay, and then shit freezes up. It happened before, remember?
Chart of the Day: pic.twitter.com/cHykKbiG0e
— Special Situations (@Fred_McFeely) August 16, 2022
— Ilia Sakowski, MBA (@IliaSakowski) August 16, 2022
63% of Americans surveyed by Consumer Affairs say they want a housing crash.
— unusual_whales (@unusual_whales) August 16, 2022
FITCH RATINGS: A SEVERE US HOUSING DOWNTURN IS POSSIBLE, BUT NOT YET PROBABLE.
— Breaking Market News ⚡️ (@financialjuice) August 16, 2022
*Redfin: About 63,000 Home-Purchase Agreements Called Off in July, Equal to 16% of Homes Under Contract That Month
— *Walter Bloomberg (@DeItaone) August 16, 2022
🎯h/t @EPBResearch Sets the record straight for how important housing is to the economy &, why we’re headed into rough seas on the recession from in the U.S. 👇Great, straightforward explanations. t.co/kVbrUpBCDk
— bob gonzales (@BobgonzaleBob) August 16, 2022
— Ian McMillan, CMT (@the_chart_life) August 16, 2022