Banks & Black Gold Bounce As Bonds & Bullion Breakdown Ahead Of Fed
Banks & Black Gold Bounce As Bonds & Bullion Breakdown Ahead Of Fed An ugly Philly Fed Services print was offset by soaring existing home sales data (thanks to a brief drop in mortgage rates), but risk appetites continued to grow today with stocks up and bonds down (in price) ahead of tomorrow’s big day […]
“A Big Failure For Us” – Sweden’s Biggest Pension Fund Loses Billions On Busted US Banks
“A Big Failure For Us” – Sweden’s Biggest Pension Fund Loses Billions On Busted US Banks Yesterday’s (50%) collapse in First Republic Bank shares was – in a word – ‘surprising’ given all the positive ‘rescue’ chatter and upbeat overall market sentiment post-CS ‘rescue’. US Regional banks broadly speaking were having a good day, but […]
Connecting Dots: COVID To SVB And Beyond
Connecting Dots: COVID To SVB And Beyond Authored by Sheryl Kaufman via AmGreatness.com, The next logical step is for the government to insure all bank deposits, which is tantamount to nationalizing the entire banking system. But to what end? A collection of seemingly random crises can spell out a sinister “conspiracy theory” when you consider […]
Fake “For Hire” Ads Plague Job Hunters As Employers Posting “Ghost Jobs”
Fake “For Hire” Ads Plague Job Hunters As Employers Posting “Ghost Jobs” While the official unemployment rate is sitting at multi-decade lows (notwithstanding this month’s recent uptick), people still looking for work are getting jerked around by fake job ads – in which businesses are maintaining active job postings that they aren’t actually trying to […]
For The Fed, This Is No Time For Surprises
For The Fed, This Is No Time For Surprises Authored by Simon Flint via Bloomberg, There is an argument that the Fed will stick to its inflation-fighting mission, because it needs to focus on restoring its credibility, and this keeps a 50bps hike in play for March. However, this could be a major policy error and hence […]
Putin To Xi: “We Support Chinese Yuan Use With Asia, Africa, Latin America”
Putin To Xi: “We Support Chinese Yuan Use With Asia, Africa, Latin America” In a ceremony at the Kremlin, and on the second day of Chinese leader’s Xi Jinping’s visit, Putin and Xi kicked off formal talks which will focus on the Ukraine crisis. They shook hands and stood side by side as their respective […]
US Gave India Intel During Clash With Chinese Troops
US Gave India Intel During Clash With Chinese Troops Authored by Dave DeCamp via AntiWar.com, The US provided India with unprecedented intelligence-sharing during a clash between Indian and Chinese troops in December 2022 along the disputed border high in the Himalayas, known as the Line of Actual Control, US News reported on Monday. The report cited current […]
20Y Auction Sees Solid Demand Despite Jarring Treasury Volatility
20Y Auction Sees Solid Demand Despite Jarring Treasury Volatility With bond volatility in the past weeks surpassing the covid crisis highs… … some were concerned that today’s 20Y auction could be a disaster because in a time when 2Y Notes swing in daily 6-sigma moves, what can one say about stability of paper that actually […]
“Like A Scooby-Doo Ghost Town”: Banks Yank Junk Loan Deals As Demand Craters
“Like A Scooby-Doo Ghost Town”: Banks Yank Junk Loan Deals As Demand Craters The equity market may be enjoying an deeply oversold bounce (at least until the next bank crisis crushes sentiment again), but the same can not be said for the primary debt market – especially for junk-rated paper – where deals are getting […]
The Worst Public Health Experiment, Malignancy Rates Explode
Analysis by Dr. Joseph Mercola Fact Checked March 20, 2023 Story at-a-glance So far, children have been largely unfazed by COVID-19 because their interferon pathway works really well. Interferon is an immune molecule that protects cells against invading pathogens The COVID jab inhibits the type-1 interferon pathway, so mass injecting young children may actually erase […]
Report 62: Acute Kidney Injury and Acute Renal Failure Following Pfizer mRNA COVID Vaccination. 33% of Patients Died. Pfizer Concludes, “No New Safety Issue.”
March 17, 2023 • by Joseph Gehrett, MD; Barbara Gehrett, MD; Chris Flowers, MD; and Loree Britt It is important to note that the adverse events (AEs) in the 5.3.6 document were reported to Pfizer for only a 90-day period starting on December 1, 2020, the date of the United Kingdom’s public rollout of Pfizer’s COVID-19 experimental mRNA “vaccine” […]
Did SVB break the Fed? Officials mull risks of more rate increases
By Howard Schneider WASHINGTON, March 20 (Reuters) – At an early January meeting of the Virginia Bankers Association, executives were already nervous that Federal Reserve interest rate increases were making it hard to compete for deposits. “Everywhere I go in the industry people are feeling that kind of pressure,” the featured speaker of the day, Richmond […]