PREVIOUS POST IN CASE YOU MISSED IT
"How I think the next Great Depression might start"
https://greatawakening.win/p/17rSsfoV8B/heres-how-i-think-the-next-great/
Feel free to discuss or share anything I might've missed!
CENTRAL BANK NEWS
The Bank of Japan has been doing some wild things recently with monetary policy.
But how has it affected the US Treasury market? And perhaps more importantly, are the BoJ's antics a sign of what's to come from our own Fed?
Time for a Debt 🧵👇
https://twitter.com/jameslavish/status/1720395436702543874
REPOST - The Bank of Japan Could Still Trigger a Stock Market Crash. Here’s How. A weakening yen could trigger margin calls around the world from the end of the Carry Trade
https://leadlagreport.co/tiyenb
The Impact of Japan on Global Stock Market: Exclusive Interview with Weston Nakamura | Lead Lag Report
https://www.youtube.com/watch?v=KKzk8wRTDuU
12:20 Carry Trade info
This monthly USDJPY chart is wild! Looks the USDJPY was pushed below 150 again last night
https://www.tradingview.com/symbols/USDJPY/
Keep a watch on it, if it goes above 158, expect to start seeing a Global Margin Call selling back all the carry trade positions. The snowball turns into an avalanche that brings down the world economy.
Bank of International Settlements will be co-host of #DCFintechWeek on 6-9 Nov talking about #CrossBorderPayments #AI #RegTech #SupTech #CBDCs
Programme at: https://dcfintechweek.org/agenda-2023-3/
https://twitter.com/BIS_org/status/1720517725091410119
If you’ve never heard of a debt spiral, it’s time you did,
and ask the question, "is the US already in one?"
Let’s dig in and answer that.
A debt 🧵👇
https://twitter.com/jameslavish/status/1562078782453792768
Sweden's central bank needs a taxpayer bailout.
Joining the Bank of England who got $35 billion last year as central bankers come for taxpayers who are beyond tapped out.
The numbers for the Fed are a lot bigger -- over a trillion in the hole.
https://twitter.com/profstonge/status/1718606104832221251
Swedish Rekt Bank | Bitcoin University
https://www.youtube.com/watch?v=5d2BopwH-CI
In this video, I discuss the Swedish central bank (Sveriges Riksbank) blowing itself up through its own incompetence and needing a $7 billion bailout.
The Swedish central bank goes bust, comes in for a $7 billion taxpayer bailout.
Given Sweden's size, that's $260 billion in relative US terms. In one year. Of course piled on top of Sweden's deficit.
We'll see a lot more of this to come. In fact, the Fed's well past bankrupt, with $1 trillion in negative equity. Silicon Valley Bank got wound up when it was $20 billion in the hole. The Fed just redefines accounting definitions while sticking taxpayers with the bill.
https://twitter.com/WallStreetSilv/status/1718632184322396374
The Swiss Central Bank posts 12 Billion Franc ($13.36 Billion) Q3 loss
Who bought up Credit Suisse earlier this year when it failed? The Central Bank of Switzerland
Interesting chart by Hussman. estimates the Fed is insolvent by $2.5T. wow. @hussmanjp
https://twitter.com/LawrenceLepard/status/1720147722974445976
Bank of England rate is maintained at 5.25% - November 2023 https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2023/november-2023
🟡Central Bank Gold Binge Is Even Bigger Than Previously Thought🟡
https://finance.yahoo.com/news/central-bank-gold-binge-even-060000811.html
BANK NEWS
@peruvian_bull
are banks hiding naked shorts in custom basket swaps?
https://twitter.com/peruvian_bull/status/1720196192515109338
"Some Deposits May Be Temporarily Delayed": Downdetector Shows Service Disruptions At US Banks on Friday
Seems the bank issues were a technical glitch with the Federal Reserve system.
https://twitter.com/FinanceLancelot/status/1720473096686104721
JP Morgan having "glitches" in its $1 Trillion money market fund
https://twitter.com/DarioCpx/status/1720040645967204435
(1 Month Ago) 🚨Another Money Market fund goes bust, it’s $C this time 👀🚨
https://twitter.com/DarioCpx/status/1709041599387443205
Repo Madness Hits China, Japan Rolls Out Stimulus Package | Nobody Special Finance
https://www.youtube.com/watch?v=7ZOwjj4lOsA
Overnight interbank lending rates in China have spiked as a flood of new bond supply increased demand for cash even as fears of developer defaults made banks hesitant to lend.
🚨3 DAYS AGO THE #DTCC PUT OUT A WEIRDER NOTICE TO REMIND MEMBERS THEY HAVE 1 BUSINESS DAY TO DECLARE A “REPORTABLE EVENT” 🚨
https://twitter.com/DarioCpx/status/1719904449437839666
Another bank bites the dust. Citizens Bank, Sac City, Iowa
https://twitter.com/kurtsaltrichter/status/1720618008865882113
Iowa Trust & Savings Bank, Emmetsburg, Iowa, Assumes All of the Deposits of Citizens Bank, Sac City, Iowa
https://www.fdic.gov/news/press-releases/2023/pr23091.html
Barclays is sued over ex-CEO's ties to Jeffrey Epstein
https://www.reuters.com/legal/barclays-is-sued-over-ex-ceos-ties-jeffrey-epstein-2023-11-03/
Sam Bankman-Fried is found guilty as you all know.
https://twitter.com/BartsQuandry/status/1720262425482805612
@FTX_Official
(Over 1 year ago) Upcoming listing on FTX: Japanese Yen $JPY perpetual futures!
Live on October 27, 2022 at 2pm (UTC) Listing details: http://help.ftx.com/hc/en-us/articles/10358687088788
https://twitter.com/FTX_Official/status/1585270034460422145
Former Goldman Trader Gets 36 Months In Jail For Netting $280,000 From Insider Trades
https://www.zerohedge.com/markets/former-goldman-trader-gets-36-months-jail-insider-trading
WHAT's GOING ON AT APPLE? AND OTHER STOCK/ECONOMIC NEWS
(6 months ago) Is $AAPL a tech company or a shadow bank? And if they are a shadow bank is everything ok there? I know it sounds crazy, but something is quite odd with their structure and their numbers.
https://twitter.com/DarioCpx/status/1658421099867279361
(Aug-2018) WSJ - Apple Is a Hedge Fund That Makes Phones
🚨BEWARE OF A TOO SHINY #APPLE🍎 , IT MIGHT BE “FAKE” PLASTIC ONE🚨
https://twitter.com/DarioCpx/status/1719891765157933203
Five months ago, I put forward the question, "Is $AAPL a shadow bank?" [x.com/dariocpx/statu… ] And now, with less than 24 hours away from yet another Tim "Trillions" Cook show of financial engineering wizardry, it is worth going one step further to understand whether Apple today is making the same mistakes that almost brought General Electric to its knees in 2008...
🚨 LADIES AND GENTLEMEN, $AAPL IS COOKING THE BOOKS! 🚨
https://twitter.com/DarioCpx/status/1720180285067911195
🚨 IS GEODE CAPITAL MANAGEMENT LLC THE “WHALE” THAT CONTINUES TO SQUEEZE #STOCKS HIGHER AND CRUSH THE $VIX?! 🚨
Golden Nuggets 1-16, a must read!
https://twitter.com/DarioCpx/status/1720246250971509206
Market Celebrates Horrible Jobs Report. | Nobody Special Finance
https://www.youtube.com/watch?v=jPTAk4rKeg0
Stocks, bonds, and commodities are all celebrating what can only be described as a terrible jobs report from the US Bureau of Labor Statistics. The economy added 150,000 jobs in the month of October, below the 180,000 expected. But the really bad news is hidden beneath the headlines.
How have other 6-day >6% rallies looked the last few decades?
A 🧵
October 1997...
https://twitter.com/jojoeb16/status/1720485840768348218
Gold is now outperforming the S&P 500 this year
https://twitter.com/WinfieldSmart/status/1717955748783657256
Credit card debt is about 0.6% of total household assets.
There's about $1 trillion in credit card debt and $160 trillion in household assets.
https://twitter.com/LynAldenContact/status/1719881040842445072
@WinfieldSmart
AMAZING VISUALIZATION
120+ YEARS of GLOBAL 🌎 STOCKS vs. GLOBAL 🌎 ECONOMIES
https://twitter.com/WinfieldSmart/status/1720175487211753831
Great twitter account to follow
Great visualization of the Regional Bank Crisis March-28-2023 to April-4-2023
https://twitter.com/WinfieldSmart/status/1654785059864363008
On CNBC with Drunkenmiller - “My generation… we’ve given nothing. We’ve given nothing! And now we want to screw our grandchildren…
We’ve got to stop guys, we’re DRUNK.”
https://twitter.com/FinanceLancelot/status/1719851813757669548
Americans Panic Search "Give Car Back" As Subprime Auto Loan Delinquency Erupts
Auto Loan Industry Is Going From Bad to Worse: ‘Everyone’s Getting Out’
Veteran financial analyst @HedgeyeFIG addressed unsettling news from Credit Acceptance Corp $CACC and what it means for the overall lending environment this morning on The Call @Hedgeye with CEO @KeithMcCullough.
https://old.reddit.com/r/ThePPShow/comments/17nx347/also_from_stockscanio_look_at_what_i_highlighted/
Bobby is slowly coming back.
https://old.reddit.com/r/ThePPShow/comments/17nw0el/my_fidelity_statement_is_showing_this_now/