Category: Financial Crisis 2024
The analysis published under this category are as follows.
Friday, June 07, 2024
US Banking Crisis 2024 That No One Is Paying Attention To / Stock-Markets / Financial Crisis 2024
By: Avi_Gilburt
Credit card and auto loans are increasing the risk on bank balance sheets.
The largest holders of these loans include JP Morgan, Citibank, and Capital One.
You have to engage in due diligence regarding the banks that house your hard-earned money to make sure you're not caught during a banking crisis.
A month ago, we published an article on consumer debt, which is becoming a huge issue for the banks from a credit quality perspective, as both credit cards and auto loans have posted sharp increases in delinquency ratios.
Read full article... Read full article...
Friday, June 07, 2024
Is There a Financial Crisis Bubbling Under the Surface? / Politics / Financial Crisis 2024
By: MoneyMetals
When the Federal Reserve started raising rates, it precipitated a financial crisis. The central bank managed to paper over the problem with a bailout program, but the crisis continues to bubble and percolate under the surface.
According to the latest data from the FDIC, the U.S. banking system is sitting on $517 billion in unrealized losses due to deteriorating bond portfolios.
Unrealized losses triggered the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank in 2023.
Read full article... Read full article...
Friday, May 24, 2024
Another Bank Failure: How to Tell if Your Bank is At Risk / Stock-Markets / Financial Crisis 2024
By: EWI
Another bank failure, another underperforming share price.
Philadelphia-based Republic First Bank was closed down on Friday, April 26, and the assets were sold to Fulton Bank. Republic First becomes the first bank failure of 2024. Given our outlook for the stock market and the economy, it will probably not be the last.
Read full article... Read full article...
Sunday, March 24, 2024
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care / Stock-Markets / Financial Crisis 2024
By: Kelsey_Williams
The money supply continues to fall, but investors don’t seem to care. They are convinced that their success is connected to a potential Fed shift in interest rate policy. Nothing else seems to matter. That is partially attributable to the fact that, as the financial markets continue their upward trajectory, less and less attention is paid to the deteriorating economy. And, the deterioration is getting worse.
When worsening economic conditions – especially in the labor market – are pointed out, it is either not noticed or ignored. The wealthy and well-connected don’t care; and others don’t know enough to care. If stocks are up, things must be okay.
Read full article... Read full article...
Wednesday, February 07, 2024
Financial Markets Narrative Nonsense / Stock-Markets / Financial Crisis 2024
By: The_Gold_Report
The term "narrative" is defined as "a story that you write or tell to someone, usually in great detail. A narrative can be a work of poetry or prose, or even song, theater, or dance. Often, a narrative is meant to include the "whole story." A summary will give a few key details, and then the narrative will delve into the details."
This perfectly describes the manner in which financial assets are deified by the MSM and fed on a silver platter to unsuspecting buyers of "all things Wall Street," especially the shares of companies that have no earnings and very few assets but a mountain of narrative content that tells a wonderful little "story" about what might happen if all goes right. Visions of net worth sugar plums dance in millions of heads around the planet every time they hear the cheerleaders on CNBC prattle on about the "strong economy" being driven forward by a "resilient consumer" who have oodles and oodles of "cash on the sidelines" with which to drive stock prices endlessly higher.
Read full article... Read full article...
Monday, February 05, 2024
Banking Crisis Quietly Brewing / Stock-Markets / Financial Crisis 2024
By: MoneyMetals
The Federal Reserve’s most recent policy statement came with a curious omission. Fed officials removed language from previous statements that proclaimed “the U.S. banking system is sound and resilient.”
That begs the question: Is the banking system no longer sound and resilient?
The Fed initially inserted the language in March 2023 following the collapse of Silicon Valley Bank (SVB) – whose balance sheet obviously wasn’t sound or resilient.
Read full article... Read full article...
Sunday, February 04, 2024
More Problems in US Regional Banking System: Where There's Fire There's Smoke / Stock-Markets / Financial Crisis 2024
By: MoneyMetals
Where there’s fire, there’s smoke.
And there is definitely smoke in the U.S. banking system.
The mainstream consensus is that the Federal Reserve successfully raised interest rates, slayed the inflation monster, and did it without breaking anything in the economy. Most people seem convinced the central bank will continue guiding the economy to a soft landing, and soon, it can go back to delivering the easy money the economy depends on.
Read full article... Read full article...
Sunday, January 07, 2024
Bank Borrowing From Fed Bailout Program Has Surged / Stock-Markets / Financial Crisis 2024
By: MoneyMetals
Is a U.S. banking crisis still bubbling under the surface?If activity in the Federal Reserve’s bank bailout program is any indication, the answer to that question is yes.
Over the last two months, the balance in the Fed Bank Term Funding Program (BTFP) has surged, and the pace of borrowing appears to be increasing.
Since Nov. 19, the amount of outstanding loans in the BTFP has increased by $27.3 billion. The balance in the bailout program grew by nearly $5.4 billion in just the last week.
Read full article... Read full article...