The Entire Euro System Faces Failure
In these dogdays of summer, there is a new complacency over the financial and economic status of the Eurozone. Inflation is down, bank shares have...
Sink The Economy! CMBS Storm Unfolds As Delinquent Office Loans Hit Five-Year High (They Call Biden “The Sleeze!”) – Confounded Interest – Anthony B. Sanders
Biden and The Fed are playing their own version of Johnny Horton’s “Sink The Bismarck!” This version is called “Sink The Economy!” The commercial real...
Commercial real estate crash still looming over US economy
The threat of a commercial real estate market crash is hanging over the already fragile U.S. economy. About $1.5 trillion in commercial mortgage debt is...
Treasury Secretary Yellen warns of commercial real estate ‘issues’ that could strain banks
““I do think that there will be issues with respect to commercial real estate.”” — Treasury Secretary Janet Yellen, in an interview Wednesday with CNBC’s...
30 San Francisco Hotels Face Incoming Debt Maturity Wall As Default Dominos Begin
Park Hotels & Resorts stopped making payments on a $725 million loan secured by two San Francisco hotels this week. The loan is due in November, and...
The Fed And The Death Of Market Volatility, Bank Deposits Continue To Dwindle (VIX Down To 13.50) – Confounded Interest – Anthony B. Sanders
The Federal Reserve doesn’t care if market volatility has collapsed, even though volaltility is necessary for a well-functioning capital market. The VIX, volatility of the...
Citi, Commerzbank stay bullish on gold medium-to-longer term By Investing.com
© Reuters. Investing.com — The Federal Reserve’s potential rate hike pause next week could just be one reason to stay bullish on gold despite choppiness...
Visualizing Gold Price and U.S. Debt (1970-2023)
Understanding the Assets and Liabilities of U.S. Banks The U.S. banking sector has more than 4,000 FDIC-insured banks that play a crucial role in the...
Gundlach dials up his warning of a US recession
MarketInsider/Zahra Tayeb/6-7-2023 “Forecasts for the world’s largest economy have been growing increasingly grim following the past year’s surge in interest rates and amid a credit...
Former Fed Chair Ben Bernanke on Inflation, Bank Runs and More
I called Ben S. Bernanke, the former chairman of the Federal Reserve, late in the debt-ceiling standoff. It hadn’t been concluded quite yet but soon...