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Biden's Handling Of Israel War Has "Tremendously Increased The Risk Of A Fresh Eruption"

May 9, 2024 / 0 Comments

By Michael Every of Rabobank Yesterday saw the Riksbank in Sweden cut rates by 25bp to 3.75% for the first time since 2016 (as Brazil cut 25bp to 10.50% as expected, yet the BoJ opened the door to another tiny June hike). Rate cuts, and a month before the ECB is expected to do the same! As...

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What Frustrates Americans The Most About The Tax System

May 9, 2024 / 0 Comments

In this visualization, Visual Capitalist's Pallavi Rao shows Pew Research’s findings on what bothers Americans the most about the tax system. This data was collected after surveying more than 5,000 American adults between the period of March 27-April 2, 2023. The survey was weighted to be...

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We Need To Talk About Recession Risk Again

May 9, 2024 / 0 Comments

Authored by Simon White, Bloomberg macro strategist, It’s time once more to increase vigilance for a US recession. Soft, survey data is starting to deteriorate, while hard data is already fragile. Expectations of a downturn are currently low, but they could quickly swing higher. Stocks –...

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Watch: Billionaire Real Estate Investor Expects 'One Or Two' Bank Failures A Week, UK Economist Says "Entering A New Dark Age"

May 9, 2024 / 0 Comments

Billionaire Barry Sternlicht, Founder, Chairman and CEO of Starwood Capital Group has issued an ominous warning about America's regional banks, which he says will fail at a rate of 'one or two' per week. Speaking with CNBC on Tuesday, Sternlicht says he thinks that primary real estate lenders...

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