These credit default swaps on U.S. treasuries are now worthless 🍿 https://t.co/FQUZXdc38m — Financelot (@FinanceLancelot) May 28, 2023 h/t Simian_Stacker
by confoundedinterest17 Well, Biden and McCarthy have agreed in principle to a budget revision, raise the debt ceiling and avoid a US debt default. The Uniparty strikes again! No restraint of reckless Federal spending t speak of . The big …
WASHINGTON — House Republicans reached a tentative deal with the White House on Saturday night to address the nation’s borrowing limit and avoid a catastrophic default on U.S. sovereign debt. Three Republican sources said there is a tentative agreement between …
The odds of going past the default X-date without a debt ceiling deal are 25% and rising, JPMorgan says
by jacksdiseasedliver For years here it has been theorized that the Mother Of All Short Squeezes will be triggered by a stock market crash, a steep decline in collateral, an nft dividend, or some other triggering event in which shorts …
Biden blamed Republicans for the U.S. defaulting on debt, calling their latest offers “unacceptable” and refusing to agree to a tax break for the oil industry. via townhall: After dodging reporter’s questions about the debt ceiling, President Joe Biden finally …
So ofcourse with that said I do not think this will hold over as it did during the 1st recession back in the 1930s.There are alot of projects on the back log waiting for initiation. Financial Agricultural Social Environmental Humanitarian …
via redwave.press: The U.S. government will have to default on some payments if Congress fails to raise the national debt ceiling before June, Treasury Secretary Janet Yellen said. “If Congress fails to do that, it really impairs our credit rating. …
via reuters: NEW YORK, May 10 (Reuters) – The cost of insuring exposure to U.S. government debt rose to fresh highs on Wednesday, as President Joe Biden and top lawmakers remained deadlocked in talks over raising the $31.4 trillion federal …
by confoundedinterest17 Ok, it is well-known that Biden was the stupidest man in the US Senate. And with Washington’s Patty Murray in the Senate, that is quite an accomplishment. But Biden is President and is still stupid and spiraling down …
by Dismal-Jellyfish https://public-inspection.federalregister.gov/2023-09207.pdf Purpose: ICE Clear Europe is proposing to adopt a new Futures and Options Default Management Policy, which would address procedures and requirements for the Clearing House’s management of an Event of Default with respect to an F&O …
by confoundedinterest17 Thanks to O’Biden (Obama/Biden) and Senate Majority Leader Chuck Schumer’s failure to negotiate a debt ceiling increase, the US has officially become a banana republic. Crazy government, lawless censoring and arrest of opposing political candidates. The US CDS …
Sperling said that House Speaker Rep. Kevin McCarthy (R-CA) passing a bill to raise the debt limit “does not give him or really anyone the right to say that we want to have a discussion where it’s either my way …
by confoundedinterest17 US House Speaker passed on a budget to the US Senate to avoid a US debt default. Senate Majority Leader Chuck Schuner said “DOA” and Biden refuses to negotiate with McCarthy. Hence, the US Credit Default Swap 1Y …
A failure by the US to raise its debt ceiling would lead to an economic and financial crisis in the country, Treasury Secretary Janet Yellen has cautioned, urging lawmakers to act and not wait “until the last minute.” The debt …
by OkIncident5269 I’d hazard a guess that it’s hedging. There is wayyy to much money on the line if the USA has a sovereign debt crisis. As much of a bear as I am, there is no way they would …
by confoundedinterest17 The US is beginning to be out of time for agreeing on a debt limit increase. But you don’t need a fortune teller to tell you that Biden and McCarthy will eventually agree to increase the US debt limit because everyone in Washington …
https://finance.yahoo.com/news/google-may-lose-search-samsung-014102604.html (Bloomberg) — Microsoft Corp.’s Bing may replace Alphabet Inc.’s Google as the default search service on Samsung Electronics Co. devices, according to a New York Times report on Sunday. Suwon-based Samsung, the world’s leading smartphone maker, is considering making …
As of March 28, the US Government had just $166B left in cash, after starting the month with $415B. How long will the government hold out? Remember there hasn’t been a single vote on the debt ceiling yet! …
by OptionsKing–CFTC Charles Schwab CDS vs JPM CDS You can even seen the price go up well before SVB (banking crisis as a whole) went under. If I had to take a guess, the company owns a ton of US …
https://financialpost.com/real-estate/property-post/work-from-home-mortgage-securities-default-risk-moodys ”The popularity of working from home in the U.S. is cutting into office tower revenue to the point that it is putting some commercial mortgage-backed securities at risk of default, according to a new report from the credit rating …
by TonyLiberty 1) A credit default swap is an insurance contract that protects you in case a company you lend money to defaults. 2) CDSs can be used by investors to speculate on the creditworthiness of companies. For example, an investor who thinks …
UBS Credit Default Swaps spiking- the $CS hot potato is just switching hands… pic.twitter.com/p5J8pMz4T7 — Roberto Rios (@peruvian_bull) March 20, 2023 View post on imgur.com UBS right now pic.twitter.com/5txbQq5FX2 — Satoshidisco (@satoshidisco) March 20, 2023
by confoundedinterest17 The last US debt crisis occured in 2013 when Congress finally raised the debt ceiling … and kept on borrowing and spending, But if you thought that a debt crisis would scare Congress (and the Administration) into balancing the Federal …
by confoundedinterest17 South of the border, down Mexico (and Guatemala) way. What a mess in Washington DC. While House Republicans are at lagerheads with Senate Democrats and Resident Biden over Federal spending cuts, the price of insuring against a debt default …
by confoundedinterest17 I used to write that the US is fast becoming Venezuela or Argentina. But its now official — the US has greater default risk than Peru! Credit default swaps (CDS) represent the price of insuring against default. So …
by confoundedinterest17 Everyone seems to have amnesia about Joe Biden’s hatred of Social Security and Medicare. He has tried to cut Social Security, Medicare and Veteran’s benefits as a US Senator. In addition, it was Biden that led the charge to TAX …
JUST IN: 🇺🇸 Bank of America CEO says the company is preparing for potential US debt default. — Watcher.Guru (@WatcherGuru) February 6, 2023 https://www.cnn.com/2023/02/06/investing/bank-of-america-ceo-brian-moynihan-debt-default/index.html#:~:text=The%20CEO%20of%20Bank%20of,possibility%20that%20cannot%20be%20ignored.
by Martin Armstrong QUESTION: Dear Martin Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system? Will there be differences between countries like Germany and Switzerland for example? Especially regarding pension …
