Investment Banks love risk-free (for them) “fee business,” but as of late, their “structuring” divisions have been struggling quite a bit because you can easily get 5% from a Money Market fund. Even if Jamie Dimon has been pretending to hate #Bitcoin, perhaps because he needs to play every side…
Category:Daily
Daily post about finance and breaking news
EXPLAINING WHY PINDUODUO #PDD “DAVID” HAS A SERIOUS CHANCE TO KNOCK OUT ALIBABA #BABA “GOLIATH”
Alright, ladies and gentlemen, it’s about time to get a few things straight about what’s going on with #BABA. First of all, the stock itself has a significant problem called “SoftBank”. In the post quoted below, I explained a while ago why SoftBank’s derivatives shenanigans have been hammering BABA’s stock,…
2024 THE YEAR WHEN “HIDE TILL MATURITY” ENDS
During 2023, we have discussed so often how (ridiculously insolvent) banks have made extensive use of “Hold To Maturity” accounting to the point that it is now more appropriate to rename it “Hide Till Maturity” (TwitterX). Dump any asset with a market value implying a steep loss in the HTM…
WHY IS THE FED PREPARING TO BAIL OUT A JAPANESE BANK? BECAUSE OF THE “NORINCHUKIN” DANGER
First of all, who the hell is the latest counterpart added to the #FED Standing Repo Facility: “Norinchukin Bank”? “Officially,” it is a Cooperative Bank owned by Japanese agricultural, fishery, forestry cooperatives in #Japan. Yes, that’s right, an “agricultural” bank from Japan got a seat at the #FED big boys…
YES – THEY ARE IN COMPLETE PANIC
One month ago, I wrote about the “PANIC BEHIND CLOSED DOOR” (TwitterX), and at that time, I literally said: “Imagine what would happen to Joe Biden’s approval rating if the #stocks bubble he inflated to the stratosphere implodes right now. With Jerome out of the game, Joe needed his Janet…
WHICH BANKS ARE AT RISK OF GOING BUST IN A LIQUIDITY CRISIS BECAUSE ALREADY (RIDICULOUSLY) INSOLVENT?
Thank you for waiting, but I assure you what follows isn’t going to disappoint you! Two months ago in “This time is NOT different – Part 2,” I flagged how my analysis at that time flashed (big) red warnings on several US banks (TwitterX). My analysis today will expand on…
THE RISK OF A $VIX TURKEY BURSTING OUT FROM THE (SOFTBANK) OVEN
Something happened yesterday that has been broadly ignored: the Bank Of Japan printed ~10bn $USD equivalent in $JPY and delivered an adrenaline shot of liquidity to the market. Hold on a second, why the need to inject liquidity through the back door without any apparent need? The answer is straightforward:…
$NVDA (PONZI) “LIES” UNDER $NVDA NOSE
I know a couple of things here and there about running a company, from work and direct experience. One thing is how easy it is to “grow” your revenues when your clients aren’t going to pay for the goods you deliver. Another is to understand whether revenues are real or…
IN A SCRAMBLE TO SURVIVE, SOFTBANK IS KILLING ALIBABA!
$BABA closed the last session crashing 9% after results beating expectations across the board, leaving many dumbfounded. Of course, the media quickly made up a narrative to write a story that could more or less fit the price action: “Alibaba crashes after pulling its Cloud Unit listing due to US…
WARNING: SOMETHING BROKE!
Yesterday, we were discussing the signs of “Panic behind closed doors” (TwitterX), today we have 100% certainty that something big enough to justify extreme actions from the US Government and US Regulatory Agencies broke somewhere. How else we can justify the SEC is still holding back the “Fails To Deliver…