This is it, the point where the #BOJ cannot kick the can down the road any longer has arrived. As you know, I have written many times about the #BOJ, warning of the consequences of their unbelievably reckless actions. 🚩 $JPY CARRY TRADE – THE BIGGEST FINANCIAL TICKING TIME BOMB…
Category:Stocks
IS THE #FED (PERHAPS WILLINGLY) STARTING A BANKING CRISIS TODAY?
In about 24 hours, the “Bank Term Funding Programme”, the infamous #BTFP, will be history. There should not have been any surprise about this if it wasn’t for the fact the banking situation today is much worse than it was one year ago when the #BTFP was launched. How dire…
MORGAN STANLEY – BIG BALANCE SHEET LOSSES HIDDEN BEHIND EXOTIC DERIVATIVES CURTAINS (AGAIN)?
When you’ve spent enough time trading inside a bank and watching markets for hours a day, in my case I traded my first stock when I was 11, sometimes you’re able to spot if something suddenly starts behaving weirdly. This is exactly what happened with Morgan Stanley ($MS) in the…
JAPAN END GAME – A DEEPLY DEVALUED $JPY AND A WORTHLESS #NIKKEI
The #Nikkei just broke 40,000 and yet no one in #Japan is celebrating, literally speaking. Why? The purchasing power of $JPY literally fell through the floor in the past 30 years as a result of endless (and reckless) nonstop money printing. As I wrote almost 5 months ago on X:…
WHAT ARE THE CHANCES HSBC IS INSOLVENT AND FIGHTING A LIQUIDITY CRISIS? – EPISODE 2
In the first episode, we dived into $HSBC’s liquidity issues. Now, it’s time to peek into its lending books to close the circle on this (beyond messy) bank. 🚩 As hinted in my previous post, despite a market increase in total loan exposure (that, for the record, $HSBC mostly blames…
THE PILE OF LIES USED TO RAISE THIS #STOCKS BULL MARKET UP TO THE SKY IS NOT WITHSTANDING GRAVITY ANYMORE
From $NVDA to Janet Yellen, from $AAPL to Jerome Powell, from $SMCI to Gary Gensler, from Joe Biden to the #BLS, from Rishi Sunak to $HSBC, from Christine Lagarde to #GermanRealEstate, from the #BOJ to $GOOG and on and on. What do all those I mentioned have in common? They…
WHAT ARE THE CHANCES $HSBC IS INSOLVENT AND FIGHTING A LIQUIDITY CRISIS?
Apologies for the delay, but it took a while to go through the 450 pages of the $HSBC annual report. 🙏🏻 However, what I am about to show you is worth a huge bucket of 🍿 let’s go. 🚩 #1 – REPO HALLUCINATIONS According to its report, $HSBC should be…
WHY ALL OF A SUDDEN ARE SO MANY HIGH PROFILE INSIDERS SELLING THEIR #STOCKS?
Jeff Bezos, Mark Zuckerberg, Jamie Dimon, the Walton family, $AMD CEO Lisa Su are just some of the high profile insiders that have been selling big chunks of their #stocks in recent weeks. If you take a snapshot of insider volumes in the last 60 days (chart 1 – credit…
THE #STOCKS HOUSE OF CARDS IS WOBBLING… AGAIN
Between the end of September and the beginning of October 2023, the #MOAB (Mother of All Bubbles) house of cards was dangerously wobbling. In a great coup de theatre, Jerome Burns managed to pull a “FED ghost pivot” 🐇 out of his magic hat, which sent everyone on a #FOMO…
NVIDIA, ITS RECYCLED “#AI REVOLUTION” AND THE DARK SIDE OF IT KEPT AWAY FROM THE PUBLIC
NVIDIA convinced everyone that we are just at the beginning of the #AI revolution and its GPUs will sell like hot cakes. Yes, we are at the beginning of the #AI revolution. However, NVIDIA isn’t going to be part of it as much as they (desperately) want people to believe,…