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Jul 2024
18m 4s

This Just Confirmed Everything

Jeff Snider
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Apr 20
OMG! Did You See What Just Happened in China
Interest rates in China’s bond market are aggressively declining, more at the short-term maturities. It’s a classic bond bull case, which means it isn’t bullish. The question is where this is coming from. Inside the country or outside? As if that wasn’t the only big signal, the C ... Show More
21m 56s
Apr 20
Banks Just Started Dumping Private Credit onto Insurance Companies
Banks are taking more steps to distance themselves from the growing private credit bust. They’re revaluing private credit assets that have been pledged to them as security for financing banks have provided to these shadow banks. I told you when JPM did it a month ago there would ... Show More
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Apr 17
New IRS Tax Return Data Shows People are COMPLETELY Out Of Money
The good news is the IRS is reporting about a 10% rise in average income tax refunds. However, the initial data is showing most Americans are just not spending the windfall. Understandably, they’re either saving the money or more often paying down debt. Those are certainly positi ... Show More
21m 17s
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