The availability of mortgages in America, as measured by lenders’ appetite for risk, is at its lowest in decades. The collapse in credit has two main causes https://t.co/7gJkFH0jwK ...

RT Bloomberg New Economy (@BBGNewEconomy)"Credit or the act of lending - is not where the risk lies." Climate Ambassador, Singapore Ravi Menon on the role banks pay in financial-market regulation #BloombergNewEconomy.⏯️ https://t.co/Sqkf8dJOyf https://t.co/DXcBI8V8Gi ...

Economic Outlook - The current economic situation is characterized by two significant bubbles: one in non-bank financial credit, which is nearly four times the annual GDP in the United States, and another in the AI sector, where the capital inflow in the U.S. compared to China appears excessive [1][2] - The bursting of these bubbles could have serious economic consequences, particularly affecting credit transmission, which is crucial for economic stability [2][6] Comparison to Historical Events - The potential economic fallout from the current situation is not expected to mirror the 1929 crash due to differences in policy responses; unlike in 1929, where budgets were tightened and trade tariffs were imposed, current policies are likely to ease in response to a bubble burst [5][6] - The situation is more comparable to the housing bubble burst in 2008, which had significant repercussions for credit and the real economy, rather than the isolated impact of the dotcom bubble [6][7] Investment Strategy - The investment strategy should focus on wealth protection, emphasizing hard assets such as gold, oil, and strategic metals, while being generally negative on equities, except for defense stocks that may benefit from geopolitical tensions [8][9] - There is a negative outlook on bonds due to anticipated higher deficits and concerns over the sustainability of sovereign debt in the U.S., Europe, and Japan [10]

As well as relying more on the Chinese state for credit, rich countries are emulating its style of lending, writes Bradley Parks https://t.co/dZaBftd0bu ...

Core Insights - Texas Capital Bank has reported record earnings, highlighting strong financial performance and growth potential in the current market environment [1] - The CEO discussed the bank's involvement in mergers and acquisitions (M&A), indicating a proactive approach to expanding its market presence [1] - The outlook for the bank remains positive, with strategies in place to navigate future challenges and capitalize on opportunities [1] Financial Performance - The bank achieved record earnings, showcasing a significant increase compared to previous periods [1] - Specific financial metrics were not detailed in the provided content, but the emphasis on record earnings suggests robust profitability [1] M&A Activity - The CEO emphasized the importance of M&A activity as a key component of the bank's growth strategy [1] - The bank is actively seeking opportunities to enhance its portfolio and market share through strategic acquisitions [1] Future Outlook - The management expressed confidence in the bank's ability to sustain growth and adapt to changing market conditions [1] - Plans are in place to address potential challenges while leveraging existing strengths to drive future success [1]

China made a point on its credit versus the US, says @johnauthers, and emerging markets are enjoying it (via @opinion) https://t.co/HKay9Zxbrc ...

5 November 2025 | 12:06PM HKT Economics Research China: Unofficial services PMI edged down in October; October inflation and credit preview Bottom line: The headline RatingDog China Services PMI (formerly the Caixin services PMI) edged down to 52.6 in October from 52.9 in September, suggesting services sector activity continued to expand but at a slightly slower pace. Key numbers: S&P Global services PMI: 52.6 in October (Bloomberg consensus: 52.5), vs. 52.9 in September. Main points: 1. The RatingDog China ...

First Horizon Corporation Conference Call Summary Company Overview - **Company**: First Horizon Corporation (NYSE:FHN) - **Assets**: $83 billion - **Branches**: Over 400 across the Southeast - **Headquarters**: Memphis, Tennessee - **Segments**: Regional banking, specialty banking, and corporate [1][3] Core Insights and Arguments Customer Sentiment and Loan Growth - Customers in the Southeast are optimistic and resilient despite past challenges like COVID and rising rates [4][5] - Loan growth is slower than previously anticipated, with expectations of high single-digit growth not materializing [5][6] - The mortgage warehouse business has been a bright spot for loan growth [5][8] Loan and Deposit Strategy - Focus on building long-term customer relationships rather than just selling products [7][8] - Emphasis on decentralized decision-making in local markets for deposit pricing [8][9] M&A Activity - Increased M&A activity in the Southeast with several competitors involved in mergers [10][11] - First Horizon has recently completed significant mergers and is now focused on organic growth [12][14] - The company is positioned to capitalize on opportunities arising from competitors' M&A disruptions [12][14] Interest Rate Environment and Asset Sensitivity - The company is optimistic about its countercyclical businesses, particularly FHN Financial, in a falling interest rate environment [17][18] - Mortgage warehouse business is expected to benefit from potential refinancing waves as rates decrease [20][26] Expense Management and Technology Investments - Commitment to keeping expenses flat while investing in technology and efficiency improvements [27][29] - Significant technology investments have been made to clear tech debt and enhance operational efficiency [31][32] - AI is being utilized to reduce costs and improve speed in developing new digital platforms [33][36] Credit Quality and Risk Management - Strong credit culture with a focus on client relationships and decentralized credit analysis [39][40] - Best-in-class charge-off rates, with a proactive approach to monitoring credit quality [41][45] - Increased vigilance regarding fraud and operational controls in response to industry challenges [49][50] ROTCE Target and Capital Management - Achieved a 15% ROTCE in Q4, with a goal to sustain and exceed this level [52][53] - Plans to return capital to shareholders primarily through loan growth, with share buybacks as a secondary option [59][60] - Maintaining a capital ratio of 11% with a long-term target of 10% [57][58] M&A Strategy - M&A is not a near-term priority; focus remains on organic growth and achieving top-tier returns [61][62] - The company is open to opportunities but prioritizes shareholder value and operational efficiency [64] Additional Important Points - The competitive deposit environment has quieted down, with clients aware of rate changes [66][68] - Technology expenses are being managed effectively, with a focus on client-facing projects [70][74] This summary encapsulates the key points discussed during the First Horizon Corporation conference call, highlighting the company's strategic focus, market conditions, and operational insights.

I sat down with @MarediaShehzan to discuss how wealthy Bitcoiners are using innovative lending and credit solutions to buy homes, cars, and experiences — all while keeping their Bitcoin.Shahzad shares real stories, insights, and the broader vision behind enabling financial freedom without liquidation.Enjoy!YouTube: https://t.co/GKukweAOKCApple: https://t.co/51IsdFMZPrSpotify: https://t.co/nWMXPfQyC1TIMESTAMPS:0:00 - Intro2:36 - Who are high-net-worth bitcoiners?8:24 – “Buy, borrow, die” wealth strategy12:35 ...

I sat down with @MarediaShehzan to discuss how wealthy Bitcoiners are using innovative lending and credit solutions to buy homes, cars, and experiences — all while keeping their Bitcoin.Shahzad shares real stories, insights, and the broader vision behind enabling financial freedom without liquidation.Enjoy!YouTube: https://t.co/GKukweAgV4Apple: https://t.co/51IsdFMrZTSpotify: https://t.co/nWMXPfQ0MtTIMESTAMPS:0:00 - Intro2:36 - Who are high-net-worth bitcoiners?8:24 – “Buy, borrow, die” wealth strategy12:35 ...