RT 🚨BSC Gems Alert🚨 (@BSCGemsAlert)🚨 BREAKING:THERE IS A 92% CHANCE THAT FED WILL CUT RATES IN 9 DAYS.GIGA PUMP IS COMING !! 🚀 https://t.co/2e3opsxkuB ...

🚨 BREAKING:THERE IS A 92% CHANCE THAT FED WILL CUT RATES IN 9 DAYS.GIGA PUMP IS COMING !! 🚀 https://t.co/2e3opsxkuB ...

Consumer Debt & Financial Strain - Over half of Americans lack a budget [1] - Two in five Americans carry credit card debt month-to-month [1] - The average credit card balance is approximately $6,500 [1] - Debt level, rather than income level, is a critical factor in financial trouble [2] Deteriorating Debt Management - The percentage of people making credit card payments less than the required minimum rose to 13% in August, a 13% increase from the spring [3] - The percentage of people transferring debt between cards also increased by 13% [3] - The share of borrowers consolidating credit card debt into a personal loan doubled to 8% [4] - More consumers are failing to pay bills on time compared to a year ago [4] - Payments that are more than 90 days late are rising [4] Key Drivers of Financial Strain - A worsening employment environment contributes to late payments [4] - Inflation and sustained high interest rates are key drivers of financial strain [4] - An across-the-board increase in late payments indicates financial strain even among creditworthy borrowers [5]

Let's let's spend another minute, Josh. I I don't want to sort of gloss over your best stocks in the market list with, by the way, another CNBC Pro um edition of of late. Um because what's interesting to me is the reason why we moved it up into our A block is number one, financials have been trading so well, but that you make the declaration that it's the smaller banks that are actually breaking out.um you like one chart especially but can you give us a little bit more on on that theme. Yes, absolutely. As ...

RT The Kobeissi Letter (@KobeissiLetter)This is the definition of broken:In 15 days, the Fed will cut rates for the first time in 2025, yet the 30Y Treasury Yield is now near 5.00%.We have RISING interest rates as markets "price-in" Fed interest rate CUTS.Do you realize what's happening?(a thread) https://t.co/AKt5KG0qx3 ...

As the torment caused by covid-19 and high interest rates subsides, the multi-trillion-dollar market for owning and financing America’s workplaces is changing. Could a turnaround be on the horizon? https://t.co/wQpDLgoCJ0 ...

Welcome back. As the president moves to fire Fed Governor Lisa Cook, new reports say he is looking to quickly find a replacement. One of the potential candidates being former World Bank President David Malpass.He joins us now in an exclusive interview. David, it's great to see you. Welcome.>> Hi Sarah. Good to be on. Thanks.>> La last hour we were talking to Alan Blinder who former Federal Reserve vice chair said that it's an assault on independence that that the president is trying to do this to Lisa Cook. ...

Friday. Joining us this morning is bespoke co co-founder Paul Hickeyi to discuss. Paul, let's get the fall started.Good to have you. Um, talk about September season seasonality and whether or not there are elements that might make this particular round of September maybe a little less than feared. Yes.I mean, September, we all know it's historically a weak time of year uh for the markets overall. Uh, especially look at I mean what we've done the last four months. We're up 1% four months in a row.Um, you kno ...

Fed Independence & Political Influence - The financial industry suggests the Federal Reserve is not independent and its appointees are partisan, similar to other government branches [2][3][4][14][17] - The industry questions whether a sitting president should have the authority to remove a Fed governor if their views are misaligned with the electorate's wishes [4] - The industry proposes revisiting the notion of the Fed's independence, considering that many of its functions could be better handled by the Treasury or other entities [17] - The industry acknowledges the 14-year terms for Fed governors are designed to insulate them from political cycles, promoting institutional resilience [17][18][21] Monetary Policy & Data Reliability - The financial sector expresses concern over the Fed's monetary policy decisions, which are based on potentially inaccurate data [6][7][11] - The industry suggests that capital markets and free markets are more effective at achieving price stability than the Fed [8] - The industry highlights the potential for real-time pricing oracles, utilizing blockchain-published economic data, to improve market efficiency [11][12][13] Fed's Role & Responsibilities - The industry questions whether the Fed should continue to act as a lender of last resort, suggesting the Treasury could perform this function more effectively [8] - The industry generally agrees that the Fed can continue its banking supervision and regulation, as well as its role as a payment system and clearing house [9][10] - The industry emphasizes the importance of considering the long-term costs of capital and the US's ability to service its debt when making monetary policy decisions [19][20]

Brazil’s economy posted a modest expansion in the second quarter on services and industry, decelerating from the beginning of the year as high interest rates bite into growth https://t.co/cdCWKUitw7 ...