WeWork Losing $3.2 Billion Last Year, In Talks With SPAC

WeWork Losing $3.2 Billion Last Year, In Talks With SPAC

The fact that potential investors were even taking meetings with Tel Aviv playboy managed WeWork is a sign of just how few suitable takeover opportunities remain in a market that has been saturated by SPACs (following a decade-plus post-crisis bull...
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ARAMCO’s 2020 Profits Fell By 44%

ARAMCO’s 2020 Profits Fell By 44%

Saudi Aramco reported a net profit of $49 billion for 2020, down 44 percent on the year but still a positive figure despite the pandemic that plunged some major oil companies into the red. The company kept its annual dividend at $75...
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World After Countless QEs:  A Shortage Of Everything

World After Countless QEs: A Shortage Of Everything

In last press conference, Jay Powell confirmed that the Fed is setting off on a historic experiment: welcoming a conflagration of red-hot inflation for an indefinite period of time in an overheating economy, with the underlying assumption that it’s all.....
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Treasury Injects A Record $271 BIllion In Cash In One Day

Treasury Injects A Record $271 BIllion In Cash In One Day

A month ago analysts noted that in line with the Treasury’s forecast for huge net debt drawdown in the current quarter, a record $1.1 trillion in cash and reserves was about to hit the market. Fast forward to today when...
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Household Portfolios Are Oversized, Unbalanced, & Vulnerable

Household Portfolios Are Oversized, Unbalanced, & Vulnerable

Once again, household portfolios are oversized and unbalanced, driven higher by a massive gain in a single asset (equities). Unbalanced portfolios have proven to be vulnerable to abrupt and sharp corrections. Will history repeat? The most significant vulnerabi...
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Morgan Stanley Becomes First Major US Bank To Offer Crypto Funds

Morgan Stanley Becomes First Major US Bank To Offer Crypto Funds

Morgan Stanley is about to become the first major US bank to offer its wealth-management client access to cryptocurrency funds. In a major coup for former hedge fund manager Mike Novogratz, a veteran crypto bull who held on during the...
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GE Sells Aircraft-Leasing Unit to AerCap for $31 Billion

GE Sells Aircraft-Leasing Unit to AerCap for $31 Billion

General Electric (NYSE:GE) took the next step in its dramatic transformation under CEO Larry Culp. The industrial titan finalized a deal to sell its GECAS aircraft-leasing business to top rival AerCap (NYSE:AER) as Culp seeks to simplify GE and refocus on...
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ICC Orders US to Pay Iran $37Billion in Illegally Held Assets

ICC Orders US to Pay Iran $37Billion in Illegally Held Assets

Tens of billions of dollars’ worth of Iranian assets remain stuck in US banks, with the vast majority of the funds trapped there in the aftermath of the Iranian Revolution of 1979. US courts have sought to whittle away at...
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GFC Alliance Lost Financing

GFC Alliance Lost Financing

Liberty Steel Group in Dire Straits Again as Mother Company GFC Alliance Lost Financing Sanjeev Gupta stops repayments to troubled lender Greensill Capital amid threat to UK steel jobs. The business empire headed by steel tycoon Sanjeev Gupta has stopped...
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JPMorgan Estimates Up To $316 Billion In Forced Month-End Selling

JPMorgan Estimates Up To $316 Billion In Forced Month-End Selling

In one of latest Flows and Liquidity reports, JPM quant Nick Panigirtzoglou writes that as we approach quarter-end, the equity rebalancing flow question is resurfacing in client conversations. As we notes, “the equity rally and the bond sell-off during t...
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Biden Is 3rd Successive U.S. President To Bomb Syria

Biden Is 3rd Successive U.S. President To Bomb Syria

As U.S. armed forces illegal presence in Syria is not enough for Talmudists, Satanists, Zionists and Neocons, here we have America is back! Joe Biden’s mantra has been particularly on the foreign policy front since taking office. Giving the public and ...
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Some folks just realized that 97% of all cryptos is empty shell

Some folks just realized that 97% of all cryptos is empty shell

Yes, famed Bitcoin constructed by mysterious Nakamoto, who not dare to take a few billions of his fortune, is empty shell. Some folks do not understand this truth, some folks realized this just now. It was very clear, that group...
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Cathie Wood Warns Of Stock Market Correction

Cathie Wood Warns Of Stock Market Correction

ARK Invest’s CIO Cathie Wood joined CNBC’s Scott Wapner last week. She warned of the increasing risk of a stock market correction if rates continue to “sharply” rise. Wood went on to say: “Now one of the things that I found inte...
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U.S. Is Setting Up New Illegal Bases On Sovereign Syrian Territory

U.S. Is Setting Up New Illegal Bases On Sovereign Syrian Territory

It is an escalation of the occupation under the new administration. However, given that most US action in Syria including troop movements and locations at any given moment are classified and done far away from ground-level media reporting, it’s almost ...
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We Officially Have Central Planning With No Plan

We Officially Have Central Planning With No Plan

Rabobank analyst: Yet this is CENTRAL PLANNING WITH NO PLAN. One does not have to be an advocate of MMT to see its promise to directly employ people to do something society wants is more logical than pouring trillions into markets –like candy...
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