Bank Term Funding Program (BTRP) is over. Now comes the crisis.

What is bank term funding program? If you don’t remember the collapse of Silicon Valley bank crisis. Here’s a brief recap, Silicon Valley bank balance sheet tells a normal story, nothing alarming until you realized their investment. In year 2020, the Federal Reserve went on a buying spree to buy treasury bonds, the program was …

Gold keeps going up and shows no sign of stopping

Gold price keeps going up due to the fact that geopolitical situation in the middle east could collapse at any moment, the global fiat currency going full-on printing and insatiable demand from central banks despite the fact that retail investors and public are dumping gold ETF. For any gold investor(s), gold is partying like it’s …

Treasury 7-year note auction was mediocre

As you can see on the report. 7-year note auction didn’t went well as dealer (Banks) had to foot 14% of the Note. Dealer will have a hard time selling 14% of the note to their clients. The highest yield was 4.7%, while the average yield was 4.66%. 35% of the note sold was in …

The fiscal stimulus has been loose since May 8, 2020

For all the hoopla and noise about the federal reserve needing to loosen their quantitative tightening (QT) for the last 2 years, the US economy has been on the quantitative easing (QE) since May 8, 2020. Source: Federal Reserve of Chicago. You can find the graph here. As of April 19, 2024, the financial condition …

REPO Act and the consequences of it

REPO Act is essentially to steal the assets of Russia that are held in United State of America to Ukraine. This will send shockwaves to any foreign investors that have investments in the US economy because as soon as the current administration sign it into law, which look to be imminent, foreign investor will flock …

Nuclear Energy = Netzero

Nuclear energy is, clearly, the solution for carbon-free, clean energy to the (insane) net zero agenda that world leaders agreed to many years ago. Yet, it is baffling, rather than streamlining regulations and raising billions of dollars, just like they did for solar and wind energy, the world leaders, in their infinite wisdom, decided to …

Stock market is still overvalue

Buffet indicator which is the ration of total US stock market divided by US Gross Domestic Product (GDP). According to Buffet indicator, values that are above 100% would be considered overvalue. It’s more expensive than it should be. Using this report from the federal reserve to get the US GDP. Taking the US Stock Market …

Credit card and auto loans delinquencies is surpassing pre-covid levels.

You can read the report here. Per the report, from Q3, 2023 to Q4, 2023: Mortgage debt has increased by $112 Billions, HELOC (House Equity Line of Service) debt has increased by $11 Billion, Student debt has increased by $2 billion, Auto Debt has increased by $12 Billions, credit card debt $50 Billions and others …

Beef prices will continue to rise

As of right now, beef prices are going up due to the fact that the industry is quite unpredictable. Weather pattern, diseases, increases in the corn price and so much more. In addition, there was a wildfire in the panhandle area of Texas (where 85% of the state’s herd is located) which brough devastation to …

Does EV have a bright future?

There has been so much talk over the last 6 years about electric vehicles (EV) technology on how it can save the world and improve, overall, the environment. Whether that’s the case or not, remains to be seen. It’s too early to reach a conclusion since the technology is still in its infancy. However, there …

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