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China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets

China’s .3B Divestment in US Treasuries Signals Massive Shift From Dollar AssetsAccording to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury Holdings Drop Dramatically, Raising Red Flags for U.S. Markets China has significantly […]

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Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation

Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost InnovationRenowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller stressed: “Now, you’ve got blockchain, you’ve got AI, you’ve got the whole thing. All […]

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JPMorgan Chase CEO Warns Multiple Headwinds Threaten US Economy, Urges Investors To Avoid ‘False Sense of Security’

JPMorgan Chase CEO Warns Multiple Headwinds Threaten US Economy, Urges Investors To Avoid ‘False Sense of Security’

JPMorgan chief executive Jamie Dimon is warning against becoming complacent as he believes it is within the realm of possibility for the US economy to witness a severe downturn next year. In a new interview with the Wall Street Journal, Dimon says the US economy is doing well this year with strong consumer spending, low […]

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Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression

Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a DepressionRich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that a soft landing for the […]

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Historic Yield Curve Inversion Reaches 656 Days, Echoing Pre-Stock Market Crash Patterns

Historic Yield Curve Inversion Reaches 656 Days, Echoing Pre-Stock Market Crash PatternsBased on the latest data, the yield curve of the U.S. Treasury, which charts the yields for two-year and ten-year bonds, has remained inverted for a total of 656 days. This latest inversion joins previous records set in 1929, 1974, and 2008, all of which preceded substantial declines in the stock market. Recently, market observers […]

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Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes

Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate HikesInflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating interest rates, diverging from market anticipations of rate reductions within the year. Bowman’s concerns primarily […]

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$20,180,000,000,000 Surge in US National Debt Incoming, Says CBO, As Billionaire Paul Tudor Jones Warns ‘Debt Bomb’ is Ticking

,180,000,000,000 Surge in US National Debt Incoming, Says CBO, As Billionaire Paul Tudor Jones Warns ‘Debt Bomb’ is Ticking

The Congressional Budget Office (CBO) is projecting that the US national debt will shatter the $50 trillion mark in the next decade. In a new report, the agency that provides financial and economic data to the US Congress says it expects the country’s national debt to reach $54.4 trillion by the end of 2034. According […]

The post $20,180,000,000,000 Surge in US National Debt Incoming, Says CBO, As Billionaire Paul Tudor Jones Warns ‘Debt Bomb’ is Ticking appeared first on The Daily Hodl.

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‘Big Short’ Investor Says Interest Rate Cuts Would Be a Waste Now, Praises Fed for Engineering Soft Landing

‘Big Short’ Investor Says Interest Rate Cuts Would Be a Waste Now, Praises Fed for Engineering Soft Landing

Investor Steve Eisman, who took short positions against the housing market leading up to the 2008 crisis, believes that it would be ill-advised for the Fed to start cutting interest rates. In a new CNBC interview, Eisman says the US economy looks solid on the back of healthy consumer spending. According to the “Big Short” […]

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Fed Chair Jerome Powell Warns United States on Unsustainable Fiscal Path Amid Record-High National Debt

Fed Chair Jerome Powell Warns United States on Unsustainable Fiscal Path Amid Record-High National Debt

U.S. Federal Reserve Chair Jerome Powell is warning that the government cannot continue on its path of relentless debt accumulation. In a new 60 Minutes interview with Scott Pelley, Powell says the ballooning national debt is becoming a danger to the stability of the US economy. The Fed Chair calls the attention of the US […]

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US Bankruptcies Hit 13-Year High As ‘Bond King’ Jeffrey Gundlach Predicts Massive Recession Incoming

US Bankruptcies Hit 13-Year High As ‘Bond King’ Jeffrey Gundlach Predicts Massive Recession Incoming

Corporate bankruptcies in the United States hit a 13-year high last year as companies struggled to stay afloat amid high interest rates and rising labor costs. New data from market intelligence firm S&P Global shows 2023 saw a total of 642 bankruptcy filings – the highest level since 2010 when there were 827 bankruptcy filings. […]

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