Financeflux

94 US Banks at ‘Serious Risk’ of Bank Runs, Including BNY, State Street, JPMorgan Chase and Citi: Report94 US Banks at ‘Serious Risk’ of Bank Runs, Including BNY, State Street, JPMorgan Chase and Citi: Report

94 US Banks at ‘Serious Risk’ of Bank Runs, Including BNY, State Street, JPMorgan Chase and Citi: Report

A total of 94 US banks are at significant risk of experiencing bank runs by uninsured depositors if they show…

August 17, 2024
$18,000,000 Allocated for ‘No Strings Attached’ Guaranteed Income Payments in Major US City$18,000,000 Allocated for ‘No Strings Attached’ Guaranteed Income Payments in Major US City

$18,000,000 Allocated for ‘No Strings Attached’ Guaranteed Income Payments in Major US City

A guaranteed income program on the West Coast is preparing to hand out millions of dollars to support at-risk youth.…

August 16, 2024
JPMorgan Chase Raises Probability of Imminent US and Global Recession, Abruptly Shifts Forecast on Fed Rate CutsJPMorgan Chase Raises Probability of Imminent US and Global Recession, Abruptly Shifts Forecast on Fed Rate Cuts

JPMorgan Chase Raises Probability of Imminent US and Global Recession, Abruptly Shifts Forecast on Fed Rate Cuts

JPMorgan Chase is updating its economic outlook amid increasing market turbulence and growing fears of an impending recession. The bank's…

August 16, 2024
‘Perfect Setup’ Forming for Bitcoin As Global Liquidity Ticks Up, According to Analyst Jamie Coutts‘Perfect Setup’ Forming for Bitcoin As Global Liquidity Ticks Up, According to Analyst Jamie Coutts

‘Perfect Setup’ Forming for Bitcoin As Global Liquidity Ticks Up, According to Analyst Jamie Coutts

The chief crypto analyst at Real Vision says the global money supply (M2) metric is showing a "perfect" scenario for…

August 13, 2024
$35,000,000,000,000 US Debt Is Now ‘The Biggest Short’ According to Macro Guru Luke Gromen – Here’s Why$35,000,000,000,000 US Debt Is Now ‘The Biggest Short’ According to Macro Guru Luke Gromen – Here’s Why

$35,000,000,000,000 US Debt Is Now ‘The Biggest Short’ According to Macro Guru Luke Gromen – Here’s Why

Veteran macro investor Luke Gromen warns holders of US Treasuries that their investments will likely turn out to be unprofitable.…

August 13, 2024
Sam Altman-Funded Universal Basic Income Experiment Finds Recipients of Free Money Opt Out of Work – Here’s WhySam Altman-Funded Universal Basic Income Experiment Finds Recipients of Free Money Opt Out of Work – Here’s Why

Sam Altman-Funded Universal Basic Income Experiment Finds Recipients of Free Money Opt Out of Work – Here’s Why

A new universal basic income (UBI) experiment funded by tech billionaire Sam Altman has found people who receive free money…

August 12, 2024
JPMorgan Chase, Bank of America, Wells Fargo and Citi Predict Abrupt Fed Rate Cuts Amid Global Market Turbulence: ReportsJPMorgan Chase, Bank of America, Wells Fargo and Citi Predict Abrupt Fed Rate Cuts Amid Global Market Turbulence: Reports

JPMorgan Chase, Bank of America, Wells Fargo and Citi Predict Abrupt Fed Rate Cuts Amid Global Market Turbulence: Reports

The four largest banks in the US now believe the Federal Reserve is about to cut interest rates amid rising…

August 12, 2024
Mysterious Companies Quietly ‘Taking Over’ Neighborhoods Across US, Squeezing Families Out in Massive Land Grab: ReportMysterious Companies Quietly ‘Taking Over’ Neighborhoods Across US, Squeezing Families Out in Massive Land Grab: Report

Mysterious Companies Quietly ‘Taking Over’ Neighborhoods Across US, Squeezing Families Out in Massive Land Grab: Report

Large, opaque corporate entities are reportedly targeting residential neighborhoods across the US, quietly outbidding everyday Americans chasing the dream of…

August 11, 2024
$90,000,000,000,000 Wealth Transfer Will Severely Disappoint Hordes of Millennials and Gen Zers Expecting Inheritance: Survey$90,000,000,000,000 Wealth Transfer Will Severely Disappoint Hordes of Millennials and Gen Zers Expecting Inheritance: Survey

$90,000,000,000,000 Wealth Transfer Will Severely Disappoint Hordes of Millennials and Gen Zers Expecting Inheritance: Survey

A major expectations gap exists between what older generations plan to hand down and what younger generations expect to receive…

August 10, 2024

$7,162,000,000,000 in Uninsured Deposits Brewing in US Bank Accounts As Customers Risk Zero Protection From Federal Government: Report

Americans are holding a whopping $7.162 trillion in uninsured cash in their bank accounts, according to an under-the-radar report from…

August 9, 2024