Financeflux

JPMorgan Chase, Bank of America and Citibank Flagged for Holding Trillions of Dollars in Derivatives Without Proper Contingency Plans: ReportJPMorgan Chase, Bank of America and Citibank Flagged for Holding Trillions of Dollars in Derivatives Without Proper Contingency Plans: Report

JPMorgan Chase, Bank of America and Citibank Flagged for Holding Trillions of Dollars in Derivatives Without Proper Contingency Plans: Report

US regulators are flagging JPMorgan Chase, Bank of America, Citibank and Goldman Sachs over the banks' contingency plans for trillions…

June 22, 2024
$63,000,000,000 in US Treasuries and European Bonds To Be Liquidated As Unrealized Losses Hammer Major Bank in Japan$63,000,000,000 in US Treasuries and European Bonds To Be Liquidated As Unrealized Losses Hammer Major Bank in Japan

$63,000,000,000 in US Treasuries and European Bonds To Be Liquidated As Unrealized Losses Hammer Major Bank in Japan

A banking giant in Japan has announced a plan to liquidate $63 billion in US and European treasuries in an…

June 21, 2024
$2,376,000 in Free Money Up for Grabs As US City Launches Universal Income Pilot Program$2,376,000 in Free Money Up for Grabs As US City Launches Universal Income Pilot Program

$2,376,000 in Free Money Up for Grabs As US City Launches Universal Income Pilot Program

A city on the West Coast is preparing to roll out a new guaranteed income pilot program. The Pomona Household…

June 21, 2024
US National Debt Surges $69,417,431,854 in One Day, Reaching All-Time High of $34,750,498,829,987US National Debt Surges $69,417,431,854 in One Day, Reaching All-Time High of $34,750,498,829,987

US National Debt Surges $69,417,431,854 in One Day, Reaching All-Time High of $34,750,498,829,987

The US national debt just surged to a new all-time high of $34.75 trillion. The new milestone comes after the…

June 19, 2024
Billionaire Chamath Palihapitiya Says Fed Under Pressure To Aggressively Cut Interest Rates – Here’s WhyBillionaire Chamath Palihapitiya Says Fed Under Pressure To Aggressively Cut Interest Rates – Here’s Why

Billionaire Chamath Palihapitiya Says Fed Under Pressure To Aggressively Cut Interest Rates – Here’s Why

Billionaire venture capitalist Chamath Palihapitiya says economic conditions will force Fed Chair Jerome Powell to cut rates more than once.…

June 16, 2024
Economist Henrik Zeberg Says Altcoins Set To Go ‘Flying’ in Blow-Off Top Style Euphoric Bull RunEconomist Henrik Zeberg Says Altcoins Set To Go ‘Flying’ in Blow-Off Top Style Euphoric Bull Run

Economist Henrik Zeberg Says Altcoins Set To Go ‘Flying’ in Blow-Off Top Style Euphoric Bull Run

Economist Henrik Zeberg says that the altcoin market is setting up for a parabolic run to new highs before the…

June 10, 2024
Russia, China Developing ‘Independent Payments System’ To Ditch US Dollar, Avoid ‘External Interference’: Vladimir PutinRussia, China Developing ‘Independent Payments System’ To Ditch US Dollar, Avoid ‘External Interference’: Vladimir Putin

Russia, China Developing ‘Independent Payments System’ To Ditch US Dollar, Avoid ‘External Interference’: Vladimir Putin

A group of economically-aligned nations say they're building an "independent payments system" in a move away from the US dollar.…

June 8, 2024
US National Debt Hits All-Time High of $34,667,000,000,000 As CBO Warns Rising Debt Will Reduce Americans’ IncomeUS National Debt Hits All-Time High of $34,667,000,000,000 As CBO Warns Rising Debt Will Reduce Americans’ Income

US National Debt Hits All-Time High of $34,667,000,000,000 As CBO Warns Rising Debt Will Reduce Americans’ Income

The US national debt just hit a new all-time high of $34.667 trillion. New numbers from the Treasury Department's Debt…

June 7, 2024
China Dumps $101,900,000,000 in US Treasuries in 12 Months As Fed Governor Dismisses ‘Imminent Demise’ of US DollarChina Dumps $101,900,000,000 in US Treasuries in 12 Months As Fed Governor Dismisses ‘Imminent Demise’ of US Dollar

China Dumps $101,900,000,000 in US Treasuries in 12 Months As Fed Governor Dismisses ‘Imminent Demise’ of US Dollar

New numbers show China has sold $101.9 billion in US Treasury securities over the past 12 months. The Treasury Department…

June 1, 2024

JPMorgan Chase CEO Warns ‘Extraordinary’ Government Spending Will Trigger Major Economic Fallout: Report

JPMorgan Chase CEO Jamie Dimon just issued a major warning on where he believes the US economy is heading. At…

May 30, 2024