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BREAKING: Another Bank Bites The Dust...
Personal Consumption Up, Banks are failing, and the FDIC and Yellen Just Don't Care...
The Daily Ninja 4/27/24
Updates From The Economic Ninja
(4/26/2024)
๐ The Federal Reserve may have to raise rates to get inflation under control, but the general public will blame them for any economic fallout.
๐ The personal consumption expenditures price index excluding food rose above the 2.7% estimate, surprising economists and indicating potential inflationary pressures.
๐ The market anticipates the Fed to lower rates in response to higher inflation numbers, like "monetary heroin" injected into the veins.
๐ค The FED wants to manipulate the economy without people realizing, aiming for a slow and mild approach every 7 to 10 years.
๐ The Federal Reserve's history of interest rate cycles every 10 years can impact real estate market movements.
๐ The reason for strong Tech earnings is because they fired hundreds of thousands of people last year.
๐ The market is not thinking about borrowing costs or mortgage rates, which are actually higher across the board.
๐ The bond Market will raise interest rates if the Federal Reserve doesn't: "if the Federal Reserve doesn't do it don't worry the bond Market's going to do it for them."
(4/26/2024)
๐ฐ US Banks are experiencing the biggest weekly decline in deposits since 9/11, signaling a significant financial shift.
๐ธ Total Bank deposits crashed by a stunning 258 billion as the tax day cometh, showing the impact of tax season on consumer finances.
๐ The idea of raising capital gains could actually hurt the majority of money in the stock market, causing a potential stock crash.
๐ The Federal Reserve's handling of inflation is being questioned, with some suggesting that they may be intentionally causing a slow economic decline.
Rates will lowerโฆ but not yet. Get educated and stay updated on what is going on so you can take action.
-Ninja Out