Interest expenses at big US banks
are rising much more quickly than
interest income. Across the six
largest US banks, interest expenses
are set to climb to roughly $78.7
billion from $15.5 billion in the
same period last year |
00:01 -
18/07/22 |
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The average price of a used Tesla continues to hit new
all-time lows and is now $24k lower than its peak just a
year ago |
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AI-Related Stocks Drove Virtually All S&P 500 Returns This
Year
SPY |
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The "Dominant Currency Paradigm" gave devaluations a bad
name, on the grounds that Dollar invoicing prevents any lift
to exports. This just isn't true. The bigger and more
permanent is devaluation, the bigger the lift to exports
(lhs) and the bigger is import contraction (rhs) |
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Credit card loans 30+ days late to small banks recently hit
7.24% — an all-time high |
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