https://www.stlouisfed.org/on-the-economy/2023/feb/rising-rates-complicate-banks-investment-portfolios ********** Rising interest rates have prompted both challenges and opportunities for banks over the past year. Bank supervisors are, understandably, urging bankers to pay close attention to a myriad of ways changing interest rates can affect earnings and capital, or what’s termed interest rate risk. While rising interest rates give banks opportunities to increase earnings byContinue reading “Rising Interest Rates Complicate Banks’ Investment Portfolios”
Category Archives: Uncategorized
Bank Bleedout
Credit Suisse lost an unprecedented 111 billion Swiss francs ($120 billion) worth of assets during the three final months of last year, most of which departed in the run up to the big strategy announcement on Oct. 27. Yet the bank ultimately reported almost 30 billion francs more in outflows by the end of 2022,Continue reading “Bank Bleedout”
Monkey Werx Revisits the Nord Stream Hit
Monkey Werx bottom line: Sputnik, the Russian state-owned news agency and radio broadcast service, analyzed Flightradar 24 data showing US and German Navy aircraft regularly circling the sites during Baltops 24 between June 8 and June 16, 2022. The ASW aircraft descended to low altitudes and disabled their transponders in almost every flight to disguiseContinue reading “Monkey Werx Revisits the Nord Stream Hit”
Ukraine (“404”) and NATO Out of Ammo
Intense fighting in Ukraine has caused its military to almost run out of ammunition, with stocks not being replenished in time, Igor Zhovkva, Deputy Head of Ukrainian President Vladimir Zelensky’s office, told Bloomberg. The official also called on the West to provide Kiev with long-range artillery systems, tanks and fighter jets. In an interview with the outlet onContinue reading “Ukraine (“404”) and NATO Out of Ammo”
Corroborating Sey Hersh and the Nord Stream Hit
Sey Hersh: https://seymourhersh.substack.com/p/how-america-took-out-the-nord-stream How America Took Out The Nord Stream Pipeline The New York Times called it a “mystery,” but the United States executed a covert sea operation that was kept secret—until now Seymour Hersh The U.S. Navy’s Diving and Salvage Center can be found in a location as obscure as its name—down what wasContinue reading “Corroborating Sey Hersh and the Nord Stream Hit”
OSINT Brief: Chinese Balloons
And, some appropriate music. You and I in a little toy shopBuy a bag of balloons with the money we’ve gotSet them free at the break of dawn‘Til one by one, they were goneBack at base, bugs in the softwareFlash the message, “Something’s out there!”Floating in the summer skyNinety-nine red balloons go by Ninety-nine redContinue reading “OSINT Brief: Chinese Balloons”
“Russia Doesn’t Bluff”: T-21 days
NY Post: https://nypost.com/2023/02/02/russia-warns-it-will-gain-worlds-attention-year-into-war/ ********** Russia’s top diplomat issued a chilling warning Thursday that Moscow “will do everything” to “gain the world’s attention” on the first anniversary of the war in Ukraine — as the Kremlin was said to be preparing to launch a new offensive with up to 500,000 conscripts. Russian Foreign Minister Sergey Lavrov warned thatContinue reading ““Russia Doesn’t Bluff”: T-21 days”
Burning Down the House
ZH: https://www.zerohedge.com/markets/has-housing-market-bottomed-surprising-result-little-known-market-indicator It may come as a bit of a shock to those who have been following the creeping freeze in housing transactions as the bid-ask spread grows to monstrous proportions, leading to a record crash in pending home sales… … and collapse in US home prices, especially on the West Coast… … but even though mortgageContinue reading “Burning Down the House”
Modern Sitrep – the Gray Zone Spreads West
Tony Blinken begins to flail while Putin says: У нас есть твой номер. Не звони нам. Мы позвоним вам.
John Helmer (Dances with Bears): http://johnhelmer.net/blinken-concedes-war-is-lost-offers-kremlin-ukrainian-demilitarization-crimea-donbass-zaporozhe-and-restriction-of-new-tanks-to-western-ukraine-if-there-is-no-russian-offensive/ ********** David Ignatius (lead image, left) has been a career-long mouthpiece for the US State Department. He has just been called in by the current Secretary of State Antony Blinken (right) to convey an urgent new message to President Vladimir Putin, the Security Council, and the General Staff inContinue reading “Tony Blinken begins to flail while Putin says: У нас есть твой номер. Не звони нам. Мы позвоним вам.”