1 Mar 2024
New York Community Bank $NYCB crashed 20% in after hours trading citing "material weakness in internal controls."
The weakness is reportedly related to loan review resulting from ineffective oversight and risk assessment. NYCB is the same bank that acquired the collapse Signature Bank during the regional bank crisis. This comes just weeks after the bank posted an unexpected $260 million loss in Q4 2023. The stock is now at its lowest level since 1997. Source: The Kobeissi Letter
1 Mar 2024
BREAKING >>> SNB Chairman Thomas Jordan to step down at the end of September 2024
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1 Mar 2024
Since inception, Bitcoin ETFs have seen +$7.4BN flows while Gold ETFs have seen $2.9BN outflows...
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1 Mar 2024
Ranked: The Largest stock markets over time, by Country (1970-Today) 📈
Source; Visual Capitalist
1 Mar 2024
Here's the periodic table of asset classes👇
The darker the color - the higher the risk 🚨 The more on the right the asset is - the less liquid it is Source: Linas Beliunas h/t John Kador & Kathleen Kowal
1 Mar 2024
NEW: Bitcoin just passed the Russian ruble and is now the 14th largest currency in the world 🔥
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1 Mar 2024
Supercore PCE MoM exploded, highest since Dec 2021
Source: www.zerohedge.com, Bloomberg
1 Mar 2024
Today's report unveiled the largest positive surprise in US personal income since the surge in consumer prices began in 2021
Source: Tavi Costa, Bloomberg
