By now we know that US BLS data are totally unrealistic for anyone who lives in the real world. My goal in this article is to demonstrate how, after 2020, the BLS has been literally making up numbers that go against any law of statistics. First of all, let’s start...| JustDario
MR. MARKET HAS BEEN FULLY REPLACED BY MR. DERIVATIVES – OH MAMMA MIA!| JustDario
Newspapers have been cheering up the “deal” this week where Softbank managed Vision Fund successfully sold ARM 25% it owned to… Softbank. In September 2020, $NVDA agreed to buy the whole ARM from Softbank at a $40bn valuation paying in cash and shares (NVIDIA), but it preferred to lose $1.25bn…| JustDario
WHICH BANKS ARE AT RISK OF GOING BUST IN A LIQUIDITY CRISIS BECAUSE ALREADY (RIDICULOUSLY) INSOLVENT?| JustDario
SECTION 899: THE NUCLEAR TARIFF| JustDario
THE AI END GAME: WINNER TAKES IT ALL AND EVERYONE ELSE LOSES MASSIVELY| JustDario
NOT THE START OF THE YEAR EVERYONE EXPECTED. A “LIFETIME #BTFD OPPORTUNITY” OR BETTER TO BE CAREFUL?| JustDario
WITHOUT THE FED BTFP, BANKS WILL NOW HAVE A HARDER TIME TO “HIDE TILL MATURITY” THEIR LOSSES| JustDario
How many “AI” companies are currently listed? No, you should not include those “AI washing” their operations and earnings calls in the count. I refer to companies where AI is their core business, like advertising through internet search for Google, for example. Let me help you out, the number is...| JustDario
“Higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.” This is how on the 5th of November 2010 the almighty Ben Bernanke himself was...| JustDario
Bank of America (#BAC) published its last quarterly financial earnings on July 16, and from the 17th to the 19th, Warren Buffett sold ~34m shares of BAC, cashing out ~1.5bn USD (Buffett’s Berkshire Sells Bank of America Stock Worth $1.5 Billion). Yes, Uncle Warren still holds almost 1 billion BAC...| JustDario
As you know, I recently took a trip to Germany. As always, I mixed pleasure with business, aiming to visit relatives and better understand the German real estate market. I was particularly interested in determining if the on-the-ground situation was as dire as the statistical data suggested, which I previously...| JustDario
In September 2023, I addressed for the first time the (nasty) topic of #banks’ balance sheet health in the “This time is not different” post on X. After that, I expanded the analysis to large US and European banks in “WHICH BANKS ARE AT RISK OF GOING BUST IN A...| JustDario
Three months ago, in “Why a Historical $JPY Currency Crisis Is at the Doorstep of Japan”, we discussed the precarious state of the Japanese yen (#JPY). Considering the volume of JPY printed, the size of Japan’s economy, and its foreign reserves, the yen should have been trading at 298 against...| JustDario
Since my first article on the topic several days ago (WHO ARE TODAY’S “NINJA” SUBPRIME LENDERS? SHOCKINGLY… PENSION FUNDS), where I focused on the fact that pension funds are shockingly the predominant buyers of “Buy Now Pay Later” CLOs, I have continued my investigation into this incredibly obscure part of...| JustDario