The polling organization, Gallup, conducted a survey between June 1-22 to update its annual poll that measures the confidence that Americans have in key U.S. institutions. Banks, as might be expected, continued their downward trend, registering an abysmal 26 percent…
What Is Happening In the U.S. Today Posted by Phoenix Capital Research By Graham Summers, MBA As I’ve noted in our last two articles, the $USD has begun a significant decline against most major currencies (the Euro, the Pound and…
On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country club” HNewsWire: By Pam Martens and Russ Martens: June 29, 2023 ~ James S. Crown On Sunday, James S. Crown died…
Renowned Bitcoin hater Peter Schiff has once again cast doubt on the cryptocurrency’s long-term sustainability. Schiff recently expressed skepticism regarding the recent Bitcoin rally that saw its market capitalization earlier reach an impressive $31,000. According to Schiff, the current surge…
German conglomerate Siemens was reportedly the first company to process euro-denominated payments using JPM Coin… The United States-based investment bank JPMorgan is expanding the implementation of one of its major blockchain projects into traditional banking. JPMorgan has deployed its blockchain-based…
If there is one constant during earnings season, it is that no matter what the other banks do, Wells Fargo will always shit the bed, and this time was no different, with the stock sliding after reporting that Q3 earnings…
As the world obsesses over Trump’s taxes or whether or not he is using oxygen during his covid hospitalization, the biggest overhaul in monetary and currency history is quietly taking place just behind the scenes. Just two weeks ago, Cleveland…
For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way, by collecting the interest arb on loans they had made, or even by frontrunning the Fed with their prop (and…
Is the death of Wall Street equity research finally at hand? Because who needs an expensive team of analysts when clients can easily reap double-digit returns by dumping their money into passive funds? The fact that sell-side research departments have been…
The identity and actions of these world powers are described primarily in Daniel, Ezekiel, and Revelation. The king of the west is the Antichrist who will lead the ‘revised’ Roman Empire [the seventh kingdom] and its western allies. The ‘revised’ Roman Empire today is the European…
