Video Transcript Welcome to Truly Right View Let The Truth Be Told! Are you ready to hear the real truth unfiltered by bias media or government intervention? Subscribe to the Truly Right View Channel this is an absolute tragedy what's happening in the United States right now Americans cannot afford their homes it's no secret that housing prices have skyrocketed ...
Read moreDetailsVideo Transcript Welcome to Truly Right View Let The Truth Be Told! Are you ready to hear the real truth unfiltered by bias media or government intervention? Subscribe to the Truly Right View Channel breaking news as polarizing rumors or disturbing facts erupt in regards to Hurricane Helen the damage that's done and the response from FEMA and our federal ...
Read moreDetailsVideo Transcript Welcome to Truly Right View Let The Truth Be Told! Are you ready to hear the real truth unfiltered by bias media or government intervention? Subscribe to the Truly Right View Channel breaking news as tens of thousands of Bank of America customers have essentially had their money stolen that's right you guys tens of thousands of customers ...
Read moreDetailsVideo Transcript Welcome to Truly Right View Let The Truth Be Told! Are you ready to hear the real truth unfiltered by bias media or government intervention? Subscribe to the Truly Right View Channel where's the money going to come from to cover these bonds and that's the underlying problem anybody that says oh no problem we're just going to ...
Read moreDetailsANTONY DAVIES: Myths about the government debt. Myth number one, the government owes 20 trillion dollars. How much is 20 trillion dollars? Suppose you go to Germany, and in Germany, you go to every town. In every town, you visit every store. In every store, you look at every shelf and grab everything that is for sale. The amount of ...
Read moreDetailsWhat happens when the debt cannot be repaid for an individual or even a business when the debt exceeds the ability of the borrower to pay back some sort of agreement is reached between the borrower and the lender sometimes that agreement simply looks like I can't pay anything you're not getting anything Back sometimes that agreement looks like Hey ...
Read moreDetailsCalifornia-based First Republic Bank becomes the third U.S Bank this week rescued from collapse the confusion of 30 billion dollars to save the troubled lender came from 11 of the nation's largest financial institutions Bank of America City JPMorgan Wells Fargo all contributing five billion dollars of deposits each Goldman and Morgan Stanley Each depositing two and a half billion ...
Read moreDetailsMARIA: WELCOME BACK. LET'S CHECK MORTGAGE RATES. THE 30 YEAR FIXED MORTGAGE RATE FALLING FOR A FOURTH WEEK IN A ROW, DOWN NOW TO 6.19% THIS WEEK. JOINING ME NOW TO TALK ABOUT HOUSING AND CONSTRUCTION IS THE CEO OF PULTE CAPITAL, BILL PULTE IS HERE. BILL, GREAT TO SEE YOU. THANKS SO MUCH FOR BEING HERE. >> THANK YOU, ...
Read moreDetailsForeign good morning it's Jeffrey Christian of CPM grip it's about 11 35 on Tuesday the 4th of April here in New York A lot's happening right now gold prices have spiked to higher the today they've gone up to about 2043 close to their record intraday high of 2060 something last March Silver is over 25 dollars it's up ...
Read moreDetailsIf you've been watching headlines lately you'd be forgiven for thinking that the worst of the bond be Market is over treasuries have been rallying recently interest rates for bonds have been dropping the market is pricing in rate cuts by the fed and it seems like the only question is when will they cut Rates and how many times ...
Read moreDetailsLimited supply is driving up housing prices in Orange County, with sales records indicating declining inventory and an uptick in price in June as compared to the same time last year. “It’s not insatiable demand,” Steven Thomas, founder of Reports on Housing—which publishes biweekly analyses of the real estate industry since its founding in 2004—told The Epoch Times. “It’s actually ...
Read moreDetailsThe major U.S. banks are set to report the biggest jump in loan losses since the COVID-19 pandemic, as rising interest rates put mounting pressure on borrowers across the country. America’s top lenders are expected to release their second quarterly earnings reports this week, with JPMorgan, Wells Fargo, Citigroup, and BlackRock releasing theirs on July 14. Bank of America and ...
Read moreDetailsInterest rates are likely to be raised a “couple” of more times this year as inflation is still far too high, says the head of the Federal Reserve Bank of San Francisco. Despite price pressures slowing, San Francisco Fed Bank President Mary Daly believes the institution needs to continue raising interest rates, a policy decision that requires a balancing act ...
Read moreDetailsBanks have questions to answer about how quickly they have been passing on interest rate rises to savers, a Cabinet minister has said. Last week, the Bank of England raised interest rates from 4.5 to 5 percent, a level last seen in April 2008. It was the 13th consecutive rate increase in 18 months, putting increased pressure on mortgage holders. ...
Read moreDetails“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40 percent of GDP—not good, but ...
Read moreDetails“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40 percent of GDP—not good, but ...
Read moreDetailsNew data show that delinquency rates are rising across the U.S. marketplace as consumers contend with high inflation, real negative wage growth, and rising interest rates. According to the Federal Reserve Bank of New York’s (FRBNY) Household Debt and Credit Report, the overall flow into serious delinquency rate (90 days or more delinquent) rose to 1.08 percent in the first ...
Read moreDetailsNews Analysis A storm is brewing in the U.S. commercial real estate market, says Charles Munger, vice chair of Berkshire Hathaway. During an interview, the 99-year-old legendary investor told the Financial Times that U.S. banks have plenty of “bad loans” and will be vulnerable when the “bad times come” and commercial property prices crater. “It’s not nearly as bad as ...
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