Tyler Durden – DIGIT INFO

Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling

DIGIT — Mon, 20 Sep 2021 19:00:34 +0000

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit contagion. Credit problems with China’s real estate industry have affected global markets […]

Go to Source

Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’

DIGIT — Sun, 31 Jan 2021 20:00:32 +0000

The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.” Moreover, Interactive Brokers founder Thomas Peterffy made similar comments this week […]

Go to Source

Let Them Eat Cake: Congress Approves a $900 Billion Stimulus Package, Billions in Pork Funds, Federal Employees Get a Raise

DIGIT — Wed, 23 Dec 2020 02:18:38 +0000

The United States Congress has approved a $900 billion Covid-19 relief package that’s tethered to the government’s $2.3 trillion year-end funding plan. Of course, talks of Americans getting $600 checks have started to circulate online, but reports also include the discussions of unwarranted spending and unlimited pork funds. $600 Is the Equivalent of Marie Antoinette’s: […]

The post Let Them Eat Cake: Congress Approves a $900 Billion Stimulus Package, Billions in Pork Funds, Federal Employees Get a Raise appeared first on Bitcoin News.

Go to Source