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Record number of UK mortgage deals pulled in one day as market mayhem takes hold

Hundreds of mortgage deal offers in the U.K. have been pulled after market chaos sparked concerns about interest rates rising as high as 6% for 2023.

Oct 15, 2022 by Sophie Kiderlin - CNBC
Finance News
The Federal Reserve Keeps Buying Mortgages

Runaway house price inflation continues to characterize the U.S. market. House prices across the country rose 15.8% on average in October 2021 from the year before. U.S. house prices are far over their 2006 Bubble peak, and remain over the Bubble peak even after adjustment for consumer price inflation.

Jan 09, 2022 by Alex J. Pollock - Mises.org
Finance News
BofA: Central Banks Are Buying $1.3 Billion In Assets Every Hour, Creating A "Frankenbull" Market

One week after BofA CIO Michael Hartnett issued a "code red" for stocks after publishing a report in which he showed that while current market euphoria has surpassed dot com levels, what was going now is absolutely staggering and it's only getting crazier with each passing day and new all

Dec 13, 2020 by ZeroHedge
Finance News
The 2021 Liquidity Supernova: Step Aside Fed - US Treasury Will Unleash $1.3 Trillion In Liquidity

One of the most poignant (and painful to some) lessons of the past decade - especially to contrarian, bearish investors such as Odey and Horseman - is that the Fed can keep print money far longer than any short can remain solvent.

Dec 02, 2020 by Zero Hedge
Finance News
Coinbase Will Suspend All Margin Trading Tomorrow

Coinbase Will Suspend All Margin Trading Tomorrow, Citing CFTC Guidance Crypto exchange Coinbase plans to end all margin trading effective Nov. 25, 2020, due to recent regulations by the Commodity Futures Trading Commission (CFTC). The San Francisco-based trading platform announced Tuesday that it would prevent customers from placing new margin trades beginning at 2 p.m.

Dec 02, 2020 by CoinDesk
Crypto News
Robinhood Trading App Crashes, Traders Experience Tech Issues Right During Huge Price Crash in Bitcoin Markets

Robinhood trading app crashed today and customers were unable to take profits even before the app's crash. Now, users have taken to social to voice their outrage. Robinhood trading app's latest update appears to have broken the platform, causing significant downtime and blocking customer access to funds.

Mar 30, 2020 by Bitcoinist.com
Crypto News
China Braces For December D-Day: The "Unprecedented" Default Of A Massive State-Owned Enterprise

Something is seriously starting to break in China's financial system.

Dec 01, 2019 by Tyler Durden via ZeroHedge
World News



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