LEIBOVIT VR NEWSLETTERS – WEDNESDAY – MAY 15, 2024
The United States is not yet the closest it has ever been to default, but that may soon change. The secretary of the Treasury has indicated that it is unlikely the federal government will have sufficient cash or borrowing authority to pay all anticipated obligations due on June 1. According to a report from late 2023, the National Bureau of Economic Research (NBER) believes that 385 American banks could fail because of commercial real estate loans. That is the big danger we see, bigger than the building owners failing. In fact, one regional bank, Philadelphia’s Republic First Bancorp, failed last Friday.
Not new, but got to watch this clip regarding the FED and printing money
https://tinyurl.com/46nj8bsj
LEIBOVIT VR NEWSLETTERS – ‘TURNAROUND TUESDAY’ – MAY 14, 2024
The United States is not yet the closest it has ever been to default, but that may soon change. The secretary of the Treasury has indicated that it is unlikely the federal government will have sufficient cash or borrowing authority to pay all anticipated obligations due on June 1
Not new, but got to watch this clip regarding the FED and printing money
https://tinyurl.com/46nj8bsj
https://www.howestreet.com/2024/05/gold-oil-dow-real-estate-mortgage-rates-evs-mark-leibovit-hilliard-macbeth-ross-clark-this-week-in-money/
WHO IS MARK LEIBOVIT?
MARK LEIBOVIT is Chief Market Strategist for LEIBOVIT VR NEWSLETTERS a/k/a VRTrader.Com. His technical expertise is in overall market timing and stock selection based upon his proprietary VOLUME […]
