Avatar
zerohedge
17b209d34f8fd7c30fde779eb8c3b0c84f724d021ebe6007a5ba70093b2576da
simply streaming @zerohedge on twitter. unaffiliated.

JPM Calculates The Price Of Oil Needed To Plug The Global Supply Shortfall Gap Through 2030 https://www.zerohedge.com/commodities/jpm-calculates-price-oil-needed-plug-global-supply-shortfall-gap-through-2030

Another Top Miner Predicts Copper 'Super Cycle' Amid Supply Shortage Fears Trigger By Energy Transition https://www.zerohedge.com/commodities/another-top-miner-predicts-copper-super-cycle-amid-supply-shortage-fears-trigger-energy

for the first time, the Fed tested for stagflation and concluded that the exploratory market shock... "does not contribute to the capital requirements set by this year’s stress test." https://twitter.com/zerohedge/status/1674161234025893892/photo/1

cheer up UBS, you won't have to bail out CS for a second time https://twitter.com/zerohedge/status/1674159449454288896/photo/1

It's not a true stress test until Credit Suisse passes with flying colors https://twitter.com/zerohedge/status/1674157396589965316/photo/1

"The test's focus on commercial real estate shows that while large banks would experience heavy losses in the hypothetical scenario, they would still be able to continue lending." Because loan demand will soar during a recession?

"This year's stress test includes a severe global recession with a 40 percent decline in commercial real estate prices" - Fed uh, that's how much CRE prices have already fallen

"For the first time, the Board conducted an exploratory market shock on the trading books of the largest banks, testing them against greater inflationary pressures and rising interest rates." - Federal Reserve Probably a good idea to test for rising rates and higher inflation

*BANKS PASS FED STRESS TEST, CLEARING FIRST HURDLE FOR PAYOUTS *ALL 23 LENDERS TESTED ACED ANNUAL EXAM, FEDERAL RESERVE SAYS https://twitter.com/zerohedge/status/1674153423632056321/photo/1