Metro Pulse, LLC

Current News and Opinions

 

To those of you unaware derivatives can be construed in some quarters as financial weapons of destruction. The reason is the value of the asset is linked to an UNDERLYING asset class as defined here. (an arrangement or instrument (such as a future, option, or warrant) whose value derives from and is dependent on the value of an underlying asset.) This could be a recipe for disaster as no one really knows what that elusive underlying value asset is meaning if it is a snakebit low interest bond or commercial real estate plummeting value REIT . Banks are allowed a nefarious way to book certain losses on their balance sheets by permission . They do this by defraying the posting for a year or more in a special accounting column that moves the loss out of the immediate public disclosures and gives the bank time to minimize the hit.This cannot be considered a minor adjustment when the sum total of derivative exposure potentially far exceeds underlying asset values. Freezing stock price adjustments ominous signal.

, ,

https://wallstreetonparade.com/2023/08/mega-banks-take-down-stock-prices-af...

Some may say Chicago is a “cold” place on the mean streets of the city but we have to say there is a real chill in the air these days. As we witness record breaking temperatures all around the world this summer, here in the Midwest aside from some sporadic heat waves, it has been a somewhat temperate summer. Drawbacks are several EXTREME rain making events after a mini drought we experienced thru late spring and early summer and substantially increased tornadic activity. But yesterday and this morning, the subtle yet gently present autumn chill could be felt reminding us yet again the seasons change and so do we.

,

My father is rolling in his grave.If he knew I was operating in a state that passed a draconian law like this restricting free speech he would be livid. He worked for the chicago Tribune for 28 years and always taught to speak the truth, ESPECIALLY when it revealed a wrong. He claimed everything else was advertising . I am sick to my stomach to process this and until I move out of state, I am muzzled unless the Supreme Court bounces this out first. But I will be back.

,

https://wirepoints.org/illinois-anti-doxing-bill-becomes-law-the-latest-att...