“WARREN”izing on the stock market

by Michael E Dehn | Aug 9, 2023 | Banking and Finance, consumer spending and sentiment

https://www.msn.com/en-us/money/topstocks/warren-buffett-s-33-billion-ominous-warning-to-wall-street/ar-AA1eZYLG?ocid=msedgdhp&pc=U531&cvid=c0c7612b1b9e4153b53d45861803941c&ei=19

Many have pontificated on the feasibility of a WE CHAT like super app for the USA but this article lays the case the fundamentals are staring right at half the population right now…

by Michael E Dehn | Aug 8, 2023 | Banking and Finance, Breaking News, Crypto considerations

https://thefinancialbrand.com/news/digital-banking/mobile-banking-trends/is-americas-superapp-already-here-apple-is-far-ahead-of-twitter-165203/?edigestT1+2

This does not look good for the economy moving forward. Not so much because of the individual downgrades to certain banks noted here, but because coupled with current Federal Reserve directives mandating higher capital reserves for banks over 100B in assets which many of these are, it forces banks to reduce lending on all fronts which is NOT GOOD for economy.

by Michael E Dehn | Aug 8, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Humanoid endeavors, Latest News, Media

Moody’s Cuts Credit Ratings on 10 Banks; Places 4 of the 15 Largest Banks in U.S. on Review for Possible...

As we post this, keep in mind Google is also facing a MAJOR anti trust investigation in DC set to go to trial shortly.

by Michael E Dehn | Aug 8, 2023 | AI artificial intelligence, Banking and Finance, Breaking News, Censorship, consumer spending and sentiment, Latest News, Media, Technology

https://www.reuters.com/technology/google-fails-end-5-billion-consumer-privacy-lawsuit-2023-08-08/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Technology-Roundup&utm_term=080823

“FINTECH”ing with Marcel in Europe on this day 8/8 2023

by Michael E Dehn | Aug 8, 2023 | Banking and Finance, Breaking News, Fintech, International insights

https://marcelvanoost.substack.com/p/fintech-europe-2023-32?utm_source=substack&utm_medium=email

Banking on THE BANKS being “banked”….hopefully. Remember, similar red flag warnings from Moody’s (owned by Berkshire Hathaway) were issued FOR MONTHS prior to the SVB collapse earlier this year.

by Michael E Dehn | Aug 8, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

https://www.reuters.com/business/finance/major-us-banks-downgraded-by-moodys-worsening-outlook-2023-08-08/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Global-Investor&utm_term=080823