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This compilation of financial-related insights includes videos from The Atlantis Report, Lena Petrova, RJ Talks, and Steven Van Metre.
The Atlantis Report shares news of 12 fast food chains shutting down branches. Lena Petrova reports on Germany’s epic fail with the new Qatar gas deal spelling financial doom for Europe’s largest economy. RJ Talks discusses the bank crisis 3.0 starting trouble at PNC bank as layoffs start and loan activity stalls. Steven Van Metre talks about the continuing nightmare as investors brace for this week’s market shockwave.
The Atlantis Report
Oct 15, 2023
As the new year approaches, the fast food industry is undergoing a significant transformation with businesses reviewing their operations and making decisions about the sustainability of their outlets. Intense competition coupled with economic conditions force brands to adapt to changing market trends and close underperforming branches to safeguard future success. Here is a list of 12 fast food chains that are closing restaurants right now.
Lena Petrova, CPA – Finance, Economics & Tax
Oct 15, 2023
Germany’s Epic Fail: Qatar Gas Deal Spells Financial Doom For Europe’s Largest Economy
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RJ Talks
Oct 15, 2023
The 2023 bank crisis may be showing it’s cards again, after the second largest regional bank in the country reported they’ve started to conduct layoffs and cost cutting measures. After reporting a sharp drop in net interest income due to higher rates and lower loan activity. Due in large part to the Federal Reserve’s tighter monetary policy, especially QT or quantitative tightening. Leading to banks tightening their lending standards, making it more difficult for businesses to obtain a loan or find financing.
Could this be a sign of deeper problems at PNC, or is it just good management trying to get ahead of tough economic conditions? Well we look into this together during the video, make sure to watch to see what we find!
There’s another problem PNC Bank faces though, a massive trillion dollar inflow to cash, normal account holders moving their money out of their PNC bank accounts, and into money markets and treasuries. A new record was just hit for year to date money market inflows. All of which hurts banks like PNC, want to know why? Make sure to watch the video!
Steven Van Metre
Oct 15, 2023
The Nightmare Continues as Investors Brace for This Week’s Market Shockwave
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