This compilation of financial-related insights includes videos from The Atlantis Report, Liberty and Finance, and Reventure Consulting.
The Atlantis Report shares news of Home Depot’s stock signaling a massive drop coming and 800 CEOs sending a warning to Americans.
Andy Schectman, CEO and president of Miles Franklin joins Liberty and Finance to discuss how we’re witnessing the Dollar hegemony dying by a thousand cuts.
Reventure Consulting talks about Bank of America’s earnings plunging 50% as accounts are being liquidated.
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The Atlantis Report
Jan 16, 2024
Home Depot has stood as a titan of the American retail landscape for years, its orange aisles synonymous with weekend projects and DIY dreams. But cracks have begun to appear in the home improvement giant’s facade, sending tremors through the financial markets and sparking whispers of a deeper economic unease. The company has been a consistent performer in the past, delivering strong sales and earnings growth, as well as generous dividends and share buybacks. However, in recent months, Home Depot’s stock has been under pressure, falling 10% since the beginning of the year. What is behind this decline, and what does it mean for the future of the company and the industry? Home Depot’s stock is warning us something is wrong.
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The Atlantis Report
Jan 16, 2024
In an unprecedented move, 800 CEOs have collectively sounded the alarm, sending a massive warning that reverberates across the nation. As we delve into the heart of the matter, it is apparent that the economic landscape of America is on the brink of seismic shifts.
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Liberty and Finance
Premiered Jan 16, 2024
The BRICS bank will be issuing bonds and only selling them in exchange for local currencies, bypassing the US dollar. “What we are witnessing with Dollar hegemony is d---h by a thousand cuts,” says Andy Schectman, CEO and president of Miles Franklin. The BRICS nations have now added five more countries to their alliance including Saudi Arabia and Iran.
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Reventure Consulting
Jan 16, 2024
Bank of America just reported that their earnings collapsed by -56% YoY, a signal that the US economy and banking sector might not be as healthy as things appear.
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Of particular concern was Bank of America reporting a big surge in loan losses – called “charge-offs”. These charge-offs surged by over 70% YoY and are now higher than pre-pandemic levels. Especially for credit cards, where the charge-off rates spiked as cash-strapped borrowers struggle to pay their credit card bills.
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