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ATAF - All True American Friendship 🇺🇸 🤝 🇺🇸 ️🤝 🇺🇸

Logo of telegram channel transamericanfriendship — ATAF - All True American Friendship 🇺🇸 🤝 🇺🇸 ️🤝 🇺🇸 A
Logo of telegram channel transamericanfriendship — ATAF - All True American Friendship 🇺🇸 🤝 🇺🇸 ️🤝 🇺🇸
Channel address: @transamericanfriendship
Categories: Business , Cryptocurrencies , Economy News
Language: English
Subscribers: 5.36K
Description from channel

ATAF - Business, Economy & Stock Market News
ATAF - Association: https://www.transam.org
Economic Market Data in Real-Time:
https://www.ataf.market
ATAFmail is Freedom in Emailing:
https://www.ataf.email

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The latest Messages

2023-04-06 18:47:54
Bond market’s most deeply inverted gauge is pointing to ‘large slowdown in economic growth’ and ‘deep recession’

The most deeply inverted part of the U.S. yield curve is one that hasn’t sent a false signal about the prospects of a U.S. recession in more than a half-century of research.

That’s the spread between 10-year and 3-month Treasury yields, which was around 153 basis points below zero as of Thursday — reflecting a 3-month T-bill rate TMUBMUSD03M, 4.821% that’s trading well above its 10-year counterpart TMUBMUSD10Y, 3.288%. The large difference between the two rates is pointing to the likelihood of a “deep recession,” according to Campbell Harvey, the Duke University professor who pioneered the use of the spread as an indicator of future economic growth.

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58 views15:47
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2023-04-05 16:59:47
Market Analyst Heralds the Collapse of 'Everything,' Calls for Hedging in Gold and Silver Before There Isn't Any Left

Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face of an economy with no buyers, the only hedge will be tangible assets, including gold and silver.

The debt which has built up has now reached levels which means the financial system is now too big to survive.

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135 views13:59
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2023-04-04 20:10:32
To understand America’s future, watch the four mega-states

California and New York on the left, Florida and Texas on the right.

POLITICAL JUNKIES are understandably riveted by what happens in Washington, DC. But if they want to understand where America is heading, they should keep an eye on the states, and especially the four most populous: California, Florida, New York and Texas. Together they are home to more than a third of Americans and produce more than a third of national GDP.

It is not just their size that makes them consequential. The mega-states are pioneering trend-setting policies, which can spread to other states and to Washington, DC. Dividing along ideological lines, the mega-states offer opposing visions for the country’s direction and therefore embody the idea that America is becoming increasingly split.

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160 views17:10
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2023-04-04 18:03:23
How the Federal Reserve Is Now Competing With Banks for Deposits: Enter the Reverse Repo Facility

The U.S. Federal Reserve could be competing with commercial banks due to a facility called the “overnight reverse repurchase agreement facility,” which has currently drawn in more than $2 trillion in deposits. According to analysts, this has affected bank deposits, as investors run to grab the higher yields it offers compared to traditional banks.

While money funds also invest in Treasury bills, when they pile into bills, bill yields call, reducing their attractiveness. It is only the reverse repo with its yields that is insensitive to supply and demand, that serves as a black hole for bank deposits.

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131 views15:03
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2023-04-03 22:16:15
The surprise OPEC+ oil production cuts will increase gas prices — here’s how much

A gallon of gas now costs $3.50 on average. What will OPEC+’s production cuts mean for gas prices?

On Monday, the national average for a gallon of gas was $3.50, according to AAA. That’s around 10 cents more than a month ago, but almost 70 cents less than the $4.19 average cost one year ago.

It’s possible for gas price averages to hit around $3.60 in the next week or so, he said. The other 10 to 15 cents might filter into retail pump prices later this month or in early May.

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179 views19:16
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2023-04-02 17:46:26
BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ summit, according to a top Russian official. “The transition to settlements in national currencies is the first step. The next one is to provide the circulation of digital or any other form of a fundamentally new currency in the nearest future,” the deputy chairman of the Russian State Duma was quoted as saying.

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92 views14:46
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2023-04-02 17:44:08
BRICS Emerges as the World's Largest GDP Bloc, Propelled by China's Rapid Expansion

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%.

Significant economies have already applied to be members of the group, with Saudi Arabia, Egypt, and Bangladesh having acquired equity in the New Development Bank, BRICS’ funding organization. Other countries like Iran, Algeria, Argentina, and Turkey are also interested in joining the bloc.

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82 views14:44
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2023-04-01 14:37:20
ChatGPT banned in Italy

ChatGPT is now banned in Italy.

The country’s data protection authorities said AI service would be blocked and investigated over privacy concerns.

The system does not have a proper legal basis to be collecting personal information about the people using it, the Italian agency said. That data is collected to help train the algorithm that powers ChatGPT’s answers.

Authorities also accused OpenAI of failing to check the age of its ChatGPT users, and not properly enforcing rules banning over 13s. Those young users could potentially be exposed to “unsuitable answers” from the chatbot, given their relative lack of development, authorities said.

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147 views11:37
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2023-04-01 14:32:24
How Bank Crisis Could Lead to CBDC 'Nightmare of Total Monetary Control'

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be done to stop it. The answer to the CBDC “total nightmare of monetary control,” as Corbett puts it, is cash, creativity, and to “choose to inform ourselves about agorism and the countereconomy.”

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123 views11:32
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2023-03-31 18:01:52
Why You Should Think About Maybe Destroying Your Smartphone Now?

So-called ‘smart phones’ — far more accurately described as ‘dumb phones’ — combine a mobile phone with a watch, with a road map, with a tourist atlas of the world, with a digital camera, with a personal stereo system, with a music collection, with a video recorder, with a diary, with a calculator, with a credit card, with a travelcard, with an office key, with a torch, with a newspaper, with a television, with something to read on the train, and probably a lot more.

The kind of digital camp in which you are imprisoned is — literally — in your hands. Get rid of them. Smash them! We have nothing to lose but our chains. We have a world of freedom to win.

You may only use your laptop when you access the internet !!!

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160 viewsedited  15:01
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