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Goldilocks "SOFR, Basel lll and more" Thursday 5-11-2023

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ:  Good morning Dinar Recaps,

Goldilocks posted comments and links:

"Synchrony Financial: Q1 2023 Basel III Pillar 3 Regulatory Capital Disclosure Report | MarketScreener"

We are beginning to see several changes to market reports in the mornings. 

More references to SOFR lending practices and Basel 3 Capital requirements.

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There are cautionary remarks taking place at this time in these reports that reminds investors to be aware of forward-looking statements. 

These forward-looking statements cautions speak to uncertainties taking place in the market. 

In other words, look for the Banking System and Market System to begin going into real values at any moment. 

© Goldilocks

Marketscreener-1 LINK

Marketscreener-2 LINK

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Iraq votes on their new Budget May 17.

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Breaking:

Pacwest Bancor sinking shares are 80% year-to-date. Regional Banks are back in the red today.

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"Basic Info. US Producer Price Index is at a current level of 140.86, down from 141.57 last month and up from 137.04 one year ago."

I spent some time taking a look at the PPI Index this morning.

The Producers Price Index is indicating that it is lower than expected.

The current level is 140.86 and down from 141.57 last month.

This indicates that we are in an economic downturn.

© Goldilocks

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Thank you Dinar Recaps

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