Mario Nawfal

BREAKING: Moscow Blame US for Attack on Kremlin The Moscow spokesman has accused the US of being responsible for the attempted attack on the Kremlin and on Putin. However, the White House has denied these allegations. This represents a major escalation and could potentially lead to a NUCLEAR war. Kremlin spokesman Dmitry Peskov stated, "Attempts to disown this attack, both in Kiev and in Washington, are absolutely ridiculous. We know very well that decisions about such actions, about such terrorist attacks, are made not in Kiev but in Washington." In response, White House spokesman John Kirby has accused Peskov of lying and stated that the United States did not encourage or enable Ukraine to attack outside its borders. He also stated that it was still unclear what exactly had occurred at the Kremlin. Who was the behind the attack on the Kremlin?

BREAKING: Western Alliance Stock Collapses After Reports of Sale By The Financial Times Western Alliance, a regional bank with $71 billion in assets, was reported by the FT that it exploring a potential sale as it becomes the latest US regional bank to seek a lifeline. The news rattled the market and shares collapsed by over 60%. Western Alliance claim the story is “categorically false” and they are “considering all our legal options” This story highlights 3 important points: 1. Panic within the banking sector is the highest it’s been since 2008 2. Mainstream media needs to be careful as they are still trusted by most, especially in the finance world 3. Information spreads fast and regulators are not ready BUT, the pain doesn't end there... PacWest, another bank that has unnerved investors, announced that it too was exploring its options. All this within 24 hours of Fed Chair Jerome Powell reassuring everyone "the US banking system remains sound and resilient." I understand he needs to ease fears, but lying like this will only loose the Fed credibility. We don't want the Fed to have Cramer's reputation, and we already know the Fed had concerns around SVB before they collapsed, showing they know more then they let out. Even banking executives agree that things are bad. They all came together yesterday to request the FDIC and Treasury Secretary Janet Yellen to increase the guarantee limit for bank deposits to more than the current $250k limit. Regional banks are getting SLAUGHTERED, and JPMorgan's regulator-brokered takeover of First Republic did nothing to ease fears or slow the sell-off. Western Alliance have said that all reports of a sale are false. But with share prices tumbling is there an alternative solution?

🚨BREAKING: PacWest Bank Tanks - Next Banking Domino To Fall? PacWest Bancorp just collapsed 40% as Bloomberg broke a story about the bank weighing a range of strategic options, including a sale. Unidentified sources claim PacWest has been working with a financial adviser and has also been considering a breakup or a capital raise. They've been struggling to sell the business as there aren’t many potential buyers interested in the entire bank, and there's a risk the buyer would book a big loss marking down some of the bank's loans. With SVB, Credit Suisse, First Republic and now PacWest, the banking sector is cratering as the Fed continues to focus on inflation. Will PacWest finally force the Fed to pivot?

🚨BREAKING: 25bp Fed Rate increase. FOMC Press-Conference Starting. How are markets reacting? Could bank runs continue? The conference is about to start, let's see what Jerome Powell says: (A LIVE Thread) t.co/4sI3isDiY4

LIVE: Fed decision in 15 minutes. CME predicts an 82% probability of a 25bp rate hike. How will the market react? What will Powell say in the press conference? t.co/7fzbOIJlRO

Former NYC Mayor Rudy Giuliani & Lt. Gen. Michael Flynn are joining the Roundtable TONIGHT to talk all things Trump, Biden, Russia, and more. What would YOU like to know from them?

BREAKING: A group of lawmakers, including Sen. Elizabeth Warren and Rep. Pramila Jayapal, urged the Fed to halt its rate hikes to “avoid engineering a recession that destroys jobs and crushes small businesses.” Pramila and Boyle raised their concerns about the Fed’s monetary policy strategy and its “potential to throw millions of Americans out of work,” in a letter Monday to Fed Chair Jerome Powell. The letter was sent ahead of the Fed’s anticipated rate hike announcement Wednesday. It would be the 10th increase since last year, as the central bank has tried to tame inflation. Some expect the Fed to pause hikes after Wednesday. The irony of politicians presenting themselves as economists in order to secure votes is striking.

BREAKING: US Banking Crisis - Bank Shares Plummet Shares of major U.S. regional banks fell further on Tuesday in the aftermath of the collapse of First Republic Bank, the largest U.S. bank failure since the 2008 financial crisis. Shares of PacWest Bancorp tumbled nearly 30%, while Western Alliance Bank and KeyCorp fell 21% and 10%, respectively. The KBW Regional Banking Index was down 5.2%, hitting its lowest since December 2020. Experts warn “If a 'confidence crisis' can happen to First Republic, it can happen to any bank in this country.” Analysts from Evercore ISI speculate on the implications of JPMorgan being the government's first line of defense in the event of such a crisis. The repercussions of our insatiable greed and reckless money printing have led us to the dire state in which we find ourselves YET AGAIN! Things could get MUCH worse if the Fed doesn’t pivot.

BREAKING: Vice Almost Bankrupt The company has been struggling to find a buyer this year, and the bankruptcy filing could come in the upcoming weeks. Vice News made headlines with their hit-piece against @cobratate, but the documentary was debunked upon its release. With the news that Buzzfeed was closing earlier today, this is now the second publication to do so in as many weeks. NYT must be terrified as they cover this story 😅

BREAKING: JPMorgan could be Liable for Epstein Sex Trafficking According to a Reuters, a US judge has ruled that JPMorgan Chase & Co could be held liable for damages resulting from Jeffrey Epstein's sex trafficking activities if it is found that the bank's former CEO, Jes Staley, had knowledge of Epstein's illegal activities. The ruling came in response to a lawsuit filed against the bank by a victim of Epstein's sex trafficking who alleges that Staley had a close relationship with Epstein and was aware of his criminal conduct. The judge rejected JPMorgan's argument that it could not be held liable for Epstein's actions because the bank did not have a direct relationship with the victim. The case is one of several lawsuits against JPMorgan related to its relationship with Epstein, who was a client of the bank for many years. Can JPMorgan be held accountable despite their immense power?

❗IMPORTANT UPDATE: We've been doing non-stop spaces for weeks, not skipping a day, so I decided to give the team a break tonight as I fly out of NY It's been an INSANE 12 months with crazy guests: - @elonmusk - Hunter Biden - Mark Cuban - Marc Andreessen - Rudy Giuliani - Congressman Thomas Massie - Congresswoman Lauren Boebert - Kari Lake - Alex Stein - SBF - Bill Ackman - Eric Weinstein and too many others to list... Who's been your favorite and who should we have on next? P.S. Lt. Gen. Michael Flynn (@GenFlynn) will be joining us tomorrow

BREAKING: If Congress does not raise or suspend the debt limit, the Treasury Department will be unable to continue to satisfy all of the government's obligations by early June 1. According to a recent letter sent by the US Treasury Secretary, Janet Yellen: 1) Congress needs to act as soon as possible to increase or suspend the debt limit. If this is not done, the government will be unable to satisfy all of its obligations by June 1, 2023, potentially causing severe harm to American families and impacting the country's global leadership position. 2) Yellen notes that it is impossible to predict the exact date when the Treasury will be unable to pay the government's bills, but it is imperative that Congress acts soon to increase or suspend the debt limit. 3) The Treasury is also suspending the issuance of State and Local Government Series (SLGS) Treasury securities, which will deprive state and local governments of an important tool to manage their finances. 4) She said the past has taught us that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short term borrowing costs for taxpayers, and negatively impact the credit rating of the United States. Therefore, Congress must act quickly to prevent this from happening. Is this the start of another financial crisis?

You have every right to make fun of me... t.co/X7cvJ4N1Gl

BREAKING: JP Morgan Profits Massively While The Fed Panics From A Banking Contagion JP Morgan just said it’s acquisition of First Republic will generate an IMMEDIATE gain of $2.6 billion and $500 million in yearly profit. On top of all this, the FDIC is covering $13 billion in losses and providing $50 billion in financing CONCLUSION: The Fed Is TERRIFIED more banks will fail, so they want to make sure the First Republic acquisition goes smoothly to keep confidence high, and they did this by heavily supporting JP Morgan. But... commercial real estate is cratering. If that happens, the dominoes will almost certainly fall. Warren Buffet's right hand man Charlie Munger confirmed my fears yesterday by warning about banks' exposure to bad commercial real estate loans. The worst is not over...

🚨BREAKING: First Republic Bank Is Seized & Sold to JPMorgan in Second-Largest U.S. Bank Failure The FDIC avoided another banking crisis by seizing First Republic and selling it to JP Morgan, including all $103.9 billion in deposits and $229.1 billion in assets. First Republic represents the second largest bank failure in the US, loosing $100 billion in deposits 2 months ago after the fall of Silicon Valley Bank 3 of the 4 largest-ever bank failures have now taken place in the past 8 weeks: First Republic, Silicon Valley Bank and Signature Bank. We also saw the spectacular fall of Credit Suisse in March, bailed out by the Swiss National Bank and acquired by UBS. Most analysts don’t expect First Republic to cause a domino effect like we saw in 2008. I don't understand how they can come to such a conclusion when we know banking is a confidence fame. Remember, in the US we have a factional reserve system, meaning banks only need to hold 10% of the funds customers deposit. So a relatively small panic can cause a bank run. FDIC insurance can only do so much to restore confidence in such an environment, especially in today's world where information and fear spreads faster than ever before. As the Fed continues to fight inflation by raising interest rates, we are seeing more and more cracks in the system. Are you worried of more banks failing? Could we see a similar economic collapse as 2008?

🚨BREAKING: A massive barrage of cruise & hypersonic missiles, one of the largest since the war broke out, is incoming from Russia towards Ukraine The missiles are expected to reach their targets imminently. Air sirens should start any minute. Launch Commands are still being put out over the Russian Strategic Net The Head of Ukraine's presidential office says "do not ignore the air raid alerts"

Former Republican Governor Arnold Schwarzenegger believes the Dems will have an easy win if Trump is the nominee. He’s sad Republicans can’t find a “new talent, a new face, a reasonable, smart, intelligent person that can lead this country in a Republican way” Arnold believes the GOP is digging their hold "deeper and deeper" as Trump has 'no way of winning again' Is Arnie right? Can Trump become President again?

Whether or not you believe the US elections were fraudulent, we can all agree that trust in the system is at an ALL TIME LOW A democracy CANNOT FUNCTION without elections I just asked @KariLake HOW this trust can be regained. Join the space, LIVE NOW t.co/2f0Ne6WE7n

Was an absolute pleasure to meet Robert Wolf on my second day in NY

Thinking about going to to L.A. for a day for more meetings...

🚨BREAKING: Epstein’s Private Calendar Includes CIA Chief, Obama's White House counsel And Other Prominent Names New never-seen documents obtained by the WSJ reveal more meetings with Epstein. Here's the notable names: - Kathryn Ruemmler, a White House counsel under President Barack Obama, had dozens of meetings with Epstein in the years after her White House service and before she became a top lawyer at Goldman Sachs Group Inc. in 2020. They also planned a visit to Epstein’s island Reason Given: Business relationship as she worked at the law firm Latham & Watkins. Epstein introduced her to various potential clients including Bill Gates and Ariane de Rothschild. - Leon Botstein, the president of Bard College, invited Epstein, who brought a group of young female guests, to the campus Reason Given: To get donations to his school. - Noam Chomsky, a professor, author and political activist, was scheduled to fly with Epstein to have dinner at Epstein’s Manhattan townhouse Reason Given: To discuss “Israel’s policies with regard to Palestinian issues and the international arena.” - CIA Director Mr. Burns met with Epstein about a decade ago as he was preparing to leave government service, apparently to seek "advice on transition to the private sector" as he was leaving the CIA. Reason Given: Claims he "did not know anything about Epstein, other than that he was introduced as an expert in the financial services sector and offered general advice on transition to the private sector,”

Billionaire Ray Dalio Warns US and China 'on the brink' of war and 'beyond' ability to talk On his way back from China, Dalio posts an article talking about the "great power conflict" between the US and China. According to Dalio, both countries "are very close to crossing red lines that, if crossed, will irrevocably push them over the brink into some type of war that damages these two countries and causes damage to the world order in severe and irrevocable ways — like Russia’s invasion of Ukraine did for Russia and the world, just much bigger." Dalio joins a growing list of leaders warning of a US-China conflict. If this happens, it will at best cripple the world economy, worse case destroy the world we live in. Both countries need to talk, and a resolution is needed for Taiwan. China continue's to expand it's sphere of influence (see recent events in Asia and the Middle East) and its efforts to de-dollarize the world If there's one thing we learned from the war in Ukraine, it's that internationalization and economic interdependence are not sufficient for lasting world peace.

🚨EXCLUSIVE: We’re going LIVE with @KariLake to discuss what’s next for her, the Republican Party, as well as how confidence can be restored in the US election system. What would you like to ask? t.co/2nRGaxIL4I