Opinion: The end of the ‘everything bubble’ has finally hit the banking system. Credit Suisse and SVB might be just the first of many shocks.
Major financial market regime changes typically take place in stages. The crypto meltdown in 2022, for example, incurred about $2 trillion of losses. The technology...
First Republic loses a third of its value amid reports it’s considering a sale
First Republic Bank’s stock rose Thursday after steep losses earlier in the day, following reports that the nation’s largest banks are in talks to provide...
‘The U.S. housing market is crumbling under the weight of higher mortgage rates and rock-bottom affordability’: Prices fell the most in these U.S. states
Americans are finding it hard to afford homes at mortgage levels now beyond 7%, according to some measures. Home prices have begun to reflect that....
Opinion: The stock market’s rally was a head fake and the smart money now is with the bears
The stock market, as measured by the S&P 500 Index SPX, +0.53%, has fallen below the 4100 level. That is significant because there previously was...
Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top...
Opinion: No ‘soft landing’ is in the cards from Fed rate hikes. Look for recession and a buying opportunity once stock prices decline.
Is the bear market of 2022 over? Are we already in the early innings of the next great bull market? The S&P 500 SPX, -0.16%...
U.S. corporate greed has gone too far, says Norway fund manager
“‘We think in particular in the U.S. the corporate greed has just gone too far.’” That’s the head of Norway’s $1.3 trillion sovereign wealth fund,...
Opinion: Opinion: More rotting assets are lurking in the shadows of the financial system
Like a lightning bolt that suddenly throws a landscape into sharp relief, higher interest rates have exposed where the financial system could buckle or break—but...
‘The Fed Is Going to Overdo It’: Financial Markets Finally React to U.S. Central Bank: MW
Financial markets absorb the Federal Reserve’s stridently hawkish interest-rate outlook for 2023, plus fresh signs of a weakening U.S. economy [ad_2] Source link...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
Investors may have gotten overly excited this week about comments from Fed Chairman Jerome Powell. The Fed chief’s suggestion of a 50 basis point hike...