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'Dr Doom' Nouriel Roubini Says Fed's Dilemma Has Transformed Into A Trilemma: 'That Looks Like Mission Impossible'
Friday, April 14, 2023 - 2:38am | 472Read More...Prominent economist Nouriel Roubini, known as “Dr. Doom” for his precise prediction of the 2008 financial crisis, reportedly said the Federal Reserve is staring at a trilemma of maintaining price stability, growth and financial stability which he thinks is “mission impossible....
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Hedge Funds Dismissed Speculation, Reportedly Used Banking Turmoil In March As Buying Opportunity
Thursday, April 13, 2023 - 10:22pm | 422Read More...Hedge funds raised stakes in financial sector stocks amid the banking crisis in March with lower prices presenting buying opportunities, according to a report that cited an S&P Global Market Intelligence note. What Happened: “Hedge funds used the bank stress as an early buying opportunity...
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Bitcoin's Unbreakable Rally: JPMorgan Uncovers The Secrets Behind Crypto's Explosive Growth
Thursday, April 13, 2023 - 1:48pm | 342Read More...Cryptocurrency markets have experienced a significant rebound over the past month, with Bitcoin (CRYPTO: BTC) leading the way, according to JPMorgan Chase & Co. research. The bank highlighted both Bitcoin and gold have seen gains as they are considered safeguards against a potential "...
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JP Morgan Economist Says Powell Hasn't Shown Lot Of Faith In Forecasts: 'He Needs…Actual Evidence That The Economy Is Slowing'
Thursday, April 13, 2023 - 2:17am | 413Read More...JPMorgan Chief U.S. Economist Michael Feroli reportedly said that Federal Reserve Chair Jerome Powell doesn't seem to believe in forecasts and may be looking for real indicators that the economy is slowing. What Happened: "He has shown not a lot of faith in forecasts. I think he needs to see actual...
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Goldman Sachs Economists Now Believe The Fed Won't Hike Rates In June — Here's Why
Thursday, April 13, 2023 - 1:34am | 393Read More...Goldman Sachs economists no longer expect the Federal Reserve to hike interest rates in June, according to a report that cited a research note published on Wednesday. What Happened: “We have taken out the June hike in part because the limited data available so far appear to confirm that...
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Tesla, Alibaba, American Airlines, Warner Brothers, Cutera: Why These 5 Stocks Are Drawing Investors' Attention Today
Wednesday, April 12, 2023 - 9:28pm | 488Read More...U.S. markets ended in the red on Wednesday after Federal Reserve meeting minutes from last policy showed members expected the recent banking crisis to tip the economy into a mild recession later this year. At the same time, U.S. inflation rate slowed more than expected to 5% year-on-year in March...
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Banking Crisis Is How It Starts, Recession Is How It Ends
Friday, March 31, 2023 - 1:02pm | 1837Read More...By Lance Roberts As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something was breaking. As noted recently in “Not QE,” “Last week, amid a rash of bank insolvencies, government agencies took action to stem a potential banking...
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Fed's Neel Kashkari Says Banking Panics Tend To Linger Longer Than Anticipated
Friday, March 31, 2023 - 12:36am | 437Read More...Federal Reserve Bank of Minneapolis President Neel Kashkari reportedly said that banking panics and stresses tend to take longer than anticipated to settle down, and its impact on the economy isn't clear yet. What Happened: "What’s unclear right now is how much of the banking stresses of the...
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Tesla, DWAC, Rumble, IONQ, Metropolitan Bank: Why These 5 Stocks Are Drawing Investors' Attention Today
Thursday, March 30, 2023 - 9:22pm | 509Read More...Major Wall Street indices closed in the green on Thursday, led by gains in technology stocks. However, the Joe Biden-administration's proposal for stricter rules for mid-size banks pulled banking stocks down. Investors also weighed in the release of the U.S. fourth-quarter GDP growth that stood...
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Kevin O'Leary Thinks Small Lenders' Days Are Numbered Now: 'Don't Want To Pay For Every Idiot Banker's Mistakes'
Thursday, March 30, 2023 - 4:10am | 647Read More..."Shark Tank" investor Kevin O’Leary, a businessman and investor, has offered his take on the banking crisis following Federal Reserce Governor Micahel Barr’s Congressional testimony that the central bank is looking to enforce stricter...
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Why Macro Strategist Jim Bianco Prefers 2-Year Treasury Notes Over Nasdaq Composite
Thursday, March 30, 2023 - 1:50am | 509Read More...Jim Bianco, the President of Bianco Research LLC, reportedly said he would choose two-year treasury notes over the Nasdaq Composite index, given the attractive yield and the uncertainty surrounding the economy. Bianco also stated the next rate hike is going to be determined by what would be the...
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Bullish Buy Signals Mark 4200 For Relief Rally
Wednesday, March 29, 2023 - 12:40pm | 2072Read More...By Lance Roberts Despite an ongoing “banking crisis,” investors continue to chase stocks triggering several bullish buy signals. As noted in this past weekend’s newsletter, two primary reasons exist for this current dichotomy. The first is psychological, and the second...
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'Very Big Mistake': Cathie Wood Warns Banking Crisis Could Bleed Into Earnings
Wednesday, March 29, 2023 - 1:21am | 619Read More...Ark Investment Management CEO Cathie Wood repeated her criticism of the Federal Reserve for its policy actions and also delved into the ongoing banking crisis and how it would play out. Another Crisis On Horizon: The liquidity crisis is beginning to get under control, as...
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Elon Musk Flags The 'Most Serious Looming Issue' By Far And Another — Should You Be Worried?
Monday, March 27, 2023 - 1:19am | 623Read More...As the Twitter handle of the “Kobeissi Letter” discussed the ramification of the banking crisis, Tesla CEO Elon Musk highlighted a serious crisis waiting in the wings. What Happened: More than $2.5 trillion in commercial real-estate debt is set to mature over the next five years, the...
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Fed's Dilemma Far From Over? Survey Shows Its Favorite Inflation Gauge Expected To Stay Higher
Monday, March 27, 2023 - 12:07am | 444Read More...The Federal Reserve's preferred measure of underlying price pressures, the Personal Consumption Expenditures price index, is expected to have stayed higher in February according to a survey. According to a Bloomberg survey, PCE price index is estimated to have risen 0.4% in February from a month...















