Last week, I warned readers that the banking headlines were not over. US regional banks saw their deposits drop as they released Q1 earning reports. Many customers have been…
Banks
As earnings continue to come out mixed, and raising the probabilities of an upcoming recession, leave it to the regional banks to once again take center stage. Many analysts…
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as…
The US stock markets continue their chop fest and range as the rally to start 2023 is set to be tested by first quarter earnings. Investors have been expecting…
It is nearly 24 hours since Jerome Powell announced the Federal Reserve is raising interest rates by 25 basis points, and US stock markets continue their roller coaster ride….
The title of this article might trigger some of the crypto haters but let’s discuss the recent price action in cryptocurrencies. I was initially bearish on Bitcoin and other…
Gold has had a spectacular week as the financial sector spooked markets. Silicon Valley Bank, Standard Bank, and First Republic problems saw the Fed, the Treasury and US regulators…
Global stock markets are rattled on the sharp drop of Credit Suisse shares. The stock was at one point down nearly 25% re-igniting banking fears. Is there trouble at…
Bank earnings kicked off with some surprising news. Mega bank Goldman Sachs (GS) reported an earnings miss. Their largest earnings miss in a decade as revenue fell and expenses…
Bank stocks. Banks are back in my mind after a recent Zerohedge article has stated that a spike in the Fed’s Discount Window usage hints at a looming bank…