Why bank stocks still have plenty of upside:
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Citi Trims Fed Bet for 2024, Still Sees 100 Basis Points of Cuts: Citigroup Inc. dialed back expectations for Federal Reserve interest-rate reductions on Friday ...
bloomberg.com/news/articles/2024-04-26/citi-trims-fed-bet-for-2024-still-sees-100-basis-points-of-cuts
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Fed to Make One Interest-Rate Cut Before US Election, Howard Lutnick Says: Cantor Fitzgerald Chief Executive Officer Howard Lutnick expects the Federal Reserve ...
bloomberg.com/news/articles/2024-04-25/lutnick-sees-fed-making-one-rate-cut-near-presidential-election
Bond Investors Seek Billions From SVB’s Husk as FDIC Fights Back: The dust had barely settled after Silicon Valley Bank’s collapse last year when savvy investors ...
bloomberg.com/news/articles/2024-04-26/investors-seek-billions-from-svb-s-husk-why-regulators-refuse-to-pay
Goolsbee Says Fed Needs More Time Before Cutting as Prices Stall: Federal Reserve Bank of Chicago President Austan Goolsbee said progress on inflation has ...
bloomberg.com/news/articles/2024-04-19/goolsbee-says-fed-needs-more-time-before-cutting-as-prices-stall
Paid articlePaid US Rent Inflation Looms Over Potential Interest-Rate Cut: Rent increases are taking longer to moderate in the Northeast and Midwest than in the West and South.
bloomberg.com/news/articles/2024-04-18/us-rent-inflation-looms-over-potential-interest-rate-cut
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CLO Strategy Selectively Adds Risk Amid Rally: CLOs rallied across the capital stack for the fifth consecutive month alongside better-than-feared earnings and ...
seekingalpha.com/article/4686073-clo-strategy-selectively-adds-risk-amid-rally
Paid articlePaid Fed May Delay Rate Cuts Until After 2024, Neel Kashkari Says: The Federal Reserve needs to achieve more confidence that inflation is declining before cutting ...
bloomberg.com/news/articles/2024-04-18/kashkari-says-fed-could-potentially-hold-rates-steady-all-year
Fed May Not Cut Interest Rates at All This Year, JPMorgan's Daniel Pinto Says
bloomberg.com/news/articles/2024-04-18/relatively-high-chance-of-no-rate-cuts-this-year-jpmorgan-s-pinto-says
Paid articlePaid Fed's Loretta Mester Expects Inflation to Fall Further: Federal Reserve Bank of Cleveland President Loretta Mester said monetary policy is in a good place ...
bloomberg.com/news/articles/2024-04-17/mester-says-fed-can-hold-rates-steady-not-in-a-hurry-to-cut
Why Is US Inflation Still High? Blame Powell Pivot, Housing Shortage: This was supposed to be the year that US inflation rode the last mile down to 2% ...
bloomberg.com/news/articles/2024-04-17/inflation-s-stubborn-start-to-2024-blamed-partly-on-powell-pivot
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JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
apnews.com/article/jpmorgan-chase-jamie-dimon-economy-stagflation-76b6dbb8c87580a709c50dd3d00d751d
Bond-Market ‘Washout’ Near, Setting Up a Moment to Buy, JPMorgan’s Michele Says: ‘I’m trying to hang onto all my fingers and toes and keep my discipline ...
bloomberg.com/news/newsletters/2024-04-22/bond-market-washout-near-setting-up-a-moment-to-buy-jpmorgan-s-michele-says
Bloomberg Evening Briefing: Blame the Rent for America’s Sticky Inflation: Get caught up.
bloomberg.com/news/newsletters/2024-04-18/bloomberg-evening-briefing-blame-the-rent-for-america-s-sticky-inflation
Fading: The Bloomberg Open, Europe Edition: Good morning. China’s economy is already fading after a strong start to the year. UBS says a Fed rate hike is ...
bloomberg.com/news/newsletters/2024-04-16/fading-the-bloomberg-open-europe-edition
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Fed rates outlook: June cut on deck as job market weakens: Hiring activity could see a substantial slowdown later in the year, Citi economist Veronica Clark said ...
businessinsider.com/fed-rate-cuts-outlook-june-job-market-unemployment-economy-recession-2024-4
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
Gold Seen Hitting $3,000 at Citi on Investor Inflows and Fed Expectations: Gold is set to reach $3,000 an ounce over the next six to 18 months on increasing ...
bloomberg.com/news/articles/2024-04-16/gold-seen-hitting-3-000-at-citi-as-investor-inflows-juice-rally
Paid articlePaid Morgan Stanley Sees Fed Cut Delay Pushing Back Easing in Asia: Most central banks across Asia are likely to begin cutting interest rates later in the year — if ...
bloomberg.com/news/articles/2024-04-16/morgan-stanley-sees-fed-cut-delay-pushing-back-easing-in-asia
Paid articlePaid Zions Bancorporation, National Association (ZION) Q1 2024 Earnings Call Transcript
seekingalpha.com/article/4685121-zions-bancorporation-national-association-zion-q1-2024-earnings-call-transcript
Mortgage rates jump past 7% for the first time in 2024, posing big dilemma for homebuyers
nypost.com/2024/04/18/business/mortgage-rates-jump-past-7-for-the-first-time-in-2024-posing-big-dilemma-for-homebuyers/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
bloomberg.com/news/articles/2024-04-19/bofa-strategists-say-rates-jitters-are-fueling-stock-outflows
Paid articlePaid US Bond Yields Climb on Interest-Rate Hike Mention by Fed’s Williams: The US bond market’s recovery from the year’s highest yield levels was cut short Thursday ...
bloomberg.com/news/articles/2024-04-18/bonds-stumble-on-mere-mention-of-fed-rate-hike-by-williams
Paid articlePaid Fed’s Williams Still Expects Rate Cuts to Begin This Year: Federal Reserve Bank of New York President John Williams said the central bank will likely start ...
bloomberg.com/news/articles/2024-04-15/williams-says-fed-likely-to-start-lowering-rates-this-year
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Mortgage Rates Pass 7% for First Time in 2024: The average 30-year fixed mortgage rate this week was 7.1%, according to Freddie Mac.
barrons.com/articles/mortgage-rates-pass-7-percent-a68234b4
Paid articlePaid Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
bloomberg.com/news/articles/2024-04-17/fed-s-beige-book-holds-clues-to-predicting-downturn-study-shows
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Fed's Bostic says he is not in a 'mad dash hurry' on rate cuts: Atlanta Federal Reserve President Raphael Bostic on Thursday said inflation is going to return to ...
reuters.com/markets/us/feds-bostic-says-he-is-not-mad-dash-hurry-rate-cuts-2024-04-18/
Homeowners Get Good News Over Mortgage Rates: Mortgage rates are likely to come down to 6 percent by next year, Moody's Ratings experts predict.
newsweek.com/homeowners-good-news-mortgage-rates-1893775
Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Fed's rate-cut foot-dragging grates on global peers at IMF meetings: Finance chiefs from economies large and small are scrambling to keep pace with the Federal ...
reuters.com/markets/rates-bonds/feds-rate-cut-foot-dragging-grates-global-peers-imf-meetings-2024-04-19/
Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
Fed Hiking Rates to 6.5% Is ‘Real Risk’ for UBS Strategists: The combination of strong US growth and sticky inflation is raising the odds the Federal Reserve ...
bloomberg.com/news/articles/2024-04-15/fed-hiking-rates-to-6-5-is-real-risk-for-ubs-strategists
Paid articlePaid Bloomberg Evening Briefing: Tesla to Slash More Than 10% of Its Workforce: Get caught up.
bloomberg.com/news/newsletters/2024-04-15/bloomberg-evening-briefing-tesla-to-slash-more-than-10-of-its-workforce
How JPMorgan’s Cash Call Beat Bank of America: Jamie Dimon’s bank kept much of the pandemic-era gusher of cash in money markets or at the Fed ...
bloomberg.com/opinion/articles/2024-04-22/how-jpmorgan-s-cash-call-beat-bank-of-america
Paid articlePaid Americans Sick of 0.01% Yields Create New Dilemma on Wall Street: Across JPMorgan Chase & Co.’s broad suite of consumer accounts, one number is just about ...
bloomberg.com/news/articles/2024-04-17/americans-sick-of-0-01-yields-create-new-dilemma-on-wall-street
Bank of America Set to Report Earnings as High Interest Rates Cut Both Ways
barrons.com/articles/bank-of-america-earnings-preview-b4d97283
Paid articlePaid Morning Bid: Recoiling oil and dollar sow calm as tech earnings loom: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-18/
Elevated inflation will likely delay interest rate cuts this year, warns Federal Reserve Chair Powell
pbs.org/newshour/politics/elevated-inflation-will-likely-delay-interest-rate-cuts-this-year-warns-federal-reserve-chair-powell
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Investors price in growing chance of another Federal Reserve interest rate rise: While base case remains reduction in borrowing costs, options market shows a 20% ...
ft.com/content/8c5da64b-766e-4993-86f5-aac95342432a
Wall St turns higher, gold climbs, oil dips amid economic, geopolitical crosswinds
reuters.com/markets/global-markets-wrapup-1-2024-04-18/
Morgan Stanley Downplays Queries Into Wealth Management Clients: Morgan Stanley said federal inquiries about its efforts to monitor the background of its wealth ...
bloomberg.com/news/articles/2024-04-16/morgan-stanley-downplays-queries-into-wealth-management-clients
Paid articlePaid Stock Market Crash: 3 Charts Show Market Headed For Trouble: "We say rising no landing risks = rising hard landing risks," says Michael Hartnett.
businessinsider.com/stock-market-crash-bubble-charts-trouble-ahead-bank-of-america-2024-4
Powell's 'restrictive' emphasis maximizes Fed flexibility: Central bankers choose their words carefully, so recent comments from the Federal Reserve's two most ...
reuters.com/markets/us/powells-restrictive-emphasis-maximizes-fed-flexibility-mcgeever-2024-04-19/
Home owners likely to pay higher mortgage rates for a while more, say market watchers
channelnewsasia.com/singapore/homeowners-higher-mortgage-rates-property-real-estate-interest-rates-finance-federal-reserve-4266046
Quick Glance: Homeowners Face Prolonged High Mortgage Rates Amid Market Challenges
- Currently, mortgage rates can be above 4 percent. An anticipated rate decrease is now expected by the end of next year.
- Observers noted a trend of homeowners transitioning to fixed mortgage rates due to a high interest rate environment.
- Real estate agents highlighted challenges in finding tenants with an oversupply of apartments in the market.
- Analysts suggested that homeowners may need to endure longer periods of high mortgage rates before seeing significant declines.
M&T Bank (MTB) Soars Most in Two Years After Guidance Pushed Higher: M&T Bank Corp. shares jumped the most in two years after boosting its 2024 outlook for ...
bloomberg.com/news/articles/2024-04-15/m-t-bank-soars-most-in-two-years-after-guidance-pushed-higher
Paid articlePaid Fed policymakers agree: there's no urgency to cut rates: Federal Reserve policymakers have coalesced around the idea of keeping borrowing costs where they are ...
reuters.com/markets/us/feds-williams-doesnt-see-urgent-need-cut-interest-rates-2024-04-18/
Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates: That means credit can provide a "very solid foundation" to an investment portfolio ...
cnbc.com/2024/04/23/market-veteran-howard-marks-says-fed-is-not-going-back-to-ultra-low-rates.html
Gold price forecast: Citi sees 25% soar to $3,000 over next 18 months: Citi strategists wrote in a recent note that they see gold soaring past $3 ...
markets.businessinsider.com/news/commodities/gold-price-outlook-record-high-middle-east-fed-policy-citi-2024-4
Amex (AXP) Revenue Jumps as Consumers Flock to Pricey Premium Cards: American Express Co. reported revenue that topped estimates in the first three months of the ...
bloomberg.com/news/articles/2024-04-19/amex-revenue-jumps-as-consumers-flock-to-pricey-premium-cards
Paid articlePaid Stock Markets Today: Rates outlook, Jerome Powell, LVMH, Morgan Stanley - Bloomberg
bloomberg.com/news/newsletters/2024-04-17/stock-markets-today-rates-outlook-jerome-powell-lvmh-morgan-stanley
Why the Fed keeping rates higher for longer may not be such a bad thing: It's a tough case to sell that higher interest rates today are having a substantially ...
cnbc.com/2024/04/24/why-the-fed-keeping-rates-higher-for-longer-may-not-be-such-a-bad-thing.html
Wells Fargo has worn its dunce cap long enough: The problem child of U.S. banking has been sitting on the naughty step for six long years ...
reuters.com/breakingviews/wells-fargo-has-worn-its-dunce-cap-long-enough-2024-04-18/
Discover Financial (DFS) Profit Plunges as Compliance Costs Bite: Discover Financial Services, the lender that agreed to be acquired by Capital One Financial ...
bloomberg.com/news/articles/2024-04-17/discover-financial-profit-plunges-68-as-compliance-costs-bite
US growth may be global boon but sticky inflation raises risks: The robust U.S. growth appears to be one of the key components for an ongoing global expansion ...
dailysabah.com/business/economy/us-growth-may-be-global-boon-but-sticky-inflation-raises-risks
Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025
cnbc.com/2024/04/17/wall-street-pushes-out-rate-cut-expectations-sees-risk-of-no-action-until-2025.html
Gold price approaches record high: US stock markets continue to weaken: Strong labor market figures and statements from a leading central banker reinforce US ...
n-tv.de/wirtschaft/US-Boersen-schwaecheln-weiterhin-article24884858.html
Average US home price could spike 20% to $500,000 if Fed cuts too soon: Cutting interest rates could spark a homebuying frenzy that combines with rising housing ...
businessinsider.com/average-us-home-price-median-fed-mortgage-rates-inflation-pulte-2024-4
Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
bloomberg.com/news/articles/2024-04-19/wall-street-fires-up-deals-for-preferred-shares-with-fed-on-hold
India's HDFC Bank misses Q4 profit forecast, margins stable: HDFC Bank , India's largest private lender, posted smaller-than-expected quarterly profit on ...
reuters.com/world/india/indias-hdfc-bank-misses-q4-profit-forecast-margins-stable-2024-04-20/
Should we use savings to pay down mortgage or invest in shares?: Once you get to the point where your mortgage isn’t weighing you down, you can explore other ...
smh.com.au/money/borrowing/should-we-use-savings-to-pay-down-mortgage-or-invest-in-shares-20240416-p5fk5p.html
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
on.wsj.com/49Om1J0
Seized Sentosa plot in $3 billion money laundering probe goes on sale as OCBC seeks loan recovery
straitstimes.com/singapore/seized-land-in-3-billion-money-laundering-probe-goes-on-sale-ocbc-seeks-loan-recovery
Citi, JPMorgan See Carry Trade Revive as Fed Hawkishness Spreads: Emerging-market currencies will be attractive for carry traders as hawkishness has been ...
bloomberg.com/news/articles/2024-04-26/citi-jpmorgan-see-carry-trade-revival-as-fed-hawkisness-spreads
Climate change, stifled mergers and other challenges facing banks and investors: Institutions and their investors are facing pressure from climate activists ...
americanbanker.com/news/climate-change-stifled-mergers-and-other-challenges-facing-banks-and-investors
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit: Custodia filed a notice of appeal on Friday after a judge last month ruled it did not have the right ...
coindesk.com/policy/2024/04/26/custodia-bank-appeals-court-loss-in-fed-membership-lawsuit/
Wells Fargo analysts with bullish price target for gold price: interest rate cuts trigger gold rush
finanzen.net/nachricht/rohstoffe/leitzins-im-blick-wells-fargo-goldpreis-legt-bei-zinssenkungen-noch-einen-zahn-zu-13434315
Stock Market's ‘Humbling’ Cycle Forces Morgan Stanley's Wilson to Stay Nimble
bloomberg.com/news/newsletters/2024-04-23/stock-market-s-humbling-cycle-forces-morgan-stanley-s-wilson-to-stay-nimble
Timber Prices Plunge Hugely: Global Lumber Prices Drop 20%: Lumber prices on the world market fall by 20 percent in just 4 weeks. This means that lumber costs ...
agrarheute.com/energie/holz/holzpreise-stuerzen-gewaltig-ab-globale-bauholzpreise-fallen-um-20-619465
'No Rate Cut' Bear Scares S&P 500 Into Retreat: The main driving force behind the falling level of stock prices are slipping expectations for when and by how ...
seekingalpha.com/article/4685262-no-rate-cut-bear-scares-s-and-p-500-into-retreat
Paid articlePaid Bank Of England Set To Cut Rates Before The Fed As Officials Turn Dovish: The Bank of England is right to draw a distinction between the UK and US inflation ...
think.ing.com/articles/bank-of-england-set-to-cut-rates-before-the-fed-as-officials-turn-dovish/
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Black Atlanta entrepreneurs struggle to get loans, venture funds: High interest rates, dramatic decreases in venture capital investment, increased legal attacks ...
ajc.com/news/atlanta-news/black-atlanta-firms-continue-to-struggle-to-find-loans-venture-funding/64MDUHQTFNBQHAVGIACQASBGVQ/
KeyCorp: A Solid 6% Yield For Income Investors: KeyCorp's valuation has seen a major revaluation after the regional banking crisis of 2023 ...
seekingalpha.com/article/4685046-keycorp-6-percent-yield-for-income-investors
Paid articlePaid Fed's Commercial Banking Report Shows Economic Headwinds, But Deposit Growth Bucks Trend
seekingalpha.com/article/4685037-feds-commercial-banking-report-shows-economic-headwinds-but-deposit-growth-bucks-trend
Paid articlePaid Citigroup experts with bullish price target: Gold price could soon break $3,000: The price of gold seems to be showing no signs of stopping recently ...
finanzen.net/nachricht/rohstoffe/stuetzende-faktoren-geopolitische-risiken-und-zinserwartungen-citigroup-experten-sehen-goldpreis-bei-3-000-us-dollar-13423561
Powell Playing Games: 'Sell In May' Is Now 'Sell Before May': Discover the latest insights on the financial landscape, including the S&P 500's decline ...
seekingalpha.com/article/4684973-powell-playing-games-sell-in-may-now-sell-before-may
Paid articlePaidQuick Glance: Powell's Strategic Moves: Preparing for May Market Shift
- The S&P 500 sees a decline of over 5% since reaching its peak.
- The Federal Reserve strategically drops hints on potential actions to assess market responses and create a buffer of time, shaping a tactical gameplay.
- The escalating uncertainty in the Middle East triggers a noticeable flight to safer assets, potentially steering towards a prolonged shift from stocks to commodities.
- The meeting delved into strategies for hedging using a put spread.
Federal Reserve Watch: Can The Fed Keep Things Calm?: Federal Reserve reduced its securities portfolio by $1,561B and its use of reverse repurchase agreements by ...
seekingalpha.com/article/4684920-federal-reserve-watch-can-the-fed-keep-things-calm
Paid articlePaid Inflation Expectations Flag Fed Hike Risk, Piper Sandler’s Benson Durham Says: The bond market’s outlook on inflation is a key component for Federal Reserve ...
bloomberg.com/news/articles/2024-04-19/inflation-expectations-flag-fed-hike-risk-piper-s-durham-says
Paid articlePaid
Bonds: “Falcony Fed, dovish ECB”: Middle East war and central banks set the pace - The bottom line is that returns went up this week ...
boerse-frankfurt.de/nachrichten/anleihen-falkenhafte-fed-taubenhafte-ezb
Goldman Sachs (GS) Traders Notch Windfall Delivering Surprise Profit Jump: Goldman Sachs Group Inc.’s back-to-basics approach is paying off as it posted profits ...
bloomberg.com/news/articles/2024-04-15/goldman-s-wall-street-machine-revs-up-driving-surprise-profit-surge
Paid articlePaid
Wall Street is watching the Fed 'way too much,' Bank of America's CEO says: Brian Moynihan said the Federal Reserves interest rate hikes have been a “huge ...
qz.com/bank-of-america-brian-moynihan-federal-reserve-rates-1851415600
Truist Financial: Improving Setup (Rating Upgrade): Truist Financial may benefit from a higher for longer rate environment, leading to higher capital returns for ...
seekingalpha.com/article/4684470-truist-financial-improving-setup-rating-upgrade
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