Jeremy Siegel Hopes Banking Crisis ‘Knocks Some Reality’ Into Powell And Fed Officials
The Federal Reserve is expected to raise its benchmark rate by a quarter of a percentage point next week.
PPI Inflation, February Retail Sales Data Raise Market Expectations For Fed Pivot
Recent economic indicators in the United States point to an increased risk of a recession, encouraging many traders to anticipate a more rapid Federal Reserve policy shift.
Roblox Secures $150M Government Funding After Silicon Valley Bank’s Collapse
Silicon Valley Bank (NASDAQ: SIVB), one of the leading banks for startups and tech companies, recently experienced a massive bank run when panicked investors tried to withdraw their money en masse.
Producer Price Index Unexpectedly Falls In February, Swinging Market Expectations Toward Federal Reserve Pause
U.S. producer prices fell more than economists had expected last month in a sign the Federal Reserve's aggressive response to high inflation is starting to take hold.
Nasdaq, S&P Futures Plunge As Credit Suisse Crisis Deepens, Bringing Banks Back In Spotlight
The euphoria over Tuesday’s inflation numbers has apparently given way to skepticism, with index futures retreating sharply early Wednesday. Traders get to digest another set of key economic data points to make their conclusions about Fed’s potential March move.
Cues From Tuesday’s Trading:
Why This Money Manager Thinks Fed’s SVB Rescue Plan Could Lead To ‘Much Larger’ Problems
As the Street debates the ramification of the SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank’s collapse and the government’s rescue, one analyst reasoned that the soluti
Paul Krugman Sees ‘No Landing,’ ‘Air Pocket’ Risks After Inflation Print: What They Mean
Nobel laureate and noted economist Paul Krugman believes although the consumer price inflation for February isn’t great, the…
Rich Dad, Poor Dad Author Has Chilling Bank Prediction: ‘I Called Lehman Brothers Years Ago And I Think The Next Bank To Go Is…’
Investor and entrepreneur Robert Kiyosaki made a new prediction for the banking sector this week. Here’s what the author of “Rich Dad, Poor Dad” said could happen next.
4 Experts Agree Following CPI Inflation Print: Housing Appears To Be Inflating Data, But The Fed Will Not Be Fooled
The Labor Department on Tuesday reported a 6% year-over-year increase in the consumer price index (CPI) for February.
Kevin O’Leary Takes SVB’s Collapse As A Promotion Opportunity? Observers Clap Back
Kevin O'Leary, the well-known entrepreneur, investor, and television personality, is not one to shy away from self-promotion.