Big Wall Street Banks Do Not Want Fed-Backed Digital Dollar Crypto Alternative – Read Why
Wall Street bankers are urging the U.S.
Why Bank Stocks Are Getting Crushed Since Ukraine Conflict Began
The bond market is pricing in a 68.1% chance the Federal Reserve will raise interest rates at least 1.5% by the end of 2022. Rising interest rates are typically good news for bank profits, but bank stocks have taken a huge hit so far in 2022.
Experts React To Market Sell-Off: ‘We Prefer The Financials And Banks’
The SPDR S&P 500 ETF Trust (NYSE: SPY) was down 1.9% in midday trading on Tuesday. Tech stocks were hit particularly hard as investors dumped Nasdaq stocks over concerns about rising 10-Year Treasury bond yields.
SPY Preview: Financial Sector Key To Next Market Move
After large moves lower on Friday and Monday, the SPDR S&P 500 ETF Trust (NYSE: SPY) traded up almost 1.5% Tuesday. But the market may still be in trouble.
Analyzing Nordstrom’s Unusual Options Activity
SPDR S&P Bank ETF (NYSE:KBE) shares experienced unusual options activity on Monday. The stock price moved down to $47.31 following the option alert.
Benzinga’s Bulls And Bears Of The Week: Apple, Coca-Cola, GM, Moderna, Tesla And More
Benzinga has examined the prospects for many investor favorite stocks over the past week.
Last week's bullish calls included the iPhone maker and top automakers.
Bank stocks, a vaccine maker and a leading miner were among the bearish calls seen.
Are Bank Stocks About To Head South?
The bank stocks may be in trouble.
The SPDR S&P Bank ETF (NYSE: KBE) tracks the banking sector and now it’s testing an important resistance level. If it can’t break through, there’s a chance it rolls over and forms a new downtrend.
White House to Push Fed, DoJ to Update Bank Merger Guidelines, Increase Scrutiny; Will Ask Consumer Financial Protection Bureau to Issue Rules Making it Easier for Consumers to Switch Banks
-Reuters
https://www.reuters.com/business/exclusive-white-house-target-bank-mergers-financial-data-with-competition-order-2021-07-09/
Survey: Hedge Fund Managers Aren’t Worried About Inflation
Investors are eagerly anticipating the U.S. Federal Reserve’s updated economic projections expected out Wednesday.
Inflation is at the forefront of many investors minds at the moment, but the latest global hedge fund manager survey from Bank of America suggests fund managers aren’t particularly concerned about inflation.