S&P 500 Hit 4,000, Bank Stocks Soar, Treasury Yields Rise, As Worries Over Banking Crisis Ease – Traders Await FOMC
It's a day of deep risk-on in markets, with stocks posting strong gains, bonds and gold plunging as Treasury yields climbed, after Treasury Secretary Janet Yellen injected confidence over the b
Morgan Stanley Strategist Says Bond Market Pricing Some Sort Of Recession But Equity Market Still In Denial
Morgan Stanley Chief U.S. Equity Strategist and CIO Mike Wilson reportedly said the bond market is effectively pricing some sort of a recession…
Presidential Candidate Vivek Ramaswamy Blasts Fed Ahead Of Rate Decision: ‘Disastrous 25-Year Experiment’
U.S. Presidential candidate Vivek Ramaswamy slammed the Federal Reserve ahead of its policy announcement on Wednesday, saying the…
Paul Krugman Believes Fed Has Space To Exercise Discretion: ‘Don’t Just Do Something: Sit There’
Nobel laureate and noted economist Paul Krugman’s advice ahead of the Federal Reserve’s monetary policy announcement on Wednesday…
U.S. Futures Trade Higher While Asian Markets Are Down After Global Central Banks Intervene In Coordinated Action To Ease Liquidity Strain
The index futures cut their losses and traded in the green on Sunday following Swiss investment bank Credit Suisse AG’s (NYSE: CS) sale to its peer UB
Midsize U.S. Banks Asked FDIC To Insure All Deposits For Two Years
-Bloomberg
https://www.bloomberg.com/news/articles/2023-03-18/midsize-us-banks-ask-fdic-to-insure-all-deposits-for-two-years?sref=y3YMCJ4e&leadSource=uverify%20wall
Warren Buffett In Contact With Biden Officials On Banking Crisis
-Bloomberg
https://www.bloomberg.com/news/articles/2023-03-18/warren-buffett-in-contact-with-biden-officials-on-banking-crisis?srnd=premium&sref=y3YMCJ4e&leadSource=uverify%20wall
US Authorities Engaged on Possible Credit Suisse-UBS Deal
-Bloomberg
https://www.bloomberg.com/news/articles/2023-03-18/us-authorities-weighing-in-on-possible-credit-suisse-ubs-deal