by Bloomberg.com | Mar 17, 2023 | alerts, Markets/Economy
Less lending, tighter standards would signal softer spending Business surveys will be parsed for signs of growing caution The key to if — or when — the US economy falls into recession will depend on how the latest turmoil in the banking sector spills over to Main...
by Bloomberg.com | Mar 17, 2023 | alerts, Markets/Economy
Investors are ‘too greedy’ for rate cuts, BofA strategists say Bank turmoil may have bigger effect on small businesses: BofA Bank of America Corp. strategist Michael Hartnett — one of the most bearish voices on Wall Street last year — says investors should sell any...
by Bloomberg.com | Mar 15, 2023 | alerts, Markets/Economy
When the Federal Reserve is raising rates, an unexpected shock can trigger a recession. Take a tour through US recessions of the past 50 years, and it’s hard not to wonder whether Silicon Valley Bank will turn out to be the banana peel that upends an already unsteady...
by Bloomberg.com | Mar 15, 2023 | alerts, Markets/Economy
Bank slumps 24% after top shareholder rules out investing more European stocks decline amid a selloff in global banks All it took was a few tough words from Credit Suisse Group AG’s biggest shareholder on Wednesday to spark a selloff that spread like wildfire across...
by Bloomberg.com | Mar 15, 2023 | alerts, Markets/Economy
Source:Â Bloomberg...
