by Bloomberg.com | Mar 15, 2023 | alerts, Markets/Economy
Hedge fund founder: Economy entering new era post-rate hikes Dalio says it’s likely ‘many more problems’ will follow SVB Bridgewater Associates founder Ray Dalio warned Silicon Valley Bank’s failure shows cracks widening in global finance, joining other US...
by Bloomberg.com | Mar 14, 2023 | alerts, Markets/Economy
Bank of America Corp. mopped up more than $15 billion in new deposits in a matter of days, emerging as one of the big winners after the collapse of three smaller banks dented confidence in the safety of regional lenders. The inflows offer a first glimpse into the...
by Bloomberg.com | Mar 13, 2023 | alerts, Markets/Economy
Two-year bonds see biggest 3-day yield decline since 1995 Investors seek havens after failure of two US regional banks The yield on short-term Canada bonds is falling at the fastest rate in decades, as investors bet the Bank of Canada will cut rates in coming months...
by Bloomberg.com | Mar 10, 2023 | alerts, Markets/Economy
One-day mark-to-market profit of $513 million on short bets Stock remains halted after falling 63% in premarket trading SVB Financial Group’s record plunge on Thursday minted short sellers roughly half a billion dollars in paper profits. But they now face a challenge:...
by Bloomberg.com | Mar 9, 2023 | alerts, Markets/Economy
Biggest run of secondary offerings in a year shows new shift Large holders join corporate issuers with outsized selling Corporate America and its biggest investors are finally accepting lower valuations in stock sales, sparking a sudden rebound secondary offerings...
