by Bloomberg.com | Sep 25, 2023 | alerts, Markets/Economy
Wall Street prime brokers say clients ramped up short selling Bears benefit as the most-shorted stocks led the market rout As the cross-asset selloff engulfed Wall Street last week, hedge funds ramped up their bets against stocks while one measure of their market...
by Bloomberg.com | Sep 22, 2023 | alerts, Markets/Economy
BofA says banks seek ‘extra buffer’ in case deposits leave Large time deposits have risen $675 billion since June 2022 Banks are paying up to protect their cash holdings from sinking further and to safeguard against future runs on deposits, according to Bank of...
by Lance Roberts | Sep 22, 2023 | alerts, Markets/Economy, Real Investment Advice
The hit TV series “That 70s Show” aired from 1998 to 2006 and focused on six teenage friends living in Wisconsin in the late 70s. The irony was that the actors playing the teenagers were not born in the late 70s and had never experienced life during that period. Many...
by Lance Roberts | Sep 19, 2023 | alerts, Markets/Economy, Real Investment Advice
While September has been a bit sloppy so far, will further weakness in October weigh on investor sentiment before the seasonally strong period begins? As shown by the S&P 500 index seasonality chart below, weakness in the last two weeks of September and the first...
by Bloomberg.com | Sep 19, 2023 | alerts, Markets/Economy
Debt up a ‘staggering’ $100 trillion in past decade, IIF says Liabilities as a share of global GDP fell as inflation surged Global debt climbed by $10 trillion in the first half of 2023, resuming its upward march as a share of the world economy after falling for close...
by Bloomberg.com | Sep 17, 2023 | alerts, Markets/Economy
Powell stresses ‘careful’ approach in Wednesday press briefing Officials now see less easing next year than they anticipated Federal Reserve Chair Jerome Powell made clear Wednesday the central bank is close to done raising interest rates, but his colleagues delivered...
