by Investing.com | Apr 4, 2023 | alerts, Markets/Economy
Despite the ongoing rally in U.S. equities with the S&P 500 up nearly 4% since last Monday (27/03), Bank of America’s clients were selling stocks. Analysts at the firm highlight $3.2 billion of outflows from U.S. equities, marking the first net sale by the...
by John Mauldin | Mar 31, 2023 | alerts, Markets/Economy, Mauldin Economics
Remember when banks were small? Those old enough to have a bank account in the 1970s should. Back then, most people did their banking with a locally owned institution, often the First National Bank of (Your Town). These were fully independent banks, not branches of...
by Lance Roberts | Mar 31, 2023 | alerts, Markets/Economy, Real Investment Advice
As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something was breaking. As noted recently in “Not QE,” “Last week, amid a rash of bank insolvencies, government agencies took action to stem a potential banking crisis. The...
by Bloomberg.com | Mar 30, 2023 | alerts, Markets/Economy
The odds of a recession are growing. That’s the takeaway from a new survey of economists that Bloomberg recently conducted. The probability of a downturn in the next year is now 65%, up from 60% in February. It feels like we’ve been saying this for months, but a few...
by Lance Roberts | Mar 28, 2023 | alerts, Markets/Economy, Real Investment Advice
Despite an ongoing “banking crisis,” investors continue to chase stocks triggering several bullish buy signals. As noted in this past weekend’s newsletter, two primary reasons exist for this current dichotomy. The first is psychological, and the second is purely...
by John Mauldin | Mar 24, 2023 | alerts, Markets/Economy, Mauldin Economics
Recently I saw someone share a clip from their weather app. It said, “Rain expected at 3 pm,” right above a little graphic showing a 30% chance of rain at 3 pm. What’s wrong with that picture? Well, if the calculated odds of rain were only 30%, then “expected” wasn’t...
