US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting

cointelegraph.com The United States’ most powerful financial regulators gathered March 24 by video conference for an unscheduled, closed meeting of the Treasury Department’s Financial…

Commercial real estate is in trouble. A banking crisis will …

aol.com If there is anything commercial real estate owners don’t need right now, it’s a banking crisis. Big owners of property around the country were already under pressure from…

Regional Fed bank chief not responsible for SVB failure, former SF Fed chair says

theglobeandmail.com Responsibility for the U.S. Federal Reserve’s oversight of large financial institutions like the failed Silicon Valley Bank rests with staff in Washington and not with any…

Payment Innovations Tackle Trade Finance Gap as Banks Pull Back

pymnts.com The old adage is that banks lend when you don’t need the money. When capital is hard to come by or when there’s the hint of repayment risk, that’s when the traditional…

US stocks close higher as markets assess fresh bank woes and recession fears

businessinsider.com TIMOTHY A. CLARY / Getty US stocks ended higher Friday, capping off a week of Fed moves and more bank fears. The 2-year and 10-year Treasury yields both notched their lowest…

Nearly $100 billion in deposits pulled from banks; officials call system 'sound and resilient'

cnbc.com Regulators again assured the public that the banking system is safe, which came as fresh data showed customers recently pulled nearly $100 billion in deposits. Treasury…

Junk-bond defaults eclipse past two years in 3 months as Wall Street braces for credit crunch

marketwatch.com Goldman Sachs this week increased its default forecast for U.S. high-yield, or “junk-rated,” corporate bonds this year to 4% from 2.8% after more companies this year have…

Market Extra: Bond market ‘screams’ rate cuts as yield curve points to real-time slowdown in U.S. economy

marketwatch.com A closely watched measure of the Treasury yield curve is less inverted than it was earlier in March, though the reasons for the move are nuanced. Fears about the global…

Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K

cointelegraph.com price recovered the $28,000 support after a brief correction below $27,000. The movement closely tracked the traditional financial sector, particularly the tech-heavy Nasdaq…

How Crypto Has Stayed in the Green During Banking Crisis

blockworks.co Bitcoin and ether have managed to stay in the green throughout the current banking crisis, even as regulatory pressures continue to mount. Trying to determine why and how…

Deutsche Bank scare forces Germany's chancellor to urge investors not to panic

fortune.com When a full-blown crisis has erupted, lecturing people not to panic rarely helps. Sometimes it can even hurt. That didn’t stop Germany’s Chancellor Olaf Scholz from trying…

Here's why we only bought 1 stock this week, despite the market being oversold

cnbc.com The Club has taken a restrained approach to the oversold stock market in recent days, making only one purchase after an assertive buying spree the week prior. In a volatile…

3 Stocks You'll Never Regret Buying

entrepreneur.com The Federal Reserve this week increased interest rates for the ninth time since last year and shows no indication of rate cuts this year despite lingering recession fears.…

Real estate leader on NY Fed board warns on commercial real estate risks

reuters.com An executive who also serves on the board overseeing the New York Federal Reserve warned on Twitter Friday of potentially systemic problems in the real estate finance market…

Are We About to Feel the Economic Pain Powell Warned Would Be Coming?

morningstar.com Last August, when the Federal Reserve was in the middle of the most aggressive interest-rate-hiking campaign in decades to bring down the highest inflation in decades,…

Billionaire investor Barry Sternlicht says the Fed's rate hikes are like using a 'steamroller' to 'kill a small fly' and warns the economy is about to 'hit…

fortune.com Starwood Capital’s CEO Barry Sternlicht thinks the Fed created the banking crisis by itself, and that its interest rate hikes will hurt the economy. “Obviously he [Fed Chair…

Bitcoin Will Explode by Over 3,400%, According to BitMEX Founder Arthur Hayes

dailyhodl.com BitMEX co-founder and crypto veteran Arthur Hayes is predicting an explosive rally will drive Bitcoin (BTC) to $1 million. Hayes tells his 368,300 Twitter followers that…

Fed officials say sense of financial stability cleared path for rate hike

reuters.com Federal Reserve officials on Friday said there was no indication financial stress was worsening as they gathered at a policy meeting this week, a fact that allowed them to…

Charge Up With First Solar Stock as Shares Power Higher

thestreet.com First Solar stock continues to trade seemingly without a care in the world. Here's how to trade it from here. If investors looked only at First Solar's (FSLR) - Get Free…

The Fed is putting the economy in jeopardy by not prioritizing the stability of the banking system, Moody's chief economist says

businessinsider.com Federal Reserve Chairman Jerome Powell. Patrick Semansky/AP Photo The Fed is putting the economy at risk by not prioritizing bank stability, Moody's Mark Zandi said. He said…

Fed’s Bullard Lifts His 2023 Rate Forecast on Strong Growth

yahoo.com Federal Reserve Bank of St. Louis President James Bullard said that he had raised his forecast for peak interest rates this year amid ongoing economic strength, based on an…

Ron Insana: The Fed is still intent on taking the punch bowl away when the party is long over

cnbc.com Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the…

Stock Market Split As Fed Hikes Rates, Banks Keep Tumbling; Nvidia, On Holding In Focus: Weekly Review

investors.com The stock market rally showed volatile, divergent action. The Federal Reserve raised rates on Wednesday and signaled one more hike, noting banking woes. The Nasdaq, buoyed…

Key US bond yields drop to their lowest in 6 months as global banking worries boost bets the Fed is heading toward a rate cut

businessinsider.com Federal Reserve Chairman Jerome Powell. Patrick Semansky/AP Photo Key US bond yields fell to six-month lows Friday as traders ramp up bets the Fed is near the end of its…

BTC price centers on $28K as Deutsche Bank shares follow Credit Suisse

cointelegraph.com diced with $28,000 at the March 24 Wall Street open as fresh banking woes failed to provide a further boost to crypto. Data from Cointelegraph Markets Pro and TradingView…

Fed official: People ‘hate’ inflation. That trumps bank stress and job loss

cnn.com The Federal Reserve faced a particularly vexing decision this week: Should it raise interest rates during a bank crisis? For Tom Barkin, the decision wasn’t especially…

Markets To Fed: Cut Rates Before Bank Crisis Triggers U.S. Recession

thestreet.com Regional lenders are crucial for U.S. economic growth and markets want Fed support before the bank crisis triggers a near-term recession. The Federal Reserve will likely…

What the banking crisis means for your job

cnn.com One of the biggest unknowns since the Federal Reserve started its historic rate-hiking campaign has been how many jobs could be lost from the central bank’s deliberate…

3 Hypergrowth Stocks to Buy for Big Gains In 2023

entrepreneur.com The recent financial-sector turmoil, the Fed’s hawkish tilt, and growing recession worries paint a gloomy picture for the stock market. Despite the headwinds, investors…

Commercial real estate is in trouble. A banking crisis will make it worse

yahoo.com If there is anything commercial real estate owners don’t need right now, it’s a banking crisis. Big owners of property around the country were already under pressure from…

Market Prices In 1.25% Fed Rate Cut By End Of 2023: Economist Says There's No Chance

benzinga.com The consensus outlook for interest rates has shifted dramatically in the last month thanks in large part to the failures of U.S. banks SVB Financial Group, Signature Bank…

Bank Turmoil Continues Causing More Fed Lending

forbes.com Spring officially started this week and flowers like Lily of the Valley will soon bloom; however, winter blues in the banking sector continue to cast a shadow. Markets…

Banking Crisis: The Next Domino Is Falling

seekingalpha.com In the last two weeks, the crisis suddenly - and at least for me surprisingly - picked up steam. I have predicted for a long time that I am quite certain we will see a…

A key indicator says a recession is guaranteed in 2023

businessinsider.com Happy Friday, team. I'm Phil Rosen — after a few days cruising the Caribbean (I even spent time in Sam Bankman-Fried's old stomping grounds) it's good to be back. From the…

European Bank Trouble: Deutsche Bank Stock Under Pressure Due To Higher Costs Of Default Insurance

benzinga.com Deutsche Bank AG DB shares came under pressure following a spike in credit default swaps amid persistent concerns regarding the stability of European banks. Deutsche Bank's…

US stocks slide as traders deal with fresh banking woes and digest outlook for rates

businessinsider.com Stock market traders on the floor of the New York Stock Exchange. Xinhua News Agency/Getty Images US stocks fell as traders remain wary of banking sector woes and assess the…

World shares fall on banking turmoil, recession worries

arabnews.com BANGKOK: Shares fell Friday in Europe and Asia as worries flared over turmoil in the banking sector and potentially worsening risks of recession, according to the Associated…

Recession Indicators Says The Fed Broke Something

zerohedge.com Recession Indicators Says The Fed Broke Something Authored by Lance Roberts via RealInvestmentAdvice.com, Recession indicators a ringing loudly. Yet, the Fed remains focused…

What the banking crisis means for mortgage rates

cnn.com Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can anticipate mortgage rates to move down through the rest of…

Barry Sternlicht warns the economy is facing a sharp slump as the Fed uses 'a steamroller to get the price of milk down 2 cents'

businessinsider.com Billionaire investor Barry Sternlicht slammed the Federal Reserve's heavy-handed interest-rate hikes Thursday. PATRICK T. FALLON/AFP via Getty Images Barry Sternlicht warned…

US labor market still tight; housing market close to bottoming out

reuters.com The number of Americans filing new claims for unemployment benefits edged down last week, showing no signs yet that the recent financial market turbulence following the…

Dow tumbles 300 points as Deutsche Bank jitters reignite Europe's banking concerns

businessinsider.com (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images) US equities futures slipped into the red Friday as fears over the US banking turmoil…

Fed pause before European peers to lift Treasuries, European stocks

investing.com As markets bet banking turmoil will prompt the Federal Reserve to pause rate hikes before Europe, U.S. bonds and European equities are tipped to win from the recent…

Crypto Market Bounces Back despite Fed Rate Hike and SEC Warnings

coinspeaker.com Coinspeaker Crypto Market Bounces Back despite Fed Rate Hike and SEC Warnings It seems that the crypto market has finally decided to look past the traditional market and…

Short-End US Rates Plunge as Wild Moves Grip Market for 11th Day

yahoo.com Markets are signaling the Federal Reserve is wrong when it talks about the prospect for further interest-rate hikes, with bond investor Jeffrey Gundlach among the latest to…

Dollar eases as traders weigh Fed's rate path; yen rises

investing.com The dollar was pinned near seven-week lows on Friday as nervousness over banks kept investors skittish and traders assessed the Federal Reserve's chances of a pause to…

Asian shares fall on banking turmoil, recession worries

washingtonpost.com BANGKOK — Shares fell Friday in Asia as worries over turmoil in the banking sector and recession risks overshadowed gains on Wall Street. Benchmarks declined in most major…

Banks Are Still Drawing on the Fed for $164 Billion of Emergency Cash

yahoo.com Banks Are Still Drawing on the Fed for $164 Billion of Emergency Cash (Bloomberg) -- Banks reduced their borrowings only slightly from two Federal Reserve backstop…

Take Five: And let there be calm

reuters.com At the incredible end to the first quarter for financial markets, rattled by bank turmoil, some stability will be much hoped for in coming days. But don't bet on it.…

China is a ‘relative safe haven’ in the face of global banking stress, Citi economists say

cnbc.com The recent turmoil surrounding the banking sector in the U.S. and Europe has highlighted China as a "relative safe haven" this year, economists at Citi said in a Thursday…

Makes Slight 6% Climb This Week

newsbtc.com price has experienced a slight upward movement, bringing hope to its supporters amidst a tumultuous period for the cryptocurrency market. Earlier today, the meme-inspired…

Wall Street sees the Fed starting to signal toward a recession ahead

cnbc.com The Federal Reserve this week laid out a rough blueprint of where it thinks both the economy and policy are going, and prepared markets for the likelihood of a substantial…