Tag: Banks
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![First Republic Bank troubles weigh in on stock markets]()
First Republic Bank troubles weigh in on stock markets
As earnings continue to come out mixed, and raising the probabilities of an upcoming recession, leave it to the regional banks to once again take center stage. Many analysts warned that the regional bank crisis is not over when you consider the fact that deposits are shrinking, lending (a bank’s primary business) is slowing, and…
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![Short bet against Canadian Bank TD increases by 45%]()
Short bet against Canadian Bank TD increases by 45%
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as hedge funds are clearly shorting TD for some reason. Is it a bet against the Canadian economy? Most analysts agree the short is a sympathy play…
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![Does this weeks earnings point to a recession?]()
Does this weeks earnings point to a recession?
The US stock markets continue their chop fest and range as the rally to start 2023 is set to be tested by first quarter earnings. Investors have been expecting earnings to be somewhat mixed or tepid as higher interest rates begin showing their impact on the real economy and resulting in an economic slowdown or…
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![You can’t fight the Fed. But you can hedge against it. The case for crypto (Part 1/2)]()
You can’t fight the Fed. But you can hedge against it. The case for crypto (Part 1/2)
When you have one hammer, everything begins to look like a nail. For the Fed, it’s “print money, cut rates”. Act First, Think Later It began in 2008 when the crash of the housing market pushed the economy into a recession. The precedent was set, and policy response included a bailout and an aggressive expansion…
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Slack’s (WORK.NYSE) sad performance and the scourge of Silicon Valley
When Slack (WORK) listed on the NYSE this year, it was the first tech unicorn to grace American markets through a direct listing rather than the traditional Initial Public Offering (IPO). This historic event came on the heels of a growing dissatisfaction in Silicon Valley over Wall Street’s preferred path to public trading. In fact,…
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India, Italy, Brazil, China and Spain or how sovereign debt smashed BRICS and deflated the EU dream
The financial crisis of 2007 wiped trillions off our global financial ledger. National economies reeled in the wake of banking’s biggest boo-boo since Reagan’s deregulation of the American Savings and Loan industry triggered the failure of almost two-thirds of the 3,234 savings and loans institutions in the United States from 1986 to 1995. Now, sovereign…
