Another bank has collapsed. Credit Suisse Bank is the latest bank failure to hit the markets. The Credit Suisse collapse, which was caused by a bank run and mismanagement, sent bank stocks tumbling on Wednesday. Credit Suisse stock was down over 20% before recovering on news that the Swiss government would bail them out. This […]
Credit Suisse Collapse – Bank Failures Spread to Europe Read More »
After the CPI inflation report came out in line with expectations, the stock market rallied on signs that the Consumer Price Index CPI data showed inflation slowing. But the PPI report today, or Producer Price Index, could cause the stock market today to crash. That’s because expectations are much lower, and there’s a greater chance
PPI Report Today – PPI Data Could Tank the Stock Market Read More »
As bank failures mount due to a Silicon Valley Bank contagion inspired bank run, worries are spreading about a Charles Schwab bank collapse. Is Charles Schwab in trouble? After the Silicon Valley Bank crash and Signature Bank collapse, bank stocks sold off despite bank bailouts being announced Sunday night, including both the SVB bank bailout
Is Charles Schwab in Trouble? Bank Failures – Bank Bailouts Read More »
In the last 3 days, 2 of the 40 largest banks collapsed. Bank bailouts occurred, and now the stock market is rallying, with futures up nearly 2%. After Silvergate Capital collapsed, Silicon Valley Bank collapsed on Friday, and Signature Bank collapsed on Sunday. The Treasury Department stepped in and bailed out these banks in order
After Silicon Valley Bank collapsed on Friday, news was announced of a Signature Bank Collapse on Sunday. In just 3 days, 2 of the largest 40 banks in the United States collapsed. Now the question is, which bank failure will be next? The First Republic Bank Run on Saturday might provide some insight. The good
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The biggest recession warning in 41 years indicates that the coming stock market crash will be the worst since 1987. That was the year of the infamous Black Monday. The history of the stock market shows that it happened before, and it could happen again. When the stock market crashes later this year, stock market
Coming Stock Market Crash Will Be the Worst Since 1987 Read More »
Federal Reserve Chairman Jerome Powell testified to the US Senate on Tuesday. During the Senate Budget Committee’s Powell Testimony today, Powell acknowledged that the USA would have to enter a recession in order to get inflation down. Powell reiterated that his number one job is getting inflation down, even if means the unemployment rate doubles
Powell Testimony Today – “We Have to Bring Inflation Down” Read More »
The next 48 hours are critical for the stock market. Jerome Powell will testify to the US Senate on Tuesday and Wednesday, and his comments will either cause a stock market crash or a stock market rally. The stock market news today indicates that Jerome Powell will be dovish instead of hawkish, and that means
Stock Market News – The Next 48 Hours are CRITICAL Read More »
The stock market had a massive bounce off of the 200 day moving average on the S&P 500 last week, with the NASDAQ rising 4% in 2 days. This is a very strong bullish reversal signal, and indicates the stock market will restart the bull run that ended in January. But this week’s jobs data, as
The official government data is hiding the truth. They don’t want you to know this about the current state of the US economy. In today’s stock market news, we cover some key economic data that’s coming out this week, including the jobs data and some Federal Reserve Speeches. The stock market news this week could
Stock Market News – They Don’t Want You to Know THIS Read More »
