More Amazon layoffs were just announced, bringing the total number of mega cap tech stock layoffs from Amazon, Google, and Meta to over 100,000 in the past 12 months. Meanwhile inflation remains high, companies are still going out of business, and banks continue to collapse with First Republic Bank being the latest victim. So with […]
Amazon Layoffs & More – When Will Stocks Go Back Up Read More »
Here’s what’s in store for the stock market this week after last week’s bank collapses, bank runs, and financial sector collapse. Now that we’ve made it through the weekend without the banking crisis getting worse and without any more banks failing, all eyes are turning to the Federal Reserve to see what they’re going to
The Credit Suisse Banking Crisis has ended with the Credit Suisse Collapse and bailout. UBS is set to buy Credit Suisse in a $3.2 billion deal that will cause the Credit Suisse stock to crash and Credit Suisse bonds to become worthless. This is worse than a Credit Suisse default, as Credit Suisse bond holders
Credit Suisse Banking Crisis – UBS to Buy Credit Suisse Read More »
These are the best stocks to buy now, and two of them have a 500% profit potential. I bought these stocks in my Millionaire Club portfolio on Friday. After last week’s selloff, deciding which stock to buy was difficult because there were so many good stocks to choose from. I eventually decided to buy Atlanticus
Best Stocks to Buy Now – THIS Stock Could Go up 500% Read More »
Why was the stock market up today? Because there were two more bank bailouts announced. As finance stocks and bank stocks opened the day deep in the red and it looked like we were headed for another stock market crash, the bailout of First Republic Bank caused an immediate rebound and the stock market rallied.
Why Was the Stock Market up Today? – More Bank Bailouts Read More »
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
Signature Bank Collapse & First Republic Bank Run Read More »
