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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 […]

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

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

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.

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

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

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

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

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

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