Damage From the central bank's policy mistakes are likely to keep growing.
Two downgrades by a highly rated analyst are not to be taken lightly.
Strength in the S&P 500 and Nasdaq 100 is helping to drive sentiment, and that is keeping folks from embracing the bearish narrative.
The Fed still has a somewhat Pollyannaish view of where unemployment and inflation will go as the economy slows.
Here's what you're better off buying. I certainly have.
Just check out your local restaurants and drive-throughs.
A few months of anxiety likely lies ahead of us, and caution remains the watchword of the day.
Right now I have more in cash, or equivalents, than in equities. Ever hear of a Wall Street guy saying that before?
It remains quite apparent that the banks are far from finding their way out of the woods.
These stocks are viewed as a safe play to part with excess liquidity, and the banking crisis has created a bit of excess cash that needs a place to go.
Between Powell and Yellen it was quite a day. And what a reaction we got.
To what degree can liquidity continue to override the obvious economic issues that have intensified due to the banking crisis?
This will determine where stocks are by the end of the week.
The biggest banking crisis since 2008-9 has shifted expectations about the economy and interest rates.
Powell will be barraged with questions regarding the health of the US banking system and what exactly went wrong at several specific banks.
Here's why I bought two regional bank stocks -- and my plans for both.
Economics and fundamentals will drive the action in the longer term.
Control, or at least the illusion of control, is everything to the central bank now.
What does the Fed do this Wednesday afternoon? Do they commit to keep on fighting inflation? Or do they try to prevent some kind of economic catastrophe?
The Fed is being forced to help banks and put its battle against inflation on hold.
As my late banker father liked to quip during these types of financial hiccups: 'There is never just one cockroach.'
In signs of economic progress, two indicators that stubbornly have refused to budge are rising.
Does the Fed end up fighting inflation? Or does it pour kerosene on the fire in order to prevent some kind of economic armageddon?
There are three ways to look at this volatility.
Buckle up and adjust your trading goggles. It is going to be a bumpy ride.
He also offers a tip on how to avoid troubled banks.
The 10/2 spread could be opening the door to what we have dreaded for so long: a recession that now feels like it might not end up being so soft or so shallow.
With the CPI on tap, it is not as simple as dovish being good and hawkish being bad.
Banks are going to get hit on the basis of valuation alone, even if there is not a run on deposits.
Commercial REITs also remain vulnerable, especially in the office sector.
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