Joe Rennison
Posts
Dour Earnings Loom Over Wall St. as a Slowing Economy Bites
The outlook for corporate profits has swiftly deteriorated, with inflation still fast and a banking scare prompting some investor caution.
Bond Trading May Be Sending a Recession Warning
Wild swings in the Treasury market are unlike anything many investors today had seen. They’re also potentially warning of a recession.
Stock Investors Trade Cautiously Ahead of Fed’s Rate Decision
There is widespread uncertainty about whether the Federal Reserve will continue raising rates as the banking industry teeters. “It’s a coin toss now,” one strategist...
How the Banking Crisis Has Had the Same Effect as a Fed Rate Increase
Some analysts say that the banking industry tumult has slowed the economy as banks pull back on lending.
Investors Trade Cautiously Ahead of Pivotal Fed Decision
There is widespread uncertainty about whether the Federal Reserve will continue raising rates as the banking industry teeters. “It’s a coin toss now,” one strategist...
Investors Greet Emergency Credit Suisse Deal Warily
Swiss regulators announced that UBS, Switzerland’s largest bank, would take over the troubled Credit Suisse.
Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results
Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
Stocks on Wall Street Rally, Even as Worry About Regional Banks Continues
The S&P 500 climbed by midday, but shares of First Republic Bank and other regional lenders continued to slide.