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Market News

Location American Market News for 13 May 2023
The nation's largest bank is rebutting the claims of GOP attorneys general and treasurers, who say the bank mistreats people of faith.
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The Fed Might Finally Let These 11% Yielders Off The Floor What's up with floating-rate funds?
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Two months after the failure of Silicon Valley Bank, the lender's depositors in the Cayman Islands have been left out in the cold.
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The Debt Ceiling Might Need Market Sell-Off

Forbes - 13 May 2023 07:19
The Debt Ceiling Might Need Market Sell-Off The US debt ceiling debate is brewing into a spectacle that could spur market volatility given that few of the parties have an incentive to give in.
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More Proof: Deflation Is The Future

Forbes - 13 May 2023 17:32
More Proof: Deflation Is The Future The Fed is fixated on lagging indicators. For the economy, there is a simple solution that every economist is aware of, but that simply gets no traction because of the idea that human intervention can somehow fix the eco...
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A Debt-Ceiling Catch-22 for Investors

Wall Street Journal - 13 May 2023 16:00
The best outcome would be for a debt-ceiling deal to be reached before the market starts ringing alarm bells, but that might not be in the cards.
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Regional Banks Can't Catch a Break

Wall Street Journal - 13 May 2023 15:00
Even as some key indicators stabilize for midsize lenders, their shares remain under pressure.
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Google Bard offers financial advice in India, assigns RIL a price target of ₹3,000 Under Sebi rules, any person can deliver advice, views or comments on financial products in the media. However if they charge money for specific advice to clients they must be registered as investment advisors
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