Friday Headlines: Markets price in a rate hike once again
Bloomberg: Fed Traders Fully Price In an Interest-Rate Hike Once Again Reuters: JPMorgan to reportedly ax 1,000 First Republic jobs as integration begins Wall Street Journal:…
Credit gets back to normal
CREDIT NORMALIZATION: For the last year I’ve talked a lot about the process of credit normalization this cycle. It began with rising consumer delinquencies starting at the…
Thursday Headlines: Banking crisis over, executives say
Wall Street Journal: Banking Crisis Is Over, Top Executives Say Bloomberg: TD Plots Share Buybacks After First Horizon Deal Falls Apart CNBC.com: European banks are stronger…
Investors are griping about . . . share buybacks?
BAD TAKE WATCH: Um, what? “RECORD BUYBACK SPREE ATTRACTS SHAREHOLDER COMPLAINTS “Record levels of share buybacks are attracting complaints from a growing number of prominent investors…
Wednesday Headlines: Markets point to rates staying higher for longer
Financial Times: Investors bet Fed will keep interest rates higher for longer Wall Street Journal: Bank Stocks Are Now Meme Stocks: ‘You Can Create Real Panic’…
Tuesday Headlines: Dimon warns on commercial real estate
CNBC.com: Dimon warns souring commercial real estate loans could threaten some banks Bloomberg: Two Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices…
A looming short squeeze for bank stocks? Maybe!
WAY OUT OF FAVOR: A highly enjoyable short squeeze in bank stocks might be just around the corner! Fund managers surveyed by Bank of America say…
Monday Headlines: JPMorgan raises outlook after First Republic buy
CNBC.com: JPMorgan Chase raises key revenue target to $84 billion after First Republic takeover Bloomberg: Libor Rigging in 2008 Crisis Was ‘State-Led,’ Times Says Financial Times:…
Friday Headlines: Fed officials mull skipping a rate hike
Bloomberg: Fed Officials Consider Skipping a Hike in June—But Don’t Call It a Pause CNBC.com: Fed’s Logan says current data doesn’t justify pausing rate hikes yet…
Thursday Headlines: Fed set to boost economic outlook
Bloomberg: Fed Poised for Big Upgrade to Outlook Despite Swirling Risks Wall Street Journal: UBS Faces Tough Choice Over Credit Suisse’s Domestic Business Bloomberg: Commercial Real…