Wednesday Headlines: Hopes for early rate cuts dim as economy’s strength persists
Financial Times: Strong US economy brings bets that Federal Reserve will wait on interest rate cuts Bloomberg: Bitcoin and Gold Both Hitting All-Time Highs Are a…
As credit exits the banking system, risks are rising
IS THE FINANCIAL SYSTEM SAFER IF CREDIT IS FORCED OUT OF BANKS?: After the passage of Dodd-Frank, with its higher capital standards and other restrictions, the private-credit…
Tuesday Headlines: New CFPB rule caps credit card late fees at $8
CNBC.com: New CFPB rule caps banks’ credit card late fees at $8 New York Times: Bank Runs Spooked Regulators. Now a Clampdown Is Coming. Wall Street…
The value of small-business deposits
SMALL-BUSINESS DEPOSITS ARE GOLD: This interest-rate up-cycle has shown that the deposits of small-business are stickier and have lower betas than consumer, commercial, or wealth deposits. But research…
Monday Headlines: Signs of trouble at regional banks spur sector fears
Wall Street Journal: Signs of Trouble at Regional Banks Reignite Sector Fears Reuters: Arkhouse, Brigade raise Macy’s buyout bid to $6.6B Bloomberg: Cash Returns Rival Bonds…
Friday Headlines: New York Community Bank reports additional losses
New York Times: New York Community Bank Reports $2.4 Billion More in Losses as C.E.O. Resigns CNBC.com: Dalio says the U.S. stock market ‘doesn’t look very…
Thursday Headlines: Fed officials voice caution on rate cuts
Bloomberg: Fed Officials Emphasize Data to Guide Pace of Interest-Rate Cuts Wall Street Journal: SEC Investigating Whether OpenAI Investors Were Misled CNBC.com: Online trading platform Webull…
Wednesday Headlines: Goldman’s Solomon casts doubt on soft-landing odds
New York Post: Goldman’s Solomon throws cold water on Fed’s ‘soft landing’ inflation expectations Financial Times: Sam Bankman-Fried pleads for lenient prison sentence after fraud conviction…
Tuesday Headlines: Fed’s Barr warns banks on counterparty risk
Bloomberg: Wall Street Banks Should Do More on Counterparty Risk, Barr Says Financial Times: Barclays offloads US credit card debt to Blackstone Wall Street Journal: Bitcoin…
Monday Headlines: Goldman and Morgan Stanley backstop riskiest CLOs
Bloomberg: Goldman, Morgan Stanley Are Backstopping Riskiest Slices of CLOs Financial Times: Banks strike back at private credit in ‘aggressive’ push to win deals A.P.: Buffett…