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Tuesday Headlines: U.S. bank stocks surge on recovery hopes

By Matt Stichnoth, May 18, 2021

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Wall Street Journal: U.S. Bank Stocks Shine as Investors Bet on an Economic Recovery

MarketWatch: Ex-Washington Mutual CEO  foresees another housing bubble—and he blames the Fed

New York Post: Larry Summers raises inflation concerns as he blasts Biden’s spending

CNBC.com: Fed’s Bostic says there’s no reason to change policy despite inflation fears

New York Post: AT&T execs roll their eyes as Elliott Management takes victory lap on $43B merger

Wall Street Journal: Credit Suisse Faces Banker Talent Drain After $5.5 Billion Archegos Hit

Financial Times: Lenders struggle to recoup losses after US corporate debt defaults

Bloomberg: The World Economy Is Suddenly Running Low on Everything

Reuters: Berkshire sheds nearly all of Wells Fargo, a holding since 1989

Wall Street Journal: Fidelity’s Pitch to America’s Teens: No-Fee Brokerage Accounts

Bloomberg: Bankers Flee Wall Street, Head Home to Virus-Free Australia

Categories: Thoughts and Comments

Wednesday Headlines: UBS sets job cuts in investment bank, wealth management

Monday Headlines: JPMorgan reopens offices across country

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