Genevieve Roch-Decter, CFA – Twitter, Released on 5/9/23 Good Morning Everyone! Here is the interest rate you will earn on your bank deposit: – Wells Fargo: 0.15%– Citibank: 0.05%– Chase: 0.01% Meanwhile, you can earn 5% on money market fund. Do what you will with this information. — Genevieve Roch-Decter, CFA (@GRDecter) May 9, 2023
Zero Hedge, Released on 5/8/23 Speaking at Berkshire’s annual general meeting in Omaha, Nebraska, the billionaire investor said he expects earnings at the majority of the conglomerate’s operations to fall this year as the coming economic Continue…
USA Today (via Yahoo Finance), Released on 5/4/23 A study on the fragility of the U.S. banking system found that 186 more banks are at risk of failure Continue…
Gallup, Released on 5/4/23 19% “very” and 29% “moderately” worried about safety of their money Level of worry similar to readings during the 2008 financial crisis Democrats, upper-income adults, college graduates less worried Continue…
The Felder Report, Released on 5/2/23 Big Tech isn’t so safe after all. There has been a lot of talk in recent months about the narrowness of the rally in stocks so far this year. It’s no secret that the majority of the gains for the Continue…
Zero Hedge, Released on 5/3/23 Earlier today, when Jerome Powell openly lied to the American People during the FOMC press conference stating without a hint of irony that the US banking system is “sound and resilient”… Continue…
The Telegraph (via MSN), Released on 5/2/23 he twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in Continue…