Banking, Economy

“Morgan Stanley Sees a Global Economic Recovery in Early 2020”

“A combination of easing trade tensions and easier monetary policy will lift global growth from the first quarter of 2020, according to economists at Morgan Stanley… “A 1Q20 recovery is on the cards,” the U.S. bank’s economists led by Chetan Ahya wrote in… Continue Reading…

Banking, Economy

“More borrowers are going underwater on car loans”

“Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon—referred to as negative equity, or being underwater—can… Continue Reading…

Banking, Economy

“New York Fed Adds $115.14 Billion in Short-Term Liquidity to Markets”

“The New York Fed added $115.14 billion to financial markets via temporary operations on Thursday. The liquidity additions came in two parts. One was an overnight repurchase agreement with eligible banks totaling $80.14 billion, and the other was via a… Continue Reading…

Banking, Economy

“Fed to Cut Three More Times as Economy Is Rolling Over: Chandler”

“Marc Chandler, chief market strategist at Bannockburn, discusses his expectation for three more interest rate cuts by the Federal Reserve and the state of the U.S. dollar. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)…” https://www.bloomberg.com/news/videos/2019-10-28/fed-to-cut-three-more-times-as-economy-is-rolling-over-chandler-video If you click the link… Continue Reading…

Banking, Economy

“7 Factors That Could Tank Markets in 2019”

“…Most investors are not even aware of the full extent to which the leveraged loan markets are threatening the general economy. In fact, most investors might not even know what a “leveraged loan is. A leveraged loan is a loan… Continue Reading…

Banking, Economy

“New York Fed Adds $82.7 Billion To Financial System in Latest Repo Transaction”

“The Federal Reserve Bank of New York added $82.7 billion to the financial system Friday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets. Banks asked for $21.15 billion in 6-day loans, all of… Continue Reading…

Banking, Economy

“Fed Adds $63.5 Billion to Financial System in Repo Transaction”

“The Federal Reserve Bank of New York added $63.5 billion to the financial system Monday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets…” https://www.wsj.com/articles/fed-adds-63-5-billion-to-financial-system-in-repo-transaction-11569846438

Banking, Economy

“Fed Adds $110.1 Billion to Financial System in Latest Transaction”

“The Federal Reserve Bank of New York added $110.1 billion to the financial system Thursday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets…” https://www.wsj.com/articles/fed-adds-110-1-billion-to-financial-system-in-latest-transaction-11569505632

Banking, Economy

“NY Fed to pump $75 bn into money markets daily through Oct 10”

“The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates. The Fed will… Continue Reading…

Banking, Economy, Stocks

“Stocks making the biggest moves premarket: Viacom, Facebook, Caesars, Tesla, GM, Fitbit & more”

“Viacom – Viacom bought the exclusive cable TV rights to the hit sitcom “Seinfeld” from Sony Pictures Entertainment, beginning in October 2021. Netflix had recently acquired the global streaming rights to “Seinfeld.”… Caesars Entertainment – Caesars announced the sale of its Rio hotel and casino in Las Vegas… Continue Reading…