US Regional Banks Set To Erase All Losses Post SVB Fallout: Can They Maintain Momentum In 2024?
Regional banks enjoy an uptrend as stocks reach levels reminiscent of those during the onset of the Silicon Valley Bank crisis in March.
US ETFs Surpass $8 Trillion In Assets: Top 10 Funds Holding Over $100B Each
US ETFs surpass $8 trillion AUM, US stock & bond markets rally & investors pour in fresh capital, setting record highs & strong growth for 2023.
“Bank Of Japan Sticks To Ultra-Easy Monetary Policy In Light Of ‘Extremely High Uncertainties’; To Keep Interest Rates At -0.1%, Sticking To Its Yield Curve Policy That References The 1% Upper Bound For 10-Year Japanese Government Bonds As Its Limit” -…
https://www.cnbc.com/2023/12/19/boj-bank-of-japan-sticks-to-ultra-easy-monetary-policy-in-light-of-high-uncertainties.html
US Car Owners Drowning In Debt: Underwater Crisis Deepens, Delinquency Rates Rise
U.S. car loan market is facing a challenge with rising interest rates & falling vehicle values. Borrowers are in a precarious position as their debt value is higher than car's market value. Auto loan debt is the third-largest consumer debt, & delinquency rate is at a record high.
US Stocks Extend Year-End Rally, Nasdaq Flirts With Record Highs, Oil Rebounds: What’s Driving Markets Monday?
Wall Street continues to be optimistic in lead-up to Christmas, with all major indices up. Energy & Communications had biggest gains, Real Estate & Utilities fell most.
Young Americans Embrace ‘Buy Now,Pay Later’ For Holiday Spending: 5 ETFs To Watch
Bank of America's Winter Spending survey reveals the resilience of younger generations in holiday spending despite tight budgets and adoption of 'Buy Now, Pay Later' services. Millennials and Gen Z least inclined to reduce spending, but deposit balances decreasing.
US Stocks Mark 7th Week Of Gains, Nasdaq Moves Closer To All-Time Highs: What’s Driving Markets Friday?
U.S. stocks are poised to close their seventh consecutive week of gains, marking their longest winning streak since October 2017.
In Friday’s session, the S&P 500 index hovered around the flatline at 1 p.m. in New York, while the Nasdaq 100 rose by 0.4%, getting closer to retesting their all-time highs.
US Economy Gains Momentum In December, Led By Services Sector Growth
US economy shows slight improvement in Dec. driven by service sector, while manufacturing struggles with declining production & employment.,
Markets Go ‘All-In’ On Fed Pivot: Bank of America Forecasts 152 Global Interest Rate Cuts For 2024
Bank of America strategist predicts 152 rate cuts in 2024, sparking a rally in risk assets. Markets are expecting a 4.6% rate in 2024.
Will Unemployment Spike In 2024? History Of Fed Rate Cuts Would Suggest So
Historical data suggests around 7.5% of Americans could be without work within the next couple of years