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Market News

Location American Market News for 10 December 2022

Are Bank Stocks Sending A Market Warning?

Forbes - 10 Dec 2022 14:41
Are Bank Stocks Sending A Market Warning? The plunge in the bank stocks last week got the market's attention with some thinking it was a dip to buy. The Viper Report's Tom Aspray takes a technical look at the financial sector and the banks to determine where the...
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Coinbase CEO Says Regulation Could Boost USD Coin Usage

Wall Street Journal - 10 Dec 2022 02:21
The stablecoin is in a heated battle with tether for market share as recent crypto woes erode trust.
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The Data Say Recession And Inflation Is Cratering But This Fed Continues To Raise Rates Everywhere we look, we see signs of a brewing Recession and falling inflation. Black Friday/Cyber Monday sales disappointed, and the Retail sector hired many fewer bodies this year than last. Real compensation per hour i...
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Mumbai-based bank revises bulk FD rates, senior citizens get additional rate of 0.5% The interest rates on FDs without a premature withdrawal facility are higher compared to the rates offered with a premature withdrawal option. The interest rates vary from 5.45% to 7.55% on deposits from ?2 crore and abo...
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What Every Investor Should Know About The Yield Curve There's almost certainly a recession on the way, and we closed-end fund (CEF) investors have a big edge over mainstream investors.
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Higher-for-Longer Rates Are Hammering Bank Stocks

Wall Street Journal - 10 Dec 2022 17:00
The Federal Reserve's signal of a slower but still steep climb for interest rates isn't much help to banks sitting on big piles of bonds.
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The crypto exchange has begun releasing data to shore up investor confidence following the collapse of FTX.
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Bond Investors Swap Mutual Funds for ETFs

Wall Street Journal - 10 Dec 2022 12:30
During a time of sustained tightening by the Federal Reserve, the amount invested in exchange-traded funds has climbed to 21% of bond-fund assets.
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Why prepayment of home loans is better in early years of tenure than later. Explained Home loan prepayments simply mean you pay a certain portion of your loan amount earlier than the planned repayment period. Generally, a borrower tends to pre-pay their loan amount upon having surplus funds.
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