Market News
Betting Against Pundits Is Even Worse Than Listening to Them
Wall Street Journal - 14 Mar 2023 12:30
Picks by stock market gurus are no better than a coin flip, but investment products that bet against them are a lousy idea.
The Silicon Valley Bank Collapse May Signal The Start Of A New Debt Crisis
Forbes - 14 Mar 2023 02:51
The Financial Crisis of 2008 did not start with the Lehman Brothers failure of September 2008 but with the collapse of two hedge funds of Bear Stearns in July 2007. Financial crises take a while to unfold, and the collap...
Tech Investors in Southeast Asia Want to See the Money---Now
Wall Street Journal - 14 Mar 2023 15:04
Focusing on profits at all costs might hurt in the long term if competition intensifies.
Credit Suisse Finds Material Weaknesses in Financial Reporting
Wall Street Journal - 14 Mar 2023 13:56
The bank's management concluded that internal controls were ineffective, but said financial results for 2022 and previous years were unaffected by the finding.
Investors Are Searching for Safe Spaces in Banking
Wall Street Journal - 14 Mar 2023 00:03
Uninsured deposits and interest-rate risk may be key variables for investors--but size could be one of the most important.
Silicon Valley Bank Creditors Form Group in Advance of Possible Bankruptcy
Wall Street Journal - 14 Mar 2023 23:30
Centerbridge Partners, Davidson Kempner and Pimco among investors who have hired PJT Partners in anticipation of possible bankruptcy, asset sales.
Tax Extensions: 12 Tips To Save You Money
Forbes - 14 Mar 2023 22:51
Individual tax returns for 2022 are due April 18, 2023. However, most traders aren't ready to file on time. They don't have to rush the completion of their tax returns by April 18. Here are 12 tips for filing extensions ...
Universal Deposit Insurance: The Federal Deposit Insurance Completion Act Of 2023
Forbes - 14 Mar 2023 22:45
I offer a simple legislative reform to our nation's system of deposit insurance. The legislation removes all caps on coverage while retaining the risk-pricing and capital regulation that prevent moral hazard. The upshot ...
Bank Stocks Rally On Tuesday As Investors Ask - Why Are Banks Collapsing?
Forbes - 14 Mar 2023 22:40
Even after the safety measures announced by the Federal Reserve and the FDIC, trading on Monday saw stock prices sink across the banking sector.
Silicon Valley Bank Collapse Suggests 0% Reserve Requirement Won't Halt Bank Runs
Forbes - 14 Mar 2023 22:29
To stop future bank runs, it would help to require banks to back all deposits with cash. That is not going to happen -- but the reserve requirement should be greater than 0% -- the Fed's current target.
Charles Schwab CEO Bought $3 Million In Company's Stock Amid Rout
Forbes - 14 Mar 2023 21:43
Shares of the financial services company are down 24% over the last week as bank stocks tanked.
Are Taxpayers on the Hook for SVB and Signature Deposits?
Wall Street Journal - 14 Mar 2023 21:13
U.S. regulators' assurance that all depositors would get their money back has prompted questions about whether taxpayer funds are at risk.
Social-Media Postings Amplify Anxiety Over SVB Collapse
Wall Street Journal - 14 Mar 2023 20:58
Rapid spread of concerns prompts one lawmaker to call it a "Twitter-fueled bank run."
Flat transfer: can a co-op society insist on succession certificate?
livemint.com - 14 Mar 2023 19:14
While you may apply for the succession certificate or for probate, you can approach the society for admitting you as a provisional member in the interim until and unless the succession certificate is obtained by you.
How to avoid investing in great businesses at untimely valuations
livemint.com - 14 Mar 2023 19:05
If EPS growth expectations embedded in the stock price are too lofty then it is reasonable to avoid the stock.
Home loan tenures jump to over 50 years on rate hikes
livemint.com - 14 Mar 2023 18:59
Those who opted for floating interest rates now face inflated EMIs or longer loan tenures.
Meta's 'Year of Efficiency' Still Looks Costly
Wall Street Journal - 14 Mar 2023 18:37
More job cuts in the name of efficiency will boost revenue per employee, but the social network won't command the margins it once did.
Silicon Valley Bank's Fall Is a Passing Cloud Over Clean Energy
Wall Street Journal - 14 Mar 2023 17:48
Access to lending could get slower for smaller clean-energy spaces where SVB carved out a niche, such as fuel cells and community solar projects.
Tether Becomes Unlikely Crypto Winner in Banking Crisis
Wall Street Journal - 14 Mar 2023 17:39
The stablecoin's market cap has risen 10% this year.
Fed's Tightening Plans Collide With SVB Fallout
Wall Street Journal - 14 Mar 2023 17:13
The Silicon Valley Bank and Signature Bank failures could put the Federal Reserve's rate increases on hold, even as economic data suggest it has more work to do.
How to generate a monthly pension of Rs.1 lakh from NPS?
livemint.com - 14 Mar 2023 17:10
The Pension Fund Regulatory and Development Authority (PFRDA), which is governed by the Ministry of Finance of the Government of India, oversees the National Pension System (NPS), a voluntary specified contribution pensi...
'Head Fake Rally'? Dow Jumps 400 Points On Bank Stocks' $37 Billion Recovery
Forbes - 14 Mar 2023 16:58
Shares of the banks placed under strategic review by Moody's rating agency rallied as much as 60% Tuesday as investors shook off concerns of a Silicon Valley Bank-esque collapse.