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Markets closed lower on worries about
Markets closed lower on worries about insolvency in regional banks and fears that too much liquidity had flowed into illiquid assets as the stocks of the two companies fell because of insolvency at Zion Bank and Western Alliance. Coincidentally, the news followed by comments by Chairman JP Morgan Dimon on Tuesday that a cockroach was…
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Trump pushes again for end of Russia-U.S.
1) USD-Won falls amid Korea-U.S. trade agreement expectationsLast night, the dollar-won (REGN) exchange rate closed around 1,417 won, down about 5 won from the previous day. The KOSPI surged and the won was relatively strong as optimism in trade negotiations between South Korea and the U.S. has emerged. Expectations have grown that the $350 billion…
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The real reason JPMorgan is pouring in $1.5 trillion
💰 The real reason JPMorgan is pouring in $1.5 trillion “National security values determine corporate prices… birth of strategic asset markets” 🔄 End of 40-year financial capitalism Wall Street, which used to believe in efficiency, has changed 180 degrees. JPMorgan has announced that it will invest $1.5 trillion in U.S. strategic industries over the next…
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fall mainly on concerns over regional banks’ bad loans
10/17 U.S. stocks fall mainly on concerns over regional banks’ bad loans The U.S. stock market started higher, reflecting expectations for further rate cuts due to comments from Fed members. However, amid the recent rise in bad loans by some regional banks, the management of large banks has turned downward due to warnings of credit…
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Powell Suggests QT Ends in Months 🚀
Powell Suggests QT Ends in Months 🚀 [Policy interest rate]