Investors Turn Bearish Amid Iran War and Private Credit Turmoil
Global investors turned sharply bearish in March as the ongoing war with Iran and mounting concerns about private credit markets ended months of “frothy optimism.”
Financial Markets
GOP Rep. Perry: ‘Criminal’ CCP Needs to Be Blocked from U.S. Financial Markets, Buying Businesses
On Monday’s broadcast of the Fox Business Network’s “Varney & Co.,” House Freedom Caucus Chairman Rep. Scott Perry (R-PA) called for the United States to have parity with China and block China from participating in U.S. financial markets and buying
SVB International Fallout: UK and EU Lenders Lose £30 Billion Overnight as ‘Panic’ Spreads
The Silicon Valley Bank fallout went international with UK and European lenders seeing nearly £30 billion wiped off their portfolios
Erdogan Declares Holy War on Inflation as Turkey’s Economy Collapses
Turkish President Recep Tayyip Erdogan on Sunday invoked Islamic law to restate his promise to bring inflation under control without raising interest rates, even as Turkey’s economy teetered on the brink of a meltdown and its currency fell to an all-time low against the euro.
Farage: Britain Will ‘Shut Down Paris, Frankfurt’ if EU Plays Bully
Brexit Party leader Nigel Farage has said that if the European Union tries to force the City of London into regulatory alignment for financial services, the British can take the recent example of the Swiss, “undercut” the bloc, and, within a year, Paris and Frankfurt would be closed down.
STUDY: May Govt to Hand EU Financial Firms Brexit Advantage
Theresa May’s government is set to make it easier for European Union (EU) firms to access UK financial markets than it will be for UK firms to access European markets, experts say.
Wall Street Is Obsessed with Gary Cohn
The fate of Gary Cohn is a big topic at New York’s biggest Wall Street conference Tuesday. That’s hardly surprising.
Woodson: Trump Should Block China from Buying U.S. Money Transfer Company
A recently-announced purchase of an American financial services corporation by a Chinese owned company may weaken President Trump’s efforts to make America great again and could set back Trump’s trade reform efforts.
Britain’s FTSE 100 Rises to Build on Post-Brexit Recovery
Reuters – Britain’s top shares index rose on Monday, as firmer mining stocks helped the market build on last week’s recovery from a slump caused by the UK’s decision to leave the European Union. The blue-chip FTSE 100 index, which
Israeli Stocks Rise Despite Triple Terror Attacks
TEL AVIV – A spate of terror attacks on Tuesday did not slow down Israeli stocks, which hit a new high when the Tel Aviv Stock Exchange closed on Wednesday. Rising stocks outnumbered declining ones on the Exchange by 195 to
Federal Reserve Decides Not to Hike Interest Rates
The Federal Reserve is keeping U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets.
