The Election Is Big Stakes For Small Banks -- Barrons.com
The Duration Trade 'Got a Head of Itself' on Fed Expectations
Banks Support Maintaining Fed Independence, Survey Finds
US stocks closed | The three major indices collectively rose, with the China Golden Dragon Index leading the large cap with a rise of over 4%; Bitcoin returned to $0.07 million, and crypto concept stocks strengthened; Donald Trump concept stock DJT surged
Small cap stocks rose 1.7% to lead the way, Nasdaq approaching its all-time high, tesla reversed down by 2.5%, nvidia fell by 1% at one point, nio inc surged over 10%, North American uranium mines and nuclear energy concept stocks rose together, Altman-backed Oklo surged over 28% to a new high.
US 30-year Fixed-rate Mortgage Rises to 6.54%
U.S. stock market closing | The three major indexes fluctuated, Chinese concept stocks outperformed the large caps, pdd holdings rose nearly 3%.
S&P experienced two consecutive days of decline for the first time in over a month, with only the Nasdaq closing higher, Chinese concept stocks surged over 2% before closing nearly 1% higher, showing strong outperformance throughout the day.
US stock market closed | The three major indices rose and fell differently, with most large technology stocks rising, nvidia rising more than 4% to hit a new historical high.
Banks index dropped nearly 2%, small cap stocks fell 1.6%, the decline of Chinese concept stocks narrowed, nvidia rose over 4% to catch up with apple, pdd holdings and Bilibili turned positive, xpeng rose over 3%.
Why Mortgage Rates Are Going up Despite the Fed's Interest Rate Cut
Buy ahead of time in 2016? Benefiting from the 'Trump trade,' assets are outpacing the market, but this time 'it's somewhat different.'
Republican presidential candidate Trump's polls are reversing, and the 'winning odds' are gradually increasing. A Merrill Lynch strategist pointed out that investors seem to be rushing to allocate to symbols that performed well after Trump's victory in 2016. What inspiration does this have for investment?
Countdown to the USA election various data show that Trump's chances of winning seem greater!
①Currently, data from all aspects indicate that the former US president, Trump, seems to have a better chance of winning; ②There are forecasting models showing that Trump's probability of winning surpassed Vice President Harris for the first time on October 19.
McKinsey warns: Banks' profit rebound is 'fleeting', rate cuts will bring adverse effects.
On Friday (October 18th), McKinsey consultants warned in their annual industry status report that the high profits enjoyed by global banks in the past two years may be "fleeting", and predicted that declining interest rates and weak loan demand will pose resistance.
Winning rate soaring! The "Trump trade" is making a comeback, which assets are leading the way up?
In the market, multiple sectors are betting on Trump becoming the winner, Trump media stocks, bitcoin, US dollars, and bank stocks are all rising.
Wall Street is revitalized, Goldman Sachs reaches a new high, CEO asserts: competitors will find it very difficult to catch up with the leading banks.
Top banks in the usa saw a strong rebound in Q3 financial season, Ted Pick from Goldman Sachs stated that smaller banks are finding it hard to catch up with large banks due to high business operation costs.
Market turbulence, Wall Street reaping huge profits: Trading frenzy brings surprising performance.
Following the government spending triggered by the epidemic and the market driven by low interest rates, large banks in the usa have experienced a trading frenzy, where increased volatility has actually fueled trading activity.
Q3 financial report performance is outstanding! Several Bank of America stocks have reached new highs together, can they continue to strengthen during the rate cut cycle?
Yesterday, JPMorgan, Goldman Sachs, Wells Fargo & Co, Morgan Stanley, and bank of new york mellon all hit record highs during yesterday's trading session. However, the stock prices later rose and fell back, with bank stocks showing mixed performance at the close.
CEO is bullish, but Wall Street is bearish? There is a significant difference in profit expectations for this financial report season in the US stock market.
Analysts predict that s&p 500 component companies will see a 4.2% year-on-year growth in profits in the third quarter, while these companies' own guidance predicts a 16% growth, indicating that corporate performance is likely to exceed Wall Street expectations.
Trump or Harris? Analysts are hotly debating the impact of the election results on various sectors of the US stock market.
①Over the past 8 years, the Trump administration and the Biden-Harris administration have fully demonstrated their policy orientations; ②Overall, industries such as finance and technology that are under the key regulation of the Biden administration are more likely to benefit from Trump's "rollback" policies, while the bullish outlook for other industries is relatively less obvious.
Warren Buffett's attitude towards the banking industry has turned cold, with Bank of America's holdings shrinking. How will the future situation unfold?
As Buffett gradually adopts a negative attitude towards the banking industry, his shareholding in Bank of America has decreased significantly. This change has sparked investors' contemplation about the future situation: will Buffett completely exit, or will he continue to reduce his shareholding?
Mega-Cap Bank Earnings Help Push S&P 500, Dow to New Record Highs
jpmorgan's financial report is coming. Can a 50 basis point rate cut keep the bank of america industry safe?
JPMorgan has performed well in a tightening environment in the past, but now that a rate-cutting cycle has started, the market is full of doubts about how it will respond to this change. Like other major banks, as the yield on interest-earning assets such as loans declines, JPMorgan's profit margin may come under pressure. Last month, JPMorgan lowered its expectations for net interest income and expenses in 2025.