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Stock Markets Tumble as Bank Worries Spread to Europe

Mar 15, 2023
Barry Adams
Market indexes in the U.S. and Europe dropped sharply on the growing realization that rising interest rate risks could lead to deposit risks and may create conditions for a bank run at undercapitalized banks.

Wall Street Powered Ahead as Interest Rate Risks Deepen for U.S. Banks

Mar 14, 2023
Barry Adams
Swift and strong actions by bank regulators and government officials calmed market nerves. However, banks of all sizes face larger interest rate risks and worries of deposit outflows as the economy slows down and higher rates stay longer.

Major Averages Advanced After February Inflation Eased, Regional Banks Rebounded

Mar 14, 2023
Barry Adams
Market indexes advanced after overall inflation eased in February. Regional banks rebounded and trimmed losses of the previous three sessions. Moody's lowered its view on the entire U.S. banking system and placed six banks on its watch list.

Sharp Swing In Treasury Yields After Traders Bet On Rate Hike Pause

Mar 13, 2023
Barry Adams
Treasury yields dropped the most since 1987 after a 3-dey decline extended losses to the levels not seen in decades as investors grappled with what else financial regulators and the Federal Reserve bankers do not know.

Federal Reserve, FDIC and Treasury Department Move to Stop SVB Contagion from Spreading

Mar 13, 2023
Barry Adams
Financial regulators and Treasury officials worked together to prevent the SVB fallout from spreading to other banks and keep the banking system stable. Despite the swift actions, future interest rate hikes are only going to exacerbate the situation for thinly capitalized banks with a higher percentage of uninsured deposit base.

Silicon Valley Bank's Rapid Collapse Fueled Losses On Wall Street

Mar 10, 2023
Barry Adams
The rapid demise of Silicon Valley Bank highlighted fragility of the banking system and inadequacies of the regulatory system. Investors shunned bank stocks in the US and Europe and major averages dropped 2%.

Bond Yields Dropped After Investors Focused on Moderate Wage Gains In Employment Report

Mar 10, 2023
Barry Adams
Major averages lacked direction after employers expanded payrolls at a brisk pace in February but wage gains moderated. Treasury yields plunged. About 15% of S&P 500 index stocks traded at new 52-week lows.



S&P 500 and Nasdaq Down 2% Ahead of Friday's Jobs Report

Mar 9, 2023
Barry Adams
The S&P 500 and the Nasdaq Composite indexes fell 2% ahead of the closely watched nonfarm payroll report on Friday. Energy prices in New York and Europe declined.

Investors Struggle to Adjust to Fed's Delayed Stronger Action Message

Mar 9, 2023
Barry Adams
Major averages meandered on rate path worries and kept investors on edge ahead of Friday's nonfarm employment report.

Caught Between Recession and Inflation Worries, Investors Stay Undecided

Mar 8, 2023
Barry Adams
Private payrolls data suggested that despite multiple rate hikes the U.S. economy is standing strong and faster rate hikes may be needed to cool inflation to the long run average of 2%.

Private Payrolls Gain Signaled Faster Rate Hikes Ahead

Mar 8, 2023
Barry Adams
Stocks lacked direction and investors reviewed the latest private payrolls and international trade data. Tight labor market conditions are signaling faster rate hikes may be needed to cool inflation.

Markets Confront Reality of Higher and Faster Rate Hikes After Powell Comments

Mar 7, 2023
Barry Adams
U.S. stocks accelerated declines and the yields on Treasury notes with maturities less than 2 years crossed 5% for the first time in 16 years.

Major Indexes Fall On Rate Path and Terminal Rate Worries

Mar 7, 2023
Barry Adams
Major averages struggled after hawkish comments from the Federal Reserve chairman suggested the likelihood of faster rate hikes and higher-than-previously anticipated terminal rates.

Tech Rally Lost Steam After U.S. Treasury Yields Rebounded

Mar 6, 2023
Barry Adams
Tech rally lost steam after three hours of trading and Treasury yields rebounded. Natural gas prices plunged the most in three months amid forecasts of milder weather for the next two weeks.



Stocks Accelerate Gains Ahead of Jobs Report and Fed Comments

Mar 6, 2023
Barry Adams
Benchmark indexes jumped close to 1% ahead of the release of the Federal Reserve chairman Jerome Powell comments to lawmakers over the next two days and February jobs report on Friday.