Banks are short more than $1 trillion in capital, says this analyst, who fears the shortfall will only get worse #business

The new year is nearly upon us, and one idea for where to invest is the banking sector, whose margins benefit from the high interest rates, at not terribly demanding valuations. Here to counter that view is Christopher Whalen, the chairman of Whalen Global Advisers, who makes the bold case that banks were short over […]

Year-end rally? Bullish stock-market pattern set to collide with stagflation fears #business

The period between now and year-end marks a historically bullish final stretch of the year for U.S. stocks, particularly just before and after Christmas. The question for investors is whether favorable seasonal factors will be outweighed by economic fundamentals. The momentum toward a year-end rush to stocks seems to only be getting stronger now that […]

Bear markets come in three stages; and we’ve only just started the second, says veteran analyst. #business

Stocks will start the Black Friday half-session near 10-week highs, having rebounded partly on hopes the Federal Reserve will be slowing the pace of interest rate rises as it waits to see how much previous tightening has impacted the economy. Investors are thus looking ahead to when the Fed eventually pivots and borrowing costs can […]

Genesis meltdown: Why investors are worried about bigger problems for crypto #business

Investors are worried that liquidity problems for crypto financial-services firm Genesis could spill over to its parent company, Digital Currency Group, and damage the already battered crypto market even further, after Genesis’s lending arm paused withdrawals last week.  Genesis has been trying to raise at least $1 billion from investors and warned that it may […]

Most retirees and near-retirees are worried about the stock market and inflation. Here’s what they’re doing about it.  #business

The declines in the stock market, surging inflation and rising interest rates have eroded investors’ confidence about their retirement, according to a new report by Janus Henderson Investors. A total of 45% of investors said they felt less confident in their ability to have enough money to live comfortably throughout retirement, and 9% have hired […]