KBE News and Press, SPDR S&P Bank From 08/24/23

2023-08-24 02:45:00 ET Summary As an active investment manager, we are constantly monitoring and re-evaluating our holdings to make sure that they continue to track our investment strategies. The technology sector has been dominating this year, in fact it was the driver behind the...

2023-08-23 13:10:00 ET Summary Bank assets and liabilities are at an extreme duration mismatch, where balance sheets are filled with long-duration, low-yielding fixed-income securities and loans, while liabilities are shorter-term than previously anticipated. Significant issues pe...

2023-08-22 12:00:39 ET More on U.S. Banks A Rising Interest Rate Freight Train Is Coming For The Economy KBE: Rising Interest Rates May Lead To Resumption Of Downside KRE: The Fed Wants Large Banks To Consume Smaller Ones KeyCorp: Is The Juicy 7% Dividend Saf...

2023-08-22 09:29:44 ET Summary Rising interest rates are threatening to turn the economy and markets upside down after 14 years of zero-interest rate policies. Interest rates are skyrocketing, with the 30-year fixed-rate mortgage hitting 7.48% this week. These higher rates hav...

2023-08-22 04:54:25 ET S&P Global Ratings has downgraded five regional U.S. banks, citing tough operating conditions, although most of their outlooks are now stable on account of improved stability as deposit declines have been more modest than feared. "Amid higher for longer i...

2023-08-18 05:49:38 ET Summary Regional banking crisis has eased with stabilizing bank deposits and recovery in the KBE ETF. However, rising long-term interest rates may resume pressure on banks' assets and unrealized losses on investment securities. With credit normalizing an...

2023-08-15 07:58:34 ET A Fitch Ratings analyst has warned that dozens of U.S. banks's credit ratings, including at some of the nation's biggest lenders, are at risk, though it's not a foregone conclusion, according to a media report. In June, Fitch lowered U.S. banks' operating environm...

2023-08-10 01:45:00 ET Summary Recession? Soft Landing? Getting a read on where the US economy is headed hasn’t been easy. We believe that the supply and demand sides of the economy meet at the labor market. And it, though strong by historical standards, has started to soft...

2023-08-01 02:30:00 ET Summary The Federal Reserve's Senior Loan Officer Opinion Survey shows banks are being increasingly restrictive in their lending practices. Households and businesses are wary of taking on additional borrowing. Given how important credit flow is to the US...

2023-07-28 11:00:00 ET Summary Avi Gilburt specializes in Elliott Wave analysis and runs The Market Pinball Wizard. He believes investors should start raising cash and prepare for a potential major bear market. Torn on whether the bear market has already begun, Avi is closely watc...