KBE News and Press, SPDR S&P Bank From 05/10/24

2024-05-10 08:00:00 ET Summary Many bank investors have been hyper-focused on commercial real estate loans as an issue for banks. There's a greater issue with credit cards and auto loans which many are overlooking. You have to engage in due diligence regarding the banks that h...

2024-05-03 08:20:00 ET Summary Total assets on the Fed’s balance sheet fell by $77 billion in April, to $7.36 trillion, the lowest since December 2020, according to the Fed’s weekly balance sheet yesterday. In May, the Fed will shed another $75 billion or so in asset...

2024-05-01 12:30:00 ET Summary Google searches of the term “stagflation” went up dramatically last week, but I don’t believe we’re seeing stagflation in the US. The recovery in eurozone services appears to have legs, in my opinion, as we are finally see...

2024-04-30 05:58:15 ET Summary The Pennsylvania Department of Banking and Securities closed Republic First Bank Friday after the closing bell, making the bank the first FDIC-insured institution to fail in 2024. The failure of Republic First Bank highlighted yet again the ongoing p...

2024-04-25 15:15:00 ET Summary The first quarter was a more favorable environment for active managers in U.S. Large Cap, U.S. Small Cap, Emerging Markets, the UK, Europe, Australia, Canada, Long/Short and Global Real Estate, while being more challenging for Global, Global ex-U.S., Jap...

2024-04-19 07:57:00 ET Toronto-Dominion Bank (NYSE: TD) -- or TD Bank, as most people call it -- is a giant Canadian financial institution. It has a historically high 5.3% dividend yield, which happens to be well above the 2.8% average for banks, using SPDR S&P Bank ETF (N...

2024-04-16 10:38:01 ET With bank earnings rolling in, many financial institutions have found themselves in focus this week. With investors parsing the latest financial figures from some of the industry's biggest players, here are the top 10 best year-to-date stock performances among U....

2024-04-16 10:30:00 ET Summary The rise in rates last week pushed the 10-year to its highest level since the peak at 5% in October of last year. Gold has been setting new highs, trading above $2400 at one point on Friday before succumbing to some profit taking. Year-to-date, t...

2024-04-13 07:10:00 ET Summary Big banks benefit from higher interest rates. Big lenders have primed investors for that boost to fade. Bank valuations have sagged under impending new bank rules known as the Basel Endgame that could raise capital requirements by one-fifth, cons...

2024-04-12 08:00:00 ET Summary Over the last two years, we have been highlighting a number of issues that reside on many bank balance sheets. The FDIC is starting to see these issues in their recent data. You have to engage in due diligence regarding the banks that house your ...