KBWB News and Press, Invesco KBW Bank ETF From 04/02/23

2023-04-02 03:43:00 ET Summary Bank shares plunged in the wake of the SVB meltdown, for understandable reasons, while Big Tech was off to the races, for reasons we will explore in further detail below. Stock price valuations are heavily influenced by interest rates, and a reductio...

2023-04-01 02:15:00 ET Summary As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something was breaking. Historically, once the Fed opens dollar swap lines, further monetary accommodations follow from rate cuts to “quantitative ea...

2023-03-31 02:45:00 ET Summary In the event of any further stresses in banks, the U.S. government is very likely to raise the FDIC coverage limit for banks that fail. A repeat of the 2008 financial crisis is very unlikely. Regulators have made the necessary moves to keep issue...

2023-03-31 00:29:00 ET Summary Things seem to be calming down in financial markets, which could be interpreted in one of two ways. So far, I lean towards the benign interpretation — there are some areas of weakness, but not a lot of visible credit failures in the real econo...

2023-03-30 23:27:42 ET Summary The Fed lost money in the 4th quarter for the first time in 107 years.  The loss was -$15.8 billion. The loss was due to the asset/liability match on the Fed's balance sheet where they hold fixed rate assets funded by variable rate liabilities. ...

2023-03-29 05:00:20 ET The Federal Reserve tightened until it broke something: the small banks. Classic Fed! Meanwhile, here at Contrarian Outlook , we’ve been waiting patiently for a big buying opportunity. Biding our time. So… is this our moment? Bank run...

2023-03-29 04:53:00 ET Summary For the week ending March 10, the top six U.S. large money center banks lost approximately 14% in market value; U.S. super-regionals lost around 26% in value; and smaller regionals lost over 30% in market value. Despite the sell-off in European bank ...

2023-03-29 02:22:00 ET Summary The Fed and the ECB hiked their interest rate targets over the past several days and have stated that more rate hikes will be needed. Gold is not the anti-dollar, as it is sometimes labelled. It is reasonable to think of gold as the anti-bank or ...

2023-03-29 01:49:00 ET Summary The action in the bond market suggests that traders are increasingly betting on a recession and a Federal Reserve easing of rates in the US. When bond yield fell in December 2022, potential home buyers who had been on the fence took the plunge. T...

2023-03-28 14:21:47 ET David Herro, the chief investment officer for international equities at Harris Associates, said Tuesday that the banking system itself is not in crisis, even if some individual institutions have run into serious problems. In an interview with CNBC, Herro argue...