KBWB News and Press, Invesco KBW Bank ETF From 05/03/23

2023-05-03 21:35:00 ET Summary With today’s 25-basis-point rate increase, the U.S. Federal Reserve (Fed) has now hiked rates by a cumulative 500 basis points since March of 2022. Whether the Fed hikes rates again in June or goes on pause will likely depend on the labor mark...

2023-05-03 01:36:00 ET Summary Why there may be other small lenders set to fail. The Fed is sticking to plan and focusing on fighting inflation, and nothing else. Are niche banks bearing the brunt of interest rate hikes? JPMorgan Chase ( JPM ) has agreed ...

2023-05-02 01:22:00 ET Summary While uncertainty has increased, we believe fundamentals remain largely solid for the U.S. banking sector. Much of what happened in March, and later in the failure of First Republic Bank, was idiosyncratic rather than a “regional bank crisis.&...

2023-04-29 01:20:00 ET Summary Inflation remains 'unacceptably high', but banking stresses are leading to a tightening of lending conditions, which will do more to slow the economy than the likely 25bp hike on Wednesday. While the Fed will leave the door ajar for further hikes, th...

2023-04-26 22:15:00 ET Summary Crescat is a global macro asset management firm. Our mission is to grow and protect wealth over the long term. The ongoing deficit spending and debt monetization since the 2008 crisis have created a trifecta of macro imbalances. Forward-thinking ...

2023-04-26 01:03:00 ET Summary The biggest deposit flight we have seen in 50 years from commercial banks shows no sign of stopping. Fed Chairman Powell is exacerbating the issue with every rate hike he makes given US 3-Mo T-bills yield nearly 4.75% above the average FDIC savings r...

2023-04-25 11:35:00 ET Summary Considering the pace and magnitude of interest rate hikes over the last year, it’s not surprising that issues in the banking industry have resulted in a confidence crisis. The swift and aggressive intervention by regulatory and private sector ...

2023-04-25 10:31:00 ET Summary Banking stress is unambiguously negative for the economy because it creates difficulties for small and midsize companies, which tend to utilize smaller banks due to the ease of access to credit they provide. We believe the Fed will be reluctant to mo...

2023-04-25 03:25:00 ET Summary Why market uncertainty could lead to a return to quality. The unusual market cycle markets find themselves in now. Canadian banks may face a few tough quarters but will prove their resiliency. Despite potential headwinds, equity markets...

2023-04-21 11:47:00 ET Summary April has started off on a fairly strong note, with equities and bonds both pushing higher over the past month. This comes at a time when Q2 is fraught with recession worries and a renewed potential for energy shortages. How have stocks managed t...