VFH News and Press, Vanguard Financials From 11/12/22

Summary Why the declines in tech on the S&P 500 may be hiding strength in other sectors from investors. The energy sector may still provide opportunities for investors. Insurers are not suffering the same challenges as other financials in the current high-rate environment....

Summary Why lending has remained strong for U.S. banks even as a recession looms. Does the Fed have to go 'too far – too fast' to tackle inflation? The signals that are causing banks to become more cautious about loan losses. Aggressive rate hikes by t...

Summary Big bank earnings season has come and gone. The big banks all posted large increases in net interest income. Their earnings declined due to rising PCLs, but PCL build is mostly just a precaution, not a true "loss." The Vanguard Financials ETF gives you exposure to ...

The stock price of SVB Financial Group (NASDAQ: SIVB) , better known as Silicon Valley Bank, is down about 66% so far in 2022. The bank has been a huge disappointment in what is normally a fairly pedestrian financial services industry, and this year's drop has nearly erased three ye...

Summary Persistent inflation spurred the US Federal Reserve to raise interest rates aggressively in the third quarter, with 0.75% hikes in both July and September. Earnings estimates for equities had continued to climb during the early part of the year and only started to moderate...

Summary TD Bank stock fell 4.6% on Thursday. There was no noteworthy news about the company on the day it happened. It could have been partially due to the US Dollar strengthening against the Canadian dollar, but TD earns a lot of revenue in the U.S. In this article, I exp...

Summary Climate Week NYC 2022 recently convened climate leaders across government, business, civil society, and science under the theme of “Getting It Done”. The event, now in its 14th year, covered a wide swathe of topics, including energy, nature, transport, enviro...

Summary We expect macro headwinds will continue to pressure U.S. corporate earnings in the coming months. We expect earnings expectations to decline as multinational firms realize foreign exchange headwinds that accelerated over the past year. Investors can avoid undue interna...

Summary With inflation at the highest level in decades and volatility continuing to surge, equity investors are questioning their next moves. At the beginning of the year, financial conditions were very loose by any means historically, and we've very rapidly moved from loose finan...

Summary The main economic data release for the trading week is the US inflation report. The UK economy is in a precarious position and facing a recession. Chinese President Xi is expected to meet with Russian President Putin at the Shanghai Cooperation Organisation summit in U...