JaiBalayyaaa Posted April 14, 2023 Report Posted April 14, 2023 3 minutes ago, dasari4kntr said: yup… But futures are down. Quote
*Prince Charming Posted April 14, 2023 Report Posted April 14, 2023 14 minutes ago, dasari4kntr said: yup… All big banks posted good earnings so far. Fingers crossed 🤞 1 Quote
Ravi860 Posted April 14, 2023 Report Posted April 14, 2023 53 minutes ago, *Prince Charming said: All big banks posted good earnings so far. Fingers crossed 🤞 Intha range lo banks earnings unnayi ante fed Inka enduku a aagutharu.. more hikes coming. Parigethandrooooo Quote
Hindhustani Posted April 14, 2023 Report Posted April 14, 2023 1 hour ago, dasari4kntr said: yup… Bro is this good for stick market to buy stocks? Quote
VictoryTDP Posted April 14, 2023 Report Posted April 14, 2023 5 minutes ago, Hindhustani said: Bro is this good for stick market to buy stocks? Bro markets are volatile now, don’t try to time it, if you are in for long term, buy in small chunks Quote
AndhraneedSCS Posted April 14, 2023 Report Posted April 14, 2023 22 hours ago, Vaampire said: Unpopular opinion: recession is needed in this moment. Postponing it will be dangerous… inflation handling ni postpone chesi penta chesaru neekendi babu houses konali ani dabbulu ready ga pettukunnavu. Andaru ala kadu ga Quote
dasari4kntr Posted April 14, 2023 Author Report Posted April 14, 2023 13 minutes ago, Hindhustani said: Bro is this good for stick market to buy stocks? what ever the stock..you want to buy...compare with pre pandemic price... if it is less than pre pandemic price or near...give it a try..and also...check the stock/fund profile...is it growth or value..? and performace of the company... Quote
*Prince Charming Posted April 14, 2023 Report Posted April 14, 2023 20 minutes ago, Ravi860 said: Intha range lo banks earnings unnayi ante fed Inka enduku a aagutharu.. more hikes coming. Parigethandrooooo Very high chance of fed hikes Quote
dasari4kntr Posted April 17, 2023 Author Report Posted April 17, 2023 Charles Schwab (SCHW) on Monday said it lost $41 billion in deposits in the first three months of 2023, offering investors the first detailed look at how a firm at the center of last month’s banking crisis navigated the tumult. That drop was roughly in line with what analysts expected. The brokerage giant also said first-quarter profit of $1.6 billion and revenue of $5.1 billion were up from the first quarter of 2022 but down when compared to the fourth quarter. Shares of the brokerage giant have lost nearly 40% so far this year, including a more than 30% drop in March–the worst month ever in the company’s five-decade-long history. Shares are up more than 2% in pre-market trading. Investors punished Schwab following the March 10 failure of Silicon Valley Bank, looking for other institutions that could face an outflow of depositors or had sizable paper losses on their debt securities due to rising interest rates. Their concern was that Schwab’s bank clients might move their money from “sweep accounts” into higher-yielding alternatives, and that could force the company to sell some of its bonds at a loss. It ended the first quarter with $325 billion in deposits. That was down 11% from the fourth quarter and 30% from the year-ago quarter. During the peak of the turmoil in March, Schwab felt compelled to come out publicly and reassure investors its liquidity remained strong. Its CEO told The Wall Street Journal the brokerage could continue to operate even if it lost most of its deposits over the next year “without having to sell a single security.” This is a breaking story. More to come. Quote
Ravi860 Posted April 17, 2023 Report Posted April 17, 2023 3 hours ago, dasari4kntr said: Charles Schwab (SCHW) on Monday said it lost $41 billion in deposits in the first three months of 2023, offering investors the first detailed look at how a firm at the center of last month’s banking crisis navigated the tumult. That drop was roughly in line with what analysts expected. The brokerage giant also said first-quarter profit of $1.6 billion and revenue of $5.1 billion were up from the first quarter of 2022 but down when compared to the fourth quarter. Shares of the brokerage giant have lost nearly 40% so far this year, including a more than 30% drop in March–the worst month ever in the company’s five-decade-long history. Shares are up more than 2% in pre-market trading. Investors punished Schwab following the March 10 failure of Silicon Valley Bank, looking for other institutions that could face an outflow of depositors or had sizable paper losses on their debt securities due to rising interest rates. Their concern was that Schwab’s bank clients might move their money from “sweep accounts” into higher-yielding alternatives, and that could force the company to sell some of its bonds at a loss. It ended the first quarter with $325 billion in deposits. That was down 11% from the fourth quarter and 30% from the year-ago quarter. During the peak of the turmoil in March, Schwab felt compelled to come out publicly and reassure investors its liquidity remained strong. Its CEO told The Wall Street Journal the brokerage could continue to operate even if it lost most of its deposits over the next year “without having to sell a single security.” This is a breaking story. More to come. Uncle dollar and yields keeps going up… we are getting ready to get f****ed Quote
dasari4kntr Posted April 17, 2023 Author Report Posted April 17, 2023 Just now, Ravi860 said: Uncle dollar and yields keeps going up… we are getting ready to get f****ed ee yield meeda edo news nadustundi... indaaka choosa...inkaa chadavala... will post once i read it... 1 Quote
dasari4kntr Posted April 17, 2023 Author Report Posted April 17, 2023 27 minutes ago, Ravi860 said: Uncle dollar and yields keeps going up… we are getting ready to get f****ed https://www.barrons.com/articles/yield-curve-inflation-e5797e58?mod=hp_LEAD_1_B_3 Summary: The article discusses two economic indicators - the inverted yield curve and inflation rate - and provides an unconventional perspective on their implications. Inverted Yield Curve: Campbell Harvey's 1986 dissertation linked inverted yield curves to recessions. Typically, when short-term interest rates are higher than long-term rates, it signals pessimism in financial markets, followed by a recession in 6-18 months. However, the current yield curve inversion is different, as it has been caused intentionally by the Federal Reserve to prevent trillions of dollars from flooding the markets and undermining the Fed's control over short-term rates. Harvey believes that the current inversion may not necessarily lead to a recession, although the Fed's continued rate increases have increased the chances of one. Inflation Rate: The 12-month Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) show inflation rates much higher than the Fed's 2% target. However, Harvey suggests measuring inflation using a shorter period since the Fed's rate hikes began to take effect. Annualizing the numbers since summer shows lower inflation rates, closer to the Fed's target. This unconventional view suggests that inflation may be more under control than it appears. In summary, the article presents unconventional ways of looking at the yield curve and inflation numbers, suggesting that the situation might not be as dire as conventional wisdom implies. Quote
Ravi860 Posted April 17, 2023 Report Posted April 17, 2023 7 minutes ago, dasari4kntr said: https://www.barrons.com/articles/yield-curve-inflation-e5797e58?mod=hp_LEAD_1_B_3 Summary: The article discusses two economic indicators - the inverted yield curve and inflation rate - and provides an unconventional perspective on their implications. Inverted Yield Curve: Campbell Harvey's 1986 dissertation linked inverted yield curves to recessions. Typically, when short-term interest rates are higher than long-term rates, it signals pessimism in financial markets, followed by a recession in 6-18 months. However, the current yield curve inversion is different, as it has been caused intentionally by the Federal Reserve to prevent trillions of dollars from flooding the markets and undermining the Fed's control over short-term rates. Harvey believes that the current inversion may not necessarily lead to a recession, although the Fed's continued rate increases have increased the chances of one. Inflation Rate: The 12-month Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) show inflation rates much higher than the Fed's 2% target. However, Harvey suggests measuring inflation using a shorter period since the Fed's rate hikes began to take effect. Annualizing the numbers since summer shows lower inflation rates, closer to the Fed's target. This unconventional view suggests that inflation may be more under control than it appears. In summary, the article presents unconventional ways of looking at the yield curve and inflation numbers, suggesting that the situation might not be as dire as conventional wisdom implies. simple bro free money print chesaru and dhani repercussions ivanni. E recession ni avoid cheyadam very simple thing if they really want to. But they are really pushing it far. 1 Quote
dasari4kntr Posted April 18, 2023 Author Report Posted April 18, 2023 Bank of America BAC +2.88% ‘s first-quarter earnings topped expectations, continuing a trend at peer banks earlier this month. The bank’s profit rose 15% to $8.2 billion, or 94 cents a share, topping expectations that it would earn 81 cents a share. Revenue grew 13% to $26.3 billion, well ahead of the $25.2 billion forecast by analysts surveyed by FactSet. The jump in revenue was helped by a 25% increase in net interest income to $14.4 billion. Like JPMorgan Chase (JPM) and other banks that posted results last week, Bank of America’s surge in net interest income was due in large part to the Federal Reserve’s rate hikes over the past year. JPMorgan’s net interest income climbed 49% year over year. Quote
dasari4kntr Posted April 18, 2023 Author Report Posted April 18, 2023 Goldman Sachs Despite an earnings beat, Goldman Sachs’ first-quarter results look to be bucking the trend among the major U.S. banks. Investors may blame an underwhelming performance from the groups’ fixed-income trading division. Goldman Sachs (ticker: GS) reported earnings of $8.78 a share on revenue of $12.22 billion in the first quarter. Analysts surveyed by FactSet had expected earnings of $8.14 a share on revenue of $12.76 billion. Revenue fell short, with much of the miss stemming from Goldman’s trading division. The bank relies heavily on investment banking and trading as a source of revenue, unlike rival banks that have more prominent consumer banking or asset management businesses. Amid a slowdown in investment banking—with mergers and acquisitions as well as initial public offerings lagging—and chaos in global markets amid a panic over the health of banks, Goldman’s trading division should have shone. At least, that was what was expected. Overall, the global banking and markets division—which includes investment banking—reported revenue of $8.44 billion, a touch ahead of the $8.4 billion expected by analysts. Investment banking fees of $1.58 billion, a 34% slowdown from a year ago, were ahead of the estimated $1.44 billion. But amid turmoil in bond markets in the first quarter, fixed-income trading brought in $3.93 billion—far short of the $4.16 billion expected by analysts. Net interest income—a key measure of profit measuring the difference between interest earned on loans and paid on deposits—also disappointed, with income of $1.78 billion below the $2.11 billion expected by analysts. Quote
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