ThinkstockThe Federal Reserve releases its balance sheet details each week. These are no longer moving the credit markets as the perception is that the end of quantitative easing has started via the Fed’s bond…
ThinkstockFor a bull market to stay alive, you have to have participation from the financial sector. Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) has been a financial stock buyer for many years. In…
Wikimedia CommonsGet ready for the debate over “too big to fail” all over again. It is always interesting when a former Federal Reserve Chairman is out speaking about the world after their tenure. Former…
ThinkstockCan you imagine that the Greek banking sector is being raised by a credit ratings agency? It sounds impossible to imagine if you have been following the story as long as we have. Still,…
ThinkstockThe media debate over PIMCO about who said what between “bond king” Bill Gross and Mohamed El-Erian is not in the news so much right now, but the reputational damage to the firm may…
ThinkstockEarlier this week we showed how a key market technician was showing concern that banks and financials are not participating in the rally. That is particularly troubling when you consider that the Dow Jones…
Courtesy of American ExpressAmerican Express Co. (NYSE: AXP) is an important financial stock to the markets, only a part of which is because it is a Dow Jones Industrial Average component. The company is…
Amazon.com announced Tuesday morning that it is adding France, Italy and Spain to the countries where its virtual currency, Amazon Coins, are available, giving away millions of them to new customers.
ThinkstockTechnicians are an interesting lot. After all, they use charts, inflows and other overbought or oversold indicators to see what the story is telling you. It is no secret that longer-term gains in the…
More than once over the past two years, the 24/7 Wall St. team has tried to identify opportunistic times to effectively short the Treasury bond market. If the horrible reaction to Thursday’s 30-year Treasury…
ThinkstockBarclays PLC (NYSE: BCS), the U.K.-based bank that has been in legal trouble for most of the past half-decade, will downsize its investment bank by as many as 14,000 people. As part of the…
Wikimedia CommonsAmerican International Group Inc. (NYSE: AIG) is out with its first quarter earnings. As a reminder, Barron’s recently published that AIG could double in five years. AIG reported net income of $1.6 billion…
ThinkstockThe Federal Reserve released Monday its April opinion survey of senior loan officers regarding bank lending practices. The short version is that bank lending requirements have eased somewhat for business and commercial real estate…
Ares Management sold 11.2 million shares Friday morning at an IPO price of $19 a share, well below both the planned offer of 18.2 million shares and the expected price range of $21 to…
ThinkstockThis might not be a true surplus in the classic sense of budgeting, but it is a start. The U.S. Treasury may start borrowing less money via smaller bond and note auctions. The proposed…