Credit Suisse Clients Are Withdrawing Billions of Dollars
Credit Suisse clients are withdrawing billions of dollars after several scandals and setbacks have come to light. Here's the latest news.
Market Strategist Suggests 2023 May Be the Year to Buy
Market Strategist David Rosenberg predicts 2024 will be a bullish year for the stock market. 2023 may be the year to buy stocks. Market news.
Short Sellers Are Down $81 Billion This Year
WSJ says short sellers feel the pain in the stock market's 2023 rally as losses amount to more than $81 billion this year so far.
SPY Stock Continues to Make Lower Lows and Lower Highs
Looking at the SPY for the year and we see that the market continues to make lower lows and lower highs. SPY stock took a big hit on Wednesday during JPOW’s speech, dropping from $405 to as low as $396. The index closed at $399.40 but continues to…
Bank of America Expects a Recession by Q1 of 2023
Bank of America is expecting a recession to hit the U.S by the first quarter of 2023. There is a major slowdown happening says CEO Brian Moynihan. Economists are now expecting a volatile market to persist in 2023. A recession may be coming in the first…
