US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

Gold Slides on Higher US Treasury Yields, Dólar

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Además,…

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

The banking industry in the United States is still struggling after the collapse of three major banks. Según las estadísticas, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, cual es…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Al mismo tiempo, the cycle with the highest hikes may soon be over, the officials indicated. End of

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such asbanking crisis,” “bank collapse,” y “bank failure.”…

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 por unidad. Seven days later, gold rose 9.65% contra los estados unidos. dollar to the current spot price of $1,988 per ounce. Golds rise comes

Billionaire ‘Bond King’ Jeffrey Gundlach Expects Fed to Raise Rates Next Week — ‘That Would Be the Last Increase’

Billionaire Jeffrey Gundlach, aka theBond King,” expects the Federal Reserve to raise interest rates at its March meeting next week, cual “would be the last increase,” él dijo. Además, Gundlach cautioned: “The inflationary policy is back in play with

Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System

Goldman Sachs has revised its U.S. interest rate forecast due tostress in the banking system.The global investment bank no longer expects the Federal Reserve to raise interest rates at its Federal Open Market Committee (FOMC) meeting in March after

"Fiat es frágil"-El colapso de Silicon Valley Bank despierta los dedos y las preocupaciones de contagio

Banco del Valle del Silicio (SVB) se ha convertido en el centro de atención después de que su colapso provocó el EE. UU.. Corporación Federal de Seguros de Depósito (FDIC) para cerrar el banco el viernes. Era el mayor EE. UU.. falla bancaria desde 2008, and various alleged catalysts