The credit cycle, as well as the business cycle in the United States economy, is getting underway for a major pivot coming into 2024. Whether you are a long-term investor or enjoy dabbling in and out

S&P 500 forecast for end of 2024

08:23am, Monday, 15'th Jan 2024
Last year, and its final quarter in particular, saw remarkable growth both on the stock market and with numerous cryptocurrencies.
Citigroup reported a worse-than-expected top line and a $1.8 billion loss, but the loss was mostly due to restructuring charges. The bank announced plans to cut 20,000 jobs and exit competitive and ri
Citi reported strong earnings on January 12, but fell short of revenue expectations. The institution reported robust overall results, with a very healthy 13.3% Tier 1 Capital ratio. Citi's Series J pr

Breaking Down Early Q4 Earnings Results

09:03pm, Friday, 12'th Jan 2024
We are off to a good enough start in the Q4 earnings season, though it may be hard to reach that conclusion from the seemingly 'noisy' big bank results.
Citigroup Inc. (C) Q4 2023 Earnings Call Transcript
Citigroup on Friday said it will slash 20,000 jobs. The reductions will happen 'over the medium-term,' something that should ultimately bring its expenses down by $2-2.5 billion, Citi said.
Citigroup reported a net loss of $1.8 billion for the fourth quarter, attributing that in part to several “notable items.” The items include a special assessment from the Federal Deposit Insurance
Citi Research listed five of the biggest market and investment themes anticipated for 2024: delayed easing cycles, inflation risks, diverging growth from central banks, broadening of earnings and mark
Mark Mason, Citi CFO, joins 'Closing Bell' to discuss the company's earnings and outlook and firm restructuring.
Citigroup (NYSE: C ) layoffs are the talk of Wall Street today after the investment bank announced that it will cut 20,000 roles, or 10% of its workforce, in a bid to save as much as $2.5 billion amid
An increase in loan and deposit balances support Citigroup's (C) Q4 earnings. However, a decline in revenues and deteriorating credit quality are near-term headwinds.
A slew of bank earnings from the largest financial institutions in the world were released this morning, providing insight into their Q4 and 2023 performance.

Why Are Stocks Down Today?

02:15pm, Friday, 12'th Jan 2024
With stocks down today, it appears many investors are taking a cautious approach to this current environment. Earnings season has just begun, with several large banks kicking off the festivities.
The Big Four banks — JPMorgan Chase (JPM), Citigroup (C), Bank of America (BAC), and Wells Fargo (WFC) — released their fourth-quarter earnings Friday morning, some with mixed results. JPMorgan, h
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