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Buy FAZ
$39.37
-0.640 (-1.60%)
At Close: Jun 22, 2026
Oil plunge delivers 'body blow' to banks - Bove
01:09pm, Monday, 09'th Mar 2020
The plunge in oil prices "will be a big problem for America's banks" because all of the majors — including Bank of America (NYSE:BAC), Citigroup (NYSE:C), JPMorgan Chase (NYSE:JPM), and Wells
Market Gives Back Most of Yesterday’s Rally... Again
02:15pm, Friday, 06'th Mar 2020
Market Gives Back Most of Yesterday’s Rally... Again
Expect a record wave of mortgage refinancing after Fed cut
02:22pm, Wednesday, 04'th Mar 2020
The Fed's 50-basis point rate cut and the resulting plunge in long-term bond yields will push mortgage rates to "unimaginable" lows and likely trigger a wave of refinancing that will put billi
Financials sink, homebuilders rise after Fed cut
04:38pm, Tuesday, 03'rd Mar 2020
With the Fed lowering interest rates, bank stocks swoon and homebuilders revive.Financial Select Sector SPDR ETF (NYSEARCA:XLF) sinks 2.9%, while the iShares U.S. Home Construction ETF (BATS:ITB) a
It Could Be Time For These Two Bearish Bank ETFs
04:02pm, Tuesday, 03'rd Mar 2020
Stocks rallied Monday and financial services names participated in that upswing, but if coronavirus-related selling returns, it's hard to imagine the S&P 500's third-largest sector weight providing an
Now is not the time to buy bank stocks, says Odeon's Bove
02:57pm, Friday, 28'th Feb 2020
Even before coronavirus clouded the global economic outlook, Odeon Capital analyst Dick Bove was warning that the banking industry's business model was changing radically and would result in lower mar
Fed's Bullard sees coronavirus as likely to blow over soon
02:36pm, Friday, 21'st Feb 2020
The coronavirus is likely to be a short-term problem that will soon blow over without the need to cut rates, St. Louis Fed President James Bullard said in an interview on CNBC.Traders' expectations th
Fed sees need for regular open market operations to maintain reserves
07:41pm, Wednesday, 19'th Feb 2020
The repurchase agreement, or repo, operations that the Fed implemented in mid-September 2019 to calm money markets did what they were intended to do and proceeded smoothly, Fed officials said, accordi
New York Fed to start publishing SOFR averages in March
05:45pm, Wednesday, 12'th Feb 2020
To prepare for the transition away from U.S. dollar LIBOR, the Federal Reserve Bank of New York will start publishing 30-, 90-, and 180-day Secured Overnight Financing Rate (SOFR) averages as
Household debt rises 1.4% to $14.15T in Q4
07:59pm, Tuesday, 11'th Feb 2020
Total household debt rose, up 1.4% Q/Q, marks the 22nd straight quarterly increase, according to the New York Fed's Center for Microeconomic Data.Total household debt is now $1.5T higher, in nominal t
Fed working with banks on credit-sensitive rate in LIBOR transition
07:14pm, Tuesday, 11'th Feb 2020
As part of its efforts to help banks transition from their reliance on the LIBOR benchmark, the Fed is working with regional and larger banks on the possibility of creating a credit-sensitive rate.
Consumers end the year taking on more debt
08:37pm, Friday, 07'th Feb 2020
Consumers took on more debt in December with revolving credit (i.e., credit card debt) making the biggest jump, the Federal Reserve Board said in its monthly consumer credit report.Consumer credit out
FHFA considers opening up FHLB loans to nonbank firms - WSJ
05:50pm, Tuesday, 04'th Feb 2020
The Federal Housing Finance Agency is considering opening up Federal Home Loan Banks lending to nonbank mortgage institutions and real estate trusts, the Wall Street Journal reports.A review by the FH
Buy These ETFs if U.S. Yield Curve Flattens Further
01:00pm, Friday, 31'st Jan 2020
U.S. yield curve has flattened for the first time since October. Buy these ETFs.
An Uncertain 2020 for Finance Sector Puts Fintech ETFs in Focus
04:45pm, Tuesday, 14'th Jan 2020
As with most sectors, 2019 saw the financial sector manage strong gains amid the U.S.-China trade war, but with a murky outlook to start 2020, it could mean looking into niche areas for investors. ET
