Messages
5/23/2023
22 : 14
The ‘X’ day cometh
Bloomberg Evening Briefing View in browser Bloomberg There's still no debt deal and the US's so-called X date—when the country starts running out of cash and is forced to make painful cuts to
5/22/2023
21 : 24
Watching and waiting
Bloomberg Evening Briefing View in browser Bloomberg Wall Street held its collective breath ahead of a White House meeting over the US debt limit standoff. Stocks fluctuated before the crucial summit
5/20/2023
12 : 4
Critical deadline
Bloomberg Weekend Reading View in browser Bloomberg Just a couple of months ago, the world was eagerly awaiting a signal from the US Federal Reserve that its policy tightening was near an end as it
5/19/2023
23 : 15
Self-sabotage
Bloomberg Evening Briefing View in browser Bloomberg It was just 24 hours ago when US House Speaker Kevin McCarthy and his adjutants were making positive sounds about negotiations to settle the
5/18/2023
22 : 34
Hedge for the aftermath
Bloomberg Evening Briefing View in browser Bloomberg There are some optimistic noises being made about the US debt-ceiling fight. But Wall Street is warning that even if disaster is avoided, the
5/17/2023
22 : 4
Default damage
Bloomberg Evening Briefing View in browser Bloomberg A key part of US President Joe Biden's foreign policy these past few years has been to try and counter China's growing influence across the
5/16/2023
21 : 34
Time is running out
Bloomberg Evening Briefing View in browser Bloomberg The US is another day closer to defaulting on its debt. Despite clear warnings such an event could throw millions out of work, trigger a market
5/15/2023
21 : 54
What really killed SVB
Bloomberg Evening Briefing View in browser Bloomberg So what really killed Silicon Valley Bank? According to Greg Becker, former chief executive of the now-dead lender, it was in part the speedy pace
5/13/2023
11 : 49
‘Potentially catastrophic’
Bloomberg Weekend Reading View in browser Bloomberg While more signs point to the US economy slowing and the Federal Reserve making progress in its inflation fight, Washington could soon destroy all
5/12/2023
22 : 44
The unthinkable
Bloomberg Evening Briefing View in browser Bloomberg Treasury Secretary Janet Yellen said the federal government will have to renege on some payments if Congress doesn't raise the debt limit, and
5/12/2023
7 : 17
The world is watching
Bloomberg Evening Briefing View in browser Bloomberg Recep Tayyip Erdogan was halfway through a well-choreographed TV interview last month when the cameras unexpectedly cut away. Someone in the room
5/12/2023
7 : 4
‘Economic coercion’
Bloomberg Evening Briefing View in browser Bloomberg Group of Seven nations are looking to send a signal to China this month by announcing a joint effort to counter “economic coercion.” While member
5/9/2023
22 : 4
‘Something really, really bad’
Bloomberg Evening Briefing View in browser Bloomberg There has been a lot of talk, both here and elsewhere, about how the US Federal Reserve might pull off a so-called soft landing, even with sticky
5/8/2023
21 : 54
Dodging a downturn
Bloomberg Evening Briefing View in browser Bloomberg Federal Reserve Chair Jerome Powell reckons the US economy can, in the aftermath of an inflation fight that just might be coming to an end, skirt a
5/6/2023
11 : 46
‘Be afraid. Be very afraid’
Bloomberg Weekend Reading View in browser Bloomberg The economic outlook and health of the global financial system is either stable or scary—depending on who you ask and where you live. US Federal
5/5/2023
22 : 15
Inside information
Bloomberg Evening Briefing View in browser Bloomberg So the question now is, if the Fed is in pause mode when it comes to changing interest rates, how long will that pause last? If Friday's data is
5/4/2023
22 : 44
Hunting for weakness
Bloomberg Evening Briefing View in browser Bloomberg The hunt for weakness among midsize US banks continued Thursday as turmoil and recriminations roiled both markets and the financial industry.
5/3/2023
22 : 15
Now the Fed waits
Bloomberg Evening Briefing View in browser Bloomberg The US Federal Reserve did what almost everyone said it would do, raising interest rates by a quarter percentage point and hinting it could be the
5/2/2023
22 : 4
No, it isn’t over yet
Bloomberg Evening Briefing View in browser Bloomberg On Monday, the question was raised as to whether the 2023 banking crisis was near an end, thanks in part to the largesse of JPMorgan. On Tuesday,
5/1/2023
21 : 56
Maybe it’s over now
Bloomberg Evening Briefing View in browser Bloomberg After another tense spring weekend for American banking, JPMorgan agreed to acquire troubled First Republic in a US government-led deal. The