@Nobody Special Finance

The Producer Price Index increased 0.6% month over month in February, double the 0.3% increase the market was expecting, as inflation continues to defy market hopes of a dovish Federal Reserve in the near term. Support the Channel on Patreon: https://www.p

Another datapoint this morning is pointing towards a resurgence in US inflation as PPI came in higher than expected for the month of January further denting the narrative that a Fed pivot is just around the corner. Meanwhile German lender Deutsche Pfandbri

Federal Reserve Chairman Jerome Powell's press conference following the Fed's October/November FOMC meeting and the expected pause in hikes to the Fed Funds Rate. Investors are looking for hints from Jerome Powell about The Fed's next move at the December

All eyes and ears are pointed towards Fed Chair Jerome Powell this morning in anticipation of his 10:05 AM speech at the annual Jackson Hole Symposium in Wyoming. Will JPow give the FOMO bros the pivot they so desperately need for the struggling market ral

Microsoft shares are soaring this morning after reporting better than expected cloud and AI growth results yesterday, sending stocks higher despite worries over the imminent demise of First Republic Bank and yet another story about thousands of layoffs, th

This morning 3M announced 6,000 layoffs on top of the previously announced 2,500 job cuts earlier this year. This comes as we get our first look under the hood at First Republic Bank, where it turns out the March bank run was even worse than we thought. Me

First Republic Bank is desperately seeking a bag-holder to buy tens of billions of dollar worth of sweetheart mortgages given to some of the wealthiest people in the world to buy some of the most expensive houses ever built. It turns out the bank was littl

Stocks are up sharply this morning on the "good news" that Disney only lost 2.4 million subscribers in the quarter and the announcement of 7,000 layoffs (that strong jobs market though). Elsewhere the news at Credit Suisse has gone from bad to worse. Suppo

Rumors are circulating that Credit Suisse is on the brink of failure and some are speculating that Soft Bank and Deutsche Bank are close behind. Many analysts and commentators have begun to speculate that another bank bailout is imminent especially after