With a dovish Federal Reserve pivot seemingly off the table after last week’s employment report, risks for speculators are running high.
Cathie Wood just wrote an open letter to the Fed accusing it of stoking ‘deflation’ and looking at the wrong economic indicators.
Credit Suisse Group AG faces a capital shortfall of as much as 8 billion Swiss francs ($8 billion) in 2024, per analysts at Goldman Sachs Group Inc.
Wall Street is bracing for a rough earnings season as macroeconomic issues weigh on profit margins.