Goldman Sachs Expects Commodities Supercycle
Goldman Sachs expects a commodities supercycle driven by China and the capital flight from energy markets and investment.
Goldman Sachs expects a commodities supercycle driven by China and the capital flight from energy markets and investment.
Switzerland awoke to new era as UBS swept up Credit Suisse in government-brokered rescue that dented country's long-held pride in banking expertise.
Bob Michele JP Morgan Asset Mgmt, said hopeful UBS Group AG’s deal to buy Credit Suisse enough to stave off wider selloff in European banks.
Morgan Stanley’s M. Wilson said stress in banking system marks what’s likely to be beginning of painful and “vicious” end to bear market.
“Banking crisis is over,” Odeon Capital analyst Dick Bove said after reports that nation’s largest private banks will provide $30BN in liquidity.
In the hours leading up to Silicon Valley Bank’s collapse, a slew of startups tried to withdraw their cash.
Wall Street economists are split on whether the collapse of Silicon Valley Bank (SIVB) will alter the Federal Reserve's plans to raise interest rates.