federal reserve - Unusual Whales

Young Americans Are Falling Behind: Under-35 Net Worth Down 23% Since 2022 as Oldest Households Gain 37%, Fed Finds

The wealth ladder is splitting by age Median net worth for households headed by someone under 35 fell 23% between 2022 and 2025, to about $33,000, while households headed by someone 75 or older saw a 37% increase, the largest gain of any age group. The figures come from

commercial real estate

Rising Rates Are Blowing Up Commercial Real-Estate Deals

A growing number of commercial real-estate buyers are threatening to walk away from recent transactions unless sellers offer better terms. Rapidly rising interest rates are to blame, and investors who agreed to a purchase price earlier this year when financing was cheaper are now demanding price cuts or other

federal reserve

Doomsday scenario will result in big US banks losing $541 billion

Per The Hill The Federal Reserve has recently commented on how much big US banks are expected to lose should the economy enter a doomsday scenario. It was noted that the findings came from its annual banking sector stress test, which aimed to see how vulnerable the banking sector was.

federal reserve

Fed says top 23 banks could absorb losses and lending despite unemployment hitting 10% and stock market falling 45%

Per Fed The Federal Reserve is assuring the public regarding the performance of the top 23 banks, saying they are capable of withstanding major unemployment and stock market plunge. The agency says these large banks would handle a 45% stock market drop and 10% unemployment. This came as Michael S.

feds

Fed's Jerome Powell says 'stablecoins are a type of private money'

Per American Banker It's long been debated as to whether stablecoins should be considered money under the government, and now, the Federal Reserve's Jerome Powell finally clarified what they thought about stablecoins. Fed Chair Powell said that they were a type of private money. Powell: "

federal reserve

Fed reveals only 2.43% of Americans are delinquent in their credit card balances

Per Lending Tree To qualify to become a delinquent, it was noted that Americans needed to be at least 30 days delinquent on their balances. The Fed recently found that the number of Americans with outstanding credit card balances that were at least 30 days delinquent was just 2.43%

s&p 500

S&P 500 reverts to the pre-Fed rate hike, which started over a year ago

The Fed rate hike had a massive impact on the stock market, with the S&P 500 falling significantly. Still, as of recently, all of the losses it sustained during the aggressive rate hike were erased as the stock market saw bullish movement. This reportedly erased all the losses

Elon Musk

Elon Musk: Feds raising interest rates would again happen too slow

Per CNBC Elon Musk has recently commented on the Feds in an interview with David Faber from CNBC. In their discussion, he shared how he believed they'd be too slow to lower rates. Musk said that this was because they were also slow to increase rates when needed,

doubleline

DoubleLine founder Jeffrey Gundlach says Feds would cut rates soon

Per Jeffrey Gundlach on Twitter Founder of DoubleLine, Jeffrey Gundlach, believes that the Feds would soon cut its rates. He specified on Twitter that they would do so "substantially." Gundlach also mentioned that he was wrong 30% of the time, and because of this, people should factor in

white house

Former White House advisor Gary Cohn: 'The Fed has lost control'

Per Business Insider The former White House advisor, Gary Cohn, has shared his thoughts on the Federal Reserve, saying it has "lost control." This was within a statement where Cohn, the now director of the National Economic Council, said that Cohn actually outsourced monetary policy. This came as

jeremy siegel

Jeremy Siegel: 'Fed shrapnel killed this bank and may send the economy into recession in the process'

Per Fortune In an opinion piece on Fortune by Jeffry Sonnenfeld, Jeremy Siegel, and Steven tan, statements were made saying that the "Fed shrapnel" was the reason why Silicon Valley Bank imploded. The piece said that the economy could be sent into recession. "Make no mistake about

dallas

Former Dallas Fed President Richard Fisher: 'I don't think the Fed should pause the 25 basis point hike'

Per CNBC The former President of the Dallas Federal Reserve, Richard Fisher, has shared his thoughts on the recent crisis that started with the collapse of Silicon Valley Bank. He said that the Feds shouldn't raise rates and that the banks failed when it came to managing risk.

jpmorgan

JPMorgan says Feds are past the point of no return: 'a soft landing now looks unlikely'

Per Fortune JPMorgan has given new forecasts regarding the recession, and in a recent statement, they said that the Feds were past the point of no return. This came as the firm was among the multiple banks that had to rewrite their recession forecasts. While the economy experienced small victories

first republic bank

List of banks that rescued First Republic Bank by sending $30 billion

Per WSJ The Wall Street Journal released the list of eleven banks that reportedly rescued First Republic Bank by sending a total of $30 billion in cash to help stop the panic from spreading. Here are the names of the banks and how much they reportedly gave to First Republic

federal reserve

Fed's new backstop program could inject up to $2 trillion in liquidity into the system

Per Bloomberg The Federal Reserve has made it known that they plan to step in, and according to JPMorgan Chase analysts, this could mean that $2 trillion in liquidity would be introduced into the system. This was reportedly the maximum estimate. Analysts reportedly looked at the banks with the highest

first republic

First Republic bank is down by 77% despite receiving additional liquidity from the Feds and JPMorgan Chase

Per CNBC First Republic bank is one of the latest banks to see its stock drop by significant amounts after the collapse of Silicon Village Bank. As of press time, its shares have fallen by 77%, dropping by $62.59 to just $19.00. This came despite the First Republic

larry mcdonald

'The Bear Traps Report' founder says Silicon Valley Bank crisis could result in Feds slashing 100 basis points from rates

Per Business Insider The founder of "The Bear Traps Report," Larry McDonald, has said that the Silicon Valley Bank crisis could result in the Federal Reserves having to cut down 100 basis points from interest rates. The founder said this would potentially help prevent the situation from affecting

atlanta

Atlanta Fed President says the improvement in jobs could result in higher interest rates

Per Reuters The Fed previously cut down rates after fear of a recession, which was the main concern of firms and financial analysts. Now, Atlanta Fed President Raphael Bostic said that the improved jobs could increase the possibility of higher interest rates. This comes at a time when the Nasdaq

Elon Musk

Elon Musk Says: 'The Fed Could Crush the Value of the Entire Stock Market'

Per Business Insider Elon Musk has expressed his worries about how the Federal Reserve could potentially affect the entire stock market's value. He says that the Fed needs to tread carefully, especially when it comes to having a rate that would exceed 6%. During Tesla's Q4

federal reserve

New York Fed Survey Finds Worker Pay Demands Hit Record High

Per CNBC A New York Fed Survey found out that the pay demands of wokers reached a new high. This increase was the norm for the majority of respondents under 45 years old. The New York Fed released survey data showing that the lowest average wage American workers are willing

unusual options

Unusual Options Activity in Chevron Corporation (CVX), Under Armour, Inc. (UAA), and Marathon Petroleum Corporation (MPC)

Unusual Options Activity in Chevron Corporation (CVX) Today, January 05, 2022, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity in Chevron, which opened at $122.24. * There were 3,381 contracts traded on the $122 strike put option dated for January