The Brutalist Report

MarketWatch

• The Tell: As Fed keeps hiking rates, stocks probably set up for ‘correction,’ says SoFi’s Liz Young [1145d]
• Market Extra: Powell says no rate cuts in 2023, but the bond market doesn’t agree [1145d]
• The Ratings Game: Lumen’s ‘battered’ bonds still pose ‘too great’ a risk, analyst says [1145d]
• : Here’s a list of the Kohl’s stores getting Sephora shops this year [1145d]
• The Ratings Game: Nvidia stock hits best winning streak since 2007 as AI advantage called ‘insurmountable’ [1145d]
• The Margin: The Jerry Seinfeld effect? Jewish people are viewed most favorably among U.S. religious groups, a new survey says [1145d]
• Crypto: Coinbase stock down 13% after crypto exchange discloses SEC warning [1145d]
• Outside the Box: The U.S. is dangerously dependent on China trade, weakening America in any conflict over Taiwan [1145d]
• : Fed rate hike: Here’s how much rates for credit cards, car loans and mortgages have jumped [1145d]
• Market Extra: This is why stocks tumbled after Fed’s Powell signaled only one more rate hike in 2023 [1145d]
• Market Extra: Stock-market investors should play defense as recession looks likely, portfolio managers say [1145d]
• Market Extra: ‘Kicking someone when they’re already down’: real estate mogul Patrick Carroll weighs in on Wednesday’s Fed rate hike [1145d]
• Earnings Results: Chewy stock dips as earnings show shrinking customer count, forecast of no profit growth [1145d]
• The Margin: Is Blockbuster really coming back? [1145d]
• Personal Finance Daily: SoFi CEO Anthony Noto on suing over student-loan payment pause and do I need to tell prospective buyers that my husband died in the living room of our home? [1145d]
• In One Chart: Fed meeting shows focus on tighter credit conditions after bank failures. They already were at 2008 levels. [1145d]
• The Fed: Fed hikes interest rates again, pencils in just one more rate rise this year [1145d]
• : Yellen: ‘Blanket’ protection of deposits not being considered [1145d]
• : Powell says ‘all depositor savings’ in U.S. are safe [1145d]
• Crypto: Bitcoin falls after Fed chair Powell said interest rate cuts in 2023 are not likely [1145d]
• : SEC charges Tron founder Justin Sun with fraud, crypto security violations [1145d]
• Market Extra: QQQ ETF outperforms S&P 500 after Fed decision [1145d]
• Living With Climate Change: World Water Day: A quarter of the globe has no access to safe drinking water [1145d]
• FA Center: Can Social Security keep pace with high inflation? Maybe not, but you can still fight back. [1145d]
• : SoFi says it will let members increase their FDIC insurance to $2 million for checking and savings [1145d]
• : Starbucks workers strike at more than 100 U.S. stores to welcome new CEO [1145d]
• : Carvana stock rallies 8% after car retailer updates outlook [1145d]
• : Manchester United stock jumps after report of ‘world record bid’ for the club [1145d]
• The Tell: Banking ‘angst’ is bottoming, but the rally in tech stocks is ignoring recession risks, warns TS Lombard [1145d]
• Outside the Box: These tech giants stand to win by helping companies use AI to cut costs and automate [1145d]
• Peter Morici: America’s most powerful weapon to beat China and Russia in Cold War 2.0 is free trade [1145d]
• The Tell: Here are 5 ways that trading in 0DTE stock options is changing how the market works [1145d]
• The Ratings Game: Nike share-price targets lifted as analysts cheer third-quarter results [1145d]
• : House Financial Services Chair McHenry won’t take Fed’s word on SVB failure [1145d]
• : MacKenzie Scott invites nonprofits to apply for $250 million in funding — the first time she’s asked groups to approach her [1145d]
• Banking: First Republic stock is getting battered. Here’s how the bank’s tailspin started and why it hasn’t stopped. [1145d]
• : Virgin Orbit’s stock rockets on announcement of plans to restart operations this week [1145d]
• : PacWest says it won’t pursue capital raise after getting private financing, federal loans [1145d]
• : First Republic Bank stock flat as investors await Fed decision [1145d]
• : Bets on Wall Street ‘fear gauge’ could rattle U.S. stocks after Wednesday Fed decision [1145d]
• : Senate Banking Chair Sherrod Brown sees bipartisan support for changes to deposit insurance [1145d]
• : ‘We do not do the end of life well’ in America: How hospice can help ease the last days [1145d]
• Key Words: ‘Right now there are changes, the likes of which we haven’t seen in 100 years.’ Here’s what China’s Xi said to Putin before leaving Russia. [1145d]
• The Ratings Game: GameStop surges on surprise earnings beat, lifting meme stocks AMC and Bed Bath & Beyond [1145d]
• The Fed: Fed’s ‘dot plot’ seen diverging from market over future path of interest rates [1145d]
• Deep Dive: 10 bank stocks that look cheap based on this valuation method — First Republic heads the list [1145d]
• The Ratings Game: Meta stock gets another upgrade after monster rally [1145d]
• : SoFi CEO Anthony Noto on suing over student-loan payment pause: ‘I’m also protecting our shareholders’ [1145d]
• The Tell: Stock market’s pre-Fed bounce a good sign, but raises the risk of a ‘trap’, technician says [1145d]
• The Ratings Game: Harley-Davidson’s stock will be worth some ‘upfront bumps,’ analyst says [1145d]
• Metals Stocks: Gold prices inch higher ahead of Fed decision [1145d]
• Movers & Shakers: GameStop’s stock surges while Nike shares struggle after latest results [1145d]
• : An average new car will cost you more than $700 a month. Can dealership incentives help with affordability? [1145d]
• Need to Know: Here’s one for the battered bulls: the second-largest sector in the S&P 500 is stirring to life, says this strategist. [1145d]
• Futures Movers: Oil prices edge lower ahead of Fed decision, supply data [1145d]
• Market Extra: Money-market funds swell to record $5.4 trillion as assets pour in at fastest pace since pandemic after SVB collapse [1145d]
• Michael Brush: Bank insider action tells us the battered financial sector is a buy: These 4 regional bank stocks are tempting those in the know. [1145d]
• The New York Post: Dick Van Dyke, 97, crashes car into gate in Malibu [1145d]
• : Insured losses from natural catastrophes topped $100 billion for second year in a row, reinsurer says [1145d]
• : Lagarde sees no evidence that underlying inflation is moving down [1145d]
• Brett Arends's ROI: Veterans Health Administration will cover new Alzheimer’s drug. Why won’t Medicare? [1145d]
• Bond Report: Treasury yields a touch softer in muted trade ahead of Fed decision [1145d]
• : Quarter-point Bank of England rate hike seen as virtual lock after surprise acceleration in inflation [1145d]
• Market Snapshot: U.S. stock futures dip ahead of Fed rate decision [1145d]
• NerdWallet: On ‘hush trips,’ employees sneak off to vacation spots to work remotely…is that so bad? [1145d]
• Next Avenue: A shocking number of veterans are getting scammed out of their assets—here are some of the common frauds [1145d]
• Kelley Blue Book: The 2023 Porsche Taycan: an electrifying drive in more ways than one [1145d]
• : Renters in these cities are spending more than 30% of their income on housing [1145d]
• The Moneyist: Do I need to tell prospective buyers of my house that my husband died in the living room? Exactly what kind of circumstances must be disclosed before selling? [1145d]
• Dow Jones Newswires: UBS launches tender offer for some of its own bail-in notes issued ahead of Credit Suisse deal [1145d]