The Fed will release updated projections for interest-rates and likely won’t ratify the markets expectations of quick rate cuts.
Deep Dive: 10 bank stocks that look cheap based on this valuation method — First Republic heads the list
Other banks trading below tangible book value include Capital One and Citigroup.
The Ratings Game: Meta stock gets another upgrade after monster rally
Another day, another upgrade for Meta Platforms Inc.’s stock.
: SoFi CEO Anthony Noto on suing over student-loan payment pause: ‘I’m also protecting our shareholders’
Noto was asked whether he worried the suit would damage the company’s reputation.
The Tell: Stock market’s pre-Fed bounce a good sign, but raises the risk of a ‘trap’, technician says
Stock-market bulls will soon find out whether they’re getting ahead of themselves.
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.
Everyone is watching the banks, but what about healthcare. It’s breaking out, says this strategist.
The Ratings Game: Harley-Davidson’s stock will be worth some ‘upfront bumps,’ analyst says
Harley-Davidson’s stock rallies after Morgan Stanley urges investors to buy, citing improved valuation and confidence in management.
Metals Stocks: Gold prices finish higher, gain more ground after Fed rate-hike decision
Gold prices finish higher on Wednesday, then gain more ground after the Federal Reserve’s decision to lift its benchmark fed funds rate by 25 basis points.
The New York Post: Dick Van Dyke, 97, crashes car into gate in Malibu
Legendary TV star Dick Van Dyke has reportedly been injured after crashing his Lexus in Malibu when he lost control of the wheel.
: Insured losses from natural catastrophes topped $100 billion for second year in a row, reinsurer says
Insured losses from natural catastrophes topped $100 billion for the second year in a row, reinsurer Swiss Re said on Wednesday.
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