Oil futures fell Tuesday, extending the previous session’s decline after the collapse of California’s Silicon Valley Bank on Friday stirred worries of a U.S. regional banking crisis and a potential hit to economic growth.
Market Extra: SVB collapse shows higher interest rates aren’t always a blessing for bank stocks
An inverted yield curve contributed to the woes that sank Silicon Valley Bank, analysts say.
Mark Hulbert: Stocks look likely to revisit their 2022 low, but SVB’s failure or a banking crisis won’t be the cause.
These 3 key market sectors aren’t strong enough to indicate that the bear market is over.
Need to Know: This fund manager has long warned of money leaving the financial system as interest rates rise. Here’s his advice for investors right now.
It’s time for investors to simplify their portfolios, says Stock Traders Daily and portfolio manager at Equity Logic, Thomas H. Kee Jr.
: You may have overpaid your Social Security taxes thanks to the Great Resignation
If you had multiple jobs and crossed over the income threshold, you might have paid excess taxes that you can get back on your return.
: Unretirement can be expensive – watch out for these surprise costs
If you’re considering going back to work, weigh the potential costs against your paycheck.
: ‘Weren’t you a treasury secretary?’ Larry Summers gets dragged on the internet after post on SVB’s collapse
Former Treasury Secretary Larry Summers took to Twitter to opine on the collapse of SVB Financial. It didn’t go well.
Bond Report: Volatile trading in 2-year Treasury ahead of CPI data
Bond markets remained volatile at the short end — with the 2-year Treasury trading in a 40 basis point range early Tuesday — as traders waited to see the CPI inflation data, due for release at 8:30 a.m. Eastern.
: Young women can master retirement planning in 3 simple steps
Younger women may be savvy on investing knowledge, but still face obstacles in careers and life that put retirement at risk.
Key Words: Citadel founder Ken Griffin: Fed’s intervention in SVB collapse shows U.S. capitalism is ‘breaking down before our eyes’
The Federal Reserve intervened over the weekend to prevent contagion in the banking sector, unveiling a lending facility to allow banks to meet all customer redemption requests. And U.S. financial regulators said depositors would get all of their money back.
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