Bond giants Pimco and Invesco are facing losses of hundreds of millions on rotten Credit Suisse debt

Tech Insider
Credit Suisse
Some of the world's biggest bond investors have suffered massive losses after Credit Suisse imploded.

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It's too early to call a bottom for the stock market because there's more pain coming for regional banks, BlackRock strategist says

Tech Insider : Economy
stock market investing

John W Banagan / Investing

Warren Buffett, BlackRock and Goldman Sachs find energy stocks irresistible even as 2023 proves another turbulent year for markets

Tech Insider
Warren Buffet
Warren Buffet.

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ESG Is ‘Satan’s Plan,’ Utah's Treasurer Says

Gizmodo : Economy

Calling all asset managers, mid-tier bank employees, and financial sustainability advocates: You’re in league with the Devil, according to Utah’s State Treasurer.

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SVB's Parent Company Declares Bankruptcy While Tech Investors Return to the Failed Bank

Gizmodo : Economy

The entity that once owned the poor, beleaguered Silicon Valley Bank, the main banking house for numerous tech-focused firms and venture capitalists, is officially holding up a white flag as it suddenly declared bankruptcy.

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BlackRock's Larry Fink says the US banking system may face 'more seizures and shutdowns' after Silicon Valley Bank's collapse

Tech Insider
BlackRock CEO Larry Fink, pictured in November 2022, gesturing while sitting in front of a blue background.
BlackRock CEO Larry Fink.

Michael M. Santiago/Getty Images

BlackRock says there's a good chance the Fed will have to hike interest rates to 6%, the highest level in 20 years

Tech Insider
Rick Rieder
Rick Rieder, CIO of fixed income at BlackRock.

Steve Marcus/Reuters

The 'everything' bull market is over now that inflation has gone from no problem to a big problem, BlackRock strategist says

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Bull bear light box
The bull market is over, BlackRock strategist Ben Powell said.

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Investors should pile into short-term bonds as markets wake up to the reality that the Fed is going to stay aggressive, BlackRock says

Tech Insider
traders
Traders work on the floor of the New York Stock Exchange February 4, 2014.

REUTERS/Brendan McDermid

Rich Jerk Runs For President Because 'Woke Capitalism' Is Bad

Gizmodo : Environment, Economy

Those of you who who sit up at night fretting about how American financial institutions are getting too damn woke, don’t worry: Your champion has arrived, and he’s gunning for the 2024 GOP presidential nomination.

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