According to the annual U.S. Community Bank Reports, both U.S. community banks and their larger counterparts are expected to experience a significant decline in earnings in 2023. The reports highlight that net interest margins will be impacted by liquidity pressures, leading to a double-digit drop in earnings for U.S. banks. In response to the liquidity…
According to a forthcoming book titled “Rigged” by BBC economics correspondent Andy Verity, banks were purportedly coerced by central banks and governments into manipulating the London Interbank Offered Rate (Libor) in an effort to instill confidence in the financial sector.
The US economy is predicted to enter a recession in 2023, with expectations of a shallow and brief downturn. During this time, the unemployment rate is forecasted to increase to around 4.4 percent in early 2024, resulting in approximately 1 million job losses in the latter half of the year and Q1 2024. Although these…
The Systemic Nature of the Regional Banks’ Meltdown The meltdown in regional banks has emerged as a systemic crisis, triggering concerns among the investors. This downturn is characterized by a series of interconnected issues plaguing regional banks, with far-reaching implications for the industry as a whole. Note: KRE or SPDR® S&P® Regional Banking ETF, an…
The forecasted global real GDP growth in 2023 is expected to be 2.3%, down from the actual increase of 3.3% in 2022. The major regions experiencing weakness will be Europe, Latin America, and the US. But the Asian economies are expected to drive most of the global growth in 2023. They will benefit from the…
Escalating US-China Tensions: Implications for Investments and Industries in the New Cold War
Over the past two years, inflation has remained consistently elevated, surpassing the Federal Reserve’s annual target of 2%. This high inflationary trend has been pervasive, affecting various sectors of the economy. It can be attributed to a combination of supply and demand factors closely linked to the ongoing COVID-19 pandemic, as well as the fiscal and monetary policies implemented in response to mitigate its impact.
Capital expenditure (CapEx) refers to the financial investment made by businesses to acquire, enhance, and maintain physical assets like buildings and machinery. These projects often necessitate thorough planning because once initiated, they tend to be expensive, protracted, and difficult to halt. The willingness of a company to undertake capital expenditures can serve as an indication…
Blueprint for Mitigating the Burden of US National Debt
