Regional Banks Need to Be Reorganized: JPM's Michele
"Everyone is pulling back," says JPMorgan Asset Management CIO Bob Michele while discussing the recent banking crisis https://trib.al/kwSoqXp
What JPM's Michele Expects for Credit Spreads, Defaults
"When the pain hits, when we get into a recession, we're expecting high-yield credit spreads to go to a minimum of eight hundred over," says JPMorgan Asset Management CIO Bob Michele https://trib.al/26WmnRx
Collins Says History Shows Fed Must Stay Course on Inflation
Boston Fed President Susan Collins tells @mckonomy that she sees some "positive news" in the core PCE US inflation data https://trib.al/R7qvzpe
Average Wall Street Bonus Plunges 26% to $176,700
The average Wall Street bonus plunged 26% last year due to a slump in dealmaking and banks’ efforts to contain costs.
@sallybakewell1 reports https://trib.al/xPcHQ2i
BTV Guest on How Indictment Impacts Trump
How does Trump's indictment impact the former President and his 2024 election campaign?
Bloomberg Television guests weigh in https://trib.al/SLSa8gM
Fed Will Probably Cut Rates This Year: Pimco's Wilding
Pimco North American Economist and Managing Director Tiffany Wilding says the probability of a "modest" recession this year has increased https://trib.al/24FudV8
US Has Probably Reached Peak Inflation: Pimco's Wilding
Pimco North American Economist and Managing Director Tiffany Wilding says the Federal Reserve "can probably sit back now and let tight conditions run their course" https://trib.al/UCmXoM8
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'Bloomberg Markets: China Open' Full Show (03/31/2023)
"Bloomberg Markets: China Open" is the definitive guide to the markets in Hong Kong and on the mainland. Rishaad Salamat, David Ingles, and Yvonne Man bring you the latest news and analysis to get you ready for the trading day. And powered by more than 27-hundred journalists and analysts in more than 120 countries, we get you the global stories that will impact the region's markets.
