Streetbeat News

Regulatory

SPY

Federal Reserve's Mester stated that it is important for the Fed not to tighten monetary policy at this time, as the current situation presents challenges for monetary policy decisions. Recent data suggests that the Fed has more work to do.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 3:20 pm

EMB

HYG

SGOV

SHY

TLT

As the US debt ceiling talks enter their final hours, five bond ETFs are in focus: SGOV, SHY, TLT, HYG, and EMB. The outcome of the negotiations could have significant short-term impacts on these ETFs, with market reactions expected to be strong.

Portfolio Pulse from Piero Cingari

May 26, 2023 | 3:17 pm

SPY

Federal Reserve's Mester stated that everything is on the table for the June FOMC meeting, emphasizing the importance of considering all incoming data before making any decisions.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 3:13 pm

SPY

Federal Reserve's Mester says data confirms inflation is still too high, with PCE inflation data underscoring slow progress on inflation. Mester finds the situation concerning and notes that tighter monetary policy is still feeding into the economy.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 3:11 pm

NVDA

Nancy Pelosi and her husband sold 25,000 shares of Nvidia Corporation (NASDAQ:NVDA) in July 2022, taking a loss of $341,365. The sale was controversial due to potential conflict of interest with the CHIPS Act. Since then, Nvidia shares have hit an all-time high of $394.80, and the couple missed out on potential profits of $5,329,750.

Portfolio Pulse from Chris Katje

May 26, 2023 | 3:00 pm

DB

Deutsche Bank states that it would have exceeded its own 130% Liquidity Coverage Ratio (LCR) target even without certain trades, emphasizing its conservative liquidity profile management.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 2:57 pm

DB

Deutsche Bank increased its liquidity coverage ratio in March by swapping assets worth billions of euros for cash and government bonds. The liquidity trades drew queries from the European Central Bank as part of regular exchanges.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 2:56 pm

SPY

House Rep. Speaker McCarthy stated that he has not spoken to President Biden in the last 24 hours and will continue to work on the debt ceiling issue until it is resolved.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 2:41 pm

SPY

House Speaker McCarthy stated that the current spending is just the beginning, indicating potential for more government spending in the future.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 2:40 pm

SPY

House Speaker McCarthy stated that he is not concerned about what people think is in the deal, potentially referring to the ongoing negotiations in Congress.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 2:38 pm