Berlusconi’s Heir Attacks Italy’s Meloni Windfall Tax on Banks

[ad_1] Marina Berlusconi, the eldest daughter of Silvio Berlusconi, slammed Giorgia Meloni’s plan to tax banks profits as “demagoguery”, the first public criticism of the usually private businesswoman against Italy’s…

Analysis: ECB Is Likely To Cut Rates Before Fed, BNP Paribas AM Says

[ad_1] The European Central Bank is likely to cut interest rates in the spring, before the Federal Reserve does, as the eurozone economy is weaker than that of the U.S.,…

Swedish Housing Market Gets Good News as Prices May Have Bottomed

[ad_1] Sweden’s third biggest bank turned clearly more optimistic in its outlook for the country’s battered housing market, saying prices have bottomed out. Sweden — one of the worst-hit residential…

Wall Street Doubles Down on Bonds

[ad_1] There are no sure things in markets, but many investors believe high-quality U.S. bonds are currently pretty close.  Consensus on Wall Street is that interest rates have peaked for…

Denmark Picks Kettel Thomsen as Governor to Defend Krone Peg

[ad_1] Denmark has picked Christian Kettel Thomsen, 63, as its new central bank governor to defend the strengthening Danish krone’s peg to the euro. The economist, currently a vice president…

Can Charlie Munger’s Investing Playbook Still Work? Even He Wasn’t So Sure

[ad_1] Charlie Munger influenced generations of investors—none more so than his partner at Berkshire Hathaway, Warren Buffett. Munger’s death doesn’t just leave a void atop Berkshire. It also raises questions…

Fed Minutes Suggest Rate Hikes Are Over, but Offer No Timetable on Cuts

[ad_1] Updated Jan. 3, 2024 4:43 pm ET Federal Reserve officials thought they were done raising interest rates when they decided last month to hold them steady, but minutes of…

Welcome to the Neighborhood! Wall Street Designed It

[ad_1] Your new suburban rental has granite kitchen countertops, built to withstand even the most hard-wearing tenant. The neighbors next door have the exact same laundry machine. Welcome to the…

Outlook 2024 – II

[ad_1] Increasing bank lending should to be the next move. The ratio of advances to deposits should increase from present 44.7% to almost 60%. To generate liquidity, it would be…

Investors’ Hope for 2024: A Return to Long-Lost Normalcy

[ad_1] Many think markets can find a more stable equilibrium after recent rate increases. [ad_2] Source link