The producer price index was up 11.3% year over year in June, the seventh consecutive double-digit gain, and accelerated to 1.1% from 0.9% in May on a month-over-month basis, as inflationary pressure continues to build. JPMorgan Chase & Co., the biggest bank in the U.S. by market cap, reported a 28% decline in earnings and boosted its provision for bad loans ... Show More
Yesterday
Crypto Winter Deepens: BTC Hits $69K, Tech Crashes, Silver Melts Down
Markets are deep in risk-off mode as crypto winter tightens its grip. The ECB and Bank of England both held rates, with the BoE signaling it may be nearing the end of its easing cycle. UK political turmoil hit the pound, while tech stocks continued to unravel — AMD plunged 17%, Q ... Show More
6m 45s
Feb 4
Software Selloff, Gold at $5K, and Crypto Slips Again — Palvatar’s Market Recap
Software stocks get slammed, gold keeps climbing, and Bitcoin loses key support again. Palvatar covers today’s key macro and market headlines — from Claude’s AI plugin rattling software firms to AMD’s 9% plunge and a weak U.S. jobs print. Gold hits $5,000, geopolitics flares up, ... Show More
5m 5s
Feb 3
Markets Surge, SpaceX Buys xAI, and Gold Pops 5% — Palvatar’s Big News Recap
Markets are ripping back after a wave of fear. Palvatar breaks down the massive upside surprise in U.S. manufacturing, Musk’s record-breaking $1.25T xAI merger with SpaceX, and wild moves in gold, silver, and global equities. Plus: crypto breathes after brutal liquidations, and G ... Show More
6m 42s
Apr 2023
E50: Money talk: Inflation, rates, recession and you with Binod Shankar
The post Covid era has been an eventful one with rising inflation, a war in Europe, choppy markets and a severe correction in the startup world with both private & public valuations plummeting. That precipitated the collapse of 5 banks within a few weeks including the #1 global s ... Show More
53m 36s
Mar 2023
What Does The Collapse of Silicon Valley Bank Mean For Your Money?
The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ... Show More
21m 31s
Oct 2023
Mortgage Bonds Blow Up; Banks Feel Regulatory Heat
<p>The $8 trillion mortgage-bond market plunged to levels rarely seen since the global financial crisis as Treasury yields surged. To analyze why and what’s next, we’re joined by Christopher Maloney, mortgage strategist at BOK Financial Capital Markets, and Bloomberg News reporte ... Show More
37m 45s