article thumbnail

A Dozen Questions for Jerome Powell, Fed Chair

The Big Picture

This week, we get to hear from Federal Reserve Chairman Jerome Powell twice – tomorrow in the Semiannual Monetary Policy Report to Congress before the Senate Banking Committee and the next day in the House Financial Services Committee. And as poor as the questions are, the Fed chief works very hard to say anything at all.

article thumbnail

15 Biggest Stockbrokers in India With Highest Active Clients 2024!

Trade Brains

No 1194380 2.62% 8 SBICAP SECURITIES LIMITED No 946900 2.07% 9 MOTILAL OSWAL FINANCIAL SERVICES LIMITED No 941418 2.06% 10 PAYTM MONEY LTD. Founded in 2010 by Nithin Kamath and Nikhil Kamath, Zerodha was the largest stockbroker in India for over five years, before Groww outnumbered it. No 1349717 2.96% 7 HDFC SECURITIES LTD.

Clients 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bank Failure #2 in 2023: Silicon Valley Bank

Calculated Risk

Note: There were over 500 bank failures during and immediately following the GFC, and almost 300 in just 2009 and 2010. That was mostly due to default risk (poor performing MBS). I don't expect a large wave of failures now. From the FDIC: FDIC Establishes Signature Bridge Bank, N.A.,

Banking 52
article thumbnail

Market Commentary: Another October Low Forming?

Carson Wealth

after adjusting for inflation, matching the average annual pace between 2010 and 2019. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services. Through June 2023, the economy grew 2.4% Since then, the economy has accelerated.

Marketing 143
article thumbnail

Market Commentary: Good News Is Good News

Carson Wealth

Instead, this is what happened: The economy accelerated in 2023, with GDP growth rising 3.1%, well above the 2010-2019 trend of 2.4% That’s well above the 2010-2019 average of 2.4% The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services.

article thumbnail

Market Commentary: The Summer Rally Continues Amid Strong Job Gains

Carson Wealth

The 6% aggregate income growth we’re experiencing provides a good first estimate of nominal GDP growth, and that’s above the 2010-2019 trend of about 4%. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services.

Marketing 143
article thumbnail

Market Commentary: Up and Down Week Leaves the S&P 500 Near Flat

Carson Wealth

2010 had a European banking crisis. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services. Starting clear back in 1990 when Iraq invaded Kuwait, August seems to be susceptible to large geopolitical or market events taking place.