Worse

The stock market is trapped in a sharp downtrend, and the situation could get worse

The stock market is trapped in a sharp downtrend, and the situation could get worse

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Stocks have lost their short-term bullish momentum, and now the market seems stuck in a longer-term downtrend with no end in sight. Many market strategists expect the S&P 500 to aim to retest lows in the first quarter as earnings look weaker, recession fears rise and the Federal Reserve continues to tighten policy. Strategists looking …

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Banks are more than $1 trillion short of capital, analyst says, who fears shortfall will only get worse

Banks are more than $1 trillion short of capital, analyst says, who fears shortfall will only get worse

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The new year is fast approaching and one idea for where to invest is the banking sector, whose margins benefit from high interest rates, at undemanding valuations. This statement may surprise those who think that the US banking industry has about $2.2 trillion in capital. But it reduces that figure in several ways. First, he …

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Latin America stagnation 'worse than 1980s', says UN official

Latin America stagnation ‘worse than 1980s’, says UN official

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Low investment, low productivity and inadequate education condemned Latin America to a period of economic failure even worse than the “lost decade” of the 1980s, according to the UN’s top economics official in the region. José Manuel Salazar-Xirinachs, new head of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), said the …

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FTX's bankruptcy filings show that the situation is much worse than previously thought. From a million creditors to a staggering lack of oversight, here are the craziest details.

FTX’s bankruptcy filings show that the situation is much worse than previously thought. From a million creditors to a staggering lack of oversight, here are the craziest details.

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The fall of crypto exchange FTX led to a bankruptcy filing full of crazy details. Documents filed in court this week reveal much deeper issues than anyone would have thought. From billion-dollar loans to metaverse accountants, these are the craziest details of FTX’s bankruptcy filing. Loading Something is loading. Thank you for your registration! Access …

FTX’s bankruptcy filings show that the situation is much worse than previously thought. From a million creditors to a staggering lack of oversight, here are the craziest details. Read More »