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Fears are swirling that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank.

Wall Street’s three main indexes remain under pressure after news about reducing stimulus by tapering bond purchases Wall Street’s three main indexes remain under pressure after news about reducing stimulus by tapering bond purchases May 23, 2021 For the week, the Dow Jones weakened -0.51%, the S&P 500 -0.43%, while the Nasdaq advanced 0.31% U.S. policymakers started to talk about reducing stimulus by tapering bond purchases Dallas Fed President Robert Kaplan said that tapering should start "sooner rather than later" Wall Street’s three main indexes remain under pressure; the Dow Jones...

© Getty Images Don’t bet against Uncle Sam. Market analysts were sure of one thing at the start of 2021: the dollar was due a fall. A strong global recovery, combined with fears of government overspending in Washington, meant investors were expected to swap their greenbacks for a more colourful collection of international currencies. Instead, the US dollar index, which measures the currency’s value against a basket of six major trading partners’ currencies, has gained 2.3% so far this year.  The greenback enjoyed its best quarter since 2018 in the first three months of this year, says...

Stock Market Party - Clarence Darrow (1857-1938), American lawyer Please share this article - Go to very top of page, right hand side, for social media buttons. The end of 2020 has me looking back. I started writing the letters that later became Thoughts from the Frontline back in the late 1990s. Similar to COVID-19 today, we had a giant macro issue then, too: Y2K. It’s hard to believe now how frightened some people were. But as I expected, the big day came and the world didn’t end. Another similarity is the stock market was rising like a rocket. This newfangled “Internet" thing had pe...