Shortfall

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

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 …

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

Chinese protests weigh on stock market;  Shortfall of 6 million Apple units;  Black Friday is going well

Chinese protests weigh on stock market; Shortfall of 6 million Apple units; Black Friday is going well

Stock indices lost ground in the first half of Monday’s session as protests in China weighed on overall sentiment. Apple (AAPL) iPhone Pro production could be 6 million units lower due to civil unrest and Covid restrictions. X The Dow Jones Industrial Average and S&P 500 fell 0.8% at lunchtime while the Nasdaq composite lost …

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