Banking Turmoil Makes for Turbulent Markets

At the end of last week’s issue, I told everyone to buckle up for the boom. I wasn’t expecting one of the global systemically important banks (G-SIBs) to wind up on the chopping block. And Friday is a rare market event that is known for its wild price swings. So buckle up! Let’s get into what this means for the S&P 500 (SPY) in the coming days….

(Please enjoy this updated version of my weekly commentary originally published March 16th, 2023 in the POWR Stocks Under $10 newsletter).

Market Commentary

I’m not going to lie, I’m still a little on edge about everything going on in the stock market (SPY).

As I

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Pache making his case to remain in Oakland A’s outfield mix

MESA, Ariz. — When Cristian Pache entered his second spring training with the Oakland A’s last month, his preseason tasks appeared to expand far...

Banking Turmoil Makes for Turbulent Markets

At the end of last week's issue, I told everyone to buckle up for the boom. I wasn't expecting one of the global systemically...

Bank Problems = Bearish Thumb on Stock Market Scale

If you were not bearish already, then perhaps time to reconsider your stock market (SPY) outlook. As you will discover in today's commentary, even...