.@SteveForbesCEO explains that Trump can take on the Federal Reserve in its intransigent refusal to cut rates: have the Treasury issue bonds in gold, which would provide a simple, everyday metric as to whether Washington is undermining the dollar's integrity. #WhatsAhead https://t.co/OIDkumzk74 ...

Key Takeaways Citigroup is expected to post y/y growth in 2Q25 revenues and earnings. C projects rising IB and markets revenues despite macro headwinds and tariff-related uncertainty Credit reserves and non-accrual loans are expected to rise, signaling pressure on asset quality.Citigroup Inc. (C) is slated to report second-quarter 2025 results on July 15, 2025, before market open. In the first quarter, Citigroup witnessed increases in net interest income (NII) and non-interest revenues. The company also r ...

The average net worth that Americans feel is needed to qualify as wealthy has surprisingly declined, compared to last year, though it is still an eye-popping figure, Charles Schwab found. The financial services company said in the latest edition of its "Modern Wealth Survey" that Americans now view $2.3 million as the benchmark for counting as wealthy, pointing to what they see as a worsening economy. That marked a $200,000 decrease from 2024, when Americans said the net worth required to be classified as w ...

OM uh director Russ Vote is calling out Fed Chair Jay Pal, writing in an expost that Pal has grossly mismanaged the Fed. uh Russ Folult uh joins us now and and we'll talk about the the more maybe uh wide ranging uh issues in in terms of uh you know monetary policy then then we can get into I said maybe you know if I could print money Russ you heard what I said I' I might make Versailles I mean I might I'd have servants I'd have uh I don't think I could overspend on my facilities but we we probably don't we ...

.@SteveForbesCEO explains that Trump can take on the Federal Reserve in its intransigent refusal to cut rates: have the Treasury issue bonds in gold, which would provide a simple, everyday metric as to whether Washington is undermining the dollar's integrity. #WhatsAhead https://t.co/DouaGSkxYk ...

Former New York Fed President Bill Dudley says there’s no compelling evidence that the current level of interest rates is significantly restraining economic activity (via @opinion) https://t.co/TJm6TIKyI3 ...

The ECB should lower interest rates further if economic expansion falls short of forecasts and drags down inflation excessively, according to Governing Council member Fabio Panetta https://t.co/9bjWBXWDqV ...

How quickly can things swing back when everyone is short dollar right now. Well, that is something the electorate has always have to take into account, right. The positioning can mean that the moves don't go the way that you would normally expect them to be.And and, you know, there are various things that could get us into a situation where the dollar maybe starts to behave more like a haven again and we see more cash flowing back into the US or in a very good news situation for the US as well. Likewise, th ...

In South Africa, a tough-talking police commissioner is winning over residents weary of high crime rates — the latest example of a more hardline approach gaining traction around the world https://t.co/8YUo5yJiog ...

July 10, 2025 04:27 AM GMT Investor Presentation | Asia Pacific HK/ASEAN Financials: July 2025 Slowing GDP growth and uncertainty over US rates keep our industry views In-Line, with high TSR stocks in SG/HK preferred. We are less positive on EM ASEAN, with PH preferred. MY looks defensive near term, but valuations are stretched. ID looks better later in the year; for now, stick with BCA. We expect the debate in 2H to still be dominated by macro events: For ASEAN banks, the debate is likely to revolve around ...