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Wall Street Lunch: Fed Holds, Powell Staying Put
Seeking Alpha· 2026-03-18 20:43
Kevin Dietsch/Getty Images News Listen below or on the go via Apple Podcasts and Spotify Fed holds rates steady as Middle East uncertainty clouds outlook. (0:16) Dot plot still pencils in one rate cut this year. (0:37) Powell will wait until investigation ‘well and truly over.’ (1:20) The following is an abridged transcript: This is a special Fed edition of Wall Street Lunch Amid what one economist calls a “central banker’s nightmare” of inflation and labor market risks, the Federal Reserve clearly ...
PicPay Announces Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-03-18 20:34
To participate in the conference call, please visit the Events & Presentations section of PicPay's Investor Relations website or register here. About PicPay PicPay is one of the largest digital banks in Brazil by number of customers. The company operates a two-sided ecosystem creating a bridge between both consumers and businesses. PicPay offers a broad array of financial products and services such as digital wallet, credit cards, loans, investments, and insurance to consumers and businesses. For more infor ...
Banking Sector M&A, Dealmaking For Regional Banks | Bloomberg Deals 3/18/2026
Bloomberg Television· 2026-03-18 18:18
>> LIVE, FROM BLOOMBERG'S WORLD HEADQUARTERS IN NEW YORK CITY, WE ARE TRACKING THE KEY PLAYERS, MAJOR MOVES, AND CAPITAL FLOWS SHAPING GLOBAL MARKETS. >> WELCOME TO BLOOMBERG DEALS, THE ONLY SHOW DEDICATED TO CORPORATE ACTION RESHAPING MARKETS. THE FED DECIDES AS BANKS BRACE FOR MOUNTING GEOPOLITICAL AND PRICE PRESSURES.WE LOOK AT HOW THE MACROENVIRONMENT IS WEIGHING ON M&A IN THE BANKING SECTOR. I WILL SPEAK WITH TOM MICHAUD AND OF KBW. AND WE GET INSIDER PERSPECTIVE ON RECENT REGIONAL BANK DEALS, LIKE PNC ...
How to game out the Fed's next move
Youtube· 2026-03-18 18:16
NOT GOING TO GET A TREATY OF VERSAILLES. IT DIDN'T REALLY PLAY OUT THE WAY WE HOPED. AFTER THAT, I KNEW THAT MIGHT NOT BE THE RIGHT REFERENCE, BUT I MEANT AS A POINT IN TIME.YEAH. JOHN MAYNARD KEYNES HAS SOMETHING TO SAY ABOUT THAT. LET'S BRING IN CNBC.SENIOR ECONOMICS REPORTER STEVE LIESMAN KNOWS ALL ABOUT THAT AHEAD OF THE FED STEVE. AND OF COURSE THE FED IS LOOKING AT A LOT OF THE SAME ISSUES AND INFLUENCES THAT WE'RE TRYING TO HASH OUT. AND AND PERHAPS DOESN'T HAVE A CLEAR ANSWER OF HOW IT MIGHT PROCEED ...
Oaktree's Howard Marks on Unpredictablility, Importance and Investing in AI
Youtube· 2026-03-18 17:51
Group 1 - The introduction of artificial intelligence (AI) is not a bubble, but its unpredictability may be underestimated, affecting investment strategies significantly [1][5][35] - Concerns about private credit are warranted, as lending to sub-investment grade companies can be sound, but excessive eagerness can lead to problems [2][3][8] - The competition for deals in private credit has led to lower interest rates and safety, indicating a potential end of a cycle or a frothy market [4][17][18] Group 2 - The current environment is marked by low default rates, but this could change as credit cycles evolve, leading to higher defaults in the future [30][32][34] - The pricing of private credit is currently at equilibrium with public credit, suggesting that investors should diversify rather than concentrate on one type [20][18] - The lack of transparency in private credit investments is causing unease among investors, as many may not fully understand the risks involved [21][23][24] Group 3 - AI's impact on various industries is profound, with significant job displacement already observed, raising questions about the future workforce [7][61] - The unpredictability introduced by AI complicates investment decisions, making it essential for investors to remain cautious and analytical [5][41][58] - Companies that are heavily reliant on AI may require different investment approaches, favoring equity over fixed income to capture potential upside [39][40]
Oil tops $108 as Israel strikes Iran gas facilities
Yahoo Finance· 2026-03-18 14:43
Brent crude topped $108 a barrel Wednesday after Israel struck Iranian gas infrastructure, sending oil prices up more than 4%. The latest escalation came as the Strait of Hormuz closure continues to disrupt global energy flows. Brent crude traded at $108.15 per barrel, a 4.57% advance on the day. West Texas Intermediate was at $98.27 a barrel, up 2.14%. The strikes hit Iran's largest gas processing complex in Bushehr Province, CNBC reported. State television in Iran reported that the South Pars gas fiel ...
Northern Trust Marks 35 Years in Canada with Strong New Business Momentum
Businesswire· 2026-03-18 14:15
Northern Trust Marks 35 Years in Canada with Strong New Business Momentum Mar 18, 2026 10:15 AM Eastern Daylight Time Northern Trust Marks 35 Years in Canada with Strong New Business Momentum Share Further growth enabled through launch of Northern Trust Asset Management index funds for Canadian institutional investors TORONTO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that, as it marks 35 years of serving institutional clients in Canada, the firm reported strong new business momentum in ...
Wally Mlynarski Named Elavon CEO
Businesswire· 2026-03-18 14:00
Wally Mlynarski Named Elavon CEO Mar 18, 2026 10:00 AM Eastern Daylight Time Wally Mlynarski Named Elavon CEO Share Banking veteran returns to company to lead Merchant Payment Services ATLANTA--(BUSINESS WIRE)--Wally Mlynarski has been named CEO of Elavon, a wholly owned subsidiary of U.S. Bank, delivering secure, scalable payments solutions and dedicated support to businesses across the United States, Europe and Canada. Mlynarski most recently led merchant services and receivables at Bank of America. He pr ...
US stocks fall as PPI inflation jumps, Dow Jones down 169 points
Invezz· 2026-03-18 13:42
US stocks fall as PPI inflation jumps, Dow Jones down 169 points Stock market Author Ananthu C U US stocks fall as PPI inflation jumps, Dow Jones down 169 points Mar 18, 2026, 13:42 PM US stock opened lower on Wednesday after hotter-than-expected inflation data and rising oil prices dampened investor sentiment ahead of the Federal Reserve's policy decision. Dow Jones Industrial Average fell about 169 points, or 0.36%, while S&P 500 fell 0.31% and Nasdaq 100 declined roughly 0.26%. The cautious tone followed ...
Morning Bid: Fed plot unfolds
Yahoo Finance· 2026-03-18 10:49
By Mike Dolan March 18 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Given the backdrop of war and oil price volatility, investors’ focus later today will be on whether Federal Reserve officials consider the inflationary implications of the oil shock significant enough to alter ‌their forecast for one U.S. interest rate cut this year. The energy spike exacerbates an already deteriorating inflation picture. The Fed will get another important glimp ...