U.S. CPI falls to 6.0% in February, as expected, but core prices still strong
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- Novartis shares plunge 10% as failed drug trial clouds growth outlook
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Odeon's Dick Bove says the Fed is Likely to Raise Rates Next Week, 'much better for markets than avoiding a rate increase'
March 16, 2023 12:39 PM EDTOdeon's Dick Bove says the Fed is Likely to Raise Rates Next Week
"It is highly likely that the Federal Reserve will raise interest rates next week. "The analyst comments "It is highly likely that the Federal Reserve will raise interest rates next week. I... More
'Bearish everywhere, not just banks' claims Citi
March 14, 2023 9:00 AM EDTCiti analyst Chris Montagu said Tuesday that markets are bearish everywhere, not just banks, with the SVB Financial news appearing to have amplified the bearish trend in flows.
"Markets across the board have been selling off sharply, and positioning is rapidly switching net bearish as we enter... More

