February 9, 2023 Today’s chilling earnings report from Credit Suisse (CS) one of the oldest banks in Switzerland, that it had its largest banking loss since the financial crisis of 2008, sent the stock to down to almost $3.00/share. And that CS expected more “substantial” losses this year, as clients pulled billions of dollars from…… Continue reading Bubble Popping?
Month: February 2023
Bad News is Good News?
February 9, 2023 Since late December, investors have been receiving bad news about the economic outlook as major companies continue to cut staff in “restructuring” moves as they foresee a difficult 2023. Yet, January has turned out to be a very positive month for most investors particularly in a number of stocks with heavy short…… Continue reading Bad News is Good News?