Jamie Dimon is worried the US economy is headed back to the stagflation environment of the 1970s. finance.yahoo.com/news/jamie-dim… via Yahoo Finance

Time zone thing or a template problem? Hard to say.

BITCOIN HALVING PROCESS TAKES PLACE

The highly awaited Bitcoin halving finally happened on Saturday, with the Bitcoin block height hitting 840,000.

The event, which controls how many new coins are entering the market, takes place every four years and is usually followed by an…

JPMorgan’s Jamie Dimon is worried about ‘stickier inflation and higher rates’ yahoo.trib.al/fSkwceS by David Hollerith

Banks are building more branches for the first time in a decade yahoo.trib.al/B1uHhFV by David Hollerith

PNC’s CEO is learning a lot of lessons from the 2023 banking crisis yahoo.trib.al/ESnAvcT by David Hollerith

every financial journalist knows what a bad day this guy is having

Today, bitcoin's wild ride back to ATH looks like one big crazy grin.

Excellent chart from David Foster.

Wells Fargo slowly starts to shed the problems of its past yahoo.trib.al/1X5z68I by David Hollerith

New turmoil at NYCB as CEO exits and fourth-quarter loss balloons to $2.7 billion yahoo.trib.al/uaQedNN by David Hollerith

New York Community Bank is going to be late on its annual report, it said today in a filing.

Its recognizing a $2.4 billion goodwill impairment bringing previously reported $252m Q4 loss to $2.7 billion. Also EC Sandro DiNello is now CEO. Fmr CEO is out and a director has left.

New paper showing bank lending has declined 25% as a share of the total lending market since the 1970s. Banks now account for about 35% of the total lending market according to this research.

papers.ssrn.com/sol3/papers.cf…

This has killed me all week.

Exchanges have to give notice a certain amount of hours before a potential listing. Not official approval certification.

Since the summer, it’s just an inversion of the 10-year yield chart. The regional bank equity market is still more afraid of higher rates than lower rates.

(Chart via David Hollerith)

'As an investment strategist, of course, you want to have good ideas rather than bad ones. But as we argued a few weeks ago, you must have ideas.' finance.yahoo.com/news/the-simpl… by Myles Udland via Yahoo Finance