26th April 2023
- Banks Warned Regulators on Losses Months Before SVB Failed
Regulators urged in October through December to take action
Banks had sought rule change for access to home loan banks
https://blinks.bloomberg.com/news/stories/RTOUVDDWLU69
- First Republic Mulls $100 Billion Asset Sales in Turnaround Plan
Shares of the bank tumble on proposed sales, deposit slump
Buyers might be offered incentives to pay above-market rates
https://blinks.bloomberg.com/news/stories/RTOMLODWX2PS
- Housing-Market Bottom Raises Hopes That US Can Avoid Recession
Key housing indicators have rebounded in early months of 2023
Mortgage rates have likely peaked with Fed hikes almost done
https://blinks.bloomberg.com/news/stories/RTMRU2DWLU68
- US Consumer Confidence Dips to Lowest Since July as Outlook Dims
Conference Board index fell in April, but current views rose
Expectations remain below recessionary level, economist says
https://blinks.bloomberg.com/news/stories/RTOE74DWRGG0
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