Exclusively for Pro Subscribers: The concerns over Credit Suisse's financial health.
Credit Suisse Group AG CS: NYSE |
| 4.01 +0.10 (+2.42%) Last | 2:56 PM EDT RT Quote | Last NASDAQ LS, VOL From CTA | USD |
| |
|
Credit Suisse Group AG CS: NYSE |
| 4.01 +0.10 (+2.42%) Last | 2:56 PM EDT RT Quote | Last NASDAQ LS, VOL From CTA | USD |
|
|
With concerns over Credit Suisse's financial health, talks about whether the situation is likely to cause a credit event, like the 2008 collapse of Lehman Brothers, is up for debate. Allianz's chief economic advisor, Mohamed El-Erian chimed in on if he thinks the bank is having their "Lehman moment", and what he wishes the Fed would do. What is most interesting, he said, is the market's reaction to the Credit Suisse news. There is anxiety not only about economic issues such as tightening financial conditions, central bank mistakes and a slowing global economy, but also about market functioning. Subscribe to CNBC Pro to see what El-Erian has to say about Credit Suisse's financial health, and what investors should be watching as the Fed tries to balance controlling inflation, employment and financial stability. |
|
|
Here are more of today's top stories, exclusively for CNBC Pro subscribers! Here are Monday's biggest analyst calls: Tesla, Apple, Box, Roblox, Amazon, Wells Fargo & more
MON, OCTOBER 03 2022 Rising rates and volatile markets: A guide to keeping your investments on course in the fourth quarter
MON, OCTOBER 03 2022 Investment pro says ETFs are now a better bet than stocks — and reveals areas of 'tremendous' value SUN, OCTOBER 02 2022 Citigroup cuts year-end S&P 500 target to 4,000 and predicts down year in 2023
MON, OCTOBER 03 2022 Here are Bank of America's top stock longs for the fourth quarter
MON, OCTOBER 03 2022 Should investors flee stocks? Strategists give their take — and reveal how to trade the volatility SUN, OCTOBER 02 2022 |
|
|
| Like getting these emails? Subscribe to CNBC Pro today and get access to unlimited Pro articles, access to Pro live events, stock tips, and money-making investment ideas. |
|
|
© 2022 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS |
|
|
|
Tidak ada komentar:
Posting Komentar