Deutsche Bank AG on Wednesday reported higher profit and revenue that beat expectations, overcoming a challenging investment-banking market to confirm its guidance for the year. The German lender’s DB, +2.54% Read more
Tag: DB
Deutsche Bank beats forecasts, as higher rates help overcome headwinds
Deutsche Bank AG on Wednesday reported higher profit and revenue that beat expectations, overcoming a challenging investment-banking market to confirm its guidance for the year. The German lender’s DB, +2.54% Read more
Why hopes for a Fed ‘pivot’ could be off-base, once again, based on a long history of inflation
Five times in the past year, investors and traders hoped the Federal Reserve would shift to an easier policy stance at some point and were wrong. While it remains to Read more
Financial markets still underestimate inflation risks despite seven straight 8%-plus annual CPI readings, according to DB
Despite seven consecutive 8%-plus annual headline inflation readings, financial markets are being complacent about the growing risk that the U.S. may be entering a prolonged 1970’s-style era of slower growth Read more
First major Wall Street bank to call a U.S. recession says ‘the pessimists will sadly prevail’
Deutsche Bank, which became the first major Wall Street bank to forecast a U.S. recession in April, is running through its list of pros and cons for why the world’s Read more
Earnings expectations for 2023 likely to be revised lower, Goldman warns
The second-quarter earnings season started in earnest on Thursday with disappointing reports from JPMorgan Chase & Co. and Morgan Stanley. On top of missing profit expectations, JPM also announced a Read more
First Wall Street bank to call a U.S. recession now sees chance that inflation fails to decelerate
Deutsche Bank, the first major bank to predict a U.S. recession in the current inflationary era, now sees a chance that price gains won’t come off nearly as much as Read more