Bank turmoil could bring ‘vicious’ end to bear market, Morgan Stanley says

Kenny Polcari, Chief Market Strategist at SlateStone Wealth, has joined Varney & Co. We discuss the US banking crisis and predict its impact on the stock market. Disturbances within the banking sector are likely to provide a ‘vicious’ start to the end of the bear market for US stocks, according to Morgan Stanley. Michael Wilson, […]

JPM, Morgan Stanley in deal talks with First Republic: report

Several banks, including JPMorgan Chase and Morgan Stanley, are in talks with First Republic Bank about a potential deal. The Wall Street Journal reported on Thursday, citing people familiar with the matter. The deal could include a capital injection to shore up troubled lenders after the collapse of SVB Financial last week sparked fears of […]

Stanley Cup picks, odds, bets

Commercial Content 21+. The NHL regular season is a roller coaster for nearly every team. Unless a team is at the top of the table or holding onto it, it can endure many ups and downs throughout its 82-game campaign. Perhaps no team has had a more turbulent 2022-23 season than the Flames. The ride […]

Stock market in ‘bull trap,’ headed for more pain in March: Morgan Stanley

Guidestone Capital Management CEO David Spika and SlateStone Wealth Chief Market Strategist Kenny Polcari debated whether investors should stop calling the market bottom and start buying stocks in “The Claman Countdown.” increase. The US stock market is likely to face further losses this year, according to Morgan Stanley. Michael Wilson, chief U.S. equity strategist at […]

Rangers trading for Patrick Kane as Stanley Cup hopes intensify

The Rangers and Patrick Kane are a pairing that has been created over the years and is finally together. Kane ended up heading to New York as the Rangers traded a conditional 2023 second-round pick and a 2023 fourth-round pick to the Blackhawks, according to multiple reports. Stanley Cup this season. Equipped with one of […]