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Financials Fall Alongside Treasury Yields, Amid Diminished Inflation Expectations


Financials Fall Alongside Treasury Yields, Amid Diminished Inflation Expectations - Financials Roundup
05/25/2021 | 05:14pm EDT
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Shares of banks and other financial institutions fell as Treasury yields dropped on diminished inflation expectations.
Since the release of the Fed minutes last week, bond market breakeven rates (i.e., the bond market s embedded inflation expectation) and commodity prices have both declined, said Jim Paulsen, chief investment strategist at money manager The Leuthold Group, in a note to clients.
Instead of engaging in a taper tantrum as happened during previous shifts in Federal Reserve bond-buying plans, the stock market may be applauding the Fed s apparent plan to gradually bring inflation to heel, according to Mr. Paulsen. ....

Jim Paulsen , Edward Keller , Warren Buffett Berkshire Hathaway , Rob Curran , Morgan Stanley , Industrial Commercial Bank , Goldman Sachs Group , Leuthold Group , Federal Reserve , Commercial Bank , Warren Buffett , Berkshire Hathaway , Dow Jones , ஜிம் பால்சென் , எட்வர்ட் கெல்லரர் , வாரன் பஃபெட் பெர்க்ஷயர் ஹாத்வே , கொள்ளை குர்ரன் , மோர்கன் ஸ்டான்லி , தொழில்துறை வணிகரீதியானது வங்கி , கோல்ட்மேன் சாக்ஸ் குழு , கூட்டாட்சியின் இருப்பு , வணிகரீதியானது வங்கி , வாரன் பஃபெட் , பெர்க்ஷயர் ஹாத்வே , டோ ஜோன்ஸ் ,

Morgan Stanley's Global Head of Prime Brokerage Steps Down


Provided by
Dow Jones
By Juliet Chung
Morgan Stanley s global head of prime brokerage, Edward Keller, is stepping down from his role to deal with a personal health issue, the bank said in an internal memo Monday.
The bank named Penny Novick and Kim Shaw as global co-heads of prime brokerage to succeed Mr. Keller. The pair are the first women Morgan Stanley has named to run prime brokerage globally.
Mr. Keller is a nearly 30-year veteran of Morgan Stanley. The memo said Mr. Keller had told the bank about his wish to step down and that he would return to a senior role advising clients, reporting to the global co-heads of institutional equities. Prime brokers cater to trading clients such as hedge funds, executing their trades, lending them money and helping introduce them to investors. ....

Kim Shaw , Gokul Laroia , Alan Thomas , Edward Keller , David Russell , Juliet Chung , Morgan Stanley , Dow Jones Company Inc , Penny Novick , Prime Brokerage , Dow Jones , கிம் ஷா , ஆலன் தாமஸ் , எட்வர்ட் கெல்லரர் , டேவிட் ரஸ்ஸல் , ஜூலியட் சுங் , மோர்கன் ஸ்டான்லி , டோ ஜோன்ஸ் நிறுவனம் இன்க் , ப்ரைம் தரகு , டோ ஜோன்ஸ் ,