Christopher Whalen, a banking analyst, sold all his bank stocks at the end of September, anticipating rising credit costs and higher consumer loan delinquencies. He shifted his investments toward precious metals like gold and silver, viewing them as safer assets amid global central banks' moves away from the dollar. Whalen also expects the Federal Reserve to stop raising rates and eventually resume bond buying to support the economy, which could lead to higher inflation and food prices. He warns investors to be cautious about private equity and advises retirees to focus on income and gold exposure for stability.
Regarding former Fed insider Chris Whalen's shift from bank stocks to gold, here is Pluang's Financials sector market snapshot as of Oct 20, 2026 03:02 WIB: Out of 142 priced US Financials stocks, 42 rose and 99 fell today. Notable movers include SOFI at USD 14.45 with a 1-day change of -4.24% and a typical hold time on Pluang of 61 days, XP at USD 30.25 up 3.47%, and WULF at USD 12.08 up 3.42% with a strong buy order activity of 79%.
ICICI Bank reported a 20.1% year-over-year rise in standalone profit after tax to INR 148.43 billion for Q2 FY2027, surpassing earnings estimates with ADR earnings of $0.44 per share versus $0.41 expected. Revenue slightly exceeded forecasts at $3.52...
RTX Corporation is set to release its Q3 2026 earnings report on October 20, with Wall Street expecting earnings of $1.78 per share and revenue around $24.1 billion. The company has a strong record of beating earnings estimates for four consecutive q...
The Canadian Investment Regulatory Organization (CIRO) has temporarily halted trading of all shares of Bighorn Metals Corp. (symbol HRNY) as of 1:10 PM ET on October 19, 2026. The halt is pending further information from the company and aims to maint...
The HCA Healthcare Foundation awarded $25,000 to Waypoint (formerly Virginia Home for Boys and Girls) to expand its network of adults trained to support youth mental wellness across Virginia. This funding supports Waypoint's Therapeutic Resources tea...
Angle Advisors has appointed Chris Gessner as a Managing Director, bringing over 20 years of experience in corporate finance, including lending, private equity, and M&A advisory. Gessner's background spans various transaction types and industries suc...
