Basel III Endgame will have ‘unintended consequences’ for every corner of the economy, top economist Randall Kroszner warns – Uptrends

Basel III Endgame will have ‘unintended consequences’ for every corner of the economy, top economist Randall Kroszner warns – Uptrends

  New banking regulations don’t typically generate much interest from the general public. Basel III Endgame (B3E) is a bit different—and it’s not just the catchy, Marvel-esque nickname that’s drawing attention. The nation’s top bankers—as well as numerous conservative lawmakers, industry associations, and lobbyists—have pushed back against B3E, arguing it will be costly for consumers … Read more

Stock market emerges as top performer in major asset classes in 2023 – Uptrends

Stock market emerges as top performer in major asset classes in 2023 – Uptrends

  After lagging for the last few years, the stock market outperformed other popular investment options and asset classes for local investors in 2023, such as the US dollar, gold, government securities, and real estate, according to a research note shared by Topline Securities on Saturday. Market emerged as the highest return provider, as the … Read more