WSJ

Scapegoating the Short-Sellers

Banks want the SEC to prevent bets that share prices will fall, accusing shorts of manipulating stock prices. However, targeting short-sellers would be counterproductive and markets function better when there is more liquidity and price discovery.

Banks accuse short-sellers of manipulating stock prices during the current banking anxiety.
Industry groups claim that opportunistic short-sellers have caused share prices at healthy regional banks to plunge.
The American Bankers Association urges the SEC to investigate short selling, but concedes legitimate short selling can generate market liquidity and price discovery.
Targeting short-sellers would be counterproductive according to a NY Fed study.
Markets function better when there is more liquidity and price discovery.

Charting the Global Economy: Central Banks Hold as Prices Cool

Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.

Factbox: Turkey earthquake and some of the worst natural disasters of this century

Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.

Take Five: Strap in for no landing

A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec

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