In the news
CIBC Private Wealth in the News
04.22.2025
Bloomberg
'Oil Falls as OPEC Fears Outweigh Possible Easing of China Levies'
04.16.2025
BNN Bloomberg
'Outlook for oil amid recession fears'
Rebecca Babin, senior energy trader at CIBC Private Wealth, shares her outlook for oil as recession fears leave investors nervous. Watch
04.11.2025
Bloomberg
'Oil Prices Advance as Trump Pauses Tariffs on Some Countries'
04.10.2025
yahoo! finance
'Oil: What markets are signaling about supply & demand'
Rebecca Babin, CIBC senior energy trader, joins Trader Talk podcast host Kenny Polcari on Catalysts to discuss how global tariffs, particularly in nations like India and China, could influence future demand. Watch
04.10.2025
MarketWatch
'Oil may be a recession indicator — but Trump’s sudden tariff-hike pause makes it harder to read'
“Trump likely wanted oil below $60 to tout a win on inflation and claim he lowered costs for the average American,” said Rebecca Babin, senior energy trader and managing director at CIBC Private Wealth in New York. He was getting the “price he wanted, but for the wrong reasons.” Read
04.09.2025
S&P Global
'US investor risk aversion stretches into 3rd straight month in April'
"Corporate earnings are an important factor to maintain equity market valuation, given valuations have been significantly above the historical long-term average when the year started," Bryan Reilly, senior investment analyst for CIBC Private Wealth Management's Proprietary Investment Team, told Market Intelligence. "Earnings estimates are starting to decline, however, due to the weakening sentiment of both businesses and consumers. This is further compounded in a significant way by the recent tariff decisions." Read
04.09.2025
S&P Global
'US consumer discretionary stocks face challenging outlook as tariffs hit'
"There are a number of industries in the consumer discretionary sector that could face pressure from diminishing market confidence such as high-end clothing retailers, fine dining and others," Bryan Reilly, senior investment analyst for CIBC Private Wealth Management's proprietary investment team, told Market Intelligence. "During uncertain times, consumers may delay the purchase of large ticket items like new cars and expensive vacations, or they may seek out less expensive alternatives." Read
04.08.2025
Bloomberg TV
'Tariff-Driven Turmoil Drags Stocks to Multiyear Lows'
"Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Julian Emanuel, Evercore ISI, Diane Swonk, KPMG, Ygal Arounian, Citi, Bill Campbell, DoubleLine and Rebecca Babin, CIBC Private Wealth" Watch
04.03.2025
yahoo! Finance
'Oil tanks 6% amid 'panic selling' as Trump tariffs, OPEC+ supply increases send prices reeling'
"[The] 54% tariff on China is a significant negative surprise," CIBC Private Wealth senior energy trader Rebecca Babin told Yahoo Finance. "The tariffs on growing emerging economies that contribute most to crude demand growth (not absolute demand) are getting hit the hardest." Read
03.19.2025
BNN Bloomberg
'Outlook for oil if tariffs continue to apply pressure'
"Rebecca Babin, senior energy trader at CIBC Private Wealth, shares her outlook for the oil sector as she says supply and demand could see some struggle once the impact of tariffs start to kick in." Watch
03.19.2025
Investment News
'How to use charitable giving strategies to lower taxes, transfer wealth'
Amanda Regnier, senior wealth strategist at CIBC US Private Wealth, sits down with InvestmentNews anchor Gregg Greenberg to highlight the best strategies for high-net-worth investors to give charitably and transfer wealth while still growing their portfolios. Watch
03.19.2025
The Wall Street Journal
'Fast-Changing Federal Policies Shuffle Municipal-Bond Strategies
03.19.2025
CNBC Squawk Box Asia
'Oil price is likely to fall to $60, not $50 given demand weakness and production cost concerns'
Rebecca Babin from CIBC Private Wealth US says oil prices are heading lower as what the President wants, but for all the wrong reasons”. Watch
03.13.2025
Forbes
'Calming Advice for a Chaotic Stock Market
03.05.2025
BNN Bloomberg
'Tariff's impact on energy sector'
Senior Energy Trader Rebecca Babin appeared on BNN Bloomberg. Watch
02.28.2025
Barron's
'The Dow is Rising, but It's Another Bumpy Day on Wall Street
02.19.2025
U.S. News & World Report
'Tax changes you can expect in retirement'
"State income tax, property taxes and sales tax differ significantly across the country," said Theresa Marx, director of wealth planning and senior wealth strategist at CIBC Private Wealth in Chicago, in an email.
She pointed out that some states – including Nevada, Texas and Florida – have no state income tax, while others tax income streams for retirees at different rates.
"States also have different property tax rates and available property exemptions for seniors," she said, adding that sales taxes can be much higher in states with major metropolitan areas. These taxes can erode retirees' fixed-income purchasing power." Read
01.23.2025
Bloomberg
'S&P 500 Adds to Record as Treasury Yields | Bloomberg: The Close 1/22/2025'
Senior Energy Trader Rebecca Babin appeared on Bloomberg. Watch
01.15.2025
Business Today
'Oil Prices Retreat From Five-Month High Amid Gaza Ceasefire Talks'
"While early signs of disruption have emerged—such as India restricting sanctioned vessels from discharging cargo—analysts expect Moscow to find ways to bypass sanctions. Rebecca Babin, senior energy trader at CIBC Private Wealth Group, stated that traders are pausing to assess how these developments will reshape the market." Read
01.10.2025
The Wall Street Journal
'Energy & Utilities Roundup: Market Talk'
01.10.2025
Bloomberg
'Oil Algorithmic Traders Loosen Grip on Market After Back-to-Back Annual Losses'
01.09.2025
BNN Bloomberg
'Key themes behind recent 10% rally in crude oil'
Senior Energy Trader Rebecca Babin appeared on BNN Bloomberg. Watch
12.18.2024
The Bond Buyer
'FOMC Preview: 25 bp Cut Seen; Future Less Clear'
11.20.2024
BNN Bloomberg
'Oil dips as traders weigh U.S. stockpile gains'
Rebecca Babin, senior energy trader of CIBC Private Wealth discusses the latest in the oil markets Watch
11.17.2024
BNN Bloomberg
'Oil Rises as Geopolitical Tensions Outweigh Weak Market Signals'
"Speculation that an emboldened Ukraine may put Russian energy assets at risk and increase the likelihood of direct involvement from the US and North Korea is reducing the urgency to sell as well, said Rebecca Babin, senior energy trader at CIBC Private Wealth Group." Read
11.11.2024
Yahoo! Finance
'China has been 'boogeyman' under oil's bed for 6 months: Trader'
"We came into the year with pretty high expectations of Chinese demand, and it's gradually just kind of gotten revised lower as the year has gone on," CIBC Private Wealth US Senior Energy Trader Rebecca Babin tells Yahoo Finance." Watch
11.07.2024
BNN Bloomberg
'Russia Says October Crude Output Was in Line With OPEC+ Target'
Rebecca Babin, senior energy trader of CIBC Private Wealth, talks about oil gains as OPEC+ delays its output hike. Watch
11.07.2024
CNBC Squawk Box
'CIBC’s Rebecca Babin on oil outlook for a second Trump presidency'
Rebecca Babin, CIBC Private Wealth senior energy trader, joins ‘Squawk Box’ to discuss oil outlook ahead of the opening bell on Thursday. Watch
11.05.2024
MarketWatch
'Oil ends higher for a fifth straight session as traders await U.S. election results'
11.02.2024
The Wall Street Journal
'The Tax Moves Investors Are Making No Matter Who Wins the Election'
10.17.2024
BNN Bloomberg
'Crude steadies as Israel backtracks threat on Iran's oil facilities'
"Crude remains in a high volatile environment as Israel sustains an attack on Iran's oil facilities. Energy trader Rebecca Babin explains." Watch
10.17.2024
Barron's
'Oil Futures Slip on Lower Geopolitical Risk Premium'
10.16.2024
Bloomberg
'Oil steadies near $70 with risk to Middle East supplies in focus'
09.10.2024
BNN Bloomberg
'Oil prices under pressure'
Rebecca Babin, senior energy trader of CIBC Private Wealth, joins BNN Bloomberg and talks about oil prices under pressure. Watch
09.06.2024
MarketWatch
'August jobs report 'doesn't scream recession. What Fed does next is a 'coin flip.'
08.09.2024
Bloomberg TV
'Stocks Swoon After Weak Treasury Sale | Bloomberg: The Close 8/07/2024'
"Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Jill Carey Hall, BofA Securities, Rebecca Babin, CIBC Private Wealth, Jason Bazinet, Citi, Laurel Durkay, Morgan Stanley Investment, Abigail Doolittle, Bloomberg News, Emily Leveille, Thornburg Investment Management, Chris Palmeri, Bloomberg News, Bernie McTernan, Needham & Co, Bailey Lipschultz & Emily Graffeo, Bloomberg News, Ken Leon, CFRA, Duncan Crabtree-Ireland, SAG-AFTRA, Stuart Paul, Bloomberg Economics. " Watch
08.08.2024
The Wall Street Journal
08.06.2024
CNN Business
'The Fed in drinking Wall Street's tears'
“The Fed worries about systemic risk in financial markets, not disappointed investors,” wrote David Donabedian, chief investment officer of CIBC Private Wealth, in a note to clients. “Corrections happen. Even in the best of times, stock prices do not go up in a straight line. Setbacks are part of the process.” Read
08.05.2024
Barron's
'The Stock Market Isn’t Crashing, Yet. Here’s When the Circuit Breakers Kick In.'
08.05.2024
Bloomberg
'Why the Stock Market May Be Overreacting'
08.05.2024
Bloomberg
'Stock Meltdown Triggers ‘Mad Rush’ for Treasuries: Markets Wrap'
08.03.2024
MarketWatch
'An ugly July jobs report revives talk of recession and bigger Fed rate cuts'
08.02.2024
CNBC
'Fears grow that Fed is too late in cutting rates as bets rise for a half-point easing at next meeting'
07.30.2024
The Bond Buyer
'FOMC preview: Will there be clues about cuts?'
07.26.2024
Barron's
'The Rotation Towards Small Stocks Resumes'
07.26.204
Bloomberg
'Oil Heads for Third Weekly Decline as China Demand Languishes'
07.18.2024
BNN Bloomberg
'China, Trump risks on the rise for oil: senior energy trader'
"Rebecca Babin, senior energy trader at CIBC Private Wealth, joins BNN Bloomberg to discuss the latest in the oil markets." Watch
07.08.2024
Barron's
'Rich Kids Can Feel Entitled. 7 Ways to Set Them Straight About Money.'
07.03.2024
CNBC
'Babin: 2025 will be ugly for the oil markets as demand dynamics shift'
"Rebecca Babin, Senior Energy Trader at CIBC Private Wealth, discusses oil prices in response to the summer driving season and Hurricane Beryl." Watch
07.02.2024
Bloomberg
'Oil Fluctuates Near Two-Month High as Technicals Restrain Rally'
06.13.2024
Barron's
'The Dow and the S&P 500 are falling in early trading Thursday.'
06.12.2024
Fox Business
'The US economy is facing its 'two biggest issues' in one day. What to know'
"It’s all about Wednesday, with the CPI report in the morning and the FOMC meeting statement in the afternoon," said David Donabedian, chief investment officer at CIBC Private Wealth U.S. "This puts the two biggest issues for the market in one day: inflation and monetary policy." Read
06.11.2024
Barron's
'Inflation in Services Holds the Key. It’s Stickier.'
06.10.2024
Bloomberg
'Stock Rally Wavers in Fed Countdown as Euro Slides: Markets Wrap'
06.04.2024
yahoo! Finance
'Oil prices: Energy markets were expecting 'a gift' from OPEC'
"CIBC Private Wealth US Senior Energy Trader Rebecca Babin likens the oil market to an over-expectant party host: "They [the market] wanted those cuts extended into the end of 2024, and we didn't get the gift. And the market's disappointed. So that was the first kind of reaction lower that we saw on Sunday night into Monday." Watch
06.04.2024
Bloomberg
'Oil Slides to Four-Month Lows as OPEC+ Deepens Bearish Sentiment'
06.03.2024
Bloomberg
'Treasuries climbed as a weak manufacturing reading fueled speculation the Federal Reserve will have room to cut interest rates this year.'
05.31.2024
MarketWatch
'Oil prices book largest monthly loss of 2024 as traders await OPEC+ decision on production cuts'
05.31.2024
Business Insider
'Stock market today: US indexes rally after cool inflation data'
"The equity market wants to see a slowdown in economic growth and today's PCE data provided a soft-landing report," David Donabedian said, chief investment officer of CIBC Private Wealth US." Read
05.08.2024
Bloomberg BNN
'Buy the dip when WTI crude tests US$75/bbl: energy trader'
"Crude prices are getting closer to the bottom of the range, but it's too soon to get back on the bull, says Rebecca Babin, senior energy trader at CIBC Private Wealth." Watch
05.06.2024
Bloomberg
'Oil Gains as Technicals Provide Support Amid Cease-Fire Progress'
05.03.2024
Bloomberg
'Stocks Climb as Bond Traders Reload Fed-Cut Wagers: Markets Wrap'
05.03.2024
Fortune
'It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%'
05.03.2024
CNBC
'Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead'
05.03.2024
The Washington Post
'Employers added 175,000 jobs in April, as labor market growth slows'
04.26.2024
MarketWatch
'Worst of both worlds'
04.25.2024
Business Times
'U.S. GDP Grows at 1.6% in First Quarter, Falling Short of Analysts’ Forecasts'
"The GDP price index, another inflation gauge, climbed at a 3.1% rate, indicating that prices across the economy continue to rise faster than desired. "This was a worst of both worlds report - slower than expected growth, higher than expected inflation," commented David Donabedian, chief investment officer of CIBC Private Wealth US. " Read
04.25.2024
Fox Business
'US economy grew slower than expected at the start of 2024'
"This was a worst of both worlds report — slower than expected growth, higher than expected inflation," said David Donabedian, chief investment officer of CIBC Private Wealth US. "The biggest setback is the acceleration in core inflation, and in particular, the services sector rising above a 5% annual rate." Read
04.25.2024
CNBC
'GDP growth slowed to a 1.6% rate in the first quarter, well below expectations'
“This was a worst of both worlds report – slower than expected growth, higher than expected inflation,” said David Donabedian, chief investment officer of CIBC Private Wealth US. “We are not far from all rate cuts being backed out of investor expectations. It forces [Fed Chair Jerome] Powell into a hawkish tone for next week’s [Federal Open Market Committee] meeting.” Read
04.25.2024
Barron's
'Slower Growth, Stronger Inflation Could Leave Fed in a Bind'
04.24.2024
Bloomberg
'Treasury Yields Jump as GDP Dashes Fed Pivot Hopes: Markets Wrap'
04.24.2024
Bloomberg
'We are still closer to the ceiling than the floor in crude prices: CIBC's Rebecca Babin'
"We have seen an unwind in hedges following geopolitical tensions between Israel and Iran avoided the worst-case scenario. That is according to Rebecca Babin, senior energy trader at CIBC Private Wealth." Watch
04.23.2024
Barron's
'Stocks Rally as Bond Yields Ease. The Dow Adds 450 Points.'
04.22.2024
Bloomberg
'Bloomberg Businessweek: Big Tech Earnings'
"Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams looks ahead to this week’s slew of earnings reports including several from big tech companies. Bloomberg Opinion Editor Mark Gongloff explains why the only thing climate change is cooling is growth. Neatleaf CEO Elmar Mair discusses revolutionizing greenhouse farming with AI and Robotics. And we Drive to the Close with Dave Donabedian, CIO at CIBC Private Wealth Management." Listen
04.22.2024
Bloomberg
'Oil Slides as Technical Support Vies With Limited War Risks'
04.22.2024
The Wall Street Journal
'Energy & Utilities Roundup: Market Talk'
04.19.2024
MarketWatch
'Stocks are down almost 5%, but don't blame the Middle East conflict'
"The stock market's near 5% pullback in April can't be pinned on trouble in the Middle East, according to David Donabedian, chief investment officer of CIBC Private Wealth U.S.
“Right now, the conflict in the Middle East is not driving the equity market which is focused on inflation, the Fed and bond yields," Donabedian said in emailed commentary.
"However, the equity market will look at the price of oil, which has been down this week. If it spikes, then the market will pay attention." Read
04.17.2024
Bloomberg
'Hedge Funds Sell Off Winning Energy Stocks to Buy Soaring Oil'
04.16.2024
MarketsInsider
'Stock market today: US stocks rise on strong earnings as traders try to come back from streak of losses'
"While many corporations expected a weak first quarter earnings relative to the balance of the year, we feel those earlier guides were overly conservative and earnings will beat expectations handily as the first quarter earnings season progresses," Bryan Reilly, portfolio manager at CIBC Private Wealth US, said." Read
04.16.2024
The Wall Street Journal
'Wall Street Is Betting OPEC+ Can Fend Off $100 Oil'
04.15.2024
Financial Post
'Oil prices could breach $100 as Middle East conflict turns more dangerous, analysts warn'
"But Rebecca Babin, senior energy trader at CIBC Private Wealth, doesn’t anticipate prices to cross the US$100 barrier since she expects OPEC to unwind its cuts if Brent crude futures hit the mid-US$90s." Read
04.15.2024
Bloomberg TV
'Iran Could Target Ships in Strait of Hormuz: Babin'
04.15.2024
CNBC
'May see some unwinding of tail hedges on oil prices, says Rebecca Babin'
"Rebecca Babin, Senior Energy Trader at CIBC Private Wealth, discusses Iran’s strike on Israel and the impact on oil prices." Watch
04.15.2024
Bloomberg
'Hot Commodity Markets Are Dogging Inflation-Wary Central Banks'
04.09.2024
Yahoo! Finance
'Oil: OPEC has 'hands on the steering wheel' of energy market'
"CIBC Private Wealth US Senior Energy Trader Rebecca Babin weighs in on the oil inventory pressures associated with OPEC+'s production cuts and the Russia-Ukraine War, looking ahead to the range where oil and US gas prices could eventually settle into.
"Right now what they [OPEC+] have is a beautiful position of controlling the market. They've got their hands on the steering wheel here. They don't want to lose that," Babin tells Yahoo Finance. "You let it go too far, you get SPR (Strategic Petroleum Reserve). So, let's bring back some barrels. I think this puts a damper on this rally to $100 [per barrel] that some people are talking about. And he second big factor I think is demand destruction. You can't just have an explosive rally to the upside and think demand is going to be completely inelastic." Read
04.08.2024
Barron's
'The indexes started Monday on mixed footing following a tough week.'
04.08.2024
Bloomberg TV
'OPEC Doesn't Want to be behind SPR Release: CIBC's Babin'
Watch
03.22.2024
MarketWatch
'Financial markets will 'rebel' if Fed's Powell turns out to be wrong about inflation'
"Federal Reserve Chairman Jerome Powell "put himself out on a limb this week with his expectation that inflation would behave,” said David Donabedian, chief investment officer of Atlanta-based CIBC Private Wealth US, which oversees $101 billion in assets." Read
03.21.2024
Bloomberg
'California to Sell $2.6 Billion of Bonds to Buyers Seeking Shelter'
03.19.2024
Fortune
'Get ready for a more expensive summer driving season: Gas prices have surged more than 12% since the start of the year'
03.18.2024
The Bond Buyer
'FOMC preview: How many cuts and when will they start?'
03.18.2024
Barron's
'Talking Markets with CIBC's David Donabedian'
"Barron's senior managing editor Lauren R. Rublin, senior writer Nicholas Jasinski and David Donabedian, chief investment officer at CIBC Private Wealth Management discuss the outlook for financial markets, industry sectors, and individual stocks." Watch
03.18.2024
BNN Bloomberg
'WTI is on a slow grind to US$85: energy strategist'
"Seasonality and low inventories are really helping oil break out past US$80, says Rebecca Babin, senior energy trader at CIBC Private Wealth." Watch
02.26.2024
Barron's
'Dow, S&P 500 Post Record Closes'
02.26.2024
Barron's
Stock Rally Wanes After S&P 500 Touches 5,100 Mark: Markets Wrap'
02.22.2024
Bloomberg
"Oil Rises Near Upper End of Range on Signs of Tighter Market"
02.13.2024
Bloomberg
'Oil Rises as OPEC Demand Outlook Aids Push Past Technical Level'
02.10.2024
Business Insider
'Tech stocks' huge gains shouldn't make investors fear dot-com bubble 2.0'
"Over the last several years, the vast majority of the Magnificent Seven's stock return was driven by profit growth, not multiple expansion," Philip D. Lorenz, senior Equity Analyst at CIBC Private Wealth US, said." Read
02.09.2024
Bloomberg
'S&P 500 Tops 5,000 Mark After Fed-Friendly Report: Markets Wrap'
02.06.2024
Yahoo! Finance
'Oil prices have room to rise, trader says'
"Rebecca Babin, US Senior Energy Trader at CIBC Private Wealth, joins Yahoo Finance Live to weigh in on oil market dynamics, calling it a "tricky, tricky market" regarding supply and demand. Babin notes investors are watching China demand and surging US production." Read
02.05.2024
Bloomberg
'CIBC oil specialist Rebecca Babin sees crude headed back above US$80'
"Rebecca Babin, senior energy trader at CIBC Private Wealth, says the cost of diverting tankers from the Red Sea is a major factor supporting oil. She argues that OPEC+ is determined to support prices by keeping down production and she sees crude topping US$80 later this year." Watch
02.03.2024
Business Insider
'Red Sea turmoil is the only thing keeping oil prices as high as they are'
"Even though it doesn't look like it's going a lot higher, it's supporting the downside of what is looking like a little bit of fundamental weakness," oil analyst Rebecca Babin, from CIBC Wealth Management, said." Read
02.02.2024
Business Insider
'US stocks surge in tech-led rally after red-hot jobs report'
"Today's jobs report calls into question the narrative of a soft landing for the economy," David Donabedian from CIBC Private Wealth said. "The January jobs report was pretty dramatic, implying there may be no landing. The economy is ripping ahead." Read
02.02.2024
Bloomberg
'Stocks Climb Amid Signs Economy is ‘Ripping Ahead’: Markets Wrap'
02.01.2024
Barron's
'The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite made solid gains. Treasury yields were lower.'
01.31.2024
The Bond Buyer
'FOMC Preview: Fed Watchers Already Looking Past January'
01.29.2024
Bloomberg
'Oil Erases Gain as Traders Await US Response to Deadly Attacks'
01.22.2024
CNBC
'CIBC Private Wealth CIO: Bulls see economy as bullet proof'
"There’s a shift in the justification for bullish investors, according to David Donabedian, chief investment officer of CIBC Private Wealth.
Donabedian said the “story is changing” for bulls. They have moved beyond excitement about the potential for forthcoming interest rate hikes, he said, to an all-around confidence that the economy is infallible.
“Investor optimism had been driven by the belief there would be aggressive rate cuts by the Fed,” Donabedian said. “Now investor belief has pivoted to view the economy as bullet-proof. No matter how high interest rates go, the economy will continue to glide right through.” Read
01.25.2024
Bloomberg
'Oil Jumps to Two-Month High on US Stockpile Drop, China Stimulus'
01.22.2024
Bloomberg
'S&P 500 Rises as US Stocks Build on Record High: Markets Wrap'
01.19.2024
Bloomberg
'Oil Edges Lower as Oversupply Forecasts Outweigh Red Sea Risks'
01.09.2024
MarketWatch
'Record U.S. oil production sparks battle for market share with Saudi Arabia and OPEC+'
"U.S. oil production exceeded expectations in 2023 as efficiency and productivity gains surprised the market and offset some of the OPEC+ output cuts, said Rebecca Babin, senior energy trader at CIBC Private Wealth U.S. " Read
01.05.2024
The Wall Street Journal
'Stocks End Rough Week on High Note After Jobs Report'
01.04.2024
Bloomberg Radio
'Bloomberg Businessweek: China Tensions and Apple'
Chief Investment Officer Dave Donabedian, CFA, recently appeared on Bloomberg Radio. Listen
01.01.2024
Business Insider
'From China to OPEC+, here are the biggest wildcards that could jolt oil markets in 2024'
"I don't want to say they're out of ammo, but they're kind of out of ammo," Rebecca Babin, a senior equity trader for CIBC Private Wealth, told Business Insider." Read
12.18.2023
CNBC
'Suez Canal oil demand destruction “much less at risk” than thought: Senior equity trader'
12.15.2023
Barron's
'The Bulls Are Back. They May Not Like the Reasons Why the Fed Is Easing.'
“Markets interpreted the [Federal Open Market Committee] meeting as a green light to price in the perfect investment backdrop for 2024: falling inflation and moderate economic growth,” says David Donabedian, chief investment officer at CIBC Private Wealth US. “This is a powerful rally, and not one to get in the way of in a seasonally positive time for equities.”
...
“The Fed doesn’t cut interest rates to be magnanimous; they cut interest rates because they see weakness in the economy or rising financial risks,” Donabedian says. He expects that to play out next year as the proverbial “long and variable lags” of monetary tightening are felt in the economy.
That could lead to a credit-tightening recession, something that seems likely, given that traders are pricing in as many as six rate cuts in the next year, a sign that any economic landing will be “more hard than soft,” Donabedian says. A slowdown could last for a few quarters but create a setup for a more durable bull market in the back half of 2024." Watch
12.14.2023
Bloomberg
'Oil Rebounds From July Lows as Fed Signals Stoke Risk-On Mood'
12.13.2023
yahoo! Finance
'Oil Rises as Large US Stockpile Drawdown Gives Bears Pause'
“All and all, this is pretty bullish,” Rebecca Babin, a senior energy trader at CIBC Private Wealth, said of the inventory drawdowns. “Is it enough to spark a ‘true believers’ rally? No. But maybe gives shorts some pause on pressing further.” Read
11.30.2023
Bloomberg
'Oil Extends Declines With Traders Disappointed by OPEC+ Cut'
11.27.2023
BNN Bloomberg
'Saudi Arabia using ‘lollipop cut’ as a whip to bring other member states in line: analyst'
Rebecca Babin, managing director and senior equity trader at CIBC Private Wealth, joins BNN Bloomberg as investors await the next update from OPEC+ to weigh in to talk about some of the top risks for oil with Saudi Arabia signaling support for further supply cuts. Watch
11.27.2023
Bloomberg
'Oil Declines as Traders Wrestle With Chance of OPEC+ Output Cuts'
11.17.2023
Bloomberg
'Oil Heads for Fourth Weekly Drop as High Supply Pressures OPEC'
11.17.2023
Bloomberg
'S&P 500 Treads Water After Its $2.7 Trillion Rally: Markets Wrap'
11.16.2023
Financial Times
'Stock investors face up to tough reality of higher rates'
11.09.2023
Squawk Box
'We’re not seeing the oil inventory draws that we’ve seen despite robust supply: CIBC’s Rebecca Babin'
Rebecca Babin, CIBC Private Wealth senior energy trader, joins ‘Squawk Box’ to discuss the state of the oil market after prices slid to their lowest levels in months, the impact of waning demand in the U.S. and China, and more. Watch
11.08.2023
Markets Insider
'US stocks are on their longest winning streak in 2 years – but the Fed and an earnings slowdown still linger as threats, analysts warn'
"While last week was a good one for the equity market, it will not always be that easy," CIBC Private Wealth US CIO David Donabedian said in e-mailed comments Tuesday. "We expect the rest of the year to be volatile, going through manic depressive swings based on where interest rates are headed." Read
11.06.2023
Bloomberg
'Wall Street Faces ‘Reality Check’ After Big Rally: Markets Wrap'
11.03.2023
Bloomberg
'Oil Heads for Weekly Drop on New Demand Woes, War’s Containment'
10.31.2023
The Bond Buyer
'USTs, Consumer Habits, Muddy FOMC Picture'
10.27.2023
Bloomberg TV Canada
'This is a headline driven market: Equity trader on how investors are playing crude'
"Rebecca Babin, managing director and senior equity trader at CIBC Private Wealth, joins BNN Bloomberg to talk about the bull-bear debate for oil and where geopolitical tensions fit in." Watch
10.27.2023
Barron's
'The Nasdaq Slumps Again as Tech Earnings Disappoint'
10.25.2023
Bloomberg
'Oil Swings as Israel Delays Attack for US to Assemble Defenses'
10.21.2023
CNBC
'Dow closes nearly 300 points lower after 10-year Treasury yield tops 5% for the first time since 2007: Live updates'
“The stock market is watching the bond market and doesn’t like what it sees,” said David Donabedian, chief investment officer of CIBC Private Wealth Management. “Yields are rising, even with the relatively good news about inflation. This is the primary reason the stock market has been weak.” Read
10.20.2023
Bloomberg
'Energy Stocks Keep Rising After Middle East Tensions Widen
boosting prices.'
10.20.2023
Investorplace News
'Why are stocks down today?'
"David Donabedian, Chief Investment Officer of CIBC Private Wealth Management, said the following about the market in a statement to CNBC:
“The stock market is watching the bond market and doesn’t like what it sees […] Yields are rising, even with the relatively good news about inflation. This is the primary reason the stock market has been weak.” Read
10.17.2023
Bloomberg
'Oil Steadies as Biden Commits to Israel Trip to Contain Crisis'
10.17.2023
yahoo! finance
'Iran's involvement in Mideast conflict 'key focus' for oil markets'
"CIBC Private Wealth U.S. Senior Energy Trader Rebecca Babin joins Yahoo Finance Live to discuss the geopolitical pressures bearing down on oil prices and the greater outlook for global oil production." Watch
10.16.2023
Bloomberg TV Canada
'Four ways the Israel-Gaza war could spike the price of oil'
"Rebecca Babin, senior energy trader at CIBC Private Wealth U.S., joins BNN Bloomberg for her four scenarios on how the Israel-Gaza war could escalate and how these events could spike the price of oil; one scenario including a price-spike to US$115/bbl." Watch
10.13.2023
Barron's
'Oil Prices Could Spike Above $100 if the Israel-Hamas War Widens
barrels of oil exports per day.'
10.10.2023
Business Insider
'The crisis in the Middle East could fuel a flare-up in inflation and hasten an economic slump for the US
10.09.2023
Bloomberg
'Bloomberg Markets 10/09/2023'
Deadly attacks by Palestinian militant group Hamas on Israel have turned attention toward Iran, with the potential to draw Tehran’s other proxies across the Middle East into an escalating conflict. Bloomberg's Matt Miller discusses the fallout from the attacks. Guests include: Eurasia Group's Ian Bremmer, Atlantic Council's Kirsten Fontenrose, CIBC's Rebecca Babin & UCL Centre on US Politics Julie Norman. Watch
10.09.2023
CNN Business
'Dow climbs nearly 200 points as investors brush off worries about rising oil prices'
“Right now there are a lot of ‘maybes’ and ‘ifs’ — and a real lack of clarity,” said David Donabedian, chief investment officer at CIBC Private Wealth US, adding that “markets will continue to look at everything it usually looks at,” including climbing bond yields and the Federal Reserve’s future monetary policy decisions. Read
10.09.2023
Reuters
'Oil prices surge on fears of Mideast conflict adding to supply tightness'
"The most serious outcome for crude is that the conflict escalates into a more devastating proxy war which could affect crude supply," said Rebecca Babin, senior energy trader at CIBC Private Wealth US. Read
10.09.2023
Bloomberg
'Oil Surges as Israel Conflict Reignites Middle East Volatility'
10.02.2023
Bloomberg
'Oil Drops Below $90 as Sentiment Sours Ahead of Powell Speech'
09.29.2023
The Wall Street Journal
'Wall Street Expects Hot Oil Prices to Cool Down'
09.28.2023
yahoo! finance
'Gas prices remaining 'higher for longer' and so could energy stocks'
CIBC Private Wealth Senior Equity Trader Rebecca Babin joins Yahoo Finance to discuss what this means for consumers and how energy stocks, like Exxon Mobil have remained robust. Watch
09.19.2023
The Bond Buyer
'Summary of Economic Projections Will be Closely Monitored'
09.09.2023
Bloomberg
Hedge Funds Hurt by Oil’s Dip in First Half Pile Back Into Crude
09.06.2023
CNBC
'Short-sellers have been flushed out of the oil market, says CIBC’s Rebecca Babin'
Rebecca Babin, Senior Energy Trader at CIBC Wealth, discusses Saudi Arabia and Russia’s decision to extend oil production cuts to the end of the year. Watch
09.01.2023
Bloomberg
Oil Surges Through $85 Barrier as OPEC+ Supply Cuts Grip Market
09.01.2023
Bloomberg
‘Near perfect’ jobs report has traders betting Fed is done hiking rates'
09.01.2023
Bloomberg
'Stocks Climb as Jobs Report Fuels Fed-Peak Wagers: Markets Wrap'
08.30.2023
Bloomberg
'Oil Swings in Thin Trading, Shrugging Off Stockpile Drawdown'
08.27.2023
The Wall Street Journal
'Futures markets show a growing expectation that interest rates could stay higher for longer, exerting pressure on stocks'
08.25.2023
Markets Insider
'US stocks close higher as traders brush off Powell's warnings of more potential rate hikes'
08.25.2023
CNN Business
'How Wall Street reacted to Powell's speech'
08.25.2023
Bloomberg
'Bond Yields Rise, Stocks Drop on Powell’s Remarks: Markets Wrap'
08.21.2023
Bloomberg
'Oil Falls in Thin Summer Trading on Signs of Rebounding Supply'
08.18.2023
Bloomberg
'S&P 500 Heading for Worst Week Since SVB Bank Fall: Markets Wrap'
08.18.2023
MarketWatch
'U.S. stocks mostly lower, S&P 500 stumbling to third straight weekly loss on rising yields, China worries'
08.14.2023
Axios
'Why "we're not out of the woods" as banks pull back on lending.'
"The word recession has kind of been canceled, but we said a year ago that forces are in place to create a recession. That's still in the cards," Dave Donabedian, chief investment officer of CIBC Private Wealth Management, tells Axios in an interview. Better-than-expected earnings, private payrolls and retail sales are inherently backward looking, and "have no predictive value of the future. Recent leading indicators point to a significant weakening in the economy," he adds. "Moody's downgrade was a symptom of the problem…for interest rate reasons but also more secular reasons, we're going to go through a rough patch." Read
08.07.2023
Bloomberg Markets: The Close
Chief Investment Officer Dave Donabedian, CFA, recently appeared on Bloomberg TV. You can watch his segment, which starts at the 51:00 mark. Watch
08.07.2023
Bloomberg Businessweek Podcast
'Cathie Wood Optimistic on SEC Spot-Bitcoin ETF Approval'
Chief Investment Officer Dave Donabedian, CFA, recently appeared on Bloomberg Radio. You can listen his segment at the 29:32 mark. Listen
08.07.2023
Bloomberg
'Oil Falls as Black Sea Risk Dismissed Until Supply Halts Arrive'
08.04.2023
CNN
'Not everyone is convinced the US will avoid a recession'
"Before the Bell spoke with David Donabedian, chief investment officer at CIBC Private Wealth US, about why he believes the economy, and markets, aren’t out of the woods." Read
08.04.2023
CNN
'Oil prices are up 20% and energy stocks are rebounding'
“You kind of needed all of those things to happen at once,” said Rebecca Babin, a senior energy trader at CIBC Private Wealth. Read
08.02.2023
Bloomberg
'Record Crude Inventory Drop Fails to Shake Oil’s Macro Gloom'
08.01.2023
Bloomberg
'Oil Volatility Plunges as OPEC Injects Calm Into Choppy Market'
07.25.2023
CNBC Squawk Box
'Crude oil rally can continue if the supply side holds true, says CIBC’s Rebecca Babin'
Rebecca Babin, CIBC Private Wealth senior energy trader, joins ‘Squawk Box’ to discuss the crude oil market Watch
07.24.2023
Bloomberg
'Oil Hits Three-Month High Amid Tighter Supplies, Refinery Outage'
07.24.2023
The Bond Buyer
'FOMC preview: One and done?'
07.24.2023
The Wall Street Journal
'Global Hunt for Crude Sends Offshore Oil Stocks Soaring'
07.20.2023
Bloomberg
'Oil Edges Up in Choppy Trade as Liquidity Drops to Six-Month Low'
07.14.2023
MarketWatch
'Why markets are misjudging the Fed’s ability to raise rates even though inflation is slowing'
07.13.2023
Financial Post
'Oil drops as technical resistance, profit-taking stall rally'
“Technicals are driving trading action today as crude is bumping up against significant resistance,” said Rebecca Babin, a senior energy trader at CIBC Private Wealth." Read
07.13.2023
Bloomberg
'Oil Settles at 11-Week High as Supply Outages Tighten Market'
07.12.2023
BNN Bloomberg
'Brent closes above $80 for the first time since April on cooling CPI'
“Softer CPI and weaker dollar helped crude break above some important technical levels,” said Rebecca Babin, a senior energy trader at CIBC Private Wealth." Read
07.07.2023
Bloomberg
'JPMorgan Doubts That the Approval of a US Bitcoin ETF Would Be a Game-Changer'
07.06.2023
Bloomberg
'Oil Finishes Flat After Choppy Trade Buffeted by Mixed Signals'
07.06.2023
Bloomberg
'Stocks Trim Losses as Traders Turn to Payroll Data: Markets Wrap'
06.22.2023
Bloomberg
'Oil Sinks as Hawkish Fed Spooks Investors, Overshadows EIA Data'
06.14.2023
Bloomberg
'Oil Falls as Surging Stockpiles, Fed Signals Damage Sentiment'
06.08.2023
Barron's
'Don’t Fear the Bull Market. Why Stocks Are Headed Higher'
06.12.2023
Bloomberg
'Oil Tumbles to Three-Month Low After Goldman Cuts Forecast Again'
06.08.2023
Yahoo! Finance Live
'Oil prices steady as economic fears offset Saudi output cut'
Senior Energy Trader Rebecca Babin recently appeared on Yahoo! Finance Live. You can watch her segment here.
06.02.2023
MarketWatch
'Oil prices settle higher ahead of OPEC+ meeting, but post a loss for the week'
“There has been no shortage of drama in the lead up to this weekend’s OPEC+ meeting, leaving the market rife with volatility as traders try to read the tea leaves as to what is going on behind closed doors,” said Rebecca Babin, senior energy trader at CIBC Private Wealth U.S., in emailed commentary." Read
05.31.2023
Bloomberg
'Commodity Crash Signals Disinflation Is Taking Hold for Now'
05.31.2023
Private Wealth magazine
'Keeping The Peace–Planning For Cherished Or Valuable Personal Possessions'
"No matter what your net worth, you likely have tangible personal property that is important to you." Read
05.25.2023
Bloomberg
'Oil Snaps Three-Day Rally After Russia Says OPEC+ Will Stay Put'
05.10.2023
Bloomberg
'U.S. Stocks Enthusiasm Wanes After CPI; Bonds Rally: Markets Wrap'
05.04.2023
Bloomberg
'Oil Steadies After Three-Day Crash on ‘Vortex’ of Negative News'
04.26.23
Bloomberg
'Brent on a Macro-Driven Rollercoaster Since Erasing OPEC+ Gains'
04.26.23
Reuters
'U.S. crude to dominate Brent oil benchmark under index change'
04.25.23
Bloomberg
'Oil Falls as Dimming US Outlook Quashes Sentiment Across Markets'
04.20.23
Bloomberg
'Jefferies Climbs Muni Underwriter Rankings on Texas Bond Boom'
04.20.23
Barron's
'The Dow Slips as Earnings Ramp Up'
04.19.23
Yahoo! News
'US stocks end mixed after new batch of earnings reports'
"First-quarter earnings from large-cap financial firms have come in reasonably strong but investors "should not get a false sense of security" from the early reports, Bryan Reilly, portfolio manager at CIBC Private Wealth U.S., said in a note Wednesday." Watch
04.19.23
CNN
'The world’s biggest banks are still pouring money into fossil fuels'
"Those investors should put away their party hats, said Bryan Reilly, a portfolio manager at CIBC Private Wealth US, in a note on Wednesday. " Read
04.19.23
Bloomberg
'Oil unable to hold on to $80 as risk-off mood grips markets'
04.17.23
Bloomberg
'Ten-Year Munis Most Expensive to Treasuries Since June 2021'
04.10.23
Barron's
'Tired of Waiting for the Fed to Pivot? Try This Instead.'
03.29.23
Bloomberg
'Oil Rally Stalls as Weak Fuel Demand Halts Momentum Buying'
03.28.23
Markets Insider
'How Herd Mentality Sparked Chaos In Oil Markets'
"Rebecca Babin, a senior energy trader at CIBC Private Wealth, explained it to Bloomberg like this: Traders “can still have a bullish thesis but realize surviving the next month is mission critical. Many investors are in survival mode here.” Read
03.27.23
Bloomberg
'Crypto Industry Defies Strife as ETP Debuts Pick Up, Flows Rise'
03.26.23
Bloomberg
'Oil Traders’ Bearish Turn Signals Prices May Stay Low'
03.22.23
Bloomberg
'Oil Rises as Export Data Shows Solid Demand, Fed Stays on Script'
03.22.23
The Wall Street Journal
'Stock Futures Edge Higher Ahead of Fed Decision'
03.20.23
Bloomberg
'Oil Near 15-Month Lows, Key Gauge Sinks as Banking Jolt Spreads'
03.20.23
The Bond Buyer
'Federal Reserve's next move is unclear after bank failures'
03.20.23
Forbes
'Fed’s Looming Rate Decision Could Confirm Crisis At Hand—Or Raise Odds Of ‘Imminent Recession’
“In light of the banking crisis, a recession is even more likely—and might be pulled forward,” says CIBC Private Wealth investment chief David Donabedian, who notes the Fed still wants to raise rates “a bit more” to help cool inflation but now faces “a close call” between taming prices and risking a worsening crisis." Read
03.19.23
Markets Insider
The most accurate sign of a coming recession is not what you think it is - and it's on the verge of flashing
"That lines up with the thinking of CIBC Private Wealth's chief investment officer David Donabedian, who told Insider that "in light of the banking crisis, our view is that a recession is even more likely, and might be pulled forward. A decline in risk taking and credit extension as a result of the banking crisis is ahead." Read
03.19.23
The Washington Post
'How the Fed’s inflation fight fueled banking turmoil, in 7 charts'
03.17.23
Bloomberg
'Lockdown Logic Rears Its Head in Stock Rally Running on Nerves'
03.16.23
Reuters
'Banking rout fuels U.S. oil hedging, as investors seek to limit losses'
"Given the price action we are looking at, I would say you could see further increases in volatility just because the sentiment is so sour," said Rebecca Babin, senior energy trader at CIBC Private Wealth US." Read
03.16.23
Bloomberg
'Bloomberg Markets: The Close'
"Romaine Bostick & Katie Greifeld bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackles the bank rebound amid rescue plans. Guests today: Dan Kemp of Morningstar Wealth, Nobel Prize winner Robert Engle, Gil Luria of D.A. Davidson, Afsaneh Beschloss of RockCreek, Dave Donabedian of CIBC Private Wealth, Steve Pagliuca of Bain Capital Private Equity, David Bailin of Citi Global Wealth, Peter McNally of Third Bridge, Fmr. FDIC Chair Sheila Bair, Greg Milano of Fortuna Advisors." Watch
03.14.23
Bloomberg
'Oil Sinks to Three-Month Low in End-of-Day Stampede to Exits'
03.13.23
Mergers & Acquisitions
'Oil Tumbles as SVB Failure Sends Investors Fleeing From Risk'
“Uncertainty across risk assets has increased meaningfully and crude remains highly sensitive to changes in risk appetite,” said Rebecca Babin, a senior energy trader at CIBC Private Wealth. “The China recovery remains the upcoming catalyst but can’t buffer crude from short-term macro headwinds.” Read
03.09.23
Bloomberg
'Tax Season Muni Selloff Seen Shrinking After 2022 Market Rout'
02.24.23
Bloomberg
'Stock Bull Case Thwarted by ‘Bumpy Landing’ Views: Markets Wrap'
02.24.23
The Wall Street Journal
'Stocks End Lower After Hot Inflation Data'
02.24.23
The Wall Street Journal
'Stock Futures Weaken Ahead of Inflation Gauge'
02.23.23
CNBC Squawk Box
'Crude prices rising above $100 in six months seems ‘overzealous’, says Rebecca Babin'
"Rebecca Babin, CIBC Private Wealth senior energy trader and managing director, joins ‘Squawk Box’ to discuss Babin’s six-month outlook for energy, why the oil market isn’t already near $100 a barrel and Babin’s outlook for refined products." Watch
02.23.23
Markets Insider
'Oil prices will jump 25% in the next 6 months but it's a 'believe it when I see it market,' analyst says'
US crude oil prices could climb as much as 25% in the next six months, according to CIBC Private Wealth senior equity trader Rebecca Babin.
She told CNBC on Thursday that West Texas Intermediate could hit $90 to $95 a barrel, while international benchmark Brent could reach $95 to $100, though surpassing $100 would be "overzealous." Read
02.21.23
Bloomberg
'Oil Market Is Trapped in a Listless ‘Ping Pong’ Game for Prices'
02.17.23
The New York Times
'Why a Strong Economy Is Making Stock Investors Jittery'
02.17.23
Bloomberg
'Oil Swings as Markets Parse China Demand, Oversupplied Market'
02.15.23
Axios
'The consumer isn't tapped out (yet)'
"And Dave Donabedian, CIO of CIBC Private Wealth Management, tells Axios that "versus a year ago, retail sales are essentially flat after adjustment for inflation. The consumer is doing fine for now, but I wouldn’t say spending is 'taking off.'" Read
02.13.23
Bloomberg Radio
'UK’s Child-Care Costs Under Examination'
Chief Investment Officer Dave Donabedian, CFA, recently appeared on Bloomberg Radio. Listen to his segment here
02.13.23
yahoo! News
'China demand the ‘one thing to watch in crude oil,’ strategist says'
CIBC Private Wealth Senior Energy Trader Rebecca Babin joins Yahoo Finance Live to discuss news that Russia will cut 500,000 barrels of oil production a day, market sentiment, and the outlook for oil prices. Watch
02.11.23
Fortune
Exxon Mobil is plowing into energy trading and has everything it needs—except the right culture
It’s a “big shift in strategy for Exxon,” said Rebecca Babin, a senior energy trader at CIBC Private Wealth Management. “It should be a very natural extension of their ongoing business, but the competition is fierce.” Read
02.11.23
Bloomberg
'Exxon’s Trading Ambitions Mean Culture Shift to More Risk-Taking'
02.10.23
MarketWatch
'Oil prices settle higher after Russia announces production cut of 500,000 barrels per day in March'
02.10.23
MarketWatch
'Oil futures gain nearly 9% for the week'
02.10.23
Reuters
'Oil prices rise over 2% on Russian plan to cut output'
“Most analysts have already penciled in Russian production falling by 700,000-900,000 in 2023," said Rebecca Babin, senior energy trader at CIBC Private Wealth U.S. "The key for crude to break out of its current trading range is Chinese demand recovery." Read
02.10.23
Bloomberg
'Oil halts three-day advance as caution counters the China bulls'
02.06.23
Barron's
'Stocks Have Gotten Ahead of Themselves. The S&P 500 Could Struggle.'
02.02.23
Bloomberg
'Oil Struggles as Traders Swap Commodities for Growth Stocks'
02.01.23
CNN Business
'Will the Fed end the 2023 market rally?'
"At the conclusion of this week's FOMC meeting, we expect the Fed will leave the market hanging on the question of the future of rate hikes and how many we will see," Donabedian wrote in a note. "We expect the Fed to indicate they have more work to do. They will continue their stubbornness in fighting inflation, hesitant to declare victory just yet. This will leave the market hanging on the future of how many rate hikes we will see." Read
01.19.23
The Wall Street Journal
'Stock Futures Point to Further Losses on Recession Worries
01.18.23
Bloomberg
'Oil Extends Decline on US Recession Concern, Inventory Build'
01.13.23
Bloomberg
'Crushed Crypto Funds Are Suddenly Beating Every Other ETF'
01.13.23
The New York Times
'Investors Are Walking a Tightrope as Stocks Head for a Second Weekly Gain'
01.13.23
Bloomberg
'Stock Losses Fade as Economic Data Temper Earnings: Markets Wrap'
01.06.23
Barron's
'If You Want Growth, Stick With Quality Stocks. How to Find Them.'
01.05.23
MarketWatch
'2-year Treasury yield jumps to five-week high as traders absorb hawkish Fed rhetoric'
12.19.22
Bloomberg
'Oil swayed by broader markets as traders assess China's pledge'
12.16.22
Yahoo! Finance
'China's reopening 'a sentiment positive' for oil, strategist says'
Senior Energy Trader Rebecca Babin recently appeared on Yahoo! Finance Live. You can watch her segment here
12.16.22
The Washington Post
'Stocks fall as recession overtakes inflation as market’s No. 1 worry'
12.16.22
Barron's
'The Fed Is Making a Mistake—and the Stock Market Will Pay the Price'
12.16.22
Yahoo! Finance
'Stock market timers pony up $25 billion and get another thrashing
“The market had a really strong October and November, so you’ve got a little bit of trend-following by investors, and many perhaps thinking that this is the beginning of a new bull market,” David Donabedian, chief investment officer of CIBC Private Wealth US, said in an interview. “I think there is some more downside here.” Read
12.08.22
Forbes
'Unemployment Claims Highest Since February As Reports Of Major Layoffs Grow'
The latest data “does not scream recession,” David Donabedian, chief investment officer of CIBC Private Wealth US, said in emailed comments—but he also warned “the job market will falter” as the economy heads into a recession next year. Read
12.08.22
Barron's
'Oil Prices Were Set to Soar. Now They’re Falling Fast.'
12.08.22
Bloomberg
'Oil Tumbles to Erase 2022 Gains on Easing Demand for Fuels'
12.06.22
MorningStar
'EMEA Morning Briefing: Mixed Start Seen for Europe as Fed Path Worries Persist'
"The economy continues to show a degree of strength that I think was not expected," said David Donabedian, chief investment officer at CIBC Private Wealth U.S.
"The consumer is hanging in there quite well, jobs continue to be added, wage growth is significant and consumers are still spending." Read
12.06.22
Wall Street Journal
'Stock Futures Waver After Strong Data Raises Rate Fears'
12.05.22
Bloomberg
'Oil Falls Below $80 Again as Rate-Hike Angst Batters Markets'
12.03.22
Barron's
'The Murky Pricing Math Behind Europe’s New Oil Sanctions'
12.03.22
Forbes
'Not Just The Housing Market: Recession Threatens 'Unprecedented' Manufacturing Slowdown Dragging Into Next Year'
“Today’s job market report does not scream recession,” David Donabedian, chief investment officer of CIBC Private Wealth US, said in emailed comments Friday—before warning "the job market will falter" as the economy heads into a recession next year. Read
12.02.22
Bloomberg TV
'EU's $60 Price Cap on Russian Oil Won't Matter: Babin'
Senior Energy Trader Rebecca Babin recently appeared on Bloomberg TV. Watch her segment here.
12.02.22
Fox Business
'US economy adds 263,000 jobs in November, better than expected as hiring remains solid'
"We don’t expect today’s jobs report to change the Fed’s near-term path," said David Donabedian, the chief investment officer of CIBC Private Wealth. "However, this inflation-unfriendly report likely changes how high the Fed will take rates, maybe raising rates higher than investors are prepared for and lifting expectations slightly for the peak Fed Funds rate in 2023." Read
12.01.22
Bloomberg
'Oil Rallies as Markets Expect Demand Recovery in China'
11.29.22
Barron's
'Europe’s Russian Oil Cap and Ban May Have Unexpected Effect'
11.18.22
Bloomberg
'Oil Sinks as Ominous Demand Signals Gather on Multiple Fronts'
11.03.22
Insider
'US stocks continue to fall as investors digest hawkish Fed outlook while jobs report looms'
"Indicating that the Fed expects to extend its horizon for continuing to raise interest rates, Powell warns that the long slog will continue," said David Donabedian, chief investment officer at CIBC Private Wealth. "Powell threw a wet blanket on investors hoping that the Fed would transition to the final phase of the tightening process. " Read
11.03.22
Morningstar
'Threat of higher 'peak' rate above 5% from Fed in 2023 reverberates across markets'
"There's definitely a lot of focus on supply/demand fundamentals and inventories which we saw on the (EIA) release today, and about when the Russia sanctions kick in," said Rebecca Babin, senior energy trader at CIBC Private Wealth US. Read
11.02.22
Reuters
'Oil prices gain by tight supply; other risk assts swoon on Fed rate hike'
"Powell's message of a higher terminal rate caught the markets off-guard," said Gary Pzegeo, head of fixed income at CIBC Private Wealth U.S., which oversees $92 billion in assets. Read
11.02.22
Barron's
'Stocks Take a U-turn After Fed Decision'
10.25.22
Seeking Alpha
'Global Markets Stage Broad Rebound In Last Week's Trading'
10.24.22
Yahoo! Finance Live
'Oil market facing increased volatility from ‘dueling factions’: Strategist'
Senior Energy Trader Rebecca Babin recently appeared on Yahoo! Finance Live. You can watch her segment here.
10.24.22
Investing.com
'Global Markets Stage Broad Rebound In Last Week’s Trading
10.21.22
Yahoo! News
'Shale firms discount 'U.S. put' as inadequate to lift oil output'
10.21.22
Bloomberg
'Stocks Jump With Treasury Reversal in Wild Session: Markets Wrap
10.19.22
Bloomberg
'Oil Rises as Biden’s Energy Remarks Fail to Pacify Markets'
10.12.22
The Wall Street Journal
'Nasdaq Falls Into Bear Market After Volatile Day: Stocks fell after Bank of England governor warned that bond-buying program will end this week as scheduled'
10.11.22
The Wall Street Journal
'Futures Put Stocks on Track to Extend Selloff: U.K. government-bond yields edged lower after the Bank of England expanded its bond-buying program'
10.10.22
Bloomberg
'Oil Rally Wavers as Recession Fears Curb OPEC+ Momentum'
10.10.22
CNBC
'Oil markets are facing a demand concern, says CIBC’s Rebecca Babin'
Senior Energy Trader Rebecca Babin recently appeared on CNBC’s Squawk Box. You can watch her segment here.
10.08.22
Forbes
'Recession Watch: Bear Market Deepens As Fed Official Warns Rate Hikes Will Trigger 'Failures' Around Global Economy'
10.07.22
The Washington Post
'Stocks sputter to first weekly gain in a month'
10.07.22
ThinkAdvisor
'Stocks Crushed as Jobs Keep Fed on Hiking Path'
10.07.22
CNBC
'September job gains affirm that the Fed has a long way to go in inflation fight'
10.07.22
Bloomberg
'Searing Cross-Asset Vortex Exacts a Heavy Toll on Tempted Bulls'
10.07.22
Fox Business
'US job growth slows again in September with just 263,000 positions added'
10.07.22
Yahoo! Finance
'Stocks Crushed as Jobs Keep Fed on Hiking Path: Markets Wrap'
10.06.22
Reuters
'TREASURIES - U.S. yields climbs after claims data, payrolls eyed
10.05.22
Bloomberg
'Oil Extends Rally as OPEC Cuts Output, Russia Mulls Reduction'
09.27.22
CNBC
'Crude oil bulls have 'lost their will to fight,' says CIBC senior energy trader'
Senior Energy Trader Rebecca Babin recently appeared on CNBC’s Squawk Box. You can watch her segment here.
09.21.22
Bloomberg
'Oil Slips as Bearish Signals Compound Despite Putin’s Escalation'
09.21.22
The Bond Buyer
'Fed seen as likely to go 75bp, signal higher terminal rate'
09.12.22
Bloomberg
'Oil Rises With Dollar’s Descent Countering Demand Worries
09.11.22
CNN Business
'The worst of inflation finally might be over'
09.09.22
Barron's
'The Dow Is Rising, Coinbase Is Jumping—and What Else Is Happening in the Stock Market Today'
09.09.22
Bloomberg
'Risk Rally Deepens as S&P 500 Tops 100-Day Average: Markets Wrap
09.09.22
CNBC
'Stocks jump for a third day as Wall Street snaps Fed-induced slide, Dow up 400 points
09.09.22
Reuters
'The Message from OPEC: Cartel fires a warning shot, market shrugs'
09.07.22
Bloomberg
'Oil Market Darkens as Technical Breaches Spur a Selling Frenzy'
09.01.22
The Wall Street Journal
'Stock Futures Decline Ahead of Jobs, Manufacturing Data - Oil prices extended a run of losses prompted by demand fears
08.24.22
Bloomberg
'Oil Swings on Speculation Iranian Nuclear Deal May Be Imminent'
08.09.22
New York Times
'The Fed Is Cooling Down the Economy, but Stocks Are Hot. What Gives?
08.03.22
Bloomberg
'Oil Plunges to Lowest Since February as US Gasoline Demand Drops'
07.29.22
New York Times
'The S&P 500 is about to have its best month since November 2020'
07.29.22
Bloomberg
'Stocks Off Highs as Inflation Woes Temper Earnings: Markets Wrap'
07.28.22
Morningstar
'North American Morning Briefing: Stock Futures Dip on Meta Outlook; More Tech Results Due
07.27.22
Yahoo! Finance
'Oil Rises as US Stockpiles Drop and Exports Climb to a Record
07.25.22
Barron's
'Is the stock market going up? It depends on the definition of recession.'
07.22.22
Bloomberg TV
'Bloomberg Markets: The Close (07/21/2022)'
Chief Investment Officer Dave Donabedian, CFA, recently appeared on Bloomberg TV. You can watch his segment at the 0:58:00 mark here.
07.20.22
Forbes
''Make No Mistake': Bear Market Isn’t Over And These Stocks Could Lead The Next Plunge, Morgan Stanley Warns
07.20.22
Bloomberg
'Oil Declines as Traders Brace for US Crude, Gasoline Builds'
06.19.22
Barron's
'The Stock Market’s Selloff Will Eventually End. Bet On It.'
06.17.22
The Wall Street Journal
'Stocks Historically Don't Bottom out until the Fed Eases
06.13.22
The Wall Street Journal
'Earnings Are Under Threat, Another Blow to Sagging Stock Market'
06.13.22
Barron's
'Energy Stocks Are Set to Get Hotter. 6 That Can Get You a Piece of the Gusher.'
06.13.22
MarketNews
'Muni Yields Rise, Short USTs Skyrocket after Hot CPI Report
06.09.22
Bloomberg
'Oil Tops $120 as US Inventory Data Highlights Fuel Supply Crunch'
06.07.22
Bloomberg
'Oil Reverses Earlier Losses to Rise as Dollar Pares Gain
05.25.22
Bloomberg
'Oil Fluctuates as US Fuel Stockpiles Fall Less Than Expected'
05.20.22
Business Insider
'US stocks close mixed after the S&P 500 slides into a bear market amid recession fears'
05.18.22
Bloomberg
'Oil falls as US to Allow Talks with Venezuela's State Producer'
05.16.22
Morningstar
'North American Morning Briefing: Stock Futures Dip as Weak Chinese Data Drags
05.16.22
Bloomberg
'Stocks Decline on Growth Concerns; Treasuries Gain: Markets Wrap'
05.16.22
Bloomberg
'Bitcoin's Plunge Exposes Idea of Uncorrelated Asset as 'Big Lie''
05.11.22
Bloomberg
05.06.22
Reuters
'Wall St falls as rate hike fears overshadow strong jobs data'
04.26.22
Markets Insider
'China's CSI 300 stock index falls to 2-year low as widespread COVID-10 lockdowns dent economic outlook'
04.26.22
The Washington Post
'Dow sinks 200 points, oil prices slide amid fears of economic slowdown'
04.25.22
MarketWatch
'China’s latest COVID outbreak spooks investors, and U.S. cases and hospitalizations are rising again'
04.25.22
Barron's
'The Dow Rebounded, Twitter Jumped—and What Else Happened in the Stock Market Today'
04.20.22
Barron's
'The Nasdaq Closed in the Red, the Dow Rose—and What Else Happened in the Stock Market Today'
04.20.22
Bloomberg
'Oil Settles Little Changed as Low Supplies Offset Cloudy Outlook'
04.14.22
Bloomberg
'Stocks Drop, 30-Year Yield Hits Highest Since 2019: Markets Wrap'
04.14.22
Morningstar
'EUROPEAN MIDDAY BRIEFING - Stocks Steady as ECB Eyed for Clues on Unwinding Timeline'
"Investors are trying to figure out if the Fed is on the right course. Can they stick the landing in terms of bringing inflation down without bringing the economy down?" said David Donabedian, chief investment officer at CIBC Private Wealth. Read.
04.13.22
The Washington Post
'Biden to announce plan to ease gas prices as inflationary pressures persist'
04.12.22
Barron's
'Biden Set to Allow Higher-Ethanol Gas to Be Sold Over the Summer'
04.12.22
Bloomberg
'Why Biden's Plan for Cheaper Gasoline Can Also Mean More Smog'
04.10.22
Fox Business
'Gold prices higher in early Asian trading Monday'
"The CPI report will be the economic event of the week," David Donabedian, chief investment officer of CIBC Private Wealth U.S. "We expect inflation to surge above 8%. We know the commodity component will spike and will be paying particular attention to the core inflation rate, particularly services and shelter." Read.
04.10.22
Barron's
'Profit Margins Will Be Down in Earnings Season. When Buying Beaten-Up Stocks Makes Sense.'
04.09.22
Fortune
'Wall Street is predicting a 2023 recession. Here are the red flags you should know about'
Gary Pzegeo, the head of fixed income at CIBC’s U.S. Private Wealth division, told Fortune that he believes the majority of current recession predictions come from "market signals" like the recent, albeit brief, inversion of the yield curve. Read.
03.22.22
Bloomberg
'Crude Swings in $5 Range as EU Considers Sanctioning Russian Oil'
03.15.22
Fortune
'Gas prices are already expected to top $5 a gallon, but experts lay out a scenario that could be much worse'
"We’re not really building the gasoline stockpiles that we would typically see in the shoulder season to prepare us to have a lot of supplies in place for summer. That means that when summer comes and people start driving more, we’re going to have a harder time meeting that demand and prices will go up," said CIBC Private Wealth U.S. senior energy trader Rebecca Babin. Read.
03.15.22
GOBankingRates
'Oil Prices Drop Below $100 — Will Gas Prices Decrease Too?'
"Today’s action reflects a shift in sentiment in Russia/Ukraine causing sentiment traders to sell," said CIBC Private Wealth U.S. senior energy trader Rebecca Babin. Read.
03.15.22
CNBC
'Oil drops again, now more than 27% below recent high'
"It’s really a market that traded entirely on fear," Rebecca Babin, senior energy trader at CIBC Private Wealth U.S., said of the initial spike higher amid supply fears. Read.
03.15.22
The Wall Street Journal
'Oil Slides Below $100, Stock Futures Edge Higher'
03.14.22
CNBC
'U.S. oil tumbles more than 8%, dips below $100 per barrel'
03.14.22
ETF Database
'Crude Oil Dumps on Demand and Ukraine Worries'
"Today’s action reflects a shift in sentiment in Russia/Ukraine causing sentiment traders to sell, fundamental concerns around demand coming from China’s Covid lockdowns causing fundamental traders to take profits, and technical pressure as crude breaks" key levels, explained Rebecca Babin, senior energy trader at CIBC Private Wealth U.S. Read.
03.14.22
Bloomberg
'Oil Falls to $100 With Ukraine-Russia Talks and China Lockdowns'
03.11.22
Barron's
'The Stock Market Tried to Look Past Russia’s War on Ukraine. It Still Got Crushed.'
03.11.22
Barron's
'The Stock Market Tried to Look Past Russia’s War on Ukraine. It Still Got Crushed.'
03.11.22
Barron's
'Stocks Are Full of Fear. How to Cope With an Emotional Market.'
03.11.22
Bloomberg
'Muni Market Goes Begging for Buyers in Worst Quarter Since 1994'
03.10.22
Bloomberg
'A Rising Profit Outlook for Tech Stocks Is No Match for Economic Angst'
03.10.22
Barchart
'Analysts Remain Optimistic On Technology Sector'
03.08.22
Bloomberg
'Oil Extends Gains With U.S. and U.K. Banning Russian Imports'
03.07.22
Bloomberg
'Traders Surrender to Recession Paranoia in Stock Market Rout'
03.06.22
CNBC
'U.S. crude oil spikes to 13-year high of $130 overnight, then gives up most of that gain'
03.04.22
Yahoo! Finance
'Russia-Ukraine crisis: What can prevent $150 oil prices'
"I think there is a thought that the only thing that stops the rally now is demand destruction. We don't see that happening until $125 or even higher. I think that's very much a conceptual, theoretical view," said CIBC Private Wealth U.S. senior energy trader Rebecca Babin on Yahoo Finance Live.
03.03.22
Bloomberg
'Oil Rally Eases on Prospects of Iran Deal After Nearing $120'
03.02.22
The Guardian
'US and 30 allied countries to release 60m barrels of oil amid price surge'
03.01.22
CNBC
'U.S. oil price surges 11% to $106 a barrel, a 7-year high prompted by Russia’s assault on Ukraine'
02.27.22
The Wall Street Journal
'Investors Bet Oil Still Has Room to Run After Touching $100'
02.24.22
MarketWatch
'Why Russia’s invasion of Ukraine may lift oil prices to a 14-year high'
02.24.22
Bloomberg
'Oil Soars Over $100 as Russia Attacks Targets Across Ukraine'
02.16.22
Bloomberg
'Oil Rises as Investors Weigh Ukraine Crisis, Rising Fuel Demand'
02.14.22
Yahoo! Finance
'Stock market news live updates: Stocks drop as Russia-Ukraine conflict concerns rise'
"The market has been concerned about this outcome for several weeks but most believed it would not occur or would at least be after the Olympics," noted CIBC Private Wealth’s Rebecca Babin. Read.
02.13.22
The Washington Post
'Stocks sink as high inflation, Ukraine worries jolt markets'
02.11.22
CNBC
'Oil jumps amid escalating tensions between Russia and Ukraine'
"The market has been concerned about this outcome for several weeks but most believed it would not occur or would at least be after the Olympics," noted CIBC Private Wealth’s Rebecca Babin. "The key consideration for crude will be what kind of sanctions the US and allies move forward" should Russia invade. Read.
02.11.22
Seeking Alpha
'Defense names pop on fears of imminent Russian invasion of Ukraine'
02.11.22
Daily Mail
'Oil spikes 5% to hit $94.66 per barrel - the highest level since September 2014 - amid rising tensions between Moscow and the Ukraine: US security advisor warns Russia could invade at any time'
02.11.22
Bloomberg
'Stock Market Quest to Stand Firm Against Everything Comes Apart'
02.11.22
Barron's
'The Stock Market Dropped Because There’s Something Scarier Than Rate Hikes'
02.11.22
Barron's
'Consumer Sentiment Falls to Worst Level in a Decade'
02.08.22
Barron's
'Tech Stocks Are Bouncing Back. Here’s Why.'
02.08.22
Bloomberg
'Oil Drops on Optimism Over Easing Tensions in Eastern Europe'
02.08.22
Barron's
'Stocks Defied Those Climbing Bond Yields. Big Tech Went on a Roll—and What Else Happened in the Market Today.'
02.02.22
MarketWatch
'A few more stock pullbacks, and then a big one, are coming, warns this manager. Here’s how investors should prepare.'
01.26.22
CNBC
'Global oil benchmark tops $90 for the first time since 2014'
01.26.22
Bloomberg
'Brent Rises to Highest Since 2014 Amid Geopolitical Tensions'
01.25.22
The Wall Street Journal
'Stock Futures Fall in Wake of Turbulence on Wall Street'
01.21.22
The Bond Buyer
'Rough first three weeks of 2022 land munis in the red'
01.21.22
Bloomberg
'Oil Caps Fifth Weekly Gain After Touching Its Highest Since 2014'
01.19.22
Bloomberg
'Oil Hits Fresh Seven-Year High on Outlook for Resurgent Demand'
01.12.22
The Wall Street Journal
'Dow Closes Lower as Bank Stocks Fall'
01.12.22
Bloomberg
'Oil Gains as U.S. Crude Stockpiles Drop to Lowest Since 2018'
01.10.22
Bloomberg
'Munis’ Worst Annual Start Since 2001 Imperils ‘January Effect'
01.06.22
Yahoo! Finance
'Oil Gains as North American Freeze, OPEC+ Constraints Hit Supply'
Oil "is fueled by demand holding up well in the face of omicron, supply disruptions, OPEC+ spare capacity concerns and, most importantly, sentiment. It feels like we are setting up for a blow off to the upside," said Rebecca Babin, senior energy trader at CIBC Private Wealth Management. Read.
01.05.22
Financial Advisor
'Bitcoin Declines To Lowest Level Since December's Flash Crash'
01.05.22
Reuters
'Stocks slump, Treasury yields rise on fear of a faster Fed pullback'
01.05.22
Bloomberg
'Bitcoin Declines to Lowest Level Since December’s Flash Crash'
01.05.22
Bloomberg
'Tech Stocks Extend Selloff as Yields Stay Elevated: Markets Wrap'
01.03.22
Bloomberg
'Oil Rallies Ahead of OPEC+ Meeting to Discuss Output Policy'