Monthly Archives: January 2022

December’s consumer prices are likely to be hot, but the peak could come soon

(CNBC) A key measure of consumer prices is expected to show that inflation at the consumer level spiked in December, the hottest increase in prices since the early 1980s. Economists expect the consumer price rose 0.4% in December, and 7% […]

World Bank slashes global growth forecast and warns about growing inequality

(CNBC) The World Bank slashed its global growth forecast for 2022 and 2023, and cautioned that a rise in inflation, debt and income inequality could jeopardize the recovery in emerging and developing economies. Global growth is expected to slow to […]

Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation

(CNBC) Federal Reserve Chairman Jerome Powell, with a seemingly clear path to a second term heading the central bank, declared Tuesday that the U.S. economy is both healthy enough and in need of tighter monetary policy. To read this article:

SEC Charges ICO Issuer and Founder with Defrauding Investors

(HedgeCo.Net) The Securities and Exchange Commission has announced charges against Australian citizen Craig Sproule and two companies he founded, Crowd Machine, Inc. and Metavine, Inc., for making materially false and misleading statements in connection with an unregistered offer and sale […]

JP Morgan’s Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year

(CNBC) Jamie Dimon said the U.S. is headed for the best economic growth in decades. “We’re going to have the best growth we’ve ever had this year, I think since maybe sometime after the Great Depression,” Dimon told CNBC’s Bertha […]

Plenty of risks, but analysts are skeptical on a serious stock market downturn

(CNBC) Inflation, central bank policy tightening and Covid-19 infection rates continue to threaten the bull run for stocks, but analysts largely do not foresee a serious correction in 2022. To read this article:

Higher interest rates upset stock market as hot inflation tests the Fed

(CNBC) U.S. stocks resumed their sell-off on Monday as government bond yields continued to trek upward, a hint that many traders are growing more certain that the Federal Reserve will move in the next few months to raise interest rates. […]

Bitcoin briefly tumbles below $40,000 to the lowest since September as investors shed risk

(CNBC) The price of bitcoin fell at one point Monday to its lowest level since September, as rising rates continued leading investors to shed positions in risky, growth-oriented assets. Bitcoin fell as much as 6% to touch a low of […]

Tumult in tech stocks hurts for now, but may not lead to broader correction

(CNBC) The Nasdaq Composite and the tech sector of the S&P 500 slid sharply to begin the year, but strategists say that may not be the fate of other groups or the broader market. The tech-heavy Nasdaq sold off hard […]

Varenne Capital achieves net inflows in excess of $1bn in 2021

(Opalesque) Varenne Capital Partners, a Paris, France-based investment firm founded in 2003, achieved net inflows in excess of $1 billion from investors amid strong fund performance in 2021, as assets under management reached $4.3 billion at year-end December 31. The […]

SEC Charges Three Florida Residents in Multi-Million Dollar Insider Trading Scheme

(HedgeCo.Net) The Securities and Exchange Commission has announced charges against three Florida residents for trading in advance of market moving announcements involving DSW Inc., Rite Aid Corporation, and an attempt to acquire Aphria Inc., a Canadian cannabis-related business. According to […]

December gains complete best year for CTAs since 2014

(Hedgeweek)) CTAs recorded small gains in December, recovering some of the losses from November to finish up the best year since 2014. The SG CTA Index had positive performance of 0.45 per cent in December, completing the year up 6.27 […]