Category Archives: Syndicated
Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations
(CNBC) Ken Griffin, Citadel’s founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes. “We should continue on the path that we’re on to ensure that […]
Hedge fund Cirera Capital to close after boss opts to join ExodusPoint
(Hedgeweek) Hedge Fund Cirera Capital is liquidating with co-founder Ahmet Arinc, the former head of forex at Deutsche Bank, set to join multi-strategy firm ExodusPoint Capital Management, according to a report by Bloomberg. To read this article:
Multi-strategy hedge funds continue to attract net allocations
(Hedgeweek) Multi-strategy hedge funds were again the capital raising winners in August bringing in a net +$2.75 billion, and taking year to date inflows to +$18.37 billion, according to a report by AlphaWeek. To read this article:
Stock market losses wipe out $9 trillion from Americans’ wealth
(CNBC) Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending. Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the […]
Crypto founder behind $60 billion collapse says he is not hiding after Interpol issues arrest notice
(CNBC) Do Kwon, the founder of Terraform Labs, insists he’s not on the run from South Korean authorities after the country’s prosecutors’ office said it had received an international arrest warrant for the cryptocurrency executive. Kwon’s company was behind the […]
Stock futures fall after S&P 500 hits new low for the year; 10-year Treasury yield briefly tops 4%
(CNBC) Stock futures were lower on Wednesday morning after a relief rally failed during regular trading hours and the S&P 500 hit a new intraday low for the year. Futures tied to the Dow Jones Industrial Average lost 173 points, […]
Mary Daly says the Fed does not want to tip U.S. economy into downturn
(CNBC) San Francisco Federal Reserve Bank President Mary Daly said on Tuesday that the U.S. central bank is “resolute” about bringing down high inflation but also wants to do so “as gently as possible” so as not to drive the […]
Celsius CEO resigns in the middle of bankruptcy proceedings
(CNBC) Celsius Network CEO Alex Mashinsky submitted a letter of resignation Tuesday, months after the crypto company filed for Chapter 11 bankruptcy protection. Mashinsky’s resignation is effective immediately, but he said in a release that he will continue to help the […]
Seven-week bull run on bitcoin-short positions ends with outflows of $5m
(CNBC) Digital asset investment products saw inflows totalling $8.3 million last week, a continuation of the tepid investor appetite for digital assets at present, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. To read this article:
Trump-linked SPAC changes address to UPS Store as investors pull more than $130 million
(CNBC) Digital World Acquisition Corp., the blank-check company looking to take Trump Media and Technology Group public, has changed its listed address to a UPS Store in Miami. The change from a Miami office building to a UPS address came […]
Stock futures rise after S&P 500, Dow close at lowest levels since 2020
(CNBC) Stock futures were higher on Tuesday morning after the market started the week by continuing its dramatic September decline. S&P 500 futures gained 0.68% and Nasdaq 100 futures rose 0.74%. Those tied to the Dow Jones Industrial Average advanced […]
SS&C GlobeOp Forward Redemption Indicator at 2.67% for September
(CNBC) The SS&C GlobeOp Forward Redemption Indicator for September 2022 measured 2.67%, up from 2.35% in August. To read this article: