Category Archives: Syndicated
“Millionaire Maker” Author Charged with Selling Securities in Unregistered Oil and Gas Offerings
(HedgeCo.Net) The Securities and Exchange Commission has charged Loral L. Langemeier and her company, Live Out Loud, Inc. (“LOL”), with selling securities in unregistered oil and gas offerings, acting as unregistered securities brokers, and breaching their fiduciary duties as investment […]
Bridgewater makes $6.7bn bet against European stocks
(Hedgeweek) Ray Dallio’s Bridgewater Associates is now the biggest short-seller of European stocks having place bets of at least $6.7 billion against European companies, according to a report by Reuters. To read this article:
Hedge fund returns improved in May, but sill in negative territory, says Citco report
(Hedgeweek) Hedge fund returns improved month-on-month in May, however, they remained in negative territory amid persistent market volatility, according to the latest monthly Hedge Fund Report from the Citco group of companies (Citco). To read this article:
Look for more selling pressure in week ahead as investors learn the hard way not to fight the Fed
(CNBC) Wall Street and the Federal Reserve appeared to enter a new reality this week, and the result for investors was big losses with no obvious end point in sight. The S&P 500 posted its 10th down week in the […]
U.S. recession isn’t ‘inevitable,’ but inflation is ‘unacceptably high,’ Treasury Secretary Yellen says
(CNBC) The recession that many Americans fear is coming is not “at all imminent,” Treasury Secretary Janet Yellen said Sunday. Talk of a recession has accelerated this year as inflation remains high and the Federal Reserve takes aggressive steps to […]
Bitcoin briefly dropped below $17,800 as sell-off accelerates — here’s what happened
(CNBC) Bitcoin plunged to about $17,749 and ether fell to about $897 at around 4:15 E.T. on Saturday afternoon, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the […]
Here are the three things the Fed has done wrong, and what it still isn’t getting right
(CNBC) After years of being a beacon for financial markets, the Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through a wicked bout of inflation and away from ever-darkening recession clouds. Complaints around the Fed […]
Stock futures rise slightly as S&P 500 is poised for worst week since March 2020
(CNBC) Stock futures rose modestly on Thursday evening as Wall Street tries to find its footing after a brutal week of selling. Futures tied to the Dow Jones Industrial Average gained 65 points, or 0.2%. Those for the S&P 500 […]
Airline stocks tumble as economic concerns overshadow travel surge
(CNBC) Packed planes. Sky-high airfare. An end to Covid testing for international arrivals. So much is going in airlines’ favor these days — except their share prices. The sector’s latest drop is surpassing a broad market swoon as investors weigh […]
A day after Powell’s assurances about the economy, markets are worried that ‘the Fed breaks something’
(CNBC) Federal Reserve Chairman Jerome Powell’s insistence that the central bank is not deliberately trying to cause a recession and that the economy is on solid footing is exactly what someone in his position would be expected to say. The […]
Hedge funds fell for a second consecutive month in May
(Opalesque) Hedge funds fell for a second consecutive month in May with a return of -0.4%, dragging year-to-date returns further into the red at -1.4%. A steeper than expected rise in US consumer prices in May raised concerns about aggressive […]
Adobe shares move lower after full-year projections fall short
(CNBC) Adobe shares fell as much as 5% in extended trading on Thursday after the design software maker gave full-year guidance that fell short of analysts’ expectations. Earnings: $3.35 per share, adjusted, vs. $3.31 per share as expected by analysts, […]