Category Archives: Syndicated
New analysis shows hedge fund industry is booming
(Hedgeweek) New in-depth analysis by quant technologies provider SigTech, reports that after continued expansion in 2021, there are currently 27,255 active hedge funds globally. To read this article:
Carl Icahn says there ‘very well could be a recession or even worse’
(CNBC) Famed investor Carl Icahn said Tuesday an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in the market. “I think there very well could be a recession or even worse” […]
Stock futures are steady as investors juggle Fed comments and policy
(CNBC) U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures rose just 30 points. S&P 500 futures advanced 0.1% and Nasdaq […]
Traders bet on an aggressive Fed and predict half-point rate hikes in May, June
(CNBC) Traders are betting Federal Reserve Chair Jerome Powell’s tough inflation talk means the central bank will step on the gas to drive up interest rates even faster than expected just last week. In the fed funds future markets, odds […]
Ryan Cohen scoops up 100,000 more shares of GameStop, meme stock soars as much as 20% after hours
(CNBC) GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The meme stock jumped as high as […]
Carl Icahn describes how his style is different from that of fellow investing icon Warren Buffett
(CNBC) Wall Street legends Carl Icahn and Warren Buffett have taken different approaches to shares of Occidental Petroleum in recent weeks. Icahn had been selling to exit his long equity position. Buffett’s conglomerate, Berkshire Hathaway, has been building a position […]
Wall Street bonuses climb to record $257,500 per worker last year, New York’s fiscal chief says
(CNBC) The average bonus paid to securities industry employees in New York climbed 20% to a record $257,500 for last year, according to state comptroller Thomas DiNapoli. The projection, released Wednesday in the annual report from New York’s top fiscal […]
Crypto Sector Posts Outflows For 2nd Straight Week -CoinShares
(Reuters) Cryptocurrency investment products and funds showed net outflows for a second straight week, a report from digital asset manager CoinShares showed on Monday, on persistent concerns about regulation and the possible fallout from the Russia-Ukraine conflict. The sector posted […]
CFTC: markets are reacting and operating well but there remain unknowns
(Opalesque) The ongoing tragedy in Ukraine has resulted in extreme volatility and, at the same time, record trading volume on global markets, Rostin Behnam, the chair of the U.S. Commodity Futures Trading Commission (CFTC) told the International Futures Industry Conference […]
Hedge funds slash Aussie shorts as currency weathers Russia-Ukraine turmoil
(Hedgeweek) The Australia dollar has defied expectations by holding up during the market turmoil caused by Russia’s invasion of neighbouring Ukarine, causing huge fund managers to reverse their bearish stance, according to a report by BloombergQuint. To read this article:
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
(CNBC) Federal Reserve Chairman Jerome Powell on Monday vowed tough action on inflation, which he said jeopardizes an otherwise strong economic recovery. “The labor market is very strong, and inflation is much too high,” the central bank leader said in […]
Stock futures are flat after Powell says bigger hikes may be needed to fight inflation
(CNBC) Stock futures were flat in overnight trading after Federal Reserve Chair Jerome Powell said the central bank is open to higher rate hikes to combat rising inflation. Futures on the Dow Jones Industrial Average rose 10 points, while S&P […]