Category Archives: Syndicated
Treasury yields rise as investors digest Fed rate hike
(CNBC) U.S. Treasury yields rose on Thursday, as investors digested the Federal Reserve’s decision to hike interest rates for the first time in more than three years. The yield on the benchmark 10-year Treasury note added 1 basis point to […]
Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
(CNBC) The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing economic growth. After keeping its benchmark interest rate anchored near zero since the beginning […]
Fed’s interest rate forecast signals willingness to sacrifice growth to stop inflation, strategists say
(CNBC) Bond yields jumped and stocks were volatile after the Federal Reserve released its forecast for an aggressive series of rate hikes that it expects will bring down inflation swiftly over the next year. The Fed released its latest forecast […]
Berkshire Hathaway closes at a record above $500,000 a share as Buffett’s conglomerate roars back
(CNBC) Berkshire Hathaway class A shares achieved a key milestone Wednesday, hitting an all-time closing high of half a million dollars as Warren Buffett’s multifaceted conglomerate fires on all cylinders during the economic recovery. The class A shares gained 1.3% […]
Russia stokes fears of first foreign currency default in more than a century as it attempts payment
(CNBC) Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through, ratcheting up fears of Moscow’s first foreign currency debt default in over a century. […]
85% of investors plan to invest the same or more in private capital over next 12 months, says Preqin study
(Hedgeweek) Alternative assets data, tools, and insights specialist Preqin, has published its H1 Investor Outlook for 2022, with represents the views of more than 350 LPs, interviewed in November 2021, investing across alternative assets — breaking down investor sentiment in […]
Stock futures are little changed as market looks to build on rally following Fed rate hike
(CNBC) U.S. stock futures were quiet on Wednesday evening as investors digested the latest projections from the Federal Reserve. Futures tied to the Dow Jones Industrial Average added 23 points, or less than 0.1%. Those for the S&P 500 and […]
Greg Coffey’s Hedge Fund Redeemed Russian Clients Before Invasion
(Bloomberg) Greg Coffey’s Kirkoswald Asset Management kicked Russian investors out of the firm days before Vladimir Putin’s invasion of Ukraine. Coffey told investors in a note on Feb. 24, the day of the invasion, that the firm had redeemed a small […]
Hedge funds significantly outperform broad markets through a bad start to 2022
(Hedgeweek) The hedge fund industry gave up a bit of ground in February, falling back -1.00 per cent for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. To read this article:
U.S. stock futures are flat ahead of Wednesday’s Fed meeting
(CNBC) Stock futures were flat in overnight trading after the major indexes rallied and oil prices tumbled below $100 a barrel ahead of Wednesday’s Federal Reserve meeting. Futures on the Dow Jones Industrial Average dipped 40 points, while S&P 500 […]
The Federal Reserve is expected to raise rates, but unique challenges could slow its pace
(CNBC) The Federal Reserve is expected to raise interest rates by a quarter point Wednesday, a major step in reversing the extraordinary easing it put in place two years ago to help the economy through the pandemic. Fed watchers expect […]
Forecasters see growing chance of a recession as Fed hikes rates this year to fight inflation
(CNBC) Forecasters have raised their outlooks for a recession and boosted their inflation projection as the Federal Reserve faces the quandary of fast-rising prices and greater uncertainty from Russia’s invasion of Ukraine. The probability of a recession in the U.S. […]