Category Archives: Syndicated
House passes debt ceiling increase, sending it to Biden to avoid default hours before deadline
(CNBC) Congressional Democrats passed a debt ceiling increase and sent it to President Joe Biden’s desk early Wednesday, the deadline that Treasury Secretary Janet Yellen warned could mark the start of the first-ever U.S. default. The president is expected to […]
Elon Musk’s stock sales could total $18 billion by the end of year
(CNBC) Elon Musk’s sale of $906 million in Tesla stock Monday brings him one step closer to his ultimate sales goal. The big question: what is the goal? Based on his November Twitter poll, Musk plans to sell 10% of […]
Fresh VIX spikes offer persistent opportunities for hedge funds
(Hedgeweek) Increasingly frequent spikes in the VIX volatility index could offer hedge funds and other investment managers strong return opportunities amid the resulting equity market gyrations, new analysis published by Man Group suggests. To read this article:
Digital asset investment product inflows total USD88m last week
(Hedgeweek) Digital asset investment products saw inflows totalling USD88 million last week, although this masks very mixed flows across providers, according to the latest weekly Digital Asset Fund Flows report from CoinShares. To read this article:
Morgan Stanley CEO Gorman calls for the Fed to raise interest rates soon
(CNBC) With economic growth currently strong, the Federal Reserve should raise interest rates soon to combat a future downturn, Morgan Stanley CEO James Gorman said Monday. Speaking a day before the central bank begins its two-day policy meeting, the head […]
Elon Musk sells another $906.5 million worth of Tesla shares
(CNBC) SpaceX and Tesla CEO Elon Musk sold another 934,091 shares of his electric car company, which are worth around $906.49 million, according to a pair of financial filings with the Securities and Exchange Commission published late Monday. He also […]
US hedge funds expect strong inflows over the next two years
(Hedgeweek) The majority of US based hedge funds expect to see strong inflows over the next two years, according to a new study by quant technology provider SigTech. To read this article:
Stock futures tick higher ahead of key inflation data, Fed meeting
(CNBC) U.S. stock index futures were little changed during overnight trading on Monday after the major averages started the week in the red as Covid omicron fears hit sentiment. Futures contracts tied to the Dow Jones Industrial Average gained 45 […]
SS&C GlobeOp Hedge Fund Performance Index down 1.71% November
(Hedgeweek) SS&C Technologies Holdings announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index for November 2021 measured -1.71%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.36% in December. To read […]
El-Erian says ‘transitory’ was the ‘worst inflation call in the history’ of the Fed
(CNBC) Calling inflation “transitory” was a historically bad move for the Federal Reserve, according to Allianz Chief Economic Advisor Mohamed El-Erian. “The characterization of inflation as transitory is probably the worst inflation call in the history of the Federal Reserve, […]
U.S. Justice Dept launches expansive probe into short-selling -sources
(Reuters) The U.S. Department of Justice has launched an expansive criminal investigation into short selling by hedge funds and research firms, according to three people familiar with the matter. Investigators are probing the relationships among the hedge funds and firms […]
Wall St Week Ahead Investors await faster taper, inflation view at Fed meeting
(Reuters) Investors are bracing for the last Federal Reserve meeting of the year, with market participants hungry to learn how quickly the central bank plans to finish unwinding its bond-buying program and pick up signs of when it may start […]