General Finance Category
Key Points Tracy Britt Cool has been busy acquiring midsize companies, and now she wants to build a close-knit community for these smaller businesses. The 39-year-old investor struck out on her own in 2020 after … Read more
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past decade. “What’s driving the bitcoin … Read more
The Morgan Stanley digital sign is seen at the company’s Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016. John Taggart | Bloomberg | Getty Images Morgan Stanley promoted a tech executive … Read more
On Tuesday, the Dow Jones Industrial Average struggled to maintain its early 2023 momentum as investors weighed the latest earnings results. The blue-chip index, which is a stock market index that tracks 30 of the … Read more
Bond yields were little changed on Thursday from the previous session, with most trading around just one basis point lower as investors digest Wednesday’s market gains, which gave Wall Street its best day in nearly a month. … Read more
This morning’s PMIs – full of recessionary indications, forward-looking pessimism, and deflationary signals – appear to have been the straw that broke the camel’s back of hawkish expectations. Rate-hike expectations have tumbled notably and subsequent … Read more
That ’70s Show In the wake of Friday’s soaring CPI print and Bank of America strategist Michael Hartnett’s latest note (“A Dire Outlook From Wall Street’s Biggest Bear”), it’s worth revisiting the ’70s bear market analogue he sketched out … Read more
Inflation is running well in excess of interest rates. Heck, the ECB have them set at negative. The ECB’s NIRP policy and its policy of buying not only government bonds and housing bonds, but large … Read more
The bond market is blowing up. As I outlined several weeks ago, the financial system is now experiencing its first coordinated central bank tightening in over a decade. The reason for this tightening is inflation. … Read more
Levels to watch: S&P 4400, QQQ 350, CORN 26.50, AMD 100, XME 60 Expect more volatility. Mortgage rates broke a 40-year trend! Utilities are extremely strong right now & cannot be overlooked Commodities, our miners (XME), … Read more