Bad News Is Good News -
• https://www.activistpost.com by Michael Snyder-–Wall Street Greatly Celebrates The Latest Economic And Financial Disasters
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-–Wall Street Greatly Celebrates The Latest Economic And Financial Disasters
As discussed earlier, most banks agree that while the midterms are important over the medium and long run, Thursday's CPI print will be the most important factor to shape the expectations for December FOMC and the market's near term reaction. Here, c
...like the election rally and asides from a blue wave, would be buying dips...
Update (1105ET): The price of FTX Token FTT just crashed over 20% after holding support at $22 since the CEO of Alameda Research (FTX hedge fund) offered to buy all Binance's FTT holdings at that level.
"With that weight of selling, I was a bit surprised gold wasn't weaker,... now we have our answer..."
Profits and losses aren't usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an accounting oddity.
It's the third-highest rate since I bonds were introduced in 1998, and investors may lock in this rate for six months by purchasing anytime before the end of April.
After an outage that was just over an hour long, all is well again and Canada has exited the 3rd world, however briefly:
Social media stocks jumped following an interview from Brendan Carr, one of five commissioners at the Federal Communications Commission (FCC)...
"I made a mistake here. I was wrong. I trusted this management team. That was ill-advised. The hubris here is extraordinary and I apologize," he said.
Tech companies led the way for the U.S. economy over the past decade and buoyed the stock market during the worst days of the coronavirus pandemic. Now, amid stubborn inflation and rising interest rates, even the biggest giants of Silicon Valley are
Shares in Chinese companies crashed Monday morning as traders were spooked by the consolidation of power by President Xi Jinping. After a weeklong Party Congress, Xi was confirmed for a third presidential term on Saturday.
Shares of Tesla are down about 7% in the pre-market session after the company cut the price of some of its cars in China, drumming up concerns about demand just days after Musk said the company would continue robust production regardless of whether o
Hu's who and what's what
In a shocking new report from the Wall Street Journal, leading health officials began offloading stocks...
Even after their correction over the past few months, commodities have been one of the best-performing asset classes in the markets this year and over the past couple of years.
REVEALED: A quarter of Federal Trade Commission officials own or trade stocks in the same tech giants they regulate, including Amazon, Meta and Google
...and SURGES 800 points in wild trading session
BlackRock said the decline was "primarily driven by the impact of significantly lower markets and dollar appreciation on average AUM and lower performance fees."
Yet another ETF launched this week, adding to a total of what feels like millions of new ETFs coming online each year. This one, trading under the symbol "YALL", is called the "God Bless America" ETF.
Stock Market Drops To 2 YR Low, The Collapse Is Coming, Food Shortages Will Wipe Out Liberal Centers
NASDAQ - must hold levels
I have said it many times in the past but I'll say it here again: Stock markets are a trailing indicator of economic health, not a leading indicator.
How are interest rate hikes and quantitative tightening affecting markets?
It's HERE: the financial crash of a generation (has already begun)
We are getting the feeling when something is supposed to move lower, but it refuses...
In 2008 after the Lehman collapse insurer AIG had to pay out the CDS contracts to whom had insured against failure of Lehman to pay their bond holders interest. The problem is with Credit Default Swaps is that anyone can get an insurance against this
Read LetterIs now the time to buy gold? Or should we be bearish on the precious metal? Peter Schiff debated TD Securities Global Head of Commodity Markets Strategy Bart Melek on the future of gold prices on CNBC Asia.
What do credit traders know that equity traders are ignoring?
"Bad" news from JOLTS this morning prompted more buying of 'all the things' today as the hope/hype continues that The Fed will pause/pivot sometime soon, unicorns will ride through the streets, and everything will be awesome once again.