Black Swan Manager Preps for Financial ‘Mega-Tinderbox-Timebomb’
Markets Heard on the Street After an epic 15-year run, hedge fund Universa’s Mark Spitznagel says the financial system is poised for a crisis—eventually [ad_2]...
Fed set to deliver quarter-point rate hike along with ‘one last hawkish sting in the tail’
The Federal Reserve will downshift to a 25 basis point rise in its policy interest rate at their upcoming interest-rate meeting and will work overtime...
U.S. corporate greed has gone too far, says Norway fund manager
“‘We think in particular in the U.S. the corporate greed has just gone too far.’” That’s the head of Norway’s $1.3 trillion sovereign wealth fund,...
Fed’s Bullard doesn’t want to ‘stall’ on getting interest rates over 5%
The Federal Reserve should not “stall” on raising its benchmark rates until they are above 5%, said St. Louis Fed President James Bullard, on Wednesday....
Opinion: Opinion: More rotting assets are lurking in the shadows of the financial system
Like a lightning bolt that suddenly throws a landscape into sharp relief, higher interest rates have exposed where the financial system could buckle or break—but...
BlackRock Profit Falls 23%: WSJ
The money-management firm’s assets under management increased to $8.6 trillion after three quarters of declines. [ad_2] Source link...
Elon Musk and Cathie Wood Are Almost Right About the Fed
Markets Heard on the Street The two are correct in that higher rates are dragging down tech, but that is hardly the whole story [ad_2]...
Biden Administration Delays Tax Rules for Crypto Brokers
Markets Currencies Cryptocurrency Cryptocurrency brokers don’t have to start reporting customers’ gains to IRS until the administration finishes writing the rules [ad_2] Source link...
‘The Fed Is Going to Overdo It’: Financial Markets Finally React to U.S. Central Bank: MW
Financial markets absorb the Federal Reserve’s stridently hawkish interest-rate outlook for 2023, plus fresh signs of a weakening U.S. economy [ad_2] Source link...
Investors Yank Money From Commercial-Property Funds, Pressuring Real-Estate Values
Real Estate Commercial Real Estate Blackstone and Starwood funds limit withdrawals following surge of redemption requests [ad_2] Source link...