(Bloomberg) — As the bond market limps toward 2023, it faces the prospect of a final bout of chaos, exacerbated by dwindling trading volume typical during the last weeks of the year. The most punishing time period on record for investors in US government bonds has also been one of the most volatile, with frequent […]
Read More(Bloomberg) — When Sam Bankman-Fried was all of 25 years old, he pitched his nascent crypto investment business to Silicon Valley investors — only for them to laugh at him and his acolytes over their lack of experience and knowledge of crypto. “None of us has run a company before and we’d like $100 million […]
Read More(Bloomberg) — Baillie Gifford recorded its biggest outflows in more than a decade last month as investors withdrew billions from its funds. In October, clients pulled around £2 billion ($2.4 billion) from the firm’s UK-based funds, according to a report by research house Morningstar, with redemptions mounting to around £9 billion in the past year. […]
Read MoreArdmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. ASC $14.8200 0.8400 % 6.0100 Ardmore Shipping Corp […]
Read More(Bloomberg) — On the most optimistic corners of Wall Street, promising inflation data over the past week or so suggest the Federal Reserve may accomplish a soft landing after all. Yet no such belief prevails among the big money managers, who are betting that an economic downturn riddled with still-hot price pressures will define trading […]
Read More(Bloomberg) — Wall Street’s biggest banks agree the Federal Reserve will hike US interest rates further into next year, but are at odds over how high it will take them and whether it will be cutting by the end of 2023. In a reflection of how tough Chair Jerome Powell’s job is becoming, leading economists […]
Read More(Bloomberg) — Being glued to crypto news this week meant missing adventures in regular markets that while lacking the same high drama, made up for it in terms of money at stake. In case you missed it, stock and bond traders spent the last five days still caught in the thrall of an event that […]
Read More(Bloomberg) — Investors are finding value in bonds for the first time in a decade as higher interest rates make fixed-income attractive, according to JPMorgan Chase & Co.’s Bob Michele. Yields on the benchmark Bloomberg bond aggregate index have soared to 4.7% from 1.75% at the end of 2021 as the Federal Reserve embarked on […]
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