Fed Rate-Hike Wagers Put on Back Burner as Blackout Begins
April 19, 2021
Federal Reserve rate-hike expectations have been aggressively reduced over the past two weeks in the eurodollar futures market, just as policy makers enter their usual silent period before their April 28 decision.
As meme stock mania fizzles, Wall Street sees ‘big reckoning’
April 5, 2021
The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books -- plural -- will undoubtedly be dedicated to the topic in years to come.
Cathie Wood Extends Hot Streak With Space ETF — Update
April 7, 2021
Cathie Wood's new ARK Space Exploration & Innovation ETF is already on track to be one of the most successful fund launches ever despite criticism that it doesn't necessarily reflect the nascent space-exploration market.
JPMorgan CEO Jamie Dimon says a U.S. economic boom could extend into 2023
April 7, 2021
JPMorgan Chase & Co chief executive officer Jamie Dimon said on Wednesday the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.
China Asks Banks to Curtail Credit for Rest of Year
April 6, 2021
China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people familiar with the matter.