Back in March 2017, a bearish trade emerged which quickly gained popularity on Wall Street, and promptly received the moniker "The Next Big Short."
In late April Marko Kolanovic, a financial analyst for JPMorgan Chase, wrote to clients with good news. Pandemic aside, investors should expect stock prices in S&P 500 companies to return to record numbers some time early next year!
If a reputable polling outfit were to ask Americans what caused the current financial crisis on Wall Street, they would say the coronavirus COVID-19 pandemic.
It's early days, but the Federal Reserve "bazooka" has mostly impacted the 1%...
Update (1800ET): And so Wall Street wins again.
Yesterday, Wall Street traders feverishly passed around a note that without a shred of evidence claimed "that Risk Parity has blown up" ....
This is a collection of 32 tactics, instances, misnomers, immortal fake propaganda, and even wrong-doing cropping up ceaselessly on Wall Street, in the media, in press releases, in earnings reports, and in the broader nexus between Wall Street and th
Friday, January 10, 2020 from 1-5 pm @ The Hampton Inn & Suites Tempe/Phoenix Airport, 1550 South 52nd St, Tempe, AZ 85281
...For Ultra-Rich . Luxury assets of the ultra-wealthy, if that were expensive wine, fancy diamonds, and rare antique cars all had a down year as the stock market ramped to new highs, reported The Wall Street Journal.
According to a new NBC/WSJ poll, some 70 percent of Americans are as furious with the ruling class as they were in the run-up to Trump's election four years ago. While they feel satisfied with the current state of the economy, they feel Washington an