"Be careful what you wish for" appears to be the lesson for stock investors this week as recovery and reflation hopes/hypes sent real and nominal rates soaring, triggering trouble in the momo/growthy names that have soared "to the moon" and neither P
Friday's post-European close ramp notwithstanding...
"The CFTC is closely monitoring recent activity in the silver markets. The Commission is communicating with fellow regulators, the exchanges, and stakeholders to address any potential threats to the integrity of the derivatives markets for silver,
Tesla still commands 69% of the market share but shows how Ford's electric SUV is attracting EV buyers who would've bought a Tesla.
Oil sprinted out of the gate after the OPEC+ meeting started following comments from the Saudi Energy Minister who said the oil market has improved but the uncertainty surrounding the recovery has not receded, and urged "supply caution and vigilance
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Our problem, in a Canute shell
Back in mid-December, when stocks were melting up furiously daily amid unprecedented retail euphoria, which would only get crazier and crazier until eventually it forced Citi to use a bigger chart two months later to capture the market's retail eupho
The GameStop saga--can we call it an insurrection?--wants easy heroes and villains. Both are available.
...Crypto Roars Back As Citi Sees Imminent 'Tipping Point' In Global Trade
Hedge Fund Billionaire Stunned At "Market Craziness", Sees "Trouble Ahead"
Update: Into the close, bonds were panic-bid with 10Y Yields plunging 14bps - the best day for bonds since March 2020
A whole host of prominent voices have been warning that volatility and chaos would be returning to Wall Street, and that is precisely what has happened.
As Coinbase nears its debut on the public market, the company's offerings for corporations looking to follow Tesla into adding bitcoin to their balance sheet may prove to be a large part of their business as adoption grows.