commodity

Cathie Wood has a simple response to Tesla’s exit from the S&P 500 ESG: ‘ridiculous’

Cathy Wood wasn’t happy to dismiss one of her most famous investments, Tesla Inc. , from a prominent index that tracks environmentally and socially friendly companies. “Silly,” Wood was terse in response to the news that the S&P 500 ESG had brought down electric car maker Elon Musk’s Tesla TSLA, -6.80% of its lineup, as …

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Crypto investor Barry Silbert offers sympathy and advice to those who lost fortunes this week

Billionaire crypto investor Barry Silbert, founder and CEO of Cryptocurrency Group, offered sympathy and advice to those who have recently lost their fortunes. It’s been a tough six months to be an investor in cryptocurrency. Volatile markets, distressed asset prices, rising interest rate yields, and high inflation have all combined to shock the stock, bond …

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‘Nowhere to hide?’ Why stagflation fears are putting stocks on the verge of entering a bear market

It will take more than Friday’s big bounce to quell fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to control inflation without flooding the economy raises fears of stagflation – a pernicious combination of slow economic growth and persistent inflation. Recessive inflation is a “horrific environment” for investors, said …

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Powell wants to bring prices closer to neutral. But what is this? Think between 5% and 6%, says former Fed chief of staff

With inflation higher than anyone expected, Fed Chair Jerome Powell has set a policy course in which the Fed will move quickly to raise its policy rate to a “more neutral level” for interest rates, possibly higher if necessary. “There is a clear need to move quickly to bring the monetary policy stance back to …

Powell wants to bring prices closer to neutral. But what is this? Think between 5% and 6%, says former Fed chief of staff Read More »

It is unlikely that bond market ‘wrecks’ in early 2022 will become the norm . says Novin’s chief information officer

It’s easy to get sick about bonds after an astonishingly bad first quarter. The sharp rise in Treasury prices this year has been a massive drag on fixed income, with losses feeling even more severe when combined with the stock market crash that landed on the S&P 500 SPX Back in correction territory on Friday …

It is unlikely that bond market ‘wrecks’ in early 2022 will become the norm . says Novin’s chief information officer Read More »