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Private Problems
December 14, 2023 | Two years after Wall Street began splurging on buying music rights, the music has stopped, and interest has seemingly dried up.
Rate Cuts Incoming
December 13, 2023 | Jerome Powell and Co. indicated that three rate cuts are coming in 2024, which was well received by global markets.
Core Focus
December 12, 2023 | Happy CPI day. That’s right, new inflation data is out, and we wouldn’t be worth the keyboards we type this on if we didn’t report on it.
Fed Talk
December 11, 2023 | Risk on? Risk on.
‘Tis the Season
December 10, 2023 | ‘Tis the season to spend, spend, and spend away.
The Price of Everything
December 09, 2023 | Believe it or not, the cost of taking a shower can vary dramatically worldwide. Denmark takes the cake as the most expensive place to shower, with the estimated cost of a year’s worth of showers eclipsing $800.
Still Hiring Away
December 08, 2023 | After inflation being top of mind for a year and a half, Wall Street’s focus is reverting to pre-Covid norms. That is, jobs reports are once again front and center on investors’ minds, especially since many analysts are calling for the Fed to dramatically cut interest rates next year — a tactic historically reserved for recessions.
Peak Exuberance
December 07, 2023 | There are “no longer any bears left.” That’s from Goldman Sachs managing director Scott Rubner, commenting on how enthusiasm around expected Fed rate cuts has driven markets higher in recent weeks.
Down to Business
December 06, 2023 | World leaders from more than 190 countries have gathered at the United Nations climate summit in Dubai this week. There’s a lot at stake after the hottest summer on record, per NASA.
Carry Trade Blowup
August 12, 2024 | After the dust settled a bit, the upheaval last Monday now appears to have been a short-lived panic triggered by a minor policy adjustment from the Bank of Japan and renewed concerns about a potential U.S. recession.
Rockefeller’s Letters
August 11, 2024 | The ideas that helped drive John D. Rockefeller’s rise to enormous wealth and success come one after the other: Starting points do not determine your endpoint.
Penny Stock Purge
August 9, 2024 | Let the purge of the penny stocks begin. Nasdaq is taking measures to address concerns about the proliferation of penny stocks on its exchange.
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