Many investors pay close attention to investment luminary Bill Ackman’s moves, given his successful track record. Many investors pay close attention to the moves of hedge-fund heavyweight Bill Ackman, given his successful investing track record. Read more…
With Fed officials heading to Jackson Hole, market participants are bracing for turbulence. Despite raising rates with incredible force, US yields remain stubbornly low as markets speculate about rate cuts next year. That’s counterproductive for Read more…
Jerome Powell is likely to lay out a relatively hawkish outlook for monetary policy in our view, prompting traders to start pricing in a 75bps interest rate hike next month as the odds-on scenario… What Read more…
With the Jackson Hole Symposium this Thursday and Friday and the Fed stating that it is “data dependent”, the US data matters more at this point. PMIs out of Europe and the US are causing Read more…
Cable is trading near new multi-month low (1.1717) posted today, keeping firm bearish stance, additionally boosted by terrible UK manufacturing PMI data for August that add to fears the economy is sliding into recession. Bears Read more…
The British pound has jumped 0.82% today, as the currency has rebounded somewhat from its worst week of the year. GBP/USD plunged 2.53% last week, as the US dollar has found its mojo after weeks Read more…
US indices fell rather dramatically in the last two sessions. There were a couple of factors contributing, but the Jackson Hole symposium later in the week is seen as a risk catalyst. But in early Read more…
Twitter’s former head of security Peiter Zatko came out as a whistleblower against the company. You know things are going to reverberate when a past security chief accuses Twitter (TWTR) – Get Twitter Inc. Report of Read more…
Photo by Allison Johnson / The Verge How long does it take a fledgling hardware startup to deliver a major Android update to its first smartphone? In the case of Nothing, we’re looking at several Read more…
Photo by Allison Johnson / The Verge How long does it take a fledgling hardware startup to deliver a major Android update to its first smartphone? In the case of Nothing, we’re looking at several Read more…