The Ark Venture Fund would invest in private companies and limit withdrawals. Its minimum investment: $1,000. Star investor Cathie Wood’s Ark Investment Management has filed for a new fund that would include private companies and Read more…
The skidding US dollar will be looking to the January inflation readings out of the United States to reverse its decline as financial markets enter a somewhat quieter week. UK GDP growth numbers will be Read more…
German yields rose and EUR gained three figures against the USD this week to 1.14, as markets priced in an increasingly hawkish ECB. After the ECB Governing Council meeting on Thursday, we changed our call Read more…
Markets This morning, US and European interest rate markets continued yesterday’s ‘unusual’ disconnect. European markets still reacted to yesterday’s ‘implicit’ U-turn of Chair Lagarde. She backtracked on the ‘temporary inflation’ narrative and didn’t repeat the Read more…
Profit in Amazon’s Web Services cloud computing division clocked in at nearly $18 billion last quarter. Web3 proponents are doubling down to take a piece of the pie. Double-digit growth, record profit, a finger, toe Read more…
The mythical prancing horse brand on June 16 will unveil its EV electric vehicle strategy, but its CEO has already warned that its priority is to give customers what they want. Ferrari (RACE) – Get Read more…
Consumers may be getting sticker shock at the rapidly changing prices of groceries and other items. Mark Twain once famously said that if you don’t like the weather in New England, wait a minute. Consumers Read more…
A positive surprise on US employment. The official BLS report showed a jobs increase of 467K, markedly better than the expected 110-165K. Moreover, the previous data was seriously revised upwards and now reports employment growth Read more…
The U.S. economy gained an impressive 467k jobs in January, well above market expectations. January’s report also included the annual benchmark revisions to the payrolls numbers, and was a result the monthly gains in employment Read more…
The Canadian labour market lost 200k positions in January, worse than the consensus call for a loss of 120k positions. Full-time (-83k) and part-time (-117k) employment fell on the month. Even with the labour force Read more…