Hedge funds’ massive underperformance isn’t just because funds are no longer hedging against market moves.
Financials pulled a world-class fakeout last week, and that’s important for what’s coming next.
America’s big banks just reported Q3 earnings.
Central banks have deluded markets into believing they can generate economic prosperity, but not one of their policies has stimulated growth.
The Libyan sovereign wealth fund’s case against Goldman Sachs will be settled this month.
Officials and analysts rejected Donald Trump’s accusation that the Fed is overly political, but politics is in the central bank’s DNA.
When these new SEC rules kick in next month, they won’t just affect institutional investors – they could end up killing the markets.
Management wants us to believe “just 5,300 bad apples can spoil the bunch” at America’s favorite bank…
There’s a $400 billion bond bomb waiting for a light… and market volatility could be what sets it off.
Big banks are routinely penalized for shady activity.