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Hedge Funds Short Healthcare Providers As Subsidies Debate Intensifies
Hedge funds last week sold more U.S. healthcare stocks than they bought for the first time in 14 weeks according to Goldman Sachs.
Fed’s Hammack Says There’s No Need To Change Interest Rates For Months, WSJ Reports
Federal Reserve Bank of Cleveland President Beth Hammack said she sees no need to change U.S. interest rates for months.
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A Top Analyst Warned Of A ‘Prisoner’s Dilemma’ And ‘AI Wobble’ In The Stock Market Just Days Before Palantir Seemed To Confirm Everyone’s Fears
A top market analyst’s warning in late October about a looming “prisoner’s dilemma” and an “AI wobble” in the stock market became prescient this week.
Schwab Notches A $660 Million Deal Agreement With Private Asset Firm Forge Global Holdings
Charles Schwab (SCHW) said Thursday that it's buying publicly traded investing platform Forge Global Holdings (FRGE).
Crypto’s Big-Money Backers Hit Hard As Stock Premiums Plunge
The trade was simple — and worked until it didn’t. Wrap crypto in a stock ticker. Call it innovation. Ride the wave.
Corporate America Is Trying To Tell Us Something About The Economy, Top Analyst Says
A 3-year recession for ‘much of the private economy’ ended in April.