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'We Are Concerned': Scott Bessent says Treasury Is Keeping A Close Eye On The Private Credit Market
Pressure on Blue Owl Capital (OWL) isn't letting up after an asset sale meant to calm investor worries last week sparked new concern.
Gold-Like Swiss Franc May Surge 17%, Morgan Stanley’s Adams Says
The Swiss franc could surge as much as 17% to the dollar amid growing confidence in the currency’s haven status in the face of US policy uncertainty.
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The Stock Market Has a 'Systemic Problem'
"Higher rates are now a systemic problem for equities," Piper Sandler chief investment strategist Michael Kantrowitz wrote in weekly note to clients.
US Supreme Court Won't Hear Elon Musk Dispute Over SEC Settlement
The U.S. Supreme Court declined to hear Elon Musk's bid to throw out part of a securities fraud settlement with the SEC.
Generative AI Has Captivated Wall Street Since Late 2022
Generative AI has captivated Wall Street since OpenAI's unveiling of ChatGPT in late 2022.
Rate Cuts by the Federal Reserve Might Not Offer Investors Relief
According to Mark Spitznagel, rate cuts by the Fed would likely occur only under dire economic circumstances, signaling a potential recession.