Burry, Famous for 'Big Short,' Bought Bearish Options Against S&P, Nasdaq 100
Burry's Scion Asset Management bought put options with a notional value of $739 million against the popular Invesco QQQ Trust ETF during the quarter.
The Labor Market’s So Wobbly Even Head Hunters Can’t Forecast Recovery
Recruitment companies abandoning annual earnings forecasts, squeezed by a softening labor market in which employers are paying for fewer job listings.
JPMorgan, Western AM See Treasury Gains Even as Bonds Swoon
JPMorgan Chase & Co. and Western Asset Management are among those saying this month’s jump in bond yields represents a buying opportunity.
Investors Least Bearish on Stocks Since Pre-Fed Hikes, BofA Says
Investors are least pessimistic on stocks since February of last year, before Fed began one of the most aggressive tightening cycles in decades.
Dynamic Welcomes 5 New Wealth Advisory Practices in the First Half of 2023
Dynamic Advisor Solutions dba Dynamic Wealth Advisors, a professional services provider for wealth advisors, welcomed five new wealth advisory practices to its nationwide network of advisor clients during the first half of 2023. They include the first advisor in Minnesota to join the Dynamic network, and bring Dynamic’s advisor representation in Arizona to 20, No. 1 in the network with the highest number of advisors, and California to 18, No. 2.