Traders See Fed Delivering 25 bps Cut In Sept, 100 bps By Year-End
Traders added to bets that the Federal Reserve will start U.S. interest-rate cuts next month with a quarter-point reduction in the policy rate.
Quantamental Flying: The U.S. Global Investors JETS ETF
The U.S. Global Investors JETS ETF: Global air travel in one fund. Smart Beta 2.0. Balanced risk. Don’t miss takeoff—learn more now!
Backpage.com Founder Michael Lacey Sentenced To 5 Years In Prison
Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money laundering.
Fed Compelled To Pivot From Gradual Rate Cut Approach
The Federal Reserve is being compelled to pivot from its gradual approach to rate cuts due to the weakening U.S. labor market, according to JPMorgan.
Most-Hated Credit Trade Turns Into A Big Winner For Hedge Funds
Chris Stansbury may have been the most hated person in the room as he made the rounds at one of Wall Street’s biggest leveraged finance conferences.