‘Financial War’ Sparks Money Market Calls for Emergency Fixes
Money markets are showing most stress since early days of pandemic as traders race for dollars in wake of toughened sanctions against Russia.
Money markets are showing most stress since early days of pandemic as traders race for dollars in wake of toughened sanctions against Russia.
Hat tip to TKer’s Sam Ro for call out of Goldman Sachs data, suggesting market is still relatively bullish despite what’s happening in Eastern Europe.
Russia’s rout on Thursday is the fifth-worst plunge in equity market history in local currency terms as investors sold the nation’s assets.
Bond investors’ short-term U.S. inflation expectations jumped to a record as oil, natural gas and coal surged.
Wall Street strategists, bullish before Russia’s military buildup near Ukraine border, mostly sticking to view that stock markets can weather crisis.
El-Erian stressed that unwinding balance sheet "need not be disorderly...There's still a window to get this right. But that window is closing.
In recent days, Hizzoner has called upon CEOs to curtail generous remote work arrangements that are hampering the NY city’s recovery efforts.