Meme Stocks Are a 'Self-Containing Loop,' Market Strategist Explains
Retail traders are back at it again — using a signature playbook to push meme stocks and other assets higher.
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Musk Sells Another $6.9 Billion of Tesla Ahead of Twitter Trial
Musk offloaded $6.9B worth of stock in Tesla to accumulate cash ahead of trial that could force him to follow through on agreement to acquire Twitter.
Strategists Fear Pelosi Trip to Have Deeper Global-Market Impact
Immediate market impact of Nancy Pelosi’s visit to Taiwan may be fading, but has left fund managers rethinking how to navigate fraying relations.
Citi, UBS Wealth Say US Earnings Holding Up Better Than Feared
US corporate earnings season is turning out to be better than feared as consumer spending remains resilient.
Recession Now Appears the Price to Pay for Beating Inflation
After underestimating the worst inflation outbreak in decades, central banks are now driving their economies headlong toward recession.
Japan, China Cut Holdings of U.S. Treasuries to Multi-Year Lows -Data
Although China and Japan sold Treasuries in May, U.S. Treasury yields slid. Benchmark 10yr Treasury yield started May at 2.996%, down 15 basis points.
‘Don’t Fight It’: Hedge Funds, Wall Street Double Down on Dollar
The dollar rally has room to run and those who stand in its way risk getting bowled over by its unstoppable strength.
