Jay Powell Now Has Another Problem: Morning Brief
For the last year, the Federal Reserve has tried to accomplish one goal, using one tool — lower inflation by raising interest rates.
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JPMorgan Spells Out ‘Volmageddon’ Risk on Zero-Day Option Craze
JPMorgan Chase strategists throwing light on contentious warning that the craze for zero-day options raises risk of market-wide “Volmageddon 2.0.”
China Fund Panic Spurs Risky Backtrack on Product Pricing
China’s banks and asset mgrs. turning to old yet potentially risky accounting maneuver to attract buyers for investment funds after bond market rout.
Fidelity Investments to Expand Workforce by 4,000 in First Half of 2023
Fidelity Investments is planning to increase its headcount by 4,000 in the first half of this year.
Defiant Metals Industry Mocks Recession Calls at Top Gatherings
If a US recession is looming, no one told the smiling well-suited women and men drinking top-shelf liquor during two top metals industry events.
The ‘Great Resignation’ is Now the ‘Great Regret’
80% of job hoppers wish they hadn’t quit their old roles, with Gen Z the most regretful.
JPMorgan Lays Off Hundreds of Mortgage Employees -Source
JPMorgan Chase & Co has cut hundreds of mortgage employees, a source familiar with the matter told Reuters.
