Hedge Fund That Got China Right Sees Risk in US Markets
Investors in US stocks and junk bonds are failing to price in enough risk of recession this year, according to an Asia-focused hedge fund.
Investors in US stocks and junk bonds are failing to price in enough risk of recession this year, according to an Asia-focused hedge fund.
Right now, the program is limited to just those six banks, but regional and community bankers say they’re eyeing what happens next.
Last time hedge funds and asset mgrs were this split on future for benchmark Treasuries was when Fed's tightening cycle was about to peak late 2018.
D & Z Media Acquisition Corp., a blank-check firm co-sponsored by Intercontinental Exchange Inc., plans to close shop and return the cash it raised.
Wall Street's biggest banks made almost $4bn (£3.2bn) from making bets on inflation last year, according to new reports.
Much of the focus in currency markets right now is how the prospect of slowing Federal Reserve rate hikes has helped fuel dollar weakness.
Equities kicking off 2023 with dramatic reversal in trends, investors flocking to non-US assets, according to Goldman Sachs Group Inc. strategists.