Banks Face Stiffer Competition for Funds as Fed QT Rolls On
Banks are starting to have a tougher time obtaining funds in the financial system as Fed shrinks its balance sheet and hikes interest rates.
Recent
Blackstone's Credit Fund Reaches Withdrawal Limit
Blackstone Inc said redemptions from its $50 billion non-traded business development company reached its pre-set limit for the first time.
Citadel Celebrates Banner Year at Disney as Wall Street Nurses Losses
Griffin paid out of his own pocket for about 10,000 staff and their families to converge on Walt Disney World Florida for three days of celebrating.
Morgan Stanley’s Michael Wilson Is a Seller of Stocks Again
Morgan Stanley's Michael Wilson returning to bear camp. Strategist has seen enough recent rally and says investors are better off booking profits.
SPACs Collapse as $11 Billion of Deals Are Called Off Within an Hour
One of the SPAC industry’s most well-known sponsors has seen deals worth $10.6 billion go up in smoke in less than an hour.
Investors Pull $8 Billion From Major Stock ETFs
ETF investors took Wednesday’s stock-market surge as an opportunity to offload $8 billion of holdings in two of the biggest equity funds.
I Guess I Didn't Hear the Same Powell Speech That Other Traders Did
To my ears, the Fed chairman did not say anything on Wednesday that merited the incredible stock gains racked up after his remarks.
