SEC’s New Short-Selling Rules Face Court Challenge, Accusations They ‘Harm Market Participants And Investors’
Three hedge fund associations are jointly suing the Securities and Exchange Commission.
Growth Stocks Outpace Value By 10% As 2023 Nears End: Will The Trend Continue?
So far, 2023 has been mostly about growth stocks. Sector performance within the S&P 500 indicates that growth-oriented stocks from the Information Technology and Communication Services sectors have been leading in returns.
Oil Prices Under Pressure As COP28 Climate Summit Agrees To Energy ‘Transition’
While the commitment to transition away from fossil fuels was a historic moment at COP"8, critics said the message was watered down
Fed’s 2023 Policy Twists: The Turning Points And Markets Reactions
Fed response to slowing inflation has driven a strong equity rally but further gains will depend on whether the Fed pushes back against rate cut expectations.
Cathie Wood’s Ark Invest Sells Nearly $11.5M Worth Of Coinbase Shares As Bitcoin, Crypto Rally Loses Steam
Cathie Wood-led Ark Invest made a notable move in the market by selling a significant portion of its…
Treasury Market Stress: Primary Dealers Taking Up Slack As Foreign Demand Fades
Results of an auction of 30-year treasury bonds are due after the market close. Treasury issuance is set to reach record levels in 2024.
Retail Investing Peaks In 2023: How Small-Time Trading Matured From Meme Stock Frenzy
In 2023, retail investors made a comeback: 30 million new accounts opened, record levels of investment, diversifying into different asset classes, favoring ETFs and detaching from meme-stock stereotype.
Federal Reserve’s Final 2023 Meeting: FOMC’s Economic Projections Crucial, Dot Plot Weeds Out Hawks, Doves
Fed expected to announce interest rate decision this Wed. Markets expect rates to settle 5.25-5.50%. FOMC will release economic projections, dot plot, & revisiting Sept. projections. Sept. projections showed 2.5% PCE inflation in 2024, 1.5% economic expansion in 2024.
KKR Looks To Sell Music Catalog As Royalty Valuations Drop But Spotify Soars On Streaming Success
KKR is looking to sell music catalogue; Spotify and other streaming services now account for much of the music people listen to.