Joe Rennison
Posts
A Traditional Exchange? FTX Was Anything But.
FTX called itself an exchange. But it was vastly different from stock exchanges, which are highly regulated and barred from engaging in many of the...
Markets rise as investors bet on a shift at the Fed.
The New York Times - Business: This post first appeared in The New York Times - Business. Read the original article.
Markets Edge Higher at End of a Strong Week
Signs of China easing its pandemic restrictions appeared to bolster stocks, adding to investors’ bullishness about cooling inflation in the United States.
Stocks Drop As Fed Leaves Investors Uncertain About Rates
The Fed chair said the central bank “still has a ways to go” before it will be finished raising interest rates, and that they may...
Another Yield Curve Inversion Rings Recession Alarm Bells
A so-called inverted yield curve between three-month and 10-year interest rates is considered by Wall Street as a reliable sign of an impending economic slump.
Markets Plunge After High CPI Inflation Reading
Stocks initially tumbled, then rebounded sharply after a report that signaled the Fed would continue raising interest rates aggressively.
Turmoil Returns to the U.K. Bond Market
The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only...