Wall Street’s Risk Arms Race Amps Up With 5-Times Leveraged ETF
Just days after the latest crop of hyper-leveraged products tested the outer edges of regulatory tolerance, a new ETF proposal is doubling down — literally. Volatility Shares has filed to launch funds offering five times the daily return of some of the most volatile...
US Stocks Close Lower After Volatile Session Tests Dip Buyers
Stocks closed lower on Tuesday, in a session that offered a taste of the volatility that dip-buyers will likely face if trade tensions between the US and China keep rising. The S&P 500 ended down 0.2%, after a series of trade-related headlines sent it careening...
As billionaire wealth soars $33 trillion, Mark Cuban says it’s time for workers to receive a cut of their employers’ success in the form of stocks
As founders and C-suite executives grow wealthier from soaring stock gains, billionaire Mark Cuban says employees deserve a piece of that pie too. Responding to a recent Oxfam report about billionaire wealth increasing by $33 trillion since 2015, Cuban posted on...
Tariff-Fueled Plunge Has Traders Worried There’s More to Come
Bill Harnisch is no permabear. His hedge fund is up 580% since 2020 thanks to a honed portfolio of bets that this year alone has tripled the S&P 500’s return. But right now the Wall Street veteran is on edge — just like the market itself, judging by the...
Consumer confidence remains fragile, latest University of Michigan index shows
Consumer sentiment around the U.S. dipped in October, sinking to a five-month low as Americans fret over a stalling job market and stubbornly high inflation, new private economic data shows. The University of Michigan's preliminary October sentiment...
Anduril’s Luckey Wants China Cut Out of US Defense Supply Chain
The supply chain for US defense manufacturing is too reliant on China, Anduril Industries Inc. founder Palmer Luckey said on Friday, shortly after new tariff threats by US President Donald Trump sent the markets skittering. “We have to get off the Chinese supply...
What the Collapse of the Ruling Coalition Means for Japan
Japan’s political landscape has entered uncharted territory. The ruling Liberal Democratic Party has lost its coalition partner, Komeito, ending a 26-year alliance that had helped anchor Japan’s government and ensured stability for much of the past quarter century....
Norway on Edge Over Trump Ahead of Nobel Peace Prize Verdict
Norway is bracing for the aftermath of the Nobel Peace Prize announcement on Friday as the Nordic nation has faced increasing pressure from Donald Trump and his administration to award it to the US leader. Trump’s aggressive push to secure the prize, including public...
Man Group Calls for Rotation Away From US Stocks to Global Peers
Investors should position themselves for deepening underperformance of the US stock market due to dollar weakness and elevated Treasury yields, according to Man Group. “We are seeing the erosion of the US as a safe haven,” said Kristina Hooper, chief market strategist...
US Treasuries Risk Losing Haven Status, Pension Official Says
US Treasury bonds are at risk of losing their haven status should US fiscal stress continue to build, according to Canada Pension Plan Investment Board. “We worry that if the fiscal scenario continues for a period of time” the Treasury market could stop being a...
Texas Pension to Spend Up to $15 Billion on Private Market Bets
Texas Municipal Retirement System plans to commit as much as $15 billion over the next five years to a program that will allow it to invest directly in private markets transactions alongside its external fund managers. The $44 billion pension will commit between $10...
‘Very speculative, very frothy, very greedy’: Wall Street says stock market’s rise to records poses risks
Stocks are sitting at record highs, but some Wall Street strategists say that very optimism could be a warning sign. In a note to clients on Monday, Citi strategist Chris Montagu said buying activity has been strongest among smaller companies, with the Russell 2000...
Dot-Com Fears Rise With Tech Stocks Seeing $100 Billion Swings
Investors are excited about OpenAI’s expansion driving big gains in technology stocks, but a rising number of Wall Street pros fear that the wild pops that add tens of billions of dollars in value in mere minutes are signaling an unhealthy market reminiscent of the...
JPMorgan Sees End of Startups’ ‘Private-for-Longer’ Mantra
After years of facing requests from startups to help them stay private for longer, JPMorgan Chase & Co.’s clients are starting to sing a different tune. “A lot of these companies that said ‘private for longer, private for longer,’ are now saying ‘private for a...
