Today’s most shared: Fed stays on taper track despite downbeat growth. Argentina says next debt payment ‘impossible.’ Large hedge fund reportedly successfully targeted by hackers. Goldman Sachs trader who was paid $35m over six years sues over too-small bonus, details … Read more
Leave a CommentToday’s most shared: Argentina vows to fight ‘vulture’ funds, struggles to avert default. Will US decision empower holdouts and imperil future sovereign debt restructurings? China’s leader divests business empire. China metal trader that borrowed $2b may have pledged same collateral … Read more
Leave a CommentToday’s most shared: Study of stock options finds evidence of widespread insider trading. Liquidity mismatch: Investors reach for yield, use bond funds as bank accounts. Will a rise in interest rates and losses trigger a run on the bond market? … Read more
Leave a CommentToday’s most shared: Calm before the storm? Liquidity drought may foreshadow volatility in bond markets. China debt surpasses US, as Europe still grapples with debt overhang. The rich are all different: a varied picture of the ultra high net worth … Read more
Leave a CommentToday’s most shared: Brokers fight fiduciary duty standard. Restacking the building blocks of a financial crsis? CEO pay at top US firms rose 937% over 25 years, inflation-adjusted, while average worker pay rose 10.2% Is there less to John Hussman’s … Read more
Leave a CommentToday’s most shared: Signs of a top? Junk bond offers free burritos every week; CLOs regain popularity; World’s top distressed investor cuts size of fund, citing limited opportunities. In a world where Iraq bonds yield 7%, what do fixed-income investors … Read more
Leave a CommentToday’s most shared: The Fed signals its intention to limit bond sales to avoid spooking markets. Instead, it plans to borrow against its bonds to drain cash liquidity, raise the rate it pays banks on excess reserves to keep them … Read more
Leave a CommentToday’s most shared: “Stretch for yield,” the scariest words in the bond lexicon. Buffett bullish on wind, solar investments. The VIX is low, but that doesn’t mean you should buy it. Dark pools probed over disclosures, handling of sensitive customer … Read more
Leave a CommentToday’s most shared: Market fear gauge at a 7-year low. Spanish 10-year yield falls below US 10-year amid weak growth and inflation, quashed fear of default. Inside Bridgewater, the world’s largest, most successful hedge fund. Is Ray Dalio’s unusual philosophy … Read more
Leave a CommentToday’s most shared: The US economy has finally recovered the jobs lost in the wake of the financial crisis (although the population has grown). SEC puts market structure reform on the table. Larry Summers gives props to scholars of household … Read more
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